BHP has warned the growth of AI will exacerbate a looming shortage of copper, a metal that is vital for the clean energy transition, Leslie Hook of The Financial Times reports. According to BHP CFO Vandita Pant, the rise of data centers and AI could boost global copper demand by 3.4mn tonnes a year by 2050. “Today, data centres are less than 1 per cent of copper demand, but that is expected to be 6 to 7 per cent by 2050,” Panta told the Times.
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