NewsDialy
The price of copper has risen 47% over the past twelve months and 17% so far this year.
Stockpiling, meaning the deliberate accumulation of reserves beyond immediate consumption needs, is supporting that rally in the United States.
On the other side of the ledger, aging mines are struggling to match a demand curve that keeps moving up. Where the demand is coming from Copper carries electricity.
That single fact explains why three expanding sectors are pulling on the same metal at once. AI data centers require significant copper for power distribution and internal wiring.
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