Copper: global demand is expected to outstrip supply by 2035
Expected supply of mined copper and amount of mined copper required to fulfil stated policy goals by 2035 (excludes recycled copper). Million tonnes
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required
Base case
High production case
Stated policies scenario
Additional policies scenario
30m tonnes
28.3m tonnes
21.8m tonnes
20
10
0
Expected supply
Copper required