Global Copper Supply Faces Crunch as AI Investments Reshape the Energy Landscape

USA News Group News CommentaryIssued on behalf of Usha Resources Ltd. VANCOUVER, BC, Dec. 16, 2024 /PRNewswire/ -- USA News Group – The ongoing boom in Artificial Intelligence (AI) is lifting demand on several commodities, in particular copper. AI's infrastructure needs, especially data centers, are fueling a copper surge, to the benefit of mining companies. According to a "never-wrong" oil hedge fund manager from France, copper could hit $40,000 a tonne over "the next four years or so". With AI-focused tec ...