Copper could become the defining materials bottleneck of the energy transition. Demand is set to rise 60% by 2050, while declining ore quality and a lack of new mines threaten a significant supply gap. Can innovation and substitution ease the crunch, or will copper constrain the transition? On today’s show, Tom Rowlands-Rees is joined by Martin Tengler, BloombergNEF’s head of metals mining, to discuss this year’s edition of the flagship “Transition Metals Outlook” report.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Transition Metals Outlook 2026 - https://www.bnef.com/flagships/transition-metals-outlook

Publicly available executive summary - https://about.bnef.com/insights/commodities/transition-metal-outlook/

Copper could become the defining materials bottleneck of the energy transition. Demand is set to rise 60% by 2050, while declining ore quality and a lack of new mines threaten a significant supply gap. Can innovation and substitution ease the crunch, or will copper constrain the transition? On today&rsquo;s show, Tom Rowlands-Rees is joined by Martin Tengler, BloombergNEF&rsquo;s head of metals mining, to discuss this year&rsquo;s edition of the flagship &ldquo;Transition Metals Outlook&rdquo; report.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
Transition Metals Outlook 2026 - <a href="https://www.bnef.com/flagships/transition-metals-outlook">https://www.bnef.com/flagships/transition-metals-outlook</a>
Publicly available executive summary - <a href="https://about.bnef.com/insights/commodities/transition-metal-outlook/">https://about.bnef.com/insights/commodities/transition-metal-outlook/</a>

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more from Bloomberg analysts

Switched On

The Energy Transition Has One Big Metal Problem

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/40c25a98-bd8c-411f-a6a0-b4fe016d171c/transcript