🔧 Copper Shock: Goldman Cuts 2025 Supply After Grasberg Mine Disaster
-
Goldman Sachs just slashed its global copper supply forecast after a mud flow disaster at Indonesia’s Grasberg mine disabled large parts of production.

Supply cuts of 160,000 metric tons in 2025 could flip markets from surplus to deficit.
With copper used everywhere, batteries, grids, infrastructure, this squeeze could boost prices and ripple through energy & EV sectors.
-
Copper squeeze incoming
A 160K ton supply cut is no joke — with demand from EVs, batteries, and grids, this could flip the market hard into deficit. Prices may surge and energy transition projects will feel it 

With copper being critical for EVs, batteries, and infrastructure, a 160K ton supply cut could send shockwaves across industries. Expect volatility and higher prices if demand keeps accelerating