Bin Laden Met Saddam’s Envoy, Linking 9/11 to Iraq Invasion

Saddam Hussein convenes with members of his regime in Iraq. (Getty Images)
Saddam Hussein convenes with members of his regime in Iraq. (Getty Images)
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Bin Laden Met Saddam’s Envoy, Linking 9/11 to Iraq Invasion

Saddam Hussein convenes with members of his regime in Iraq. (Getty Images)
Saddam Hussein convenes with members of his regime in Iraq. (Getty Images)

What’s the most dangerous mission someone could take on? A meeting between Saddam Hussein’s envoy and Osama bin Laden in Sudan. US intelligence under President George W. Bush soon found out about it.

This meeting became a key justification used by Washington to invade Iraq, taking advantage of the post-9/11 atmosphere in the US after al-Qaeda, led by bin Laden, attacked New York and Washington on September 11, 2001.

In truth, there was no reason for bin Laden to influence Saddam Hussein’s future. The two men came from very different worlds. Saddam was the president of a major country in the region, not a faction leader.

He belonged to a secular party, choosing a Christian, Tariq Aziz, as foreign minister—a rare decision in the Middle East. Saddam also wasn’t known for playing along in decisions where he wasn’t in control.

But the decision to meet in Khartoum still cost Saddam, even though the meeting was a failure. A former Iraqi intelligence officer said US forces later seized a document showing that the Iraqi envoy advised against working with bin Laden, advice that was followed.

The 1990s in Sudan were extremely risky. During this time, President Omar al-Bashir’s regime made three major blunders: hosting al-Qaeda leader Osama bin Laden, sheltering international fugitive Carlos the Jackal, and involving Ali Osman Taha, the regime’s second-in-command, in an assassination attempt on Egypt’s President Hosni Mubarak in Addis Ababa.

A rare photo shows Omar al-Bashir and Osama bin Laden in Sudan.

Bin Laden didn’t dwell much on the events in Khartoum in August 1994, when French commandos arrested Carlos and took him to France, where he still sits in prison.

Moreover, the al-Qaeda leader couldn’t foresee Sudan’s regime forcing him out of the country.

The regime, however, had no option but to reduce the risks. Bashir dismissed top security officials and decided to expel the “Arab Afghans.”

One day, Bashir and his deputy informed Hassan al-Turabi that bin Laden’s departure had been arranged. They then visited bin Laden, and a military plane flew him to Afghanistan.

The Taliban then gave bin Laden a safe haven, though Mullah Omar never imagined this would lead to his regime's downfall. In the late 1990s, questions about bin Laden were common when speaking with Sudanese officials.

In an interview, Bashir said that bin Laden came to Sudan after the Afghan war to invest in roads, airports, and agriculture—industries his family had been involved in for a long time.

According to Bashir’s statements, bin Laden didn’t have followers or networks in Sudan, just a small group of close aides who stayed out of the public eye.

But the US had made him a global threat, seeing him everywhere, even after he left Sudan, despite knowing he lived in isolation in a distant country.

While Bashir downplayed it, he had met bin Laden several times during his stay in Khartoum, and it's unlikely he was unaware of the ties between bin Laden and Sudanese security officials.

Sudanese politician Hassan al-Turabi reaffirmed Bashir’s claims of bin Laden having been building roads and airports.

“He wasn’t involved in public or intellectual circles and stayed out of the media. We talked about Afghanistan, and I shared our concerns that after the Soviets left, the fighters would be skilled in destruction but not in building a stable society, much like the French Revolution,” said al-Turabi at the time.

“I told him (bin Laden) Kabul fell before they were ready to establish a Muslim society as they envisioned,” added al-Turabi.

When asked who pushed for Osama bin Laden’s exit from Sudan, he said: “It was the British, acting on behalf of the Americans.”

“Saudi Arabia didn’t apply direct pressure—they’re always polite. Bin Laden felt his presence was straining relations between Sudan and Saudi Arabia, which have very close ties. With about half a million Sudanese working in Saudi Arabia, none were expelled. Bin Laden didn’t want to harm that relationship,” he explained.

Bin Laden returned to Afghanistan, entering a dangerous new phase. Soon after, the Taliban took over and welcomed him. Within two years, bombings at US embassies in Kenya and Tanzania led Washington to blame bin Laden.

