Copper Hits Record $10,800 Per Ton as AI Data Center Demand Reshapes Metals Markets
Copper futures reached an all-time high on the London Metal Exchange as the insatiable demand for electricity from AI data centers collides with years of underinvestment in new mining capacity. Goldman Sachs raised its year-end target to $12,000.
Copper futures reached an all-time high on the London Metal Exchange as the insatiable demand for electricity from AI data centers collides with years of underinvestment in new mining capacity. Goldman Sachs raised its year-end target to $12,000.
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