Anil Agarwal Predicts ‘New Copper Age’ as Demand Surges with Future Tech

Vedanta Group Chairman Anil Agarwal has declared that the world is “entering a New Copper Age,” emphasizing copper’s critical role in the next wave of technological progress. He highlighted the metal’s long history with human advancement, from the Indus Valley civilisation thousands of years ago to today’s innovations, stating that future technologies such as AI, clean energy, and electric mobility cannot grow without copper.

Agarwal believes India is well-positioned to become a global leader in copper production, backed by strong human talent, resource availability, and technological capabilities. Market experts also support this outlook, suggesting copper could become a major wealth driver over the next decade as the world intensifies efforts toward energy transition and digital infrastructure.

Global supply challenges are already impacting the market, with major copper mines facing disruptions and new mines requiring years to develop. The U.S. has listed copper among critical minerals for economic security, while prices have recently spiked due to supply fears. Forecasts from industry giants like Goldman Sachs and Citi point to copper reaching $11,000–$14,000 per ton in the coming years, signaling a sharp rise in demand and value.

Pic Courtesy: google/ images are subject to copyright