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Big copper shortage to pose ‘systemic risk’ to global economies, warns S&P
Data group forecasts deficit of 10mn tonnes by 2040, equivalent to nearly one-third of current global demand
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ft.com
Copper price hits new record amid concerns over supply disruption
Production hold-ups at large mines and fears about Trump tariffs have helped to fuel sharp rally since October
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Big copper shortage to pose ‘systemic risk’ to global economies, warns S&P
Data group forecasts deficit of 10mn tonnes by 2040, equivalent to nearly one-third of current global demand
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fortune.com
The future depends on copper, but a coming shortage makes it a 'systemic risk' to the economy and a strategic flashpoint, S&P Global warns…
S&P Global estimated copper demand will jump 50% from current levels to 42 million metric tons by 2040 while supply will shrink in the coming years.
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Rio-Glencore talks highlight ‘bigger is better’ mining mantra
Revived attempt to create a $260bn megamerger underscores the desperate need for copper