From Gold to Copper: Why Barrick’s Pivot Signals a New Era for Critical Metals in India

The winds of change are sweeping through the global mining industry. Barrick Gold, the world’s second-largest gold producer, is rebranding itself simply as Barrick—a symbolic yet strategic shift that signals its growing focus on a new powerhouse in the metals market: copper.

This move is more than just a name change. It’s a reflection of a broader, seismic shift in how the world values its natural resources. Copper, often dubbed the “new super metal,” is emerging as the backbone of modern technological advancement. From electric vehicles (EVs) and renewable energy infrastructure to artificial intelligence systems and defense equipment, copper is at the core of it all.

Why Copper?

Copper’s unique properties—high conductivity, durability, and recyclability—make it indispensable for a future driven by clean energy and digital technologies. As nations commit to climate goals and decarbonization, the demand for copper is projected to double by 2035. In response, countries around the world are breathing new life into dormant copper mines and rapidly investing in smelting infrastructure.

A Golden Opportunity for India

India, with its vast untapped reserves of critical and transition metals, is uniquely positioned to ride this global copper wave. Yet, the true potential of these resources remains underexplored. With strategic investment, regulatory support, and technological innovation, India could become a global hub for copper mining, refining, and value-added applications.

This is a clarion call for young entrepreneurs, investors, and policymakers to look beyond traditional sectors. The next decade belongs to those who can harness the power of critical metals. Copper isn’t just a commodity—it’s a strategic asset in the global race for technological dominance.

India must seize this moment. By developing a strong ecosystem around copper and other transition metals, we can create thousands of jobs, attract foreign investment, and take a leadership position in the global clean energy and digital future.

Let’s reimagine India not just as a consumer of technology, but as a supplier of the materials that make it possible. Copper is calling. The time to answer is now.