Osama bin Laden’s home in Sudan. (Asharq Al-Awsat file)

The accusation was repeated after the attack on the USS Cole in Aden. Bin Laden made statements suggesting he was at war with the US, but no one expected him to bring the fight to American soil on September 11, 2001.

When President Bush justified the Iraq invasion, he listed allegations against Saddam, including weapons of mass destruction, repression, and mass graves.

The most controversial claim was that Saddam’s regime was cooperating with al-Qaeda. However, the US administration did not provide evidence for this claim, and no concrete proof of a connection between Saddam and al-Qaeda was presented.

Curiosity about the contact between Saddam and bin Laden had journalists setting out to find more information.

While answers couldn’t be obtained from Saddam’s opponents or his former colleagues, insights from Iraqi intelligence were available.

Salim al-Jumaili, head of the American Affairs Division in Iraqi intelligence, who was involved in the initial outreach to bin Laden, agreed to talk.

Before the Iraqi invasion of Kuwait, Iraq and Saudi Arabia had a good relationship, marked by a security agreement that limited interference and intelligence activities.

Saddam praised Saudi Arabia and King Fahd for their support during the Iran-Iraq War. According to a former Iraqi official, King Fahd tried hard to resolve the situation and return to negotiations after the invasion, but Saddam had gone too far.

The invasion led to the collapse of the security agreement. As news spread about Iraqi opposition groups contacting Saudi Arabia, Iraqi intelligence suggested canceling the agreement, but Saddam refused.

When reports about these contacts continued, Saddam demanded monthly updates.

Eventually, he believed Saudi Arabia was backing efforts to overthrow him and ordered intelligence to “act strongly to undermine the American military presence in Saudi Arabia.”

“When the president issues such an order, all security agencies must try to fulfill it. At that time, I managed the Syria division and had connections with the Syrian Muslim Brotherhood, specifically Adnan Okla’s group,” said al-Jumaili.

“Adnan’s brother, Abdul Malik, told us that the Brotherhood had links with bin Laden and could deliver our message. I met Abdul Malik in Baghdad, and he agreed to help. I gave him a message saying we shared a goal of removing US forces from the region and were open to cooperation. We provided about $10,000 for travel expenses,” he revealed.

“The contact returned after a month or so and reported that bin Laden’s stance was very rigid. Bin Laden said the Iraqi regime was infidel and responsible for the presence of US forces in the region, and he was not interested in meeting or cooperating with us. This was in the early 1990s, before al-Qaeda’s actions escalated to the level of September 11.”

“I also heard from Farouk Hijazi, head of external operations, that bin Laden gave a similar response through another channel,” added al-Jumaili.

Al-Jumaili later discovered that Farouk Hijazi had visited Khartoum and met with bin Laden, arranged by al-Turabi.

“Hijazi informed the president that no cooperation with al-Qaeda took place. This is what Bush referred to when he mentioned the president sending an envoy to bin Laden. Bush likely knew there was no real cooperation but didn't mention it to justify the invasion,” al-Jumaili said.

Hassan al-Turabi. (AFP)

Another source, who requested anonymity, said bin Laden showed some flexibility regarding the Iraqi regime during his meeting with Hijazi.

Bin Laden “requested that if there were to be any cooperation, his camps be set up outside Iraqi control and that he have freedom in choosing targets and timing.”

Saddam, after learning of this, was told by Hijazi that cooperating with bin Laden would be complex and risky. Saddam then decided to end the matter entirely.

The consequences of that risky meeting are clear.

Saddam was executed, and Hijazi, who had fled to Syria, was captured at the Syrian-Iraqi border and also executed. Years later, US forces tracked down and killed bin Laden in Pakistan.

Cities sometimes take dangerous risks beyond their means and end up facing harsh realities.

Khartoum paid the price for harboring wanted figures and was punished before it could address the damage.

Some believe that under Bashir, Khartoum aimed to become a center of anti-Western activity, while al-Turabi wanted it to be a hub for political Islam, like Khomeini’s Iran. Both men pushed Sudan beyond its limits.



What Lies Ahead for Ukraine’s Contested Zaporizhzhia Nuclear Power Plant?

A Russian service member stands guard at a checkpoint near the Zaporizhzhia Nuclear Power Plant before the arrival of the International Atomic Energy Agency (IAEA) expert mission in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, June 15, 2023. (Reuters)
A Russian service member stands guard at a checkpoint near the Zaporizhzhia Nuclear Power Plant before the arrival of the International Atomic Energy Agency (IAEA) expert mission in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, June 15, 2023. (Reuters)
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What Lies Ahead for Ukraine’s Contested Zaporizhzhia Nuclear Power Plant?

