Key Takeaways Copper prices hit a record $5.96/lb in July and are up 35.8% this year on strong U.S. and China demand.Supply fears from mine disruptions and slow project timelines are fueling expectations for higher prices.SCCO, TECK and BHP are positioned to benefit as the energy transition trend drive long-term copper demand.Copper prices have lately demonstrated renewed momentum and are heading into 2026 with stronger price expectations, supported by tightening global supply, lingering uncertainty around ...