Copper Crisis: Production of Electronic Devices in Danger!

As the world continues to increase the demand for copper, especially with the move towards electrification, an alarming report has been published today. S&P Global’s report showed that the demand for copper will exceed what we have spent for 120 years in just 30 years.

Concerns about copper, which is an indispensable raw material in technological tools, have been tried to be announced by experts for a long time. The fact that there is only enough copper in the world for the next 30 years is today an international credit rating agency. S&P Global was also handled.

S&P Global, in its newly published report, indicates that the decrease in copper reserves It’s a disaster for the tech industry. drew attention. Moreover, it was stated that reaching the target of zero emissions all over the world by 2050 could be prevented for this reason. Let’s take a closer look at S&P’s alarming report.

Demand for copper will exceed demand for over one hundred and twenty years in just 30 years:

The Future of Copper: Will the impending supply shortage short-circuit the energy transition?” The results of the research entitled, showed that the demand for copper will double in just the next 10 years. But this demand for copper is already facing a huge hurdle:

Copper demand will reach 53 million metric tons by 2050. This amount More than all copper demand from 1900 to 2021.

So why is the demand for copper increasing?

The answer to this question is actually quite simple. Especially the rapid and large-scale rise of technologies such as electric vehicles, charging infrastructure, solar energy, wind and batteries also increases the demand for copper. As a result, copper plays a major role in each circuit element and in each electronic device and offers the same performance instead. an alternative raw material cannot be found. If you are not using fiber internet, you are connecting to the internet with a copper cable. In fact, the device you connect to the internet is connected to the socket with a copper cable to get electrical energy. These two simple examples may be enough to explain the importance of copper in daily life and technology.

What if we can’t find copper?

Copper

If the world’s copper is completely consumed due to the decrease in copper reserves and no measures are taken against the eventual depletion, the production of any electronic device may also cease and copper can be separated only into the most important components -of course, only in case of sticking to copper-.

What precautions can be taken?

According to the S&P report, one of the strategies that can be applied to reduce the demand for copper may be to reduce the demand for electrification. However, instead of copper, it does not give the same performance, but can enable us to continue our lives. raw materials such as aluminum can be directed. In addition, to ensure the continuity of copper more mines can be established, more focus can be placed on the recycling process. Of course, the establishment of more mines will create a different discussion in these days when we strive to protect nature and develop technology.

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