Key Points Zero new copper deposits were found last year, putting upward pressure on prices. In fact, it takes almost 18 years for a new copper deposit to reach the production point. 10 stocks we like better than Global X Funds - Global X Copper Miners ETF › Pair soaring demand with shrinking supply -- of any asset or commodity -- and what do you get? Higher prices. That's exactly what is happening to copper right now, and the supply-demand ratio is becoming even more unbalanced. According to S&P Global, 263 major copper deposits were discovered between 1990 and 2025. But the vast majority of those came in the 1990s, with new discoveries in the double digits in most years of that decade. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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