Copper Demand in an Electrifying and Digitising World

Investment in electricity grids is set to become the single most important driver of copper demand over the coming decades, underpinning growth from renewable energy, electric vehicles (EVs) and artificial intelligence (AI), says Wood Mackenzie head of copper research Charles Cooper. Speaking in the first episode of Creamer Media’s IN FOCUS copper series, he said the world was entering a period of structurally higher copper demand as economies electrify, digitise and strengthen energy infrastructure. While EVs, renewable energy and AI-related data centres often dominate discussions about future copper consumption, Cooper argued that electricity networks remain the common denominator across all major demand trends. The interview kicks off Creamer Media's five-part IN FOCUS series on copper, which brings together leading experts to examine the trends reshaping the market. For more visit www.miningweekly.com