Copper investors’ LME Week celebration overshadowed by Trump’s threats to China
A bronze bull statue in Shanghai. Stock image. Traders landing in London late last week for a key event in the copper market felt optimistic as prices approached record highs. Then came announcements shaking things up. On Friday, prices dropped nearly 5% after President Trump threatened significant import tariffs on Chinese products, effectively dampening a […]
Ancient copper site discovered in Sinai region of Egypt
Ancient Copper Workshop Discovered in Sinai, Egypt Recently, archaeologists uncovered an ancient copper workshop in Egypt’s Sinai region, a land often associated with the biblical figure Moses and the Book of Exodus. On September 14, Egypt’s Ministry of Tourism and the Ministry of Ancients shared details about this find, located at Wadi Al Nasbusite in […]
Copper Considered “Essential” as U.S. Evaluates Supply Chain Threats
Copper Monthly Metal Index Update The Copper Monthly Metal Index (MMI) experienced a decline of 1.87% from July to August, which left it relatively stable. However, significant fluctuations were observed in copper prices from August to September, with both notable increases and decreases. USGS Lists Copper as a Key Mineral Although it narrowly avoided tariffs […]
Trump broadens availability of affordable ObamaCare copper plans for Americans
Trump’s New Healthcare Plan Offers Affordable Options President Donald Trump has recently taken significant steps to make healthcare more accessible and affordable for many Americans. On September 4th, his administration announced that the majority of people are now eligible to purchase what’s known as the “copper plan” through the Obamacare exchange. Previously, most Americans were […]
Chinese Copper Mining Company Alleged to Conceal Information in Large Zambia Toxic Spill
In February, a South African environmental services firm named Drizit was brought in to address a toxic waste spill from Chinese-owned copper mines in Zambia. On Friday, the company claimed that the mine’s operators were concealing the true scale of the environmental damage caused by the incident. The spill took place on February 18 at […]
Copper reaches a one-month high due to positive factory data from China and a weak dollar.
Copper Prices Hit Monthly Highs Copper prices rose to their highest level in over a month on Monday, driven by favorable manufacturing data from China, a major consumer, alongside a weaker dollar. The three-month copper contract on the London Metal Exchange experienced a slight dip of 0.2%, settling at $9,886 per metric tonne after peaking […]
The Reasons Behind the Surge and Fall of Copper Prices
Copper prices have recently seen a slight rise, increasing by 1.18% from July to August. It seems these prices are hovering just above the lows reached back in April. COMEX Copper Prices Drop After Tariff Surprise July turned out to be quite a tumultuous month for COMEX copper pricing. The unexpected decision from the White […]
Trump Advocates for Copper Smelting in America, But There’s a 30-Year Delay
Trump’s Tariffs on Copper Imports: A Complex Landscape Recently, President Trump made headlines by imposing a 50% tariff on copper imports, a surprising move for many in the trade community. This decision affects imports valued at around $15 billion from last year. While there are some exemptions, they are limited. The main goal seems to […]
Glencore’s Loss Increases Due to Lower Coal Prices and Copper Production
Glencore Reports Increased Losses in First Half of 2025 Mining and commodity trading behemoth Glencore has announced a net loss for the first half of 2025, a stark contrast to the same timeframe last year. The company’s industrial segment suffered, primarily due to falling coal prices and a dip in copper production. Based in Switzerland, […]
Trump’s Copper TACO Action to Spark Major Market Change – Current Crude Oil Prices
Copper Prices Surge Amid Tariff Changes Since launching in 2025, US copper prices have hit all-time highs, largely due to market expectations surrounding a 50% tariff on imported copper products as part of President Trump’s trade strategy. When these tariffs took effect on August 1, the market reacted with confusion, driven by concerns over potential […]