Copper Crunch 2026: Global Shortages and Pakistan's Untapped Reko Diq Potential

The Global Deficit

Goldman Sachs predicts a 6 million ton copper deficit by 2030. The immediate crunch starts in late 2025 as AI data centers double their energy consumption.

Pakistan's Role

With Reko Diq capable of producing 200,000 tons annually, Pakistan is positioned to replace Russian supply for the Asian market.

Buyer Opportunity

Direct sourcing from Baluchistan offers a 15-20% arbitrage opportunity against LME prices for buyers willing to navigate the logistics.