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The post Resolution Copper Mine Promises To Boost America’s Energy Security appeared on BitcoinEthereumNews.com. A worker at the Resolution Copper mine inspects an underground tunnel. Rio Tinto As artificial intelligence reshapes the global economy and electrification accelerates, copper’s status as the foundational metal of the 21st century becomes magnified. Demand is surging, yet domestic U.S. supply continues to lags after decades of stagnation. Resolution Copper – a joint project by major mining companies Rio Tinto and BHP – in Arizona offers a rare, high-impact solution: one of the world’s largest undeveloped copper deposits with the potential to deliver up to 25% of current U.S. copper needs while creating thousands of jobs and enhancing national security. Vicky Peacey, President of Resolution Copper, captures the project’s strategic value, calling it “a rare combination of geology, location and national need. It is one of the largest undeveloped copper resources in the world, l
Read full articleInsider Brief Soft robotics startup morph announced it has emerged from stealth with backing from investors including 8VC, Pharrell Williams, Copper, Equinox Chairman Harvey Spevak, Qubit Health Capital, Valia Ventures and Blue Lion as it looks to commercialize a new category of adaptive robotic materials. Founded by former reconstructive surgeon and Digital Surgery founder Jean […]
Trafigura's massive copper withdrawal highlights market vulnerability to supply shocks and underscores strategic positioning ahead of tariff changes. The post Trafigura pulls over 51,000 tons of copper from LME warehouses in largest withdrawal since 2013 appeared first on Crypto Briefing.
XRP ETF Inflows Hit $8.88M as Copper Adds RLUSD Support The post XRP News: Copper Adds RLUSD as Ripple ETF Inflows Hit $8M+ appeared first on 99Bitcoins.
Based on information from two sources familiar with the situation, cryptocurrency custody business Copper has been actively seeking a buyer for its platform, with an asking price of about $500 million. According to the sources, Cantor Fitzgerald, an investment firm based on Wall Street, has been enlisted to assist with
The post Metals Pull Back Before New York Open as Traders Watch Reversal appeared on BitcoinEthereumNews.com. Metals came under pressure today as gold, silver, copper, and platinum all dropped before the New York session. Analyst Ian Cooper said gold was down 1.9%, silver lost 6%, copper fell 3.2%, and platinum declined 2.7% at the time of his update. However, Cooper warned that he does not fully trust early moves before New York opens. He said the drops could still reverse during the day, so traders are watching whether the current declines hold after U.S. markets become active. Gold Bull Flag Comes Under Pressure Gold showed the weakest short-term structure among the charts Cooper shared. The metal fell back below the upper orange trendline, which had supported the bull flag idea in recent sessions. The daily gold chart showed price trading near $4,561 after a drop of about 1.88%. Gold had already been compressing inside a narrowing structure, with resistance near $5,092 and lower su
The surge in copper prices highlights the critical role of infrastructure and technology demands, potentially reshaping global economic dynamics. The post Copper prices surge to record $6.5 per pound amid tight supply and AI-fueled demand appeared first on Crypto Briefing.
The post Copper: Tariff risk fuels rally – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Commodity Analyst Barbara Lambrecht highlights that Copper has surged to record levels on the London Metal Exchange, supported by structural demand from the energy transition and data centers. At the same time, the US is considering extending tariffs to refined Copper from 2027, encouraging pre-emptive stockpiling and tightening supply outside the US. Chinese production data due next week will be closely watched. Record prices and looming US tariffs “In the base metals markets, sentiment remains positive despite another significant rise in energy prices: The London Metal Exchange index even hit a new record high this week. A ton of copper cost more than USD 14,000.” “In addition to concerns about a shortage of copper ore, fears of an expansion of US tariffs on metal imports are likely also playing a role in the current copper price rally. The US Department of Commerce is expected t
Copper's surge highlights persistent supply-side inflation pressures, influencing central bank policies and impacting risk asset markets. The post Copper nears record high as supply crunch outweighs recession fears appeared first on Crypto Briefing.
