Copper Market Supply Challenges: Why Building a New Mine Takes More Than a Decade
The copper market is being pushed higher by electrification, renewable energy build-out, and AI-driven data center demand, even as mine supply struggles to keep pace due to declining ore grades, permitting delays, and geopolitical risk in top-producing regions. Codelco, Freeport-McMoRan, BHP, Glencore, and Southern Copper Corporation remain the dominant producers, while a widening gap...
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