Copper price forecast 2030 the trend line suggests accelerated

The trend line suggests accelerated growth beyond mid-decade if new mining projects lag approvals. Since it's been a strong week for Capstone Copper shareholders, let's have a look at trend of the longer term fundamentals. The recyclability of copper also appeals to the smart city agenda for sustainability, offering a circular material solution with lower environmental impact. With urbanization ongoing and cities increasingly prioritizing resilience and efficiency, the facilitation role of copper tubes in modern, high-performance infrastructure will be even more evident. Suppliers and manufacturers who can deliver the growing technical and environmental requirements will benefit from higher demand driven by these urbanization transformation trends in North America. Latest futures data indicates investors are increasing positions in copper contracts, following IMF and World Bank reports forecasting strong industrial demand. By 2030, copper price forecast models show a potential target of $12,800/ton, contingent on stable interest rate environments.