https://www.*****.com/commentaries/2022-10-27/Copper-the-most-important-metal-we-re-running-short-of.htmlA major rise in copper demand from new "blacktop" infrastructure (think roads, bridges, airports, etc.), combined with high demand for copper from large-scale efforts on behalf of governments to decarbonize and electrify, is not being met with an adequate supply of the industrial metal. Trillions worth of new projects are thus in danger of falling by the wayside unless much more copper is discovered — more than is currently possible, in my opinion.
My position is supported by a recent report from S&P Global, which predicts the world's appetite for copper will reach 53 million tonnes, on an annual basis, by mid-century. This is more than double current global mine production of 21Mt, according to the US Geological Survey.
How are we going to find the copper?