The threat of artificial intelligence to the global copper market, an opportunity for Iran? ▫ Copper, an essential metal for the development of energy infrastructure, artificial intelligence, and defense technologies, is on the verge of a supply crisis; a crisis that geopolitical disruptions could intensify. ▫ A Bloomberg assessment shows that the gap between copper supply and global demand will reach 8% by 2035 and 44% by 2050. While developing a new mine can take up to 15 years, the decline in the grade of old mine reserves has also made it harder to increase production. ▫ Alongside the growth in demand, tensions in the Strait of Hormuz and the rising price of sulfur, the raw material for producing sulfuric acid, could also drive up the cost of copper production. But what do these developments mean for Iran? If there are significant copper reserves, what position can Iran have in the future market of this metal? Is the country's copper industry ready to seize this opportunity and what are the obstacles facing its development? In this report, Kourosh Shabani, an activist in the copper field, talks about the opportunities and challenges facing this industry. The link to this program is in Mnegano.

The threat of artificial intelligence to the global copper market, an opportunity for Iran? ▫ Copper, an essential metal for the development of energy infrastructure, artificial intelligence, and defense technologies, is on the verge of a supply crisis; a crisis that geopolitical disruptions could intensify. ▫ A Bloomberg assessment shows that the gap between copper supply and global demand will reach 8% by 2035 and 44% by 2050. While developing a new mine can take up to 15 years, the decline in the grade of old mine reserves has also made it harder to increase production. ▫ Alongside the growth in demand, tensions in the Strait of Hormuz and the rising price of sulfur, the raw material for producing sulfuric acid, could also drive up the cost of copper production. But what do these developments mean for Iran? If there are significant copper reserves, what position can Iran have in the future market of this metal? Is the country's copper industry ready to seize this opportunity and what are the obstacles facing its development? In this report, Kourosh Shabani, an activist in the copper field, talks about the opportunities and challenges facing this industry. The link to this program is in Mnegano.