Copper Markets in Crisis After a Year of Disruptions

How demand and production troubles are pushing global copper prices higher

Copper is an essential industrial metal, but a series of major supply disruptions this year and a lack of new mines coming online have analysts warning of shortages in coming years.

Copper Markets in Crisis After a Year of Disruptions

A cascade of mine disasters across Indonesia, Chile, and the Congo has pushed the global copper market into crisis, slashing supply forecasts and sending prices soaring to multi-year highs.

Global Copper Market Deficit Balloons on Grasberg Collapse

The global copper market has had quite the year. On September 8, approximately 800,000 tons of wet material flooded multiple levels of the Grasberg Block Cave mine in Papua, Indonesia, leading to the suspension of all underground operations. It was just one more event to add to the list of copper mining and supply disruptions […]