Lithium demand is forecast to more than triple by 2050, which would require the equivalent of 134 new mines and more than $100 billion in investment, according to Benchmark Mineral Intelligence.
That is one new mine every two months for the next 24 years.
Demand would climb to
India’s copper demand grew 12% to 2.1 million metric tons in the year to March 2026, outpacing the country’s 7.7% GDP growth.
Data centers made up less than 1% of it, according to the International Copper Association India.
Infrastructure led instead, rising 29% and accounting
