The Next Metal Sitting on the Launch Pad - Copper

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The Next Metal Sitting on the Launch Pad - CopperCopper FuturesMCX:COPPER1!OK_RaneDemand Drivers, electric vehicles (EVs) using up to four times more copper than traditional cars, renewable energy infrastructure like solar and wind, and power grid upgrades. AI data centers, electrification projects, and defense spending add further pressure, while emerging markets like India saw 9.3% demand growth to 1,878 KT in FY25 from infrastructure and renewables. Supply Challenges, Mine disruptions, declining ore grades, and long lead times (10-15 years) for new projects create structural shortages, with the IEA warning demand could outstrip supply by 30% by 2035 without action. China's demand growth is slowing to 52% of global consumption by 2031, shifting reliance to U.S. and India expansions It's multiyear breakout with volume expansion 40-50% Upside is possible in coming year.