Cost of Copper Must Rise Substantially to Meet Basic Copper Needs

Feb. 17, 2026
Read time: <5 mins
Cost Of Copper Must Rise Substantially To Meet Basic Copper Needs

Global demand for copper is rising far faster than supply. To close the gap, prices would need to at least double to justify the development of new mines. Even under business-as-usual projections tied to infrastructure, electricity, heating, cooling, and other modern technologies, copper demand is expected to climb nearly 50 percent by 2050. If production falls short, global development could slow significantly. Read more about the race to secure more copper in this research spotlight from Michigan News.

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