Freeport-McMoRan confirmed its dominant U.S. production, while tariff actions impacted copper speculators and pricing was benchmarked against the LME.
2 reports, 1 independent
Updated Sep 12
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New informationRepeats or wire copies
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What happened
Freeport-McMoRan confirmed its dominant U.S. production, while tariff actions impacted copper speculators and pricing was benchmarked against the LME.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- IHS Markit reported high copper inflows on August 5, 2026.Sub-event
- Tariff policy changes caused copper prices to drop, ending a recent rally.Sub-event
FMC production confirmed by Adkerson amid tariff pressure and LME benchmarking.1 source
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The entities involved
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Freeport-McMoRan
producer of copper and gold
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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London Metal Exchange
futures exchange in London, England
- Conflict in the Middle East is driving market volatility and risk, with talks underway to resolve the situation.
- Global resource competition is intensifying as countries seek to build processing capacity outside of China, amid concerns over its rare earth dominance and the challenges facing producers like those in Northwestern Ontario and Belarus.
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Coverage
Newest first; wire copies grouped- Motley FoolPrediction: This Metal Company's Dip Will Prove a Great Buying Opportunity for Long-Term Investors Freeport-McMoRan's shares suffered a setback recently, but they continue to recover. That's thanks t