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Opinion

Copper: things to look for in 2024

Predictions for the year ahead

1 minute read

Eleni Joannides

Research Director, Copper

Eleni brings more than 30 years' experience in the metals and mining sector to her role on our copper team.

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What's in this year's report?

What will be the key themes for copper in the year ahead? Growing economic and political uncertainty amid the slew of elections in some key copper-producing and consuming countries is one area we will be watching closely.

Crucially, the timing of any interest rate cuts as well as energy transition-related developments will determine the strength of demand, notwithstanding the uncertainties due to the ongoing conflicts in Ukraine and the Middle East.

In this report, we draw on insight from our Copper Research Suite to present some of the major considerations that will be key in the copper market for 2024. This includes: 

  • Will Chinese demand surprise to the upside again in 2024?
  • Can copper concentrate producers deliver?
  • Will copper projects progress despite political risk?
  • And more. 

Fill in the form at the top of the page to get your complimentary copy of the full report. 

With thanks to co-authors Bhavya Laual, Emily Brugge, Janette Tourney, Zhifei Liu, Yongcheng Zhao and Nick Pickens.