The world consumes 28 to 29 million tons of copper annually
Cristobal Undurraga · Keeping copper from limiting the energy transition · Jun 1, 2023 · at 8:15
Ceibo CEO Cristobal Undurraga and Shayle Kann discuss the global macro supply and demand baseline for copper.
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“The general number is that the world consumes roughly 28 to twenty-nine million tons of copper a year. Of those, Something like 5,000,006 million come from recycling or scrap, or there's a recovery of copper around that, that helps you. But in general, what is produced is going to be about twenty-two million tons of copper per year. That's like the rough figure of copper production in the world, all over the world.”
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