Copper Breaks $14,300 per Ton on the LME…Bullish Trend Expected to Continue

SII Sprott Inc

$115.32 -3.43%

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1. 1In early August 2026, copper surpassed $14,300 per ton on the London Metal Exchange, setting a new all-time high.
2. 2Sprott projects a widening supply deficit, while Jeffries forecasts copper settling near $17,600 per ton by 2032.
3. 3Analysts say the combination of slow new mine supply with electrification and strategic demand could sustain the record-strength rally further.

Source Seeking Alpha +1 · View original ↗

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