---
title: "Metals & Mining: Copper Capex Watch"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292930366.md"
description: "Copper prices have reached record highs, briefly exceeding $14,500/t and currently trading near $13,500/t, approximately 8% above the previous year-end record. This price surge signals a critical need for increased supply, effectively providing a green light for new mining and production investments."
datetime: "2026-07-16T16:03:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292930366.md)
  - [en](https://longbridge.com/en/news/292930366.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292930366.md)
---

# Metals & Mining: Copper Capex Watch

Copper has pushed into fresh record territory, briefly breaking above $14,500/t earlier this year and, despite some recent softness, still trades near $13,500/t, ~8% above the prior year-end record close. The price action is signaling a clear message: more supply is needed, and there is currently a green light to build.

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