What if we ran out of copper?

Copper is a relatively common element with a variety of suppliers, and that should typically mean a stable market. However, the copper market has recently been showing unusual instability. New EU legislation, though not always directly related, seems to be having a significant impact on copper prices. This is the case for the Chips Act and the Critical Raw Materials Act – designed to make EU industry more resilient by improving strategic autonomy – but also for laws concerning energy, artificial intelligence and digitalisation. New factors, including looming shortages in strategic raw materials – such as copper – may strongly influence political action.