Copper is trading at an all-time high of $6.44 a pound and could go a lot higher as the effects of a supply squeeze and the Iran war are supercharged by stockpiling and mine closures. Biggest winners so far from the copper boom are the major producers led by BHP,

Copper prices notched a new record high Monday, rising on strong demand for data-center construction, supply disruptions at one of the world's largest mines and surging input costs. Copper futures for May delivery gained 2.

The market has moved on from the impact of the US-Iran conflict, and copper has its own distinct price trend now,” one analyst said.

Copper futures rose above USD 6.29 per pound, nearing record highs, supported by expectations of long-term demand from artificial intelligence, power grids, clean energy and electrification.

Copper prices have been surging toward record highs, shrugging off Middle East war uncertainty as traders bet on strong demand and tight supply. The rally highlights how industrial metals are decoupling from geopolitical risk, with copper leading gains across the London Metal Exchange.

A dormant Utah copper mine has reopened as the world’s first autonomous mining operation, using AI and robotics supplement a human labor shortage.

Hudbay Minerals recently announced the acquisition of Arizona Sonoran Copper ( ASCU:CA) in an all-share transaction valuing the firm at ~$1.5 billion. Once the deal completes, existing Arizona Sonoran shareholders are set to own ~11% of the combined Hudbay- company.

McEwen Copper has signed an agreement with an international financial institution to manage a $2.4 billion ​loan package financing part of the Los Azules copper project in Argentina, ‌Michael Meding,

Researchers at IMDEA Materials Institute in Madrid have demonstrated a scalable manufacturing method for

Copper headed for its highest-ever close and other metals advanced as traders shrugged off the apparent deadlock between the US and Iran to join a broader rally for risk assets.