Copper prices exceed $12,000/ton by December 2026

Global copper prices surge past $12,000 per metric ton by the end of 2026, driven by AI infrastructure buildouts, supply constraints, and Codelco’s production shortfalls. The rally extends beyond 2026 as inventories deplete and new mining projects lag.

price · Prediction Market

Implied probability (Yes)

80%

Closes

2026-12-31

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