Business · 8 September 2026

Copper prices hit record high on tariff speculation

Copper prices reached a new record high on the London Metal Exchange on Monday, driven by speculation about potential US tariffs on refined copper. The three-month benchmark contract experienced an increase of 0.8%, reaching $14,533 per ton, exceeding the previous record established in January. Aging mines struggle to meet rising demand from sectors like renewable energy and data centres.

By BriefTea Editorial · 8 September 2026 at 0:56

Reported by Wall Street Journal · How we write briefs

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