The GIBS Blog (Gordon Institute of Business Science)

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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