Copper Prices Climb Toward Record Highs

Industry analysts and traders warn that copper prices could reach record highs by 2026 as surging demand from AI data centers, potential Chinese stimulus, and tightening supply converge. Business Insider reports hyperscalers' planned $200 billion annual AI infrastructure spending through 2026, while declining ore grades and permitting delays will likely sustain a structural supply deficit. Practitioners may face higher costs and procurement challenges.