Topic
Metals and Minerals
Copper, aluminium, nickel, iron ore and the precious metals, and the mines, smelters and export rules behind their prices.
- Copper is a record in real terms. Most base metals are notMarkets
Copper averaged $14,474 a tonne in September 2026, a World Bank record from 1960 and a real one on our deflation. It gave 65% of base metals' 12-month rise.
