copper

China’s metals industry racked up huge profits in first quarter

The big jump in metal-making profits reflects a broader reflation underway across the Chinese economy

Tax authorities are not seeking to stymie legitimate trading, but market participants fear they may have overtightened their quotas, affecting real-world flows.

China tax authorities rattle metal market with invoice crackdown

The probe has ensnared a broad group of traders dealing in copper, aluminium and silver in Shanghai, according to several affected parties

Copper, viewed as a gauge of global economic momentum, is so interlinked with industrial activity and investments in infrastructure and the power sector that it is the one to watch, says David Fyfe of Argus Media.

Asia ‘absorbs the hit on every axis’: What volatile copper, aluminium prices mean for the region

Analysts note that Asia is most vulnerable to volatility in base metals due to a lack of buffers

Prices have already fallen about 7% since the US and Israel launched attacks on Iran.

Goldman warns on copper as Iran war threatens global economy

Most base metals have come under growing pressure in the past month

Rio Tinto has declared a final dividend of US$2.54 cents a share, implying a payout ratio of 60% of underlying earnings.

Rio Tinto misses annual profit view on iron ore challenges

Weaker iron ore prices weigh on its core business, but copper prices having risen 8% in 2025 blunt the impact of iron ore prices on its earnings

Freeport-McMoRan and Antofagasta are among the few firms offering pure exposure to copper.

Mining stocks on cusp of supercycle as AI boom stokes metals

With a nearly 90% gain since the start of 2025, MSCI’s Metals and Mining Index has beaten semiconductors, banks and the Magnificent Seven cohort by a wide margin

Grasberg is the world’s second-largest copper mine and accounted for 3% of the world’s mined copper before the September mudslide.

Freeport says it’s on track to restart Indonesia copper mine after deadly mudslide

The company has already restarted two unaffected areas of the mine since the incident in September

BHP surprised investors with a half-hearted last-minute bid to crash the Anglo-Teck deal late last year.

BHP is stuck on the sidelines of copper M&A frenzy it started

The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal

Rio Tinto Group and Glencore have been discussing a potential combination of some or all of their businesses including an all-share takeover,

Glencore and Rio Tinto in talks to form world’s biggest miner

Both companies own some of the best copper mines in the world

Chinese factories continue to export to the world, while the government has extended its subsidy programmes to support domestic consumption.

China’s industrial buyers shun copper after prices hit record

Chinese industry accounts for half of global copper demand