Global copper supply to peak in late 2020s before decline, IEA warns

May 26, 2025 - 00:00
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Global copper supply to peak in late 2020s before decline, IEA warns
Global copper supply is set to peak by the late 2020s before declining sharply due to falling ore grades and reserve depletion, according to the International Energy Agency. While projects in Africa and Mongolia will boost near-term output, long-term challenges raise concerns about meeting growing demand.

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