15 March 2024
Copper’s price has leapt over the $9,000 mark, buoyed by a near 5% rise this week, thanks to looming supply shortages. This rebound snaps a long period of stagnation, sparking optimism that we might be steering clear of the global economic downturn’s worst, especially for copper. This metal’s demand is skyrocketing due to its critical role in the booming electric vehicle and renewable energy sectors.