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Copper Prices Soar Amid Pebble Mine Controversy

1/20/2026

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Summary

Story summary

Copper prices have surged above $12,000 per ton, driven by rising demand from the AI sector.
The Pebble Mine in Bristol Bay, Alaska remains stalled, facing opposition since an EPA ruling in 2014.
Advocates argue the project is crucial for United States copper production, which is projected to fall short by 10 million metric tons by 2040.
Supporters urge the government to reconsider the mine's potential to secure domestic supplies.

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Story summary

Copper prices have surged above $12,000 per ton, driven by rising demand from the AI sector.
The Pebble Mine in Bristol Bay, Alaska remains stalled, facing opposition since an EPA ruling in 2014.
Advocates argue the project is crucial for United States copper production, which is projected to fall short by 10 million metric tons by 2040.
Supporters urge the government to reconsider the mine's potential to secure domestic supplies.