All Power Infra, EVs, Solar, Data Centres are hungry for Copper.

Industry wise usage:

• Building & Construction - 25%
• Power Infrastructure - 19%
• Industrial - 17%
• Consumer Goods - 14%
• Transportation - 8%
• Others - 17%

India’s per capita consumption lags in global averages for all metals.

Copper - 0.5 kg vs 3.2 kg

Aluminium- 2.5 kg vs 11 kg

Steel - 86.7 kg vs 221.8 kg

Demand is increasing faster than supply.

It takes 16-17 years on average to bring a copper mine from discovery to production.

Global production is at about 23 Million Tonnes.

Chile is world’s largest copper producer. Seeing constraints due to declining Ore Grades, Water constraints and Operational setbacks at major mines.