Copper Fuels a New Crisis as Artificial Intelligence Drives Record Highs

The world is entering an unprecedented phase of accelerating demand for copper, driven by the rapid expansion of artificial intelligence and the green energy transition.

This essential metal has become the backbone of modern digital infrastructure and power grids, raising concerns over potential supply shortages.

Copper prices have surged more than 30% this year, supported by the growth of massive data centers and smart electricity networks that consume vast amounts of the red metal.

Analysts say the global economy has effectively entered an era of "metal hunger".

AI Multiplies Demand

Infrastructure tied to artificial intelligence requires significantly more copper than traditional systems, from power transmission lines to renewable energy plants and advanced cooling technologies.

Estimates suggest each megawatt of AI-related power capacity needs dozens of tons of copper.

Supply Risks and Higher Prices

Major mining companies forecast a sharp rise in copper consumption over the coming decades, increasing the risk of supply gaps.

With investment momentum remaining strong, market watchers expect copper prices to stay under upward pressure and potentially reach new record levels.