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Copper Prices Near Record Levels as Sulfur Shortage Bites

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Copper prices have surged above $14,000 per ton, approaching historic highs as a global sulfur shortage disrupts supply chains and intensifies pressure on an already tight market. The rally reflects a combination of geopolitical tensions, production setbacks, and rapidly growing demand from artificial intelligence and defense industries.

These underlying market conditions favor the long-term prospects of exploration companies like Numa Numa Resources Inc. as a lot more copper is going to be needed in the coming decades and yet existing…

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