8 July 2025 | 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: 12.06.2026 Expectation: 4700 pips
Invest in Bitcoin up to $86,000
Yesterday at 10:09 AM 26
Period: 31.05.2026 Expectation: 1900 pips
Buying GBPUSD on low US inflation
Yesterday at 09:54 AM 30
Period: 19.05.2026 Expectation: 570 pips
Brent crude may extend its climb to $115.30 as US driving season kicks off
Yesterday at 08:48 AM 28
Period: 19.05.2026 Expectation: 3200 pips
Tesla shares are poised to correct following Elon Musk’s visit to China
Yesterday at 08:48 AM 17
Period: 12.07.2026 Expectation: 2000 pips
Buying AUDUSD as RBA rate hike lends support
Yesterday at 07:00 AM 20
Period: 08.06.2026 Expectation: 1500 pips
Investing in USDCAD with target of 1.38000
08 May 2026 87
Go to forecasts