Copper has surged to fresh record highs this year, with London Metal Exchange (LME) prices climbing above $12,000 per metric ton, marking an impressive ~42% year-to-date gain, as a powerful structural shift takes hold in the market. While the initial rally was supported by short-term factors such as U.S. tariffs, a weaker dollar, and inventory…
Rio Tinto and Glencore have resumed merger discussions that, if successful, would result in the creation of the world’s largest mining company. The renewed talks come nearly a year after earlier negotiations between the two mining giants fell apart due to disagreements over valuation, leadership, and asset structure. If a deal is finalized, the combined…
BHP, a global mining leader, has sounded the alarm about the future of copper supply, highlighting the urgent need for the industry to invest around $250 billion over the next decade to meet surging demand. This rising demand is driven largely by the rapid growth of electric vehicles (EVs) and renewable energy initiatives, which depend…