Copper to the Moon?

Copper prices are booming, here's why.

Ludo Lugnani
Ludo Lugnani

In Short: Copper prices might almost quadruple to $40,000 a tonne soon, thanks to surging demand and low supply. This is set to kickstart a wave of investment activity and law firms are watching closely.

What's Going On?

The price of copper is going bananas. It's already hit a record $11,000 a tonne this year, and experts are saying it could shoot up to $40,000 a tonne in the next few years. The reason? We're using way more copper than ever before. Think electric cars, solar panels, wind farms, and even stuff like military gear and data centers. All these things need copper, and lots of it.

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