Short answer
Copper rises on strong global growth, tight mine supply, or a boom in electrification (EVs, grid upgrades, data centres).
Why is copper rising?
What happened
Copper futures climbed to multi-year highs.
Why it happened
Every EV needs about four times more copper than a petrol car. Data centres and grids also drive massive demand. Meanwhile, new copper mines take a decade to build.
Why investors care
Copper is nicknamed 'Dr. Copper' because it often signals turning points in the global economy.
How it affects ordinary people
Higher copper means higher costs for electronics, cars and construction.
FAQ
Why is copper called Dr. Copper?
It has a strong track record of predicting global economic turns.
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