Supreme Court, Resolution Copper and Apache
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Chile, the biggest copper-producing country, raised its price projections for the metal this year and next on easing trade-war tensions and supply disruptions that signal the market is swinging into deficit.
A huge copper deposit has been discovered in Tibet, which is key to renewable energy; experts predict a global impact on mining and trade.
Despite government’s attempts at diversification, the trend of increasing market concentration has persisted over the last year.
Glencore Plc has been buying Russian copper on the London Metal Exchange and plans to deliver it into China, in a trade that highlights a squeeze on supplies in the world’s largest copper consumer.
The growing global need for copper, and the amount required to power the transition of all nations to clean energy, is not sustainable.
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Harmony Gold , South Africa's top gold producer by volume, has agreed to buy Australian miner Mac Copper Ltd in a deal worth $1.03 billion as it steps up a diversification into copper.
President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after Elon Musk's Department of Government Efficiency pointed out the cost of minting pennies. "Let's rip the waste out of our great nation's budget, even if it's a penny at a time," Trump posted to Truth Social on Feb. 9.
(ABC 6 News) — Copper thieves are breaking down critical communication lines for those who rely on landline phones. Copper wires, used to connect telecommunication, are being yanked from the ground. In San Jose alone, two suspects were busted for stealing 150 pounds of phone lines.