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The Copper Cables Running The World

Copper Weekly Brief – Week of 6th March 2026

  Market overview Copper prices were volatile but ultimately firmed this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,900–13,050/t) by 4–6 March. From the January record high near US$14,500/t, prices…

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Copper Weekly Brief – 27th February 2026

Copper prices held near recent highs this week but eased slightly as traders weighed strong long‑term demand against softer short‑term signals from China and rising inventories. Prices Copper traded around…

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Copper Weekly Brief – 20 Feb 2026

Copper Weekly Brief – Week Ending 20 February 2026 Market overview Copper prices eased slightly this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,600–12,800/t) on 18–19 February after record highs…

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Everything’s Coming Up Copper

Not so long ago copper exploration seemed to be in the doldrums, but with the world facing severe shortfalls it seems the race is on to find more deposits. And…

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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 of 6th March 2026

  Market overview Copper prices were volatile but ultimately firmed this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,900–13,050/t) by…

Read More

Copper Weekly Brief – 27th February 2026

Copper prices held near recent highs this week but eased slightly as traders weighed strong long‑term demand against softer short‑term…

Read More

Copper Weekly Brief – 20 Feb 2026

Copper Weekly Brief – Week Ending 20 February 2026 Market overview Copper prices eased slightly this week, with benchmark contracts…

Read More

Everything’s Coming Up Copper

Not so long ago copper exploration seemed to be in the doldrums, but with the world facing severe shortfalls it…

Read More

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