Wood Mackenzie: Geopolitical supply shocks and AI power crunch collide across global base metals

Geopolitical disruptions, resource nationalism and an escalating power crunch are reshaping global base metals markets, according to Wood Mackenzie's latest analysis. As the global data centre pipeline surpasses 250 GW, demand for power infrastructure is accelerating competition for copper, aluminium and other strategic materials. The metals impact of AI extends well beyond data centres themselves…