A Russian service member stands guard at a checkpoint near the Zaporizhzhia Nuclear Power Plant before the arrival of the International Atomic Energy Agency (IAEA) expert mission in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, June 15, 2023. (Reuters)
A Russian service member stands guard at a checkpoint near the Zaporizhzhia Nuclear Power Plant before the arrival of the International Atomic Energy Agency (IAEA) expert mission in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, June 15, 2023. (Reuters)

The Zaporizhzhia nuclear power plant, Europe's largest, is one of the main sticking points in US President Donald Trump's peace plan to end the nearly four-year war between Russia and Ukraine. The issue is one of 20 points laid out by Ukrainian President Volodymyr Zelenskiy in a framework peace proposal.

Here are some of the issues regarding the facility:

WHAT ROLE MAY THE US PLAY?

Russia took control of the plant in March 2022 and announced plans to connect it to its power grid. Almost all countries consider that it belongs to Ukraine but Russia says it is owned by Russia and a unit of Russia's state-owned Rosatom nuclear corporation runs the plant.

Zelenskiy stated at the end of December that the US side had proposed joint trilateral operation of the nuclear power plant with an American chief manager.

Zelenskiy said the Ukrainian proposal envisages Ukrainian-American use of the plant, with the US itself determining how to use 50% of the energy produced.

Russia has considered joint Russian-US use of the plant, according to the Kommersant newspaper.

WHAT IS ITS CURRENT STATUS?

The plant is located in Enerhodar on the banks ‌of the Dnipro River and ‌the Kakhovka Reservoir, 550 km (342 miles) southeast of the capital Kyiv.

The Zaporizhzhia nuclear power plant has ‌six ⁠Soviet-designed reactors. They were ‌all built in the 1980s, although the sixth only came online in the mid-1990s after the collapse of the Soviet Union. It has a total capacity of 5.7 gigawatts, according to an International Atomic Energy Agency (IAEA) database.

Four of the six reactors no longer use Russian nuclear fuel, having switched to fuel produced by then-US nuclear equipment supplier Westinghouse.

After Russia took control of the station, it shut down five of its six reactors and the last reactor ceased to produce electricity in September 2022. Rosatom said in 2025 that it was ready to return the US fuel to the United States.

According to the Russian management of the plant, all six reactors are in "cold shutdown."

Both Russia and Ukraine have accused each other of striking the nuclear plant and of severing power lines to the plant.

The plant's equipment is powered by ⁠electricity supplied from Ukraine. Over the past four years these supplies have been interrupted at least eleven times due to breaks in power lines, forcing the plant to switch to emergency diesel generators.

Emergency generators ‌on site can supply electricity to keep the reactors cool if external power lines are cut.

IAEA ‍Director General Rafael Grossi says that fighting a war around a nuclear ‍plant has put nuclear safety and security in constant jeopardy.

WHY DOES RUSSIA WANT ZAPORIZHZHIA PLANT?

Russia has been preparing to restart the station but ‍says that doing so will depend on the situation in the area. Rosatom chief Alexei Likhachev has not ruled out the supply of electricity produced there to parts of Ukraine.

Oleksandr Kharchenko, director of the Energy Research Center in Kyiv, said Moscow intended to use the plant to cover a significant energy deficit in Russia's south.

"That's why they are fighting so hard for this station," he said.

In December 2025, Russia's Federal Service for Environmental, Technological and Nuclear Supervision issued a license for the operation of reactor No. 1, a key step towards restarting the reactor.

Ukraine's energy ministry called the move illegal and irresponsible, risking a nuclear accident.

WHY DOES UKRAINE NEED THE PLANT?

Russia has been pummeling Ukraine's energy infrastructure for months and some areas have had blackouts during winter.

In recent ⁠months, Russia has sharply increased both the scale and intensity of its attacks on Ukraine's energy sector, plunging entire regions into darkness.

Analysts say Ukraine's generation capacity deficit is about 4 gigawatts, or the equivalent of four Zaporizhzhia reactors.

Kharchenko says it would take Ukraine five to seven years to build the generating capacity to compensate for the loss of the Zaporizhzhia plant.

