- AI data centers are projected to consume more than 4 million tonnes of copper by 2035, intensifying a looming global shortfall
- Trilogy Metals owns a 50% stake in Alaska’s Upper Kobuk Mineral Projects (“UKMP”), among North America’s richest undeveloped copper districts
- The company is advancing the Arctic and Bornite deposits, which together could underpin decades of future production
AI and the Next Phase of Copper Demand
Copper’s importance has been well established in renewable energy, EVs, and grid modernization. Now artificial intelligence is emerging as a powerful new driver. Data centers powering AI workloads require immense amounts of copper for power distribution, thermal regulation, and efficient conductivity. Bloomberg analysts estimate the sector could need more than 400,000 tonnes of copper annually through the next decade, with cumulative usage topping 4 million tonnes by 2035.
Trilogy Metals and the Ambler Mining District
Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) sits at the center of this dynamic. Through Ambler Metals LLC, its 50/50 joint venture with South32, Trilogy controls the Upper Kobuk Mineral Projects in Alaska’s Ambler Mining District. The district hosts volcanogenic massive sulphide (“VMS”) and…
NOTE TO INVESTORS: The latest news and updates relating to TMQ are available in the company’s newsroom at ibn.fm/TMQ
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