A new study by analyst S&P Global has found that meeting the net zero emissions target by 2050 could be “short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way.
The study projects global copper demand to nearly double over the next decade, from 25-million metric tons today to about 50-million metric tons by 2035 in order to deploy the technologies critical to achieving net-zero by 2050 goals.
