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BloombergNEF’S Transition Metals Outlook 2026: Global Metal Supply Shortages Set to Ease, but Copper Faces a $332 Billion Investment Gap
BloombergNEF’s (BNEF) Transition Metals Outlook 2026 finds that nine of the 10 materials studied are on track to have sufficient supply capacity through 2050, a significant improvement on previous forecasts.
BloombergNEF’s (BNEF) Transition Metals Outlook 2026 finds that nine of the 10 materials studied are on track to have sufficient supply capacity through 2050, a significant improvement on previous forecasts. A looming copper supply deficit could reach 44% of global demand by 2050, requiring $332 billion investment in new mines, risking higher prices and slower electrification. Demand for lithium is set to triple by 2050, and demand for graphite is expected to more than double, due to a battery boom. Meanwhile, advances in battery technology reduce projected demand for cobalt…
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