Copper Demand Is Forecast to Rise 50% by 2040. Mined Supply Is Expected to Peak Around 2030

This GlobeNewswire item is a paid sector commentary piece sponsored by Yukon Metals, using a bullish long-term copper demand/supply thesis to promote junior explorers. Freeport-McMoRan appears only in a recap of its October 2 operational update: approximately 830 million pounds of consolidated Q3 2026 copper production and an expected average realized copper price above $6.50 per pound. The piece also cites Freeport's targets of 80% capacity at Grasberg Block Cave by mid-2027 and an investment decision on doubling Bagdad capacity by year-end 2026.

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