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Copper price hits historical record on us-china agreement
Copper prices hit a new historical high of US$4,983 per pound, driven by a preliminary US-China agreement to suspend tariffs. This sparked global optimism that lifted Chile's Ipsa and boosted stocks of firms exposed to Argentina following Javier Milei's victory. US markets also rose, with Nasdaq gaining 1.86%.
Anglo American och Teck tillkännager sammanslagning
Rapporterad av AI
Anglo American och Teck Resources har enats om en sammanslagning värd 50 miljarder dollar inom kopparsektorn. Affären syftar till att skapa en stor aktör inom global gruvdrift.
Copper price surpasses US$5 for first time in London
The copper price hit US$5.02 per pound on the London Metal Exchange this Wednesday, breaking the US$5 barrier for the first time in nominal terms. This marks the highest nominal historical value and the second highest in real terms since 2011. Experts attribute the rise to energy transition demands and supply constraints.