Copper, a key metal for electronics and clean‑energy gear, has jumped about 41% in 2025, taking the LME price close to $12,300 a ton. The surge has sent Hindustan Copper’s shares soaring more than double from September lows.
Why Copper Prices Are Soaring
The rally is driven by three main factors:
- Supply worries: Accidents and shutdowns at major African mines have tightened global supply.
- Demand from green transition: Electric vehicles, renewable‑energy projects and AI‑driven technologies need a lot of copper.
- Currency effects: A weaker US dollar makes copper cheaper for buyers using other currencies.
Impact on Hindustan Copper
Hindustan Copper, which holds about 40% of India’s copper reserves, has seen its share price rise 9% on December 26, reaching ₹475.60 – a level not seen since 2010. From a September low of ₹226.70, the stock is up more than 110%.
- Higher copper prices improve the company’s profit margins.
- Recent strong quarterly results and expansion plans have boosted investor confidence.
- The firm renewed a 20‑year lease on the Rakha mine and signed an MoU with Oil India to explore critical minerals.
Future Outlook for Copper
Analysts expect the price rally to continue into next year. Citigroup predicts LME copper could reach $13,000 a ton, while Goldman Sachs has labeled copper as its top metal pick for the coming year.
What Retail Investors Should Watch
- Monitor global supply disruptions, especially in Africa.
- Watch policy moves in the US and EU that could affect tariffs or demand.
- Follow Hindustan Copper’s expansion projects – the goal is to lift mining capacity from 4 Mt to 9.6 Mt per year.
Remember, this is perspective, not a prediction. Do your own research and consider consulting a certified financial advisor before making any investment decisions.