3 Articles
3 Articles
Copper Holds at $4.93 as Global Flows, Surplus, and Resistance Cap Gains
Copper traded at $4.9347 per pound on June 11, 2025, as shown on TradingView’s 4-hour and daily charts, reflecting a market stuck in consolidation below key resistance. The London Metal Exchange (LME) cash settlement price closed at $9,854 per metric ton on June 10, marking a marginal gain but underscoring that the market remains rangebound. […]
Freeport CEO Says Tariffs Threaten to Hinder US Copper Mining
From Bloomberg The threat of US levies on copper imports has been a boon for Freeport-McMoRan Inc., with North America’s top producer cashing in on selling the metal at a premium. Still, the firm’s top boss warns that broader tariffs could hurt an industry President Donald Trump is trying to help. “If global growth is disrupted, that could lead to an impact on copper prices,” Chief Executive Officer Kathleen Quirk said in an interview at Freepor…
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