Copper miners soar in 2025 as red metal rallies

Copper miners set to end year on a high note, tracking 42% gain in prices of the red metal

Supply concerns stemming from mine disruptions, weakness in the U.S. dollar and buying by speculators anticipating surging AI demand drive copper rally

Global mining giants: Rio Tinto RIO.N up ~37% YTD, BHP Group BHP.N up ~25% YTD

Canadian miner Hudbay Minerals HBM.TO, HBM.N posts strongest gains among copper miners, advancing 134% YTD

Ero Copper ERO.TO, ERO.N climbs ~103%, while US miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N gain 65.4% and 35% YTD, respectively

Canadian miner Teck Resources TECKb.TO, TECK.N advances 12.6% YTD; co set to merge with London-listed Anglo American AAL.L in a $53 billion deal

Goldman Sachs forecasts 2026 copper price of $11,400 per metric ton; says copper is its "favorite" industrial metal