Copper climbs to highest in 10 years as global recovery powers metals

Copper, a bellwether for the global economy, rose as much as 2.4% to $9,780 per tonne in London

Copper climbed to the highest in almost a decade as the global recovery from the pandemic extended a rally in metals markets.
 
Aluminum is surging and iron ore jumped to a fresh high as commodities advance toward the highs of the last supercycle. Metals are benefiting as the world’s largest economies announce stimulus programs and climate pledges as they rebuild from the coronavirus shock.
 
The US recovery is accelerating and President Joe Biden’s $2.25 trillion infrastructure plan will highlight sectors like electric cars, driving further gains in commodities critical to the green-energy transition. That’s coming alongside a continued