Reported about 7 hours ago
AI-focused tech companies are expected to invest over $1 trillion in infrastructure and power grid development, significantly increasing the demand for copper. According to BHP CFO Vandita Pant, this surge is driven by the energy transition and AI data centers, which could lead to a 70% rise in copper demand over the next thirty years, with major contributions from the United States, China, and India. BHP is well-positioned to capitalize on these growth opportunities.
Source: YAHOO