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The World Will Need More Copper in the Next 30 Years Than It Has Consumed in All of Human History. Ex Pentagon Advisor Says One American Company Controls the Deposit That Could Change Everything.
Former CIA Advisor Jim Rickards Has Released a New Free Presentation Examining S&P Global's Copper Supply Crisis Forecast — and the Role America's Largest Undeveloped Copper Deposit Could Play in Addressing ItBaltimore, MD, April 17, 2026 (GLOBE NEWSWIRE) -- In January 2026, S&P Global published a comprehensive study titled "Copper in the Age of AI: The Challenges of Electrification." Its central finding: global copper demand is projected to rise 50% by 2040 — from 28 million metric tons today t
About this update from S&p Global Inc.
[{"type":"text","content":"Former CIA Advisor Jim Rickards Has Released a New Free Presentation Examining S&P Global's Copper Supply Crisis Forecast — and the Role America's Largest Undeveloped Copper Deposit Could Play in Addressing It","length":217,"tagName":"p"},{"type":"text","content":"Baltimore, MD, April 17, 2026 (GLOBE NEWSWIRE) -- In January 2026, S&P Global published a comprehensive study titled "Copper in the Age of AI: The Challenges of Electrification." Its central finding: global copper demand is projected to rise 50% by 2040 — from 28 million metric tons today to 42 million metric tons — while supply is on course to fall 10 million metric tons short of that demand without significant new investment. S&P Global called the resulting gap a "systemic risk for global industries, technological advancement and economic growth."","length":583,"tagName":"p"},{"type":"text","content":"Former CIA advisor and macro economist Jim Rickards has released a new video presentation examining the implications of the S&P Global study — and specifically, what it means for one American resource project that sits directly at the intersection of the supply problem the study describes.","length":294,"tagName":"p"},{"type":"text","content":"What the S&P Global Study Found","length":35,"tagName":"p"},{"type":"text","content":"The S&P Global study identified four demand vectors driving copper consumption higher through 2040: core economic demand, the energy transition (electric vehicles, renewables, grid expansion), AI and data centers, and defense modernization. Demand from AI data centers and defense spending alone is expected to roughly triple by 2040, representing a combined 4 million metric tons of additional annual demand.","length":413,"tagName":"p"},{"type":"text","content":"On the supply side, the study projected that global copper production will peak in 2030 at approximately 33 million metric tons before declining. The average new copper mine, S&P Global noted, takes approximately 17 years to move from discovery to production — meaning the supply response to today's demand signals would not arrive until the early 2040s under the most optimistic assumptions.","length":400,"tagName":"p"},{"type":"text","content":"America's Documented Answer","length":31,"tagName":"p"},{"type":"text","content":"A signi...