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Copper stocks rocket as traders push prices above $US10,000

Alex Gluyas

Copper stocks are rocketing on the ASX after the metal’s price climbed back above $US10,000 a tonne in London as traders rushed to ship the commodity into the US ahead of potential tariffs, intensifying concerns about a supply shortage.

The rally in the copper price has accelerated over the past week, sending ASX-listed miners soaring. Sandfire Resources and Mac Copper have jumped more than 10 per cent over the past seven days and Capstone Copper has surged 18 per cent.

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Alex Gluyas is deputy markets editor and a reporter based in our Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com

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    Original URL: https://www.afr.com/markets/commodities/copper-stocks-rocket-as-traders-push-prices-above-us10-000-20250320-p5ll4g