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The United States produces domestically just over half the refined copper it consumes each year. More than two-thirds of that is mined in Arizona, where the development of a massive new mine has ...
Copper stocks in LME registered warehouses MCUSTX-TOTAL stand at 83,325 tonnes are already low. Cancelled warrants - metal earmarked for delivery - stand at 31.2% or 26,000 tonnes.
Copper slid from the highest level since mid-2022 after a four-day run of gains, with investors weighing mounting threats to ore supply against the risk of delays to US interest-rate cuts.
Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said on Wednesday while discussing ...
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