BHP warns AI growth will worsen copper shortfall (F.T)

World’s largest miner expects global demand for red metal will rise by more than 70% by 2050.

The growth of artificial intelligence will exacerbate a looming shortage of copper, a metal vital for the clean energy transition, miner BHP has warned. The rise of data centres and AI, which requires more energy-intensive computing, could boost global copper demand by 3.4mn tonnes a year by 2050, BHP’s chief financial officer Vandita Pant told the Financial Times. Click here to read the full article

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