Copper Prices Surpass $6 Per Pound Amid Increased Demand and Supply Constraints
DATA AND AI INFRASTRUCTURE
Copper prices have surged past $6 per pound, fueled by rising demand from the tech sector and supply constraints due to technical and labor issues at major mines. This increase is expected to boost profit sharing for employees at Montana Resources and raise tax revenues for Butte-Silver Bow. The market's volatility is further compounded by uncertainties in Venezuela, as copper is classified as a critical mineral by the U.S. government.

Jan 8, 2026, 8:19 AM