On August 8, BHP Billiton rose 3.05% in regular trading, trading at $90.57/share, with turnover of $158 million. The rally was driven by copper futures prices breaking through historic highs, with New York copper futures surging to $6.703 per pound, setting a new all-time record.

The copper price surge reflects growing demand expectations tied to global AI data center infrastructure buildout. Chile, the world's largest copper producer, has announced plans to invest approximately $100 billion in copper mining over the next decade to meet data center demand. BHP Billiton has been aggressively expanding its copper exposure, recently striking a joint exploration agreement with Kobrea Exploration for copper projects in Argentina's Western Malargue region, committing an initial $3 million cash payment and at least $5 million in exploration expenditures over two years. The company also secured first-stage environmental approval for its Escondida copper mine expansion in Chile, with total investment expected between $10.7 billion and $14.7 billion over the coming years.

Within the Diversified Metals & Mining sector, among individual stocks, MP Materials Corp. up 11.3%, USA Rare Earth Inc. up 12.35%, Rio Tinto PLC up 1.81%, Teck Resources Ltd up 1.03%, HudBay Minerals up 4.67%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)