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Freeport-McMoRan Warns: Proposed Duties Could Raise Purchase Costs in U.S. by 5%.
U.S. copper giant Freeport-McMoRan said proposed duties by the U.S. government could increase the cost of goods purchased within the country by about 5 percent. This increase would mainly be due to cost shifting by suppliers, the company said in its quarterly report...
Primary Aluminum Premiums Globally Stable, But U.S. And China Report Slight Decline
In the week ended Tuesday, April 22, primary aluminum (P1020A) premiums remained stable overall in major global markets. However, the United States and China showed slight declines, mainly due to macroeconomic factors and trade tensions related to the tariff war...
Freeport-McMoRan Ready To Restart New Copper Refining Plant In Indonesia
U.S.-based Freeport-McMoRan, one of the world's largest copper producers, announced in its first-quarter earnings report, released April 24, that it intends to resume startup activities at its new copper smelter plant in Indonesia during the second quarter of 2025,...
Teck Resources Seeks To Mitigate Effects Of Global Tariffs On Its Zinc Business
Canadian mining company Teck Resources disclosed in its first quarter earnings report released on Thursday, April 24, that it is actively engaged in managing global customer relationships to mitigate the impact of international tariffs on its zinc business....