Freeport's Copper Mine Disruption Sparks Market Concerns
Originally Published 3 months ago — by Barron's
The Freeport Grasberg mine accident has temporarily impacted copper supply, shifting the 2025 global copper balance from a surplus to a deficit, which could support higher copper prices. Despite market volatility, Wall Street favors diversified miner Glencore as the preferred copper stock, with overall positive demand driven by electric vehicles and AI data centers, though near-term prices may dip slightly before potentially rising again.