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Companies 1 year ago
PREMIUM
Prolonged Freeport smelter shutdown frees up scarce ore for copper market
The extended maintenance shutdown at Freeport's Manyar smelter in Gresik has forced the mining giant to offload 100,000 tonnes of copper concentrate to the global market, offering timely respite amid an unprecedented shortage of the raw material.
Markets 1 year ago
Trump orders new tariff probe into US copper imports
President Donald Trump opened yet another front on Tuesday in his assault on global trade norms, ordering a probe into potential new tariffs on copper imports to rebuild US production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.
Regulations 1 year ago
Trump's copper, aluminium tariffs may raise costs for US consumers
Freeport-McMoRan CEO Kathleen Quirk said last week that the miner would not be affected by any copper tariffs as they sell all their US copper domestically and their Indonesian metal goes to Asia. But she worried about any potential inflationary effects of copper tariffs.
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