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Goldman Sachs released a tariff forecast: the possibility of the USA imposing a 10% tariff on Copper in Q1 is about 50%.
① Wall Street traders are preparing to analyze Trump's inauguration speech word by word, to determine the impact of his policies on the market; ② Goldman Sachs stated the likelihood of a 10% tariff on Copper by the USA in Q1 is 50%, which is basically consistent with Goldman Sachs' own forecast; ③ The oil market believes the likelihood of Trump imposing tariffs on oil is close to 40%, higher than Goldman Sachs' expected 15%; additionally, Goldman Sachs said the likelihood of tariffs on Gold is only 10%.
Rio Tinto Group Says Australian Government's Aluminium Production Credit to Support Low-Carbon Transition
Critics of conservatism and radicalism or "water and fire do not mix" Analysts are pessimistic about the potential merger between Rio Tinto (RIO.US) and Glencore.
Discussions regarding a potential merger between Rio Tinto (RIO.US) and Glencore are currently not active, and it is uncertain whether they can be resumed; however, the willingness of both companies to engage in long-term negotiations has surprised many in the mining industry.
Analysts Offer Insights on Materials Companies: Rio Tinto Limited (OtherRTNTF) and Lynas Rare Earths Limited (OtherLYSCF)
Albanese Labor Gov. Announces A$2B Investment in Australian Aluminum Industry
Market Chatter: Rio Tinto to Form Lithium Unit Once Arcadium Takeover Closes