Copper prices hit a record $13,000/ton in London, rising as much as 4.3%, driven by mine outages, trade disruptions, and strong global demand.
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Citi upgraded Freeport-McMoRan to Buy from Neutral, citing supply disruptions and macroeconomic tailwinds that could push copper prices to $12,000 per metric ton by the first half of 2026.
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Trump Orders Probe Into Copper Tariffs, Boosting Freeport and Southern Copper
Video: youtube.com/shorts/sioQv...
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