Copper Mining Trends and Market Insights
Explore copper mining trends, supply–demand studies, price forecasts and market analysis—all grounded in data‑driven insights.
Copper in the Age of AI: Challenges of Electrification
S&P Global's comprehensive study (116-page report) identifies a transformative trajectory for copper demand, projecting a surge from 28 million metric tons in 2025 to 42 million metric tons by 2040 – a 50% increase that underscores the metal's pivotal role in multiple technological and economic domains.
However, meeting the call on copper confronts significant supply obstacles both above and below ground. The study projects a potential 10 million metric tons of copper shortfall by 2040 without meaningful supply expansion. This demand growth – and addressing the looming challenges to meeting it – is the focus of this report. But what is driving this copper demand?
Gain strategic insights into the role of copper and the challenges of electrification.
Copper Mining Industry: Facts and Figures
Copper Exploration Trends
Copper exploration budget increased by 2% in 2025 to $3.30 billion.
Copper Mining M&A
The total value of copper mining deals increased by 21% to $5.67 billion in 2025.
Copper Mines: All-in sustaining costs (AISC)
AISC at primary copper mines is expected to decline by 11% year-over-year in 2025.
Copper Mines Emissions
Total Scope 1 and 2 emissions from primary copper mines are projected to decline in 2025, predominantly due to the use of renewable energy grids.
Copper Mining Industry Trends
S&P Capital IQ Pro: Unraveling Copper Mining Data from the Ground Up to Global Markets
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