Big copper discoveries are drying up

exactly when we need them most!

Chart shows number of major copper discoveries (>1Mt) per year:

1990s peak: 16-18 major finds

2000s: Still strong 10-14

2010s: Sharp drop to 5-8

2020s: Near zero barely 1-2 per year

Pipeline of new large-scale mines starving just as demand explodes for electrification, AI data centers & renewables.

The structural supply deficit is baked in.

Have a look at the full article here about Why one commodity collapsed while the other exploded?

here👇

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