Copper’s rally looks stretched but supply constraints still underpin prices
Grant Sporre, Global Head of Metals & Mining at Bloomberg Intelligence, shares insights into copper’s recent performance and a 2026 outlook for the sector.

Will joined Palladian Publications in September 2017 as an Editorial Assistant for LNG Industry, after graduating with a History degree from the University of Southampton.
Now the Editor for Global Mining Review and World Coal, he is enjoying learning about all things mining and following the industry’s transition to greener and more sustainable operations.
In his spare time, Will plays for a local basketball club and is a keen fan of the NBA and NFL, particularly the Los Angeles Lakers and Rams.
Grant Sporre, Global Head of Metals & Mining at Bloomberg Intelligence, shares insights into copper’s recent performance and a 2026 outlook for the sector.
Normet has launched the Scamec LC 065 A, a purpose-built scaling machine designed to deliver exceptional safety, visibility and productivity for underground operations.
The Peruvian government has stated that hosting the World Mining Congress (WMC) 2026 in Lima will represent a strategic milestone of great importance for both the country and the global mining industry, consolidating Peru as a key player on the international stage of the sector.
USA Rare Earth has announced its entry into a non-binding Letter of Intent with the US Government to accelerate its domestic heavy rare earth value chain.
Ausenco has mobilised its technical team to implement the Jervois project in São Paulo, taking on responsibility for the engineering, up to pre-commissioning, of the nickel and cobalt refinery.