Record Copper Prices, Tight Supply, AI Demand: The 2026 Playbook Featuring Freeport-McMoRan, Anglo American & BHP Group
Copper has surged to fresh record highs this year, with London Metal Exchange (LME) prices climbing above $12,000 per metric ton, marking an impressive ~42% year-to-date gain, as a powerful structural shift takes hold in the market. While the initial rally was supported by short-term factors such as U.S. tariffs, a weaker dollar, and inventory…