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The Copper Cables Running The World

Copper Weekly Brief — week ending 2 October 2026

  Copper: about US$14,370/t on COMEX, US$14,250/t on LME Copper ends the week near a two-week low. COMEX is about 3% lower on the week, and LME closed at US$14,253.50/t…

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Copper Weekly Brief – Week Ending 25 September 2026

  Market Overview Copper climbed back to record territory this week, then eased as the Federal Reserve outlook took over. The rebound followed a sharp mid-month correction. On 14 September,…

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New geological insights sharpen South Australia’s copper opportunity

  New geological insights from Geoscience Australia’s Delamerian Project have strengthened the case for South Australia as a major future source of copper, gold and critical minerals, highlighting the prospectivity…

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Copper Weekly Brief – Week Ending 18 September 2026 18 Sept 2026 ·

  Market Overview Copper spent the week consolidating below US$14,100/t after last Thursday’s sharp reversal from a record US$14,875/t (US$14.88/kg), as the market priced a growing probability that the US…

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October 22, 2025 · Clean Energy, General, Innovation

News of a new 345 km, $380B underwater electricity cable linking Australia’s mainland with Tasmania is just the latest in a booming submarine power market.

The Tasmanian project—or the Marinus Link—will help share renewable energy, but the high voltage cables which can can carry up to two gigawatts or more of electricity have been a force in the world’s power market for decades, one that is seeing explosive growth as the world electrifies.

As many as 161 strands of copper—the preferred material—form the core and are wrapped together in bundles of three before being encased in polyethylene insulation, jacketed in plastic and lead, and armoured with a metal sheath to help withstand the tough marine environment.

While the cables may be complex and expensive to make, and laying them in trenches up to 16 feet deep something of a logistical challenge, they offer the benefit of sharing power more directly between countries or entire continents in a single conduit that is also out of sight.

The technology isn’t new. The first underwater cable to carry electricity was laid in the early 1800’s, but the world’s first submarine HVDC Cable—Gotland 1—was installed in 1954 between the Swedish mainland and an island 94kms away. 

But underwater power cables have evolved since then to significantly increase boost their design, capacity and length. The world’s longest inter-connector is currently the 580km long cable between Norway and the Netherlands with a capacity of 700MW.

That may soon pale in comparison with Australia’s proposed undersea electricity project known as the Australia-Asia Power Link or Sun Cable. Despite some corporate upheavals plans to transmit solar power via a 4,300 km, high-voltage direct current submarine cable from the Northern Territory to Singapore by 2030 and Indonesia some time later remain in place. 

The world is already girded by hundreds of submarine cables, but projects are expected to soar given growing demand for electricity for data centres, electric vehicles and clean energy like offshore wind or solar. It may be out of sight, but copper is quietly fuelling a greener, smarter world. 

Global Submarine Cable Map: https://www.submarinecablemap.com/

Featured

Copper Weekly Brief — week ending 2 October 2026

  Copper: about US$14,370/t on COMEX, US$14,250/t on LME Copper ends the week near a two-week low. COMEX is about…

Read More

Copper Weekly Brief – Week Ending 25 September 2026

  Market Overview Copper climbed back to record territory this week, then eased as the Federal Reserve outlook took over.…

Read More

New geological insights sharpen South Australia’s copper opportunity

  New geological insights from Geoscience Australia’s Delamerian Project have strengthened the case for South Australia as a major future…

Read More

Copper Weekly Brief – Week Ending 18 September 2026 18 Sept 2026 ·

  Market Overview Copper spent the week consolidating below US$14,100/t after last Thursday’s sharp reversal from a record US$14,875/t (US$14.88/kg),…

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