Copper prices hit record high
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Chile copper giant Codelco profits surge on higher metals prices. By Fabian Cambero and Anthony Esposito. ... He added that 2022 total copper production should be similar to 2020 and 2021 output.
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GlobalData on MSNTrump announces 50% tariff on copper imports as copper futures surgePresident Donald Trump has announced plans to impose a 50% tariff on copper imports, a move aimed at bolstering US production of the essential metal, as reported by Reuters. Following the announcement,
Copper futures surged to a record high Tuesday after President Donald Trump announced a 50% tariff on all copper imports. “Today we’re doing copper,” Trump said at a cabinet meeting after rattling off his earlier tariffs on aluminum and steel.
It also projected Chilean production at 5.7 million tonnes of copper in 2022, a year-on-year increase of 2.6%. For 2023, the estimate is for Chile's copper production to rise 4.8% to 6 million tonnes.
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Cryptopolitan on MSNPwC warns that copper shortage, climate change could derail chip industryPwC estimates that about a third of the global semiconductor production is under threat of supply disruptions caused by climate change.
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Chile’s mining investment set to surge by 27% through 2033 - MSNThe Cochilco report outlines 51 upcoming projects in Chile, the leading copper producer globally and the second-largest lithium producer. Notably, more than half of the total investment, amounting ...
Copper futures drifted lower in London, falling back from multi-week highs seen after an earthquake hit Chile, the world’s biggest supplier.