8 July | Other

PwC report highlights climate change risks to copper production

PwC report highlights climate change risks to copper production

A report by consulting firm PricewaterhouseCoopers (PwC) warns that approximately 32% of global semiconductor production could face disruptions by 2035 due to climate change-induced copper supply shortages.

Chile, the world's largest producer of the red metal, is already experiencing water shortages that are slowing production. Within a decade, 17 nations supplying copper, which is critical to chip manufacturing, will face drought risks, PwC notes.

The industry last faced similar challenges during the COVID-19 pandemic, when demand surges coinciding with factory shutdowns paralyzed automotive manufacturing and disrupted other chip-dependent sectors, Reuters reports.

PwC's Glenn Burm, citing US Department of Commerce data, emphasizes the economic impact: the supply chain crisis cost the American economy 1% of GDP growth and Germany 2.4%.

The situation demands urgent attention and proactive measures. Chile and Peru are already implementing solutions by improving mining efficiency and constructing desalination plants. PwC considers such an approach exemplary for other nations to follow.

Anton Volkov MarketCheese
Period: 31.12.2025 Expectation: 2000 pips
Buying USDJPY from 150.000
Yesterday at 11:20 AM 34
Period: 22.10.2025 Expectation: 840 pips
NVIDIA correction unlocks buying opportunities
Yesterday at 10:18 AM 27
Period: 30.11.2025 Expectation: 3800 pips
Buying EURUSD due to expectations of Fed rate cuts
Yesterday at 09:22 AM 40
Period: 21.10.2025 Expectation: 1200 pips
Double bottom suggests EURUSD reversal toward 1.175
Yesterday at 08:13 AM 29
Period: 22.10.2025 Expectation: 880 pips
USDCAD may correct amid escalating trade tensions
Yesterday at 07:58 AM 20
Period: 21.10.2025 Expectation: 7500 pips
Buying Bitcoin near support as price consolidates and US trade rhetoric eases
14 October 2025 54
Go to forecasts