Copper has shown a tremendous rally in the commodities market this year. Red metal prices have reached around $12,000 per metric ton and have registered an increase of about 35% so far, which could be the strongest annual performance since 2009. AI-driven demand and supply concerns are the two big reasons behind this boom. Copper’s high electrical conductivity makes it indispensable for power grids, data centers, EVs and renewable energy projects. Globally, mining disruptions, future supply cuts and projections of deficit in the coming years have given further support to the prices. According to experts, AI and clean energy transition have made copper the star commodity of 2025.
