The Coming Copper Crunch

The price of copper surged over 40% in 2025 and continued to hit record highs in 2026, reflecting strong demand and highlighting the impact of supply constraints. Essential since the Bronze Age, copper has remained crucial to the global economy. Copper’s desirability and ubiquity stems from its thermal and electrical conductivity, malleability, and corrosion resistance, making it difficult to replace across a wide range of industries.

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