Copper

Copper Hits All-Time High

Disruptions at major mines in Indonesia and the Democratic Republic of Congo have also reduced expected annual production by an estimated 600,000 tons.

Copper prices bounce as US runs out of warehouse space

Copper rose for a fifth straight session as Chinese import premiums remained elevated and the LME cash/three-month spread flipped into backwardation. COMEX warehouses held 696,204 tonnes while nearly 45% of LME copper stocks were already booked for withdrawal.

Rising global copper prices driving local crime

In T&T, this has spawned a dark, systemic crisis as skyrocketing international prices are driving an aggressive, illicit black market that is actively cannibalising the nation’s critical infrastructure.

Copper Miners Capitalize on Tight Supply & Growing Demand

According to White, copper mining equities are capitalizing on high copper prices while also reaping the rewards of a tightening supply market.

Chile's state-owned miner Codelco says restructuring plan may be delayed until end of 2026

The four sources, three of whom work at Codelco and one who is close to the company's top management and government, said the company's new management is reassessing the size of its nearly 77,000-strong workforce to restore competitiveness.

Copper steadies near three-week low amid easing LME tightness

The Yangshan copper premium SMM-CUYP-CN, a gauge of Chinese demand for imported copper, rose to $100 a ton on Monday, the highest since mid-August.

Copper's Tariff Selloff Repriced Futures While Concentrate Suppliers Gain Margin

Copper futures fell sharply after tariff expectations were repriced, but LME cash copper remained nearly unchanged. Record U.S. inventories, weaker mine output and zero treatment charges continue to expose a split between available refined copper and scarce concentrate.

Why have copper prices hit a record high?

These tariff measures are part of broader trade tensions between the US and China, with China being the world’s largest consumer of copper.

White House copper tariff plan stalls amid affordability concerns, sources say

The White House has yet to decide whether to impose tariffs on refined copper as officials balance support for domestic production against higher manufacturing costs. Copper prices fell more than 4% after the report, while unresolved policy continues to influence U.S. stockpiling and global metal flows.

Copper Hits Record High as US Tariff Delay Divides Producers

World mine production fell 1.1% to 11.341 million tonnes in the first half of 2026, with capacity utilization at 77.1% against 80.5% for 2025 (ICSG Monthly Copper Bulletin).

Copper Hits New Record on LME as US Tariff Fears Reroute Metal and Pinch Supply

Macro headwinds have not stopped it. Investors have been climbing the wall of worry that includes the war in Iran and rising US borrowing costs that strain capital-heavy manufacturers.

Antofagasta Cuts Its Copper Production Forecast as H1 Profits Surge

The Centinela Second Concentrator and the Los Pelambres expansion are on track, with commissioning expected to complete in 2027.

US July copper imports hit highest level on record

The surge in imports comes as the market awaits clarity on a proposed U.S. import tariff. The Department of Commerce was due to update President Donald Trump on copper markets by June 30 but there has been no announcement since.

Oklahoma sees rise in copper thefts; Here’s why

Jason Constable, Director of External Affairs for AT&T in Oklahoma, said the rising cost of copper is part of the reason for the increases in thefts.

BT's old copper network could be worth over $2 billion

The BT subsidiary Openreach is in the process of replacing its legacy copper network with full-fiber broadband, with plans to connect 30 million residences by the end of the decade.

Codelco Profit Surges Fourfold on Higher Copper Prices

However, the company’s own copper production dropped 11% to 564,000 metric tons, from 634,000 tons in the first half of 2025.

Copper Just Hit a Record Above $14,800 a Tonne and AI Is Partly to Blame

On August 25, September Comex copper futures rose as high as $6.727 a pound, about $14,830 a tonne, beating the previous $6.714 record set on August 12. That is the headline number. The reason behind it is messier.

US Tariff Threats Push COMEX Copper Prices to All-Time High

LME warehouse stocks recently surged, but a large volume of copper has since been scheduled for withdrawal.

US tariff threat upends copper surplus as prices test all-time peak

The prospect of U.S. import tariffs could push copper prices to record highs even though there is no global shortage of the ​metal, analysts say, as the incentive to ship to the United States drains inventories elsewhere.

US tariff threat upends copper surplus as prices test all-time peak

The prospect of U.S. import tariffs could push copper prices to record highs even though there is no global shortage of the ​metal, analysts say, as the incentive to ship to the United States drains inventories elsewhere.

Lundin Mining Cuts 2026 Copper Guidance After Chile Winter Storm

As a result, Lundin Mining now expects consolidated copper output of 300,000-325,000 tonnes in 2026, compared with its earlier forecast of 310,000-335,000 tonnes. Also, consolidated cash costs are projected at $1.95-$2.15 per pound.

LME gripped by flash squeeze as copper tensions boil over

The flash squeeze already shows signs of abating as shorts deliver metal against their positions, but the underlying tensions in the copper market presage more turmoil ahead.

Chile's Cochilco Raises 2026 Copper Price Forecast

For 2027, Cochilco kept its copper price forecast unchanged at US$5.10 per pound.