Brind.
  1. Freeport-McMoRan and Southern Copper reported lower unit costs in Q2, while tariffs pose a risk of increasing goods costs in the US.
  2. Chile and Indonesia, major copper producers, are navigating potential U.S. tariffs, with Mario Marcel seeking an exception for Freeport-McMoRan.
  3. The U.S. copper market aims for self-sufficiency, relying heavily on imports from Chile and Peru, while China remains the largest consumer and smelter.

Chile is sending two-thirds of its copper concentrate to China, while also dominating global mine supply but lagging in processing capacity.

2 reports, 1 independent Updated Sep 9
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Chile is sending two-thirds of its copper concentrate to China, while also dominating global mine supply but lagging in processing capacity.

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