Demand for copper is surging because of demand from new technologies, but suppliers are struggling to keep up, and they are ...
Global copper markets were hit hard after Freeport-McMoRan Inc. declared force majeure at its Grasberg mine in Indonesia, the world’s second-largest copper operation. A massive mud flow led to the ...
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Copper is the prize in mining megadeals
Booming demand for copper is driving a spate of mining megadeals, in a rush to secure more of a metal essential to powering artificial intelligence. Rio Tinto and Glencore said late Thursday that they ...
Copper prices have surged to record highs this year, and are closing in on the $12,000 milestone. Mining disruptions, supply shortages and concerns about U.S. tariffs have helped lift prices higher.
Mining mergers are back in style. Rio Tinto, the industry’s fourth-most valuable company, has confirmed it is in talks to acquire Glencore, a Swiss competitor, and thus create the world’s biggest ...
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