Part 8/10:
The Supply-Demand Balance and Future Trends
The key to the ongoing copper price trend is balancing supply with growing demand. Limited growth in supply—due to geopolitical, environmental, and operational challenges—means prices will need to stay elevated to incentivize new and more costly production.
Hines emphasized that the demand from technological sectors and green energy initiatives is only expected to intensify, pushing copper prices higher over the long term. The convergence of these factors makes copper a critical mineral in the transition to a more digital and sustainable economy.