How Copper is POWERING the future

uh copper has to be used, you know, not only for getting electricity to the data center, but these data centers are very uh energyintensive endeavors.

And what we see is, you know, copper being used often times in favor of fiber optics, for example, uh because it runs much cooler than what fiber optics does and that keeps the cooling costs lower.

Um, another thing that benefits copper as it relates to AI is, um, it is very energy intense, but at the same time, uh, these tech companies have to grapple with the energy intensity along with, uh, staying true to their clean energy mandates that they often have on a corporate level.

And so, what we see is they're investing in things like wind and solar and a lot of investments for power um, data centers going to nuclear power.

Uh, when you look at the renewable energy side, it tends to be very much copper intensive.

It's about two and a half times the amount of copper needed for a solar wind installation compared to a traditional fossil fuel counterpart.

And just to give you an idea of kind of the growth that we see in this industry, you know, out through 2030, uh AI is expected to require about 5 metric tons of uh copper through the rest of this decade.

If we go out to 2050, it's anticipated that on an annual basis, uh, AI will consume about three million metric tonses.