Gold ₹15,465.27/g ▲ +0.00% Silver ₹236.54/g ▲ +0.00% Platinum ₹5,373.41/g ▲ +0.00% Palladium ₹4,043.13/g ▲ +0.00% Rhodium ₹24,633.32/g ▲ +0.00% Copper ₹1,267.24/kg ▲ +0.00% Aluminium ₹282.47/kg ▲ +0.00% Cobalt ₹4,900.93/kg ▲ +0.00% Gallium ₹23,434.80/kg ▲ +0.00% Indium ₹71,014.54/kg ▲ +0.00% Iron Ore ₹8.29/kg ▲ +0.00% Lead ₹165.04/kg ▲ +0.00% Lithium ₹1,956.13/kg ▲ +0.00% Molybdenum ₹7,973.00/kg ▲ +0.00% Nickel ₹1,460.35/kg ▲ +0.10% Neodymium ₹12,330.69/kg ▲ +0.00% Tin ₹4,862.97/kg ▲ +0.00% Tellurium ₹10,393.95/kg ▲ +0.00% Uranium ₹16,622.65/kg ▲ +0.00% Zinc ₹327.11/kg ▲ +0.00% Crude Oil (Brent) ₹8,456.42/bbl ▲ +0.00% Crude Oil (WTI) ₹7,870.56/bbl ▲ +0.01% Gasoline ₹303.61/gal ▲ +0.00% Natural Gas ₹259.87/MMBtu ▲ +0.00%

Industry

Electric Vehicle Manufacturing

The industry building battery-electric and hybrid vehicles, which use roughly four times more copper per vehicle than a comparable internal-combustion model for wiring, motors and battery systems.

Covered in 1 MetalsCost.com News Intelligence article, most recently on August 9, 2026.

Coverage

Freeport-McMoRan Beats Q2 Earnings Estimates as Copper's Record Rally Fuels Analyst Upgrades

EVs require roughly four times the copper of a comparable combustion vehicle, so elevated and rising copper prices add directly to vehicle production costs.

Bullish · 6 days ago