World Faces Copper Shortage as AI Data Centres Drive Power Demand: Survey
3 Articles
3 Articles
World faces copper shortage as AI data centres drive power demand: Survey
New Delhi: The world will soon face a copper shortage due to surging power demand from artificial intelligence data centres, the Economic Survey warned on Thursday, January 29, highlighting how critical minerals have become strategic choke-points in the global energy transition. “The global energy transition is no longer solely determined by technology; it is increasingly constrained by who controls critical minerals,” the survey said. Metals, i…
While data centers drive demand without price brakes, copper supply faces bureaucracy, depleted deposits, and political risks
Gippsland data centre puts copper demand in the spotlight
Data centre growth is set to increase copper demand. Image: Sepia100/stock.adobe.comThe planned development of a $10 billion data centre in Victoria’s Gippsland region has highlighted the rapid growth of Australia’s data centre sector and, with it, the skyrocketing demand for the critical minerals such as copper that are required to support that expansion. Singaporean asset manager and operator Keppel Ltd is proposing a 720-megawatt facility on…
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