Trump, Chile and copper
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Chilean copper mines had their best month of export revenue in more than three years in June, with the increase in value outstripping price gains in a sign of rising production.
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Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
Proximity to Super Copper’s other Chilean asset, the Cordillera Cobre project, creates operational efficiencies.
US President Donald Trump on Tuesday announced a 50% tariff on copper imports and stated he was considering a 200% tariff on pharmaceutical products if manufacturers do not move their operations to the United States.
Some 32% of global semiconductor production could face climate change related copper supply disruptions by 2035, quadrupling from today's levels, advisory firm PricewaterhouseCoopers (PwC) said in a report for business leaders on Tuesday.
PricewaterhouseCoopers (PwC) writes that the global semiconductor industry is expected to reach $1 trillion by 2030. However, it adds that one-third (32%) of worldwide production will
Nobel Resources Corp. (TSX – V: NBLC) (the “Company” or “Nobel”) is pleased to provide an update on its ongoing exploration at the Cuprita Project (the “Project” or “Cuprita”) in Atacama Region, Chile.
Chile's consumer prices posted in June their first monthly drop this year and the steepest since late 2023, data from statistics agency INE showed on Tuesday, fueling expectations that the central bank may resume monetary easing later this month.