copper

Angola's Lobito railway has received fresh funding as the United States and China compete for control over Africa's cobalt and copper resources. This competition has implications for global supply chains and Latin America.

Chile's S&P IPSA rose 0.57% to 10,883 on July 7, driven by gains in banks and retailers. The peso weakened to 928.57, while copper prices remained near $6.19.

A Whatnot seller named 'Mythic Moon Jewelry' was accused of scamming customers by selling copper jewelry labeled as .925 silver. An XRF scan revealed the item contained only 0.44% silver, with the majority being copper, cadmium, and titanium. The seller dismissed the complaint and blocked the buyer, though the platform issued a refund.

Chile's S&P IPSA rose slightly on July 6, driven by gains in Banco Santander and SQM, but a weaker peso and declining copper prices limited the market's advance.

Peru aims to diversify its economic relationship with China beyond raw mineral exports, seeking investment in infrastructure. Ambassador Carlos Vasquez highlighted that copper, iron, and fishmeal account for over 90% of exports, prompting a strategic shift.

Copper and aluminum prices advanced as expectations for a rate hike diminished. The market shift reflects reduced concerns about higher interest rates impacting demand for industrial metals.

Two U.S. trade deadlines in July could impact Peru's export performance. A Section 232 critical-minerals negotiation report is due by July 13, with potential copper tariff additions, while a 10% tariff on most countries expires around July 24, leaving future actions uncertain.

Chile's IPSA fell 0.18% on July 2 but remained above recent levels as copper prices and the peso stayed stable. The stock index maintained its breakout despite the minor decline.

Copper prices are rising alongside industrial metals as expectations of interest rate hikes diminish. The article specifically references copper bars and rods.

The DR Congo economy is projected to become Africa's eighth-largest in 2026, surpassing Ghana due to a boom in cobalt and copper production.

Chile's IPSA stock index declined 0.26% to 10,812 on July 1 after a three-day rally, with copper prices and a stable peso supporting the market trend. The index had previously reached 10,827 during the rally.

South32's new CEO plans to focus on copper following an aluminum deal. The company aims to shift its strategic priorities post-transaction.

Brazil and Mexico experienced economic declines, while Chile led in copper performance and Colombia unexpectedly raised interest rates to 12%. The report highlights mixed economic trends across Latin American countries on July 1, 2026.

Chile's IPSA rose 0.71% to 10,840 on June 30, marking a third consecutive gain as stronger copper prices and a stable peso supported mining companies. The index broke through a weeks-long resistance level during this rally.

Wholesale cash prices for various commodities including broilers, cheddar cheese, coffee, eggs, and grains were reported, with some showing slight increases or decreases between Monday and Tuesday.

Ferrari and BMW are switching from copper to aluminum wiring in new models. This follows similar moves by Tesla and Chinese EV makers, driven by copper prices running more than 4 times the cost of aluminum.

Nigeria's lithium and copper reserves could play a key role in the clean energy transition by meeting demand for renewable energy technologies and retaining value within the country, according to a report.

Chile's IPSA stock index rose 0.53% to 10,763 on June 26, marking a second consecutive gain driven by stronger copper prices and a steadying peso. The exchange was closed on Monday, but mining companies benefited from the improved copper market.

Copper prices declined due to the Federal Reserve's stance and a strong U.S. dollar affecting metal markets. The article mentions a smelting facility in Glogow, Poland, where molten copper is being processed.

Congo's strict new cobalt quotas are limiting cobalt exports, prompting miners to shift focus to copper. This shift is directing copper toward Western buyers amid declining prices.

Chile's stock market rose 0.53% to 10,763 for a second consecutive day, driven by firm copper prices that boosted mining companies and a steadying peso after last week's decline.

Ecuador must reopen its frozen mining cadastre by end-June under an IMF deadline, which could enable progress on stalled copper and gold projects. The IMF's involvement highlights the urgency of the decision.

Commodities such as oil, silver, copper, and gold experienced significant declines, with prices dropping between 2.71% and 7.09%, driven by a Middle East ceasefire reducing the war premium. The crash benefited countries that purchase raw materials.

Chile's IPSA stock index fell 0.88% to 10,675 on June 24, marking a second consecutive decline despite copper prices rising over 1%. The drop was attributed to a weaker peso and a global retreat from risk, indicating external factors rather than domestic issues.

Copper prices are rising due to a weaker U.S. dollar and increased demand from the AI sector, despite concerns over interest rates. The article highlights copper pipes at a wholesale market in Mumbai, India.

Chile's stock market declined as the peso weakened against the dollar, and lithium prices fell 5%. The IPSA index closed 1.21% lower, ending a three-day upward trend.

Copper held losses amid pressure from the dollar and a hawkish Federal Reserve, but was slightly higher on the London Metal Exchange.

Argentina revised its Mining Investment Regime via Decree 482/2026, replacing 1993-era rules effective June 24. The new system streamlines imports by using a sworn declaration that automatically integrates with customs, eliminating prior authorization requirements.

The Trump administration supported Virtus Minerals in developing cobalt and copper mines in the Democratic Republic of the Congo (DRC), marking the first U.S. rare earth minerals acquisition in the country since the Washington Accord. The initiative aims to counter China's dominance in critical minerals and establish a secure supply chain for the U.S. and allies.

Petrobras, Brazil's oil company, has partnered with the state development bank to research critical minerals like lithium, nickel, cobalt, copper, and rare earths. The move marks a shift into battery metals and materials essential for wind turbines and electronics.

Thieves stole at least four air conditioning units from Kramer Homes Co-op in Center Line, targeting the copper inside. Residents like Maggie Demos and Reilly McShane face high replacement costs and heightened community concern. Similar cases are under investigation in Warren.

Chile's IPSA stock index rose 0.24% on June 18, recovering part of the previous day's decline despite a stronger dollar reaching a multi-month high and affecting copper prices.

Chile's IPSA fell 0.84% to 10,811.51 on June 17 as the U.S. Fed's higher-rate signal caused the dollar to surge, pressuring copper and the peso. The stock market decline was linked to the Fed's rate hike expectations affecting key commodities and currency.

Copper prices fell after Fed Chairman Warsh was positioned as an inflation hawk. The market reacted to his stance.

BHP, the world’s biggest mining company, is preparing to sell all of its electricity transmission lines in Chile for around $1.5bn. The sale aims to focus on copper operations, with the assets including roughly 1,000 km of power lines.

Protesters blocked copper exports from Rio Tinto's Oyu Tolgoi mine in Mongolia, disrupting supply to China and highlighting demands for greater mining revenue sharing. The mine, 66% owned by Rio Tinto and 34% by Mongolia, contributes 9% of the country's tax revenue. A weeklong blockage could cost Mongolia $13.3 million.

Japan’s 10-yen coin is now worth 10.4 yen due to an AI-driven copper price surge. The article references Japanese yen coins and banknotes but provides no additional context.

SQM, the Chilean lithium giant, is exploring for copper with a US partner to diversify operations as lithium prices remain weak and copper demand increases.

Angola's Lobito railway has received its first copper shipment from Congo since floods disrupted the line, reviving the West's primary route for African critical minerals. The reopening marks a recovery of the mineral transportation corridor after previous closures.

Chile's IPSA stock index rose 0.23% to 10,904, recovering from the prior day's decline as stable copper prices supported the market ahead of a key Federal Reserve decision.