Sep. 15 at 7:00 AM
Will record copper futures trigger an energy crisis? COMEX
$6.894/lb. LME
$14,858.50/t. Then a 4% fade when refined tariff talk stalled. Deficit is real. Mine output fell 1.1% in H1. AI and grids still eat copper. Tariff premium can unwind.
$FCX cut Grasberg. High prices hurt power projects. They are not a blackout by themselves.
$FCX $SCCO $BHP
#Copper #Commodities #Energy #AI #Investing