$GLNCY

Copper prices strengthen amid surging demand from electrification, AI infrastructure, and renewables. Supply constraints from mining challenges support elevated valuations despite current high inventories.

Global zinc market projected to nearly double from $26.95B in 2025 to $44.73B by 2033, driven by construction, automotive, and battery technology demand.

Global precious metals market projected to nearly double to $1.15 trillion by 2035, driven by expanding industrial applications in automotive, electronics, and renewable energy sectors.

Global cobalt demand expected to surge 54% by 2031, driven by EV battery manufacturing, aerospace, and 5G infrastructure growth.

U.S. copper constraint shifts from mining to processing capacity. Smelting and refining lag behind production, limiting supply chain despite strong mining output and elevated prices.

BHP and Wheaton finalize $4.3B silver streaming deal on Antamina output. BHP receives upfront payment while retaining copper/zinc/lead exposure; Wheaton gains silver production rights.

Hot Chili raises A$40M to advance its Chilean copper-gold Costa Fuego project, with backing from major investors including Glencore. Funds will support environmental assessments and La Verde integration.