Copper’s new demand stack (and the AI chokepoint)

Copper is facing a “super squeeze” — its demand stack is deepening, just as the supply pipeline tightens. According to HSBC Holdings Plc the squeeze for copper (and other raw materials) is being driven by the closure of the Strait of Hormuz and mine disruptions, colliding with rising consumption across data centers, electrification, and the defence … Continue reading Copper’s new demand stack (and the AI chokepoint)