Shares of US-based copper giant Freeport-McMoRan climbed 3.75% to $47.30 in premarket trading on Wednesday, as investors reacted to a new 50% tariff on imported copper announced by former President ...
Freeport McMoRan (NYSE:FCX) CEO Kathleen Quirk said Monday she hopes President Trump will declare copper a critical mineral, a move that would unlock tax credits needed to boost U.S. production of the ...
(Reuters) -Freeport-McMoRan could see a $1.6-billion boost to annual profit if President Donald Trump's copper tariff materializes, a benefit driven by the firm's role as the largest U.S. producer ...
Freeport-McMoRan jumped on Wednesday after the White House said it was eyeing copper tariffs. The mining giant stands to benefit from higher prices if duties are increased. Goldman Sachs expects ...
Copper futures jumped Monday, regaining strength after Friday's tariff-driven plunge, following President Trump's calming words about China in a social media post over the weekend, with the ...
U.S. copper futures slump nearly 4% to three-week lows on Thursday after President Trump unveiled his plan for an array of reciprocal tariffs, ratcheting up a trade war that threatens to hurt the ...
A former Senior Publishing Editor on the Dow Jones Newswires team at The Wall Street Journal, Aaron earned a Bachelor's degree in Economics from the University of Michigan and a Master's in Journalism ...
Mining stocks were getting a boost on Thursday after President Donald Trump said that a 50% tariff on copper imports would take effect from Aug. 1.
Freeport controls 60% of US copper output, poised for $1.6-billion profit boost US imports half its copper, mostly from Chile, Canada, and Peru Mines take nearly 29 years to build in the US, ...