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Copper Prices Reach Record Highs Amid Unprecedented Demand

Surging interest from AI, green energy, and military sectors drives copper to new peaks, raising concerns over supply shortages.

  • 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.
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