Copper(IN40213.SH)

Copper Was Supposed To Be Boring — Instead It's Breaking The System

Copper's supply is facing a structural crunch due to aging mines, declining discoveries, and rising disruptions. Major companies are shifting focus from new explorations to expanding existing operations, leading to higher costs and lower ore grades. In 2025, significant production losses are expected from various global regions due to labor disputes and other issues. Regulatory hurdles further complicate the development of new projects, impacting not only copper but also global silver production, which relies on copper mining. The situation poses challenges for electrification timelines and is unlikely to be resolved quickly, even with rising prices.

Comex Copper Settles 1.10% Higher at $5.8925 — Data Talk

Comex Copper for January delivery rose 1.10% to $5.8925, gaining 6.40 cents per pound. It has increased in four of the last five sessions but is down 1.96% from its 52-week high of $6.0105. Year-to-date, it is up 4.66%, reflecting a 38.40% rise from a year ago. Month-to-date, it has also risen by 4.66%.

Spot gold rose 1.80%, currently reported at $5,274.50; COMEX gold futures rose 3.71%. Spot silver fell 0.65%, while New York silver futures rose 5.15%. COMEX copper futures rose 0.96%. WTI crude oil futures rose 1.17%, and Brent crude rose 1.01%

USTR: Talks on stronger rules of origin for key industrial goods, enhanced collaboration on critical minerals, and increased external trade policy alignment

USTR: Talks on stronger rules of origin for key industrial goods, enhanced collaboration on critical minerals, and increased external trade policy alignment

BUZZ-Copper miners rise, tracking price of red metal

Shares of copper miners rise, tracking higher prices of the red metalBenchmark copper (CMCU3) on the London Metal Exchange up 0.6% at $13,088 a metric ton Copper prices rise after the U.S. dollar slid to a four-year low and speculative investors continued to pile in with bullish bets on industrial metals (MET/) Global mining giants Rio Tintoand BHP Groupeach up marginallySouthern Copperrises marginally and Freeport-McMoRanup ~1%Canada’s Teck Resources (TECKb.TO) up marginally, Hudbay Minerals (HBM.TO) rises 3%, and Ero Copper (ERO.TO) inches up 2.4%