Global copper demand is expected to reach 27.8 million tons in 2026, while the total supply is projected at 27.7 million tons.

This marks the beginning of a structural deficit that is set to persist at least through 2030 as demand continues outpacing supply growth.

Shockingly, the global economy is set to face a 10 MILLION tons copper deficit by 2040, equivalent to ~33% of current global demand.

The world needs more copper than ever.