The price of copper has seen a significant rise in recent weeks, driven by concerns over tightening global supply and increased demand from green energy projects. As of January 2025, copper is trading at levels not seen in over two years, with experts predicting continued volatility in the market.

Recent disruptions in key mining regions, particularly in Chile and Peru, have raised alarms about potential shortfalls in production. Additionally, the growing demand for copper in electric vehicle (EV) batteries and renewable energy infrastructure is further intensifying the pressure on supply chains.