Charts: Copper surplus in the US conceals refining issues
U.S. Copper Production: Potential vs. Processing Limitations The United States manages to produce more raw copper than it actually requires, yet it sits at a disadvantage with its processing capabilities. This gap means that manufacturers often rely on smelters from other countries, according to a recent report. Benchmark Mineral Intelligence highlights that the U.S. can […]
How BlackRock, the biggest asset manager globally, is refining market portfolios for 2026.
BlackRock has kicked off 2026 with a focused investment strategy. It revolves around three main ideas: artificial intelligence, income generation, and diversification. Jay Jacobs, who leads the exchange-traded funds (ETFs) at BlackRock, shared insights on how ETFs fit into the evolving market landscape while managing over $13 trillion in assets from investors worldwide. “The first […]
Swiss enhance Trump trade agreement with gold refining initiative: sources
Switzerland’s Gold Industry Plans US Expansion Switzerland is looking to bolster its gold industry by possibly establishing refineries in the United States or enhancing its processing capabilities. This move comes in tandem with efforts to address the trade tariffs imposed by the US, as per two sources familiar with the discussions. President Trump recently enacted […]
California Republicans warn Newsom his oil refining ‘phase-out’ endangers military readiness
Exclusive: Nearly half of California’s Republican congressional caucus sent a letter Tuesday warning that Gov. Gavin Newsom’s strict fossil fuel policies endanger national security due to the state’s military importance. The letter, led by San Joaquin Valley Rep. David Valadao, cited Newsom’s “intentional … hamstring injury.”[ing]”The decline in oil refining not only hurts California taxpayers, […]