US EditionCopper Climbs to Record High Above $13,000 After Strike at Chilean Mine
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7 Articles
Times of India
The Economic TimesCopper climbs to record high above $13,000 after strike at Chilean mine
Copper prices surged to a record high above $13,000 a ton, driven by supply concerns stemming from a strike at a Chilean mine and dwindling warehouse stocks. Forecasts predict significant deficits in refined copper supply through 2027, further fueling the price rally. Other base metals also saw gains amid potential shortages.
Copper nears record highs: the strike in Chile and collapsing LME inventories are pushing prices up. Deficit warnings for 2026. - Economic Scenarios
The commodities market is heating up again, and this time the undisputed star is "Doctor Copper." Prices of the red metal soared to new all-time highs on Monday, driven by a perfect storm: growing supply concerns, a strategic strike in Chile, and rapidly emptying London Metal Exchange (LME) warehouses. This is a scenario we analyze carefully, because when copper rises, industrial inflation is often not far off. The spark in Chile and the markets…
The Canadian mining company activated a contingency plan after the beginning of a legal strike of Union Number 2 union in the Atacama Region, which represents half of the direct workers of the plant.The beginning of 2026 found Capstone Copper Corp. facing a strong operational challenge in Chile.From the first hours of this Friday, January 2, the Mantoverde mine, located in the Atacama Region, operates under a scheme of minimal services and reduc…
Copper prices were approaching historic peaks this Monday, as concerns about supplies intensified after a strike in a Chilean mine, deficit forecasts and low stocks in the authorized warehouses of the London Metal Exchange. The reference copper in the London Metal Exchange (LME) rose by 2.8% to $12,823 a metric ton at 10:42 GMT, after peaking at $12,905.5. Metal prices used in energy and construction reached a record $12,960 a ton last week.
Capstone Copper (ASX:CSC) Drops on Chile Strike: Is This a Buying Opportunity?
Capstone Copper: Is This a Buying Opportunity? Capstone Copper (ASX: CSC) fell 4% to A$14.51 last week after workers at its Mantoverde mine in Chile went on strike starting January 2, 2026. Union #2, which represents about half of Mantoverde’s workers and roughly 22% of Capstone’s total staff, walked out after pay talks broke down.…
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