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Copper Soars Past $13,000 as EV and AI Demand Ignites Supply Race

Copper prices hit record highs above $13,000, driven by EV and AI demand. Explore how miners like Collective Mining are racing to secure new supplies in this critical market shift.

This news matters because copper is the lifeblood of the modern economy, particularly for the technologies driving the future. The record price and supply crunch directly impact consumers, investors, and industries. For consumers, it signals potential future cost increases for electric vehicles, electronics, and home infrastructure as manufacturers pass on material costs. For investors, it highlights a critical investment theme in commodities and mining stocks, with companies like Collective Mining positioned to potentially benefit from high prices. For the global economy, a sustained copper shortage could slow the adoption of green technologies and the build-out of AI infrastructure, making the security of mineral supply chains a matter of strategic national and economic importance. The race to develop new mines is not just a market story; it's a fundamental requirement for achieving climate goals and technological advancement.