Copper is crucial for renewable energy, but the global market faces a significant deficit. According to Bloomberg New Energy Finance, a 5.4-million-ton copper shortage is expected by 2027, driving prices up by 20% to around $9,800 per ton. This gap highlights the urgent need to invest in mining and #recycling to meet the growing demand for renewable technologies like wind and solar power.
Credits
Carlo Chen Delantar Team Lead
Annika Henrico Researcher
Agnes Boncodin Creatives