Kharchenko said that if Kyiv regained control of the plant, it would take at least two to three years to understand what condition it was in and another three years to restore the equipment and return it to full operations.

Both Ukrainian state nuclear operator Energoatom and Kharchenko said that Ukraine did not know the real condition of the nuclear power plant today.

WHAT ABOUT COOLING FUEL AT THE PLANT?

In the long term, there is the unresolved problem of the lack of water resources to cool the reactors after the vast Kakhovka hydro-electric dam was blown up in 2023, destroying the reservoir that supplied water to the plant.

Besides the reactors, there are also spent fuel pools at each reactor site used to cool down used nuclear fuel. Without water supply to the pools, the water evaporates and the temperatures increase, risking fire.

An emission of hydrogen from a spent fuel pool caused an explosion in Japan's Fukushima nuclear disaster in ‌2011.

Energoatom said the level of the Zaporizhzhia power plant cooling pond had dropped by more than 15%, or 3 meters, since the destruction of the dam, and continued to fall.

Ukrainian officials previously said the available water reserves may be sufficient to operate one or, at most, two nuclear reactors.


Egypt, Trump Reaffirm Strategic Alliance in 2025 amid Regional Turmoil

Egyptian President Abdel Fattah al-Sisi meets President Donald Trump ahead of a world leaders' summit on ending the Gaza war, in Sharm el-Sheikh, Egypt, October 13, 2025. (Reuters)
Egyptian President Abdel Fattah al-Sisi meets President Donald Trump ahead of a world leaders' summit on ending the Gaza war, in Sharm el-Sheikh, Egypt, October 13, 2025. (Reuters)
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Egypt, Trump Reaffirm Strategic Alliance in 2025 amid Regional Turmoil

Egyptian President Abdel Fattah al-Sisi meets President Donald Trump ahead of a world leaders' summit on ending the Gaza war, in Sharm el-Sheikh, Egypt, October 13, 2025. (Reuters)
Egyptian President Abdel Fattah al-Sisi meets President Donald Trump ahead of a world leaders' summit on ending the Gaza war, in Sharm el-Sheikh, Egypt, October 13, 2025. (Reuters)

After months of speculation over the trajectory of Egyptian-US relations, fueled by persistent talk of strain and an impending rift, a high-level meeting between President Donald Trump and President Abdel Fattah al-Sisi in Sharm el-Sheikh reaffirmed the resilience of the strategic alliance between Cairo and Washington, even as the region remains in turmoil.

The meeting followed a turbulent period marked by Trump’s adoption of a proposal to relocate Gaza’s population, an idea firmly rejected by Sisi and one that prompted warnings of a diplomatic crisis between the two longtime allies.

The subsequent signing of a Gaza peace agreement in Sharm el-Sheikh sent a clear signal that, despite sharp disagreements over policy, the foundations of the bilateral relationship remain intact.

Early in Trump’s second term, media reports said Sisi had scrapped plans to visit Washington. As the year draws to a close, speculation has said that the visit may happen. Trump has acknowledged Sisi as a friend and said he would be happy to meet him as well.

Trump’s election victory late last year raised Egyptian hopes of strengthening the strategic partnership. Sisi voiced that expectation in a congratulatory post on X, stating that he looked forward to working together with Trump to achieve peace, preserve regional peace and stability, and strengthen the strategic partnership.

Those hopes were tested when Trump floated a plan to “clean out Gaza” and relocate its residents to Egypt and Jordan. Cairo rejected the idea outright, mobilized international opposition, unveiled an alternative plan for Gaza’s reconstruction and hosted an emergency summit on the issue in March.

Limited public engagement

David Butter, a research fellow in the Middle East and North Africa program at Chatham House, noted that the striking feature of Egypt-US ties over the past year has been their low public profile.

Aside from Trump’s appearance in Sharm el-Sheikh, there was not much happening in the open, he told Asharq Al-Awsat.

Amr Hamzawy, an Egyptian political scientist and director of the Middle East program at the Carnegie Endowment for International Peace, described the first year of Trump’s second term as difficult for bilateral relations.

He said it began with talk of displacement and a “Middle East Riviera” in Gaza, but Egyptian diplomacy succeeded in shifting the trajectory.

Trump’s peace plan, he said, ultimately signaled rejection of displacement and spoke of security and political tracks for Gaza and a broader political process for the Palestinian issue, though details remain unclear.

