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Copper Prices Surge 40% Amid Supply Crunch and Demand

12/31/2025

46 10 Full Breakdown

Summary

Story summary

Copper prices are nearing $13,000 per ton, up 40% since the start of 2025.
The rise is driven by demand for copper in energy transfer technologies and AI construction, along with anticipated U.S. tariffs on copper products.
Recent mine closures have tightened copper supplies.
Freeport-McMoRan shares rose 0.5% to $51.75 as traders monitor whether copper can hold these levels into the new year, amid U.S. dollar strength and Chinese demand.

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Story summary

Copper prices are nearing $13,000 per ton, up 40% since the start of 2025.
The rise is driven by demand for copper in energy transfer technologies and AI construction, along with anticipated U.S. tariffs on copper products.
Recent mine closures have tightened copper supplies.
Freeport-McMoRan shares rose 0.5% to $51.75 as traders monitor whether copper can hold these levels into the new year, amid U.S. dollar strength and Chinese demand.