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Copper Rally in 2025 Sets Stage for Strongest Annual Performance in Over a Decade
Copper prices are up about 50% in 2025, supported by tight supply and energy transition demand, marking a potential best yearly performance since 2009.
Copper prices have surged nearly 50% so far in 2025, putting the metal on track for its strongest annual performance since 2009. The rally has been driven by tightening global supply, steady demand from energy transition sectors, and improved sentiment around infrastructure and electrification spending.To limited new mine capacity, declining ore grades, and strong consumption from electric vehicles, renewables, and grid upgrades as key structural drivers.