Core Viewpoint - UBS anticipates an increase in copper prices into the next year due to tightening supply from ongoing mine disruptions and robust long-term demand driven by electrification and clean-energy investments [1] Supply Factors - Persistent disruptions in mining operations are contributing to a tighter supply of copper [1] Demand Factors - Strong long-term demand for copper is expected, primarily fueled by investments in electrification and clean energy [1]