The Context
Global copper demand is surging faster than mine supply can match, driven by electric-vehicle batteries and grid infrastructure. The three Andean nations hold roughly 45 percent of known reserves, making this pipeline essential to closing a projected supply gap by the 2030s.
The Takeaway
CFOs at industrial manufacturers and utilities should lock long-term offtake contracts now—copper spot volatility will intensify as these projects face permitting delays and input shortages. The advantage belongs to buyers who negotiate early, before the deficit bites.
Source: Bnamericas