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Sprott Junior Copper Miners ETF surges 156% as AI data center demand may boost copper supply tightness.

Market News
14 May 2026
24/7 Wall Street
View Source
Bullish
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The Sprott Junior Copper Miners ETF (COPJ), focused on smaller copper exploration companies, gained 156% over the past year, reflecting market optimism about copper demand driven by AI data center expansion. Juniors offer high leverage to copper prices, which could rise significantly if hyperscaler capital expenditure continues through 2027, potentially pushing copper prices to $15,000-$18,000 per ton. However, risks include volatility, concentration in small firms, and dependency on sustained AI investment. COPJ suits investors seeking high-conviction exposure to copper's supply-demand dynamics, while more risk-averse investors might prefer larger producers via ETFs like COPX.

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