Remember when the world ran completely out of copper?
But copper price is still up by >500% since the early 2000s.
"Copper and lithium are major exceptions where expected mined supply from announced projects falls short of projected demand in 2035, with implied deficits of 30% for copper and 40% for lithium"
https://www.iea.org/reports/global-critical-minerals-outlook...
Note that we kept extracting copper long after people said we would run out. We even increased production AND lowered prices.