Hamzawy added that the year opened from a tough starting point that followed what he called President Joe Biden’s hesitant stance on Gaza, when displacement was first discussed.

After nearly a year of Egyptian political and diplomatic effort, he said, displacement dropped from Washington’s agenda, even if it remains a risk that cannot be ignored.

Historically, Egypt has been a pivotal state for US national security, given its geography, demographic weight and diplomatic role, according to a recent report by the Congressional Research Service.

Gaza, the main test

The Gaza war shaped Egyptian-US relations during Trump’s first year back in office. Washington backed Egyptian-Qatari mediation to halt the war. US Secretary of State Marco Rubio thanked Cairo after a truce was reached between Israel and Hamas in January.

When hostilities resumed, however, Egypt faced complex diplomatic choices with both Washington and Israel. It rejected Trump’s call to resettle Gaza’s population, while its reconstruction plan failed to gain US or Israeli acceptance.

Cairo also drew criticism from Trump for declining to join US strikes against Yemen’s Houthis, the Congressional Research Service (CRS) revealed.

Butter noted that ties with the Trump administration were strained over Gaza after Sisi canceled a Washington visit early in the year, following Trump’s “Middle East Riviera” remarks, which left contacts at a minimum.

He said Trump’s Sharm el-Sheikh visit, the signing of the Gaza agreement and the celebration of his plan’s success offered a chance to reset relations. Egypt, he added, has become indispensable to Trump’s administration in Gaza.

Hamzawy said Gaza dominated the first year of Trump’s term, giving Egypt a chance to restore its standing with US and European decision-makers as a key mediator. Cairo put its vision on the table, he said, shifting US thinking toward parallel security and political tracks and from talk of disarmament to limiting weapons.

Throughout the year, Egypt publicly counted on Trump to end the Gaza war. In July, Sisi urged him in a televised address to press for a halt, saying Trump was capable of doing so.

Analysts Daniel Byman and Jon Alterman wrote in Foreign Policy that Egypt is indispensable to international responses to the Gaza war, even if it remains a difficult partner for Washington and Israel. The conflict, they said, restored diplomatic focus on Egypt and strengthened its leverage.

Sara Kira, director of the European North African Center for Research, said relations in Trump’s second term differ from his first. The earlier term saw broad alignment and personal warmth from Trump, particularly on counterterrorism, she said. The second term has been marked by divergence.

That surfaced in April when Trump called for free passage for US commercial and military vessels through the Suez Canal in exchange for US efforts to protect the waterway.

Positive signals despite differences

Despite disagreements over Gaza, there were positive signs elsewhere. Early in the year, the US State Department froze new funding for most aid programs worldwide, exempting humanitarian food programs and military aid to Israel and Egypt.

Washington did not include Egypt on a travel ban list issued in June. Trump said Egypt was a country with which the United States dealt closely and that things there were under control. Egypt was also spared higher US tariffs. Cairo has repeatedly stressed the depth and resilience of the strategic relationship.

Kira said Egypt exerted maximum pressure to achieve peace and stop the Gaza war, eventually convincing Washington of its approach and reaching a peace agreement in Sharm el-Sheikh. She said Egypt acted pragmatically and astutely, reading Trump’s personality and US interests.

As talks on the second phase of the Gaza agreement stall, Egypt continues to rely on the Trump administration to advance its plan. Cairo remains in contact with Washington and is working with it to prepare a donor conference for Gaza’s reconstruction, which has yet to receive sufficient momentum from the Trump administration.

The dialogue extends beyond Gaza to Libya, Sudan, Lebanon and Iran, as well as water security, led by Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), which Egypt fears could affect its Nile water share.

GERD

In mid-June, Trump stirred controversy in Egypt when he wrote on Truth Social that the United States had “stupidly” funded the dam Ethiopia built on the Blue Nile, triggering a severe diplomatic crisis with Egypt.

In August, the White House released a list of Trump’s foreign policy achievements, which included a purported agreement between Egypt and Ethiopia over the dam.

Trump has repeatedly spoken of his administration’s efforts to resolve the dispute, but those claims have yet to translate into concrete action.

Hamzawy said there is an opportunity for Washington to mediate and revive an agreement reached near the end of Trump’s first term.

Charles Dunne of the Arab Center Washington DC wrote recently that Trump’s stance may please Cairo but could also produce adverse outcomes if Washington does not assume a mediation role.

