BHP Group Ltd (BHP.US) Q2 Copper production soared by 17%, while iron ore production remained basically unchanged.
In the second fiscal quarter, BHP Group Ltd (BHP.US) saw a 17% surge in Copper production, while the output of its traditional Assets, iron ore, remained largely unchanged due to weak demand.
BHP Iron-Ore Price Undershoots Expectations -- Market Talk
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
Rio Tinto Welcomes Australian Government Support for Low-carbon Aluminium
Which Dates Could Move the Rio Tinto Share Price in 2025?
Potential Rio Tinto-Glencore Combination Considered Poor Fit, Unlikely to Happen
Top Gap Ups and Downs on Friday: NVO, UBS, IBN and More
Rio Tinto Call Volume Above Normal and Directionally Bullish
European stock markets have risen for the fourth consecutive week, with the FTSE 100 Index outperforming.
European stock markets have risen for four consecutive weeks, with mining stocks increasing, following reports that Rio Tinto and Glencore are discussing a merger of businesses. The United Kingdom stock market has reached a record high. The Stoxx Europe 600 Index closed up 0.7%, led by mining stocks. The FTSE 100 Index rose by 1.4%, achieving its best three-day increase since 2022, with the largest exporters benefiting from the weakness of the British Pound. Medical Care is the only sector in the European stock indices that declined, as Novo-Nordisk A/S fell following reports that the Ozempic and Wegovy weight loss drugs are targets for Insurance price negotiations. The decline in the pharmaceutical company's stock price caused its Market Cap to fall below that of the Luxury Goods leader.
What Next for Glencore After Failed Rio Tinto Merger Talks?
UK Stocks Jump; Rio Tinto-Glencore Merger Talks Surprise
Express News | Shares of Stocks in the Broader Metals and Mining Sector Are Trading Higher in Possible Sympathy With Rio Tinto and Glencore Who Announced Discussions Regarding a Potential Merger, the Largest in Mining Industry History
Berenberg Says Rio Tinto-Glencore Merger Talks Likely 'Normal Course of Business'
Rio Tinto-Glencore, Bumble CEO, Airline Downgrades: Top Stocks
Miners Glencore And Rio Tinto Discuss Potential Merger