BHP News: BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring: Report - 16th Sep 2024, 9:48pm

annb0t

Top 20
BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring: Report

Mining company BHP Group Ltd (NYSE:BHP) has flagged an acute shortage of copper metal as global Big Techs, including Microsoft Corp (NASDAQ:MSFT), Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon.Com Inc (NASDAQ:AMZN), and more, splurge on their artificial intelligence ambitions.

The growth of data centers and AI could boost global copper demand by 3.4 million tonnes a year by 2050, the ...

>>> Read more: BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring: Report
 
Top Bottom