Copper is a critical metal for construction, EVs, and renewable energy. Chile holds the largest global reserves, estimated at 180 million tonnes, significantly more than Australia's 100 million tonnes. This concentration in a few countries raises strategic concerns as demand is projected to surge.
The top five nations account for over half of the world's known copper supply. While total reserves are substantial at approximately 980 million tonnes, much of the remaining copper is harder to extract. This situation highlights the need for strategic resource management and technological innovation to meet future demand fueled by electrification and technological advancement.
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