From Yahoo Finance: 2025-04-05 11:25:00

The U.S. copper future saw a 26% increase, reaching $5.02 per pound by the end of March 2025, surpassing global prices and setting unprecedented records due to recent tariff implementations by the U.S. administration. The average tariff rate has risen to 23%, the highest in over a century, marking a significant shift in the U.S.’s approach to global trade.

Tariffs on imports have led to a notable rise in physical deliveries of copper in the U.S. before new tax rates take effect. This surge in imports has caused domestic copper prices to increase, benefiting income-seeking investors in the market looking towards the long-term demand for copper, which is expected to grow by 70% by 2050.

MAC Copper Limited (NYSE:MTAL) stands out as a strong player in the copper market, with record production in the fourth quarter of 2024 and an anticipated increase in copper production to over 50,000 tons by 2026. Despite low institutional exposure, MTAL offers substantial upside potential of 65.90%, making it an attractive investment option.

While MTAL ranks 2nd on the list of best copper stocks to buy according to Wall Street analysts, the potential for AI stocks to deliver higher returns in a shorter time frame is also recognized. An AI stock that has shown promise since the beginning of 2025, while popular AI stocks have seen losses, may be a more appealing investment opportunity for those seeking significant growth.



Read more at Yahoo Finance: Is MAC Copper Limited (MTAL) the Best Copper Stock to Buy According to Wall Street Analysts?