View: Source An acute copper supply squeeze is coming to an abrupt end as President Donald Trump’s plan to soon slap a 50% tariff on the metal narrows the window to profit from surging US prices. Key spreads on the London Metal Exchange — which had soared in late June as a rush to ship the metal to the US drained stockpiles — …
Continue ReadingView: Source Beijing’s long-term strategy pays off as Washington scrambles to respond, a new report finds. China is expected to maintain a strategic edge over the United States in the rare earth industry, thanks to Beijing’s long-term investments in advanced mining and processing technologies. In contrast, the US is paying the price for decades of underinvestment, obsolete policies and the absence of a …
Continue ReadingView: Source Mining stocks slipped on Monday, with Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF), Glencore PLC (LSE:GLEN) and Fresnillo PLC (LSE:FRES) all underperforming, pulling the FTSE 350 Mining index down by 1%. Industrial metals extended losses on the London Metal Exchange, led by copper fell 0.6% and aluminium. The downturn followed a Truth Social post by US President Donald Trump announcing a 10% tariff on imports from …
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