MiningFeeds

Lucas Birdsall on the Impact of Copper and Silver Production on COMEX Futures

Venture capitalist Lucas Birdsall highlights how surging demand for copper and silver—driven by electric vehicles, renewable energy and electronics—is outpacing production capacity. S&P Global projects copper consumption could rise to 42 million metric tons by 2040, while silver’s photovoltaic share sits near 30 percent, both facing ore‑grade declines and regulatory headwinds. These supply constraints are amplifying volatility on COMEX futures, where investors hedge and speculate on price movements. Birdsall advises a fundamentals‑first, long‑term stance to navigate the market turbulence.