Tag: Copper

Business

Copper demand surges amid global grid upgrade boom

Copper demand is surging beyond industry expectations, fueled by massive global investments to upgrade and expand power grids in support of the digital and clean energy transitions—both of which require vast amounts of electricity. At the same time, output from key producers like Chile and the Democratic Republic of Congo remains limited due to underinvestment […]

News

Copper prices drop below $9,000

Copper prices fell below $9,000 per ton, marking their lowest level in two months, as the U.S. dollar continued to strengthen following the recent election results Copper futures on the London Metal Exchange have fallen nearly 9% since November 5, driven by the stronger U.S. dollar following Donald Trump’s re-election. Traders are anticipating a prolonged […]