Copper Heads for Weekly Loss as High Energy Costs Limit Demand
Copper headed for the biggest weekly loss since May as high energy costs and a stronger dollar threatened to curb demand.
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Copper headed for the biggest weekly loss since May as high energy costs and a stronger dollar threatened to curb demand.
Copper edged higher as supply concerns came to the fore, with workers at a major operation in Chile voting to strike after talks failed.
Australia’s mining stocks are poised to extend their rally, analysts say, as surging copper demand for power infrastructure and artificial intelligence gives investors a new reason to buy the sector.
World’s biggest copper producer CODELCO signs deal with Hindustan Copper Ltd that could reduce Chile’s dependence on Chinese market; India, Chile agree to deepen cooperation on Antarctica exploration
Indian copper producers are seeking a domestic tax break, saying record metal prices are tying up working capital across the supply chain.
Industrial metals fell, with copper retreating from near-record levels, as traders weighed the outlook for US interest rates amid shifting oil prices and comments from Federal Reserve officials.
Get a jump start on the US trading day with Dani Burger and Michael Ball on "Bloomberg Open Interest." Stocks rally and oil drops as investors look to diplomacy, with President Trump and China’s Xi Jinping preparing for a high-stakes White House meeting later this week. Plus, inside Anthropic’s new AI safety partnership with Accenture, and Wall Street’s race to manage the risks and rewards of artificial intelligence.And legendary mining investor Robert Friedland joins us on why copper and rare earths are becoming the new front line in the US, China resource race. (Source: Bloomberg)
Investing in Chile for foreigners in 2026: Santiago exchange access, ADRs and ETFs, copper and lithium themes, real estate rules and tax triggers. The post Kast Government Sharpens Chile Bet as Foreigners Access Santiago Exchange appeared first on The Rio Times.
China has allowed its first outbound shipment of sulfuric acid since May, offering some relief to copper producers squeezed by a global shortage after the Iran war choked off Middle East supplies.
Mining tycoon Robert Friedland said he’s fielding “unconventional interest,” including from US Big Tech, in Ivanhoe Mines Ltd.’s fast-expanding copper exploration project in the Democratic Republic of Congo, highlighting growing anxieties about future supplies of the key metal.
The Chile Imacec activity index fell 1.5% in July and copper shipments dropped for the first time since 2023, as President Kast answered his critics. The post Chile Imacec Falls 1.5% as Copper Shipments Drop for First Time Since 2023 appeared first on The Rio Times.
Copper held steady near an all-time high, with traders weighing ongoing risks of supply tightness while the closure of US markets sapped risk appetite.