🚨 Copper Might Be the Most Mispriced Asset of the Next Decade

This isn’t hype.

Starting late this decade, multiple forecasts point to a structural copper deficit.

Not a short squeeze.

A supply gap.

Why?

Demand is accelerating:

• EVs use ~3–4x more copper than ICE vehicles

• Renewable energy is copper-intensive

• Grid upgrades require massive wiring

• AI data centers are exploding in power demand

Electrification = copper.

There’s no substitute at scale.

Supply?

That’s the problem.

• It takes 15–20 years to permit and build a major mine

• Ore grades are declining globally

• ESG + geopolitical risks slow development

• Capex hasn’t kept pace with projected demand

Even if a large deposit is discovered today, meaningful supply likely doesn’t arrive until the 2030s or 2040s.

The Strategic Angle

When supply tightens, copper stops being “just industrial.”

It becomes strategic infrastructure.

Companies won’t buy it for margin expansion.

They’ll buy it to keep operating.

That changes pricing dynamics.

This doesn’t guarantee parabolic prices tomorrow.

But structurally:

Rising electrification

Constrained long-cycle supply

= Upward pressure over time

Markets price narratives late.

Positioning early is uncomfortable.

That’s usually the point.

#Copper #Commodities #Macro #EV #AI #EnergyTransition #Investing #Markets #WriteToEarn