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[Agency: The copper mining industry needs US$332 billion in new investment to alleviate supply shortages] October 20th, according to Bloomberg estimates, the copper mining industry needs approximately US$332 billion in new investment to avoid future supply shocks. The report pointed out that without large-scale capital investment, the copper market is expected to face a supply gap of 20 million tons by 2050. This severe supply shortage could slow down the global transition to electrification. Analysts say the copper market is expected to fall into a state of oversupply by 2028 as demand grows and producers struggle to make up for the shortfall caused by falling production.
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