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BHP warns of artificial intelligence: it could turn copper shortage into crisis!

  • September 18, 2024
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BHP, one of the largest mining companies in the worldthe widespread use of artificial intelligence will significantly increase the demand for copper copper deficiency He announced that he

BHP warns of artificial intelligence: it could turn copper shortage into crisis!

BHP, one of the largest mining companies in the worldthe widespread use of artificial intelligence will significantly increase the demand for copper copper deficiency He announced that he would delve further. Vandita Pant, the company’s chief financial officer, said the need for copper would rise rapidly as the energy consumption of artificial intelligence and data centers increases.

BHP, artificial intelligence and data centers by 2050 the global demand for copper He predicts that this could increase by 3.4 million tons annually. While data centers currently account for just 1% of copper demand, this could increase to 6% to 7% by 2050. This increase in data centers intensive use of copper and will occur as a result of the increase in electricity transmission.

BHP says huge demand for copper will exacerbate shortage

Copper deficiency warning

in 2021 Global copper demand at 30.4 million tonnes It expects this to reach 52.5 million tonnes annually, a 72% increase by 2050. This could worsen the copper shortage. BHP’sIt is said to have made significant purchases to meet this demand, and that these purchases were made at a time when copper supplies were insufficient.

Warning from BHPshows that copper scarcity may become more severe in the future and that this problem will be accelerated by the widespread use of artificial intelligence technologies. This situation may require significant changes and investments in the mining sector to meet the demand for copper.

Source: Web Tekno

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