On a recent episode of the "All-In" podcast, investor Chamath Palihapitiya said that copper is set to go “parabolic” in 2026.His prediction is rooted in a supply shortage and shift toward what he called the “Trump Doctrine” — a geopolitical strategy of unilateral national security and aggressive economic reshoring.FCX stock is climbing. See the chart and price action here. The Macro Driver: The Trump DoctrineThe Trump administration reclassified copper from an industrial metal to a critical pillar of nation ...

On a recent episode of the "All-In" podcast, investor Chamath Palihapitiya said that copper is set to go “parabolic” in 2026.His prediction is rooted in a supply shortage and shift toward what he called the “Trump Doctrine” — