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Copper predictions from PDAC 2019

Predictions for metals and minerals demand abound at PDAC and BDO noted a few interesting commonalities.



The most prominent metal supply gap in the coming years appears to be copper, with an estimated 27% increase in production needed to meet supply through to 2028, requiring an investment of US$115B in mining investment to produce.


Whether this demand will be fully met by copper itself, or if this also represents an opportunity in other conductive materials such as graphene, remains to be seen. Lithium is a notable metal that appears to be in oversupply in coming years, with nearly a 10% oversupply predicted through to 2028.

Metals and Minerals Shortages Coming, Nearly Across the Board

Full report:

https://www.bdo.ca/en-ca/insights/industries/natural-resources/four-rich-insights-report-pdac-2019/

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