The 590,000-Ton Secret: Why The US Built A 30-Year Copper Fortress

Benzinga_recent_news

Feb 12

The U.S. isn't discovering copper — it's stockpiling it. Quietly, American warehouses have turned into a modern-day metal fortress, with 590,000 short tons of copper sitting in COMEX-approved storage...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2610637839"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2610637839\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2610637839?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/02/11/Macro-Image-Of-Copper-Bar.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-02-12 04:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2610637839","market":"hk","top_or_hot":-1,"title":"The 590,000-Ton Secret: Why The US Built A 30-Year Copper Fortress","media":"Benzinga_recent_news","content":"<div>\n<p>The U.S. isn't discovering copper — it's stockpiling it. \nQuietly, American warehouses have turned into a modern-day metal fortress, with 590,000 short tons of copper sitting in COMEX-approved storage...</p>\n\n<a href=\"https://www.benzinga.com/markets/commodities/26/02/50557399/590000-ton-secret-why-us-built-30-year-copper-fortress\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 590,000-Ton Secret: Why The US Built A 30-Year Copper Fortress</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 590,000-Ton Secret: Why The US Built A 30-Year Copper Fortress\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-12 04:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/commodities/26/02/50557399/590000-ton-secret-why-us-built-30-year-copper-fortress><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. isn't discovering copper — it's stockpiling it. \nQuietly, American warehouses have turned into a modern-day metal fortress, with 590,000 short tons of copper sitting in COMEX-approved storage...</p>\n\n<a href=\"https://www.benzinga.com/markets/commodities/26/02/50557399/590000-ton-secret-why-us-built-30-year-copper-fortress\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COPX","symbol_name":"铜矿ETF-Global X","start_time":0,"source_url":"https://www.benzinga.com/markets/commodities/26/02/50557399/590000-ton-secret-why-us-built-30-year-copper-fortress","article_id":"2610637839","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/02/11/Macro-Image-Of-Copper-Bar.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/commodities/26/02/50557399/590000-ton-secret-why-us-built-30-year-copper-fortress","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2610637839","pubTimestamp":1770840060,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"The U.S. now holds its biggest copper stockpile in 30 years — but it's a tariff-driven glut that may vanish just as AI demand explodes.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COPX":"铜矿ETF-Global X","CPXR":"USCF DAILY TARGET 2X COPPER INDEX ETF","BK4585":"ETF&股票定投概念","BK4535":"淡马锡持仓","XME":"金属与采矿指数ETF-SPDR","COPJ":"SPROTT JUNIOR COPPER MINERS ETF","CPER":"美国铜指数基金","BK4588":"碎股"},"translate_title":"59万吨的秘密：美国为何建造30年铜堡垒","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XME":0.78,"CPXR":0.78,"COPX":1.5,"COPJ":0.78,"CPER":0.9},"content_text":"The U.S. isn't discovering copper — it's stockpiling it. \nQuietly, American warehouses have turned into a modern-day metal fortress, with 590,000 short tons of copper sitting in COMEX-approved storage — the highest level in more than 30 years. \nThis isn't a mining miracle. It's a trade-war chess move.\n      • United States Copper Index Fund ETV shares are trending higher. What’s driving CPER shares up?\nCopper inventories have exploded nearly 300% in just 12 months, now exceeding the combined stocks of the LME and Shanghai exchanges, according to CME data and Goldman Sachs. \nThe reason is simple: traders are front-running potential U.S. tariffs of 15%–25% on refined copper by rushing metal across the border today to avoid taxes tomorrow. The result is a local glut in America — even as the rest of the world tightens.\nThis pile looks big, but it's a mirage in a structurally tight market. \nGoldman warns that once tariff uncertainty clears (likely mid-2026), much of this metal could flow back out, creating a short-term price dip. \nIn other words, the fortress could quickly become a fire sale.\nChamath Palihapitiya calls copper the top trade of 2026, arguing that AI alone could demand 50,000 tons per data center, while mine supply takes 20-plus years to scale. \nTo him, today's inventory is \"pennies\" next to a projected 130% jump in data-center power demand by 2030. \nTariffs, he says, could turn copper into a national-security asset — and prices \"absolutely parabolic.\"\nShort term: U.S. has a glut created by fear of tariffs.Long term: World faces a famine driven by AI and electrification.\nIf you trade copper, the fortress is a warning. \nIf you invest like Chamath, it's just a speed bump on the road to a structural shortage.\nPhoto: Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}