Copper demand set to surge 24% by 2035 as four key disruptors reshape global markets

Insufficient mine investment could drive sustained shortages and price volatility, warns Wood Mackenzie  LONDON, HOUSTON, SINGAPORE, 15 October 2025 – Global copper demand is set to surge 24% by 2035, rising by 8.2 million tonnes per annum (Mtpa) to 42.7 Mtpa, according to a new Horizons report from Wood Mackenzie, ‘High-wire act Is soaring copper demand [...]