POPA Recon🔸Copper is a key bottleneck in AI source
🔸Copper is a key bottleneck in AI source 1. Global copper demand will increase by 50% to 42 million tons in 2040. Supply is limited to approximately 32 million tons, resulting in a supply shortage of up to 10 million tons. 2. This means there is a shortage of about 24% of total demand. The problem is that it is difficult to quickly increase copper supply. 3. The quality of ore from existing mines continues to decline. Large new mine discoveries are limited. It takes an average of 17 years from mine discovery to actual production. 4. The expansion of AI infrastructure and energy transition…
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