White House Holds Off on Copper Tariffs Over Cost Concerns Ahead of Midterms
Officials weigh higher factory costs against U.S. mining goals. Copper prices hit records as buyers stockpile ahead of a possible tariff.
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Alcoa Stock Surges Amid Middle East Supply Concerns
Iran’s weekend attacks on major Persian Gulf aluminum plants triggered sharp price jumps. Supply shortages could push aluminum to record highs, affecting planes, solar panels, and packaging.
Rio Tinto Abandons Glencore Mega-Merger Over Price Disagreement
Rio Tinto walks away from acquiring Glencore after failing to agree on price, ending talks for what would have been the world's largest mining company merger.
Glencore and Rio Tinto Revive Megamerger Talks to Create Mining Giant
Glencore and Rio Tinto restart merger discussions to form $260B mining powerhouse amid surging copper demand and industry consolidation pressures.