A long-term annual-average price series for copper is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.
Latest tracked price: $12,895 per USD/lb (as of 2026-05-03).
Copper is a highly conductive base metal essential to electrical infrastructure, construction, and the energy transition. It is the third most consumed industrial metal globally. Electric vehicles use 3-4 times more copper than conventional cars.
Copper is the backbone of electrification and renewable energy infrastructure, with demand projected to double by 2035. Demand is driven primarily by Electrical wiring and power transmission, Electric vehicle motors and batteries, Construction plumbing and roofing. Supply is concentrated in Chile, Peru, Democratic Republic of Congo, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Copper prices.
The latest tracked copper price is $12,895 per USD/lb. Live spot prices are shown on the Copper live-price page.
A long-term annual-average series for copper is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
A long-term annual-average series for copper is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
A long-term annual-average series for copper is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
Copper is the backbone of electrification and renewable energy infrastructure, with demand projected to double by 2035. Demand is driven primarily by Electrical wiring and power transmission, Electric vehicle motors and batteries, Construction plumbing and roofing. Supply is concentrated in Chile, Peru, Democratic Republic of Congo, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Copper prices.