Copper

Multiple copper thefts cause damage to infrastructure around Nova Scotia

Copper wire thefts have the potential to be incredibly dangerous for those involved, the RCMP warned. Interfering with power lines or electrical infrastructure without the proper training, equipment and expertise significantly increases personal and public safety risk, police say.

Copper jumps to its highest level ever. What the metal is telling us

But instead of simply indicating stronger global growth, today’s record price could be reflecting a combination of constrained supply, heavy grid investment, uncertainty around U.S. tariffs and rising demand for electrification.

Copper price sets fresh US record as tariff-driven hoarding meets shrinking supply

In London, copper touched $14,050 a tonne on Wednesday morning after topping $14,000 on Tuesday for the first time in two months, closing in on January’s record $14,500.

Copper price tops $14,000 as US stockpiles swell before tariff call

Copper has rallied about 12% this year after reaching a record high in January. Its performance has been aided by speculation about US trade policy, as well as deep-seated enthusiasm about prospects for global demand driven by the energy transition and the build-out of artificial intelligence infrastructure.

Copper Supply Faces a New China Driven Squeeze

Natalie Scott-Gray, StoneX Senior Metals Analyst, specializes in global base metals markets and the interaction between physical supply chains and macroeconomic developments.

Copper wire theft up by 78% over last year, Bell says

Hamilton, Niagara and Milton had the most thefts in Ontario. But in New Brunswick, Bell says the problem was growing fastest, with a 235 per cent increase in thefts from 2025.

Codelco Scales Back Copper Output Target, Focuses on Recovery Plan

Several factors, including aging mines, declining ore grades, and rising development costs, have curtailed the company's production.

Copper Costs Surge as Supply Disruptions and Infrastructure Demand Converge

With geopolitical tensions still unresolved and power infrastructure demand still growing, copper prices could rise further.

Copper thefts on the rise at local work sites in Campbell County

The latest copper theft case happened at a Verizon cell tower construction site on Anstey Road, where investigators say two masked suspects stole more than $4,700 worth of communications equipment and copper cable.

Chile storm shuts mines, stokes AI supply chain risk amid deepening copper crunch

On the 26th (local time), the Financial Times (FT) reported that Canadian miner Lundin Mining halted operations last week at the Caserones copper-molybdenum mine in Chile's Atacama region. The move followed power supply disruptions caused by heavy snowfall.

Freeport-McMoRan's Q2 profit beats expectations, helped by rising copper prices

Freeport's copper production fell 18.2% to 786 million pounds, while gold production fell 39.4% to 192,000 ounces.

Copper wire thefts in Morgan Hill cause thousands in damage, police say

Anyone who may have witnessed the crimes is asked to contact Morgan Hill PD at 498-779-2101. Authorities said, “Even the smallest detail could help identify those responsible.”

ICSG: Global Copper Mine Output Slips in First Five Months of 2026

Chile recorded the sharpest decline among major producers, with mine output falling 8.8% due to weaker production at key operations, including El Teniente, Escondida, Los Pelambres, and Spence. Indonesia's concentrate production plunged 38%, ICSG press release said.

Copper wire thefts continue to be a ‘growing concern’ across North Carolina

AT&T uses copper wire infrastructure along with fiber to offer its services. Rabon said thieves often don’t know the difference between copper and fiber lines on utility poles, and will cut both.

Recent Copper Thefts Leave Pasadena Businesses Facing Costly Repairs

Cutting live grounding wires or tampering with electrical equipment can result in electrocution and may leave behind exposed wiring that creates fire hazards, traffic hazards, and serious risks for utility workers and the public.

BHP Reports Q4 Copper Decline, Cuts FY27 Outlook

Despite the weaker performance in Chile, Copper South Australia recorded a modest production increase, with Olympic Dam achieving its highest annual output in two decades.

Chile's Codelco expects flat copper output in coming years, chairman says

The miner is ​working to recover from a slump in 2022 ⁠and 2023 when production fell to two-decade lows. Last ​year's production at Codelco's own mines stood at 1.33 million ​tons.

'It's problematic': Copper wire theft on the rise across North Carolina, AT&T warns

In May, five people were charged in connection with multiple copper thefts across Buncombe County that investigators said caused widespread outages.

New Missouri law targets copper wire theft

Senate Bill 903 creates a felony for unauthorized possession of certain copper, fiber, and telecommunications material.

Macquarie: Copper Rally Running Ahead of Market Fundamentals

Copper traded at around $13,800 per tonne ($6.27 per pound) on Thursday, supported by lower oil prices, renewed optimism over U.S.-Iran negotiations, and fresh U.S. tariff proposals targeting a wider range of copper products.

BHP deal could create one of Arizona’s largest undeveloped copper districts

The transaction comes as demand for copper continues to surge, fueled by electric vehicles, renewable energy, data centers, artificial intelligence infrastructure and modernization of the nation’s electric grid.

ICSG Forecasts Global Copper Surplus Through 2027

Despite the slower outlook, long-term demand fundamentals remain positive, ICSG noted.

Copper Price Spike Likely As El Nino Weather Conditions Develop

Other commodities are also at risk of being affected by an El Nino which results from above average temperatures in the Pacific Ocean which can distort normal weather patterns.

Copper theft is the silent blight upon the Canadian economy

Residents and local businesses in the town of 20,000 couldn’t connect their devices to the network, 911 access was disrupted and the airport was offline for a day, snarling some operations.

AT&T Asks to Discontinue Service on Damaged, Vandalized Copper Lines

AT&T has also sued state regulators over rules that require it to maintain copper wire telephone service for new customers.