With copper, the danger is more toward the downside

MINING.COM's Frik Els says 2025 is already shaping up to be another wild ride for the red metal.

Zambia wants to raise copper output to about 1 million tons by 2026 and further out to 3 million tons.

The country's development agency is offering $3-$4m over three years for studies on extracting cobalt and rare earths from tailings.

Canada’s largest diversified miner reported a 50% increase in annual copper production for 2024, reaching 446,000 tonnes.