copper

An emerging global supply shortfall and booming demand due to the clean-energy transition are set to support big gains in the price of copper, leaving investors hunting exposure to the few mining projects currently online.

The world is running out of available copper and that is causing copper prices to hit record highs. The copper price hit an all-time high of $4.9375 a tonne, which is a 125 percent rise from its March 2020 lows. It joins the list of essential commodities that have hit record highs since the pandemic began and there are several factors all contributing to its rise.

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