Copper
Residents and local businesses in the town of 20,000 couldn’t connect their devices to the network, 911 access was disrupted and the airport was offline for a day, snarling some operations.
AT&T has also sued state regulators over rules that require it to maintain copper wire telephone service for new customers.
It wasn't clear if the protest was a one-day affair aimed at drawing attention to the issue or the start of a prolonged standoff that could have a deeper economic impact in both countries.
The $13,572/ton LME price remains the benchmark for global copper sales, but US producers could realize higher prices once import tariffs take effect.
China's imports of unwrought copper and copper products fell 1.33% from the previous month to 446,000 metric tons, official customs data showed on Tuesday.
Rising copper prices have made theft increasingly attractive to criminal networks, even as most modern infrastructure is fiber-based and contains little to no copper.
Meanwhile, Citigroup analysts project copper prices to touch $14,500 per ton this month and climb further to touch $15,000 within the next year.
HSBC analysts said metals markets were benefiting from both supply-side disruptions and long-term demand trends.
The slower production growth from major copper-producing regions is expected to limit global availability of the metal.
Nagle described the company’s 2025 financial performance as “a very pleasing year despite challenging headwinds and economic conditions.”
Under the terms of the transaction, World Copper will transfer all interests in its Chilean subsidiaries, along with certain related assets and liabilities, to a wholly owned subsidiary, Spinco.
Indonesia’s concentrate output plunged 42% due to constrained operations at the Grasberg Mine.
Mining has since resumed in several underground sections, including the Deep Mill Level Zone and Big Gossan deposits.
Industrial metals often move on two forces: expected factory demand and how easy it is to add supply.
News regarding tariffs on copper has been difficult to track because developments have changed frequently.
Copper is up 13% so far this year despite sharp declines in the early weeks of the Iran war amid concern about serious fallout for the global economy.
Rio Tinto also hit an all-time high of A$185.50 earlier today.
The delay also cuts 2026 copper output guidance to 700 million pounds, well below earlier forecasts.
CSPD said these crimes may involve individuals experiencing homelessness.
When stronger Chinese data meets supply-chain anxiety, copper can swing quickly – and other base metals often follow.
Refined copper production is forecast to rise marginally by 0.4% in 2026 before accelerating to 3% in 2027
The miner expects to produce between 700,000 and 760,000 tons of copper for the year.
Chinese demand is projected to rise 1.9% in 2026, with growth of 1.3% anticipated in other regions, ICSG said.
Zambia, Africa’s second-largest copper producer after the Democratic Republic of Congo, aims to more than triple its copper output by 2031 and is actively attracting foreign investment.
The U.S.-Israel war on Iran has hit the supply of energy goods and other materials, as Iran has effectively blocked the key Strait of Hormuz shipping artery.