Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTCharley BlaineFri, July 24, 2026 at 12:11 AM GMT+2 4 min readThese are good times for copper producers.Demand for their product is decidedly robust, particularly for copper coil or copper plate or the ultra-pure copper broken up literally into atoms to make tiny, high-speed computer chips. Or all the wiring and related equipment used in data centers.Copper is trading at $6.32 per pound in New York and $13,895 per ton in London, a bit below all-time highs reached in May. The price is up more than 700%, whether in New York or London, since the end of 1999, Macrotrends noted.Freeport-McMoRan second-quarter results better than expectedFreeport-McMoRan (FCX), the biggest U.S.-based copper miner, reported a 28% profit gain in the second quarter on July 23, despite a 7.3% decline in revenue,