The United States hosted talks with the World Bank in 2020 during Trump’s first term, but they failed after Ethiopia refused to sign the draft agreement.

Military ties endure

Military cooperation continued largely as usual. Since 1946, the United States has provided Egypt with about $90 billion in aid, with a sharp increase after 1979, which successive administrations have framed as an investment in regional stability, according to the CRS.

For more than a decade, Congress has imposed human rights conditions on part of Egypt’s aid.

Between fiscal years 2020 and 2023, the Biden administration and Congress withheld approximately $750 million in military funding. Trump’s technical annex to the proposed fiscal 2026 budget seeks $1.3 billion in military assistance for Egypt without conditions, the CRS said.

Hamzawy said the administration is far from imposing conditionality, noting that relations rest on mutual interests between a major power and a positively influential middle power.

Since the Gaza war, the Biden and Trump administrations have accelerated US arms sales to Egypt. The State Department notified Congress of military sales totaling $7.3 billion. In July, the Pentagon announced that the State Department had approved the sale of an advanced air defense missile system to Egypt, valued at approximately $4.67 billion. Egypt also hosted the Bright Star military exercises in September.

Kira said ties with Washington are driven by interests and that Cairo has positioned itself as a core regional player.

Hamzawy said Egypt occupies a central place in US Middle East thinking, as Washington needs a spectrum of allies, with Egypt at the heart of that network.


Why Metal Prices are Soaring to Record Highs

A salesman displays gold chains at an Indian jewelry store in September. Idrees MOHAMMED / AFP
A salesman displays gold chains at an Indian jewelry store in September. Idrees MOHAMMED / AFP
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Why Metal Prices are Soaring to Record Highs

A salesman displays gold chains at an Indian jewelry store in September. Idrees MOHAMMED / AFP
A salesman displays gold chains at an Indian jewelry store in September. Idrees MOHAMMED / AFP

Precious and industrial metals are surging to record highs as the year ends, driven by economic and geopolitical uncertainty, robust industrial demand and, in some cases, tight supply.

Below AFP examines the reasons for the surge in demand.

- Safe havens -

Gold and silver are traditionally seen as safe-haven assets, and demand has soared amid mounting geopolitical tensions, from US President Donald Trump's tariffs onslaught to wars in Ukraine and Gaza, as well as recent pressure by Washington on Caracas.

Investors are also uneasy about rising public debt in major economies and the risk of a bubble in the artificial intelligence sector.

These uncertainties are driving up gold and silver, with other metals now starting to see the impact as investors seek to diversify their portfolios, explained John Plassard, an analyst at Cite Gestion Private Bank.

"Metal is once again becoming insurance rather than just a speculative asset," he told AFP.

- A weak dollar -

Traditional safe havens like the dollar and US Treasuries have become less attractive this year.

Uncertainty around Trump's presidency and the prospect of further Federal Reserve interest rate cuts, have weakened the dollar, reducing its appeal to investors.

As a result, many investors are turning to gold and silver.

Gold has climbed more than 70 percent this year and passed $4,500 an ounce for the first time on Wednesday, while silver reached a record high of $72 an ounce, with prices up about 2.5 times since January.

A weak dollar is also boosting industrial metals, since commodities priced in dollars become cheaper for buyers when the currency falls.

- Fresh demand -

Industrial demand has surged in recent months, driven by the rise of artificial intelligence and the energy transition.

Copper, used for solar panels, wind turbines, electric vehicle batteries and data centers, has seen strong gains as a result.

Prices hit a record on Wednesday, topping $12,000 a ton, helped further by China, the world's largest copper consumer, announcing new measures to boost demand.

Aluminium, a cheaper alternative to copper, and silver are also benefiting from the AI boom and the shift to renewable energy.

Platinum and palladium, used in car catalytic converters, have also risen, reaching a record high and a three-year high respectively, after the European Union decided to allow sales of new internal combustion vehicles beyond 2035.

- Tight supply -

Copper prices have been lifted this year by fears of US tariffs, prompting companies to stockpile ahead of their introduction, with duties imposed on semi-finished products and potentially extending to refined copper.

Supply risks from disruptions at mines in the Democratic Republic of Congo, Chile and Indonesia have added to the price surge.

Physical markets for silver, platinum, and aluminium are also tight.

According to Ole Hansen, an analyst at Saxo Bank, thin holiday trading, which increases volatility, and investor fear of missing out have further amplified the rise at the end of the year.