Alright, so picture this: workers are hustling and bustling at the Xinjiang Euphratica Cable Manufacturing Co., Ltd in Urumqi, Xinjiang Uygur Autonomous Region of China on Nov. 15, 2021. They’re transferring copper wires left and right, getting stuff done. Pretty cool, right?
Now, let me tell you about EcoWatch. This bad boy was founded back in 2005 in Ohio as an environmental newspaper. Fast forward to today, and it’s a digital platform that’s all about publishing top-notch, science-based content on environmental topics. You can trust these folks to give you the real deal.
The International Energy Agency recently dropped a bombshell with their report on copper and lithium demand. Apparently, we’re looking at a situation where demand is going to outstrip supply for these critical minerals over the next decade. The Global Critical Minerals Outlook 2025 report is predicting some serious shortages, especially for copper. Like, we’re talking a potential 30% supply shortfall by 2035. Yikes.