Overview

• Copper prices have surged over 25% this year, hitting an all-time high above $11,000 per ton.
• The metal's demand is fueled by its essential role in AI, electric vehicles, and data storage.
• Global superpowers are competing for stakes in copper mining firms to secure supply for clean energy goals.
• Investors are pouring money into copper, with significant inflows into copper ETFs and physical investments.
• Experts predict prices could soar further, potentially reaching $15,000 per ton due to tight supply and high demand.