Current Affairs - Economy - Discussion

Global copper demand is expected to increase significantly as copper plays a vital role in modern technologies. Rapid growth in artificial intelligence, clean energy systems such as electric vehicles and renewable power infrastructure, and defence-related manufacturing has increased reliance on copper because of its excellent electrical and thermal conductivity. These sectors require large quantities of copper for wiring, motors, batteries, and electronic components. As a result, projections indicate that by the year 2040, global copper demand could rise by nearly 50%, making it one of the most strategically important industrial metals for future economic growth.