The EV boom is accelerating a copper crunch
Why copper is in news
• EV boom is sharply increasing copper demand
• EVs use 4–5 times more copper than petrol/diesel vehicles
• Demand is rising faster than supply → global copper shortage (“copper crunch”)
• Copper is becoming a strategic mineral for energy transition
Major uses of copper
• Electric vehicle batteries & motors
• Charging infrastructure
• Power grids & transmission lines
• Electronics and renewable energy systems (solar, wind)
Important copper ores (basic)
• Chalcopyrite (most important)
• Bornite
• Malachite
• Chalcocite
Top 3 copper-producing countries (world)
- Chile – largest producer
- Democratic Republic of Congo
- Peru









