2025 Copper
"If the Chinese real estate market were to post a recovery, this would see domestic demand for copper tick higher and could lead to a tighter supply and demand balance overall, assuming all other things remain unchanged. This would underpin even higher prices than we are currently projecting"
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OUTLOOK REPORT
2025 Copper
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2025 Copper
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Key factors driving copper prices in 2025
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New demand is accelerating beyond new mine supply, and growth is expected to continue as the world transitions from fossil fuels to renewable technologies that require more copper, like wind and solar. In the longer term, copper supply will be lacking from new projects and expanded production to meet demand.
New demand is accelerating beyond new mine supply, and growth is expected to continue as the world transitions from fossil fuels to renewable technologies that require more copper, like wind and solar. In the longer term, copper supply will be lacking from new projects and expanded production to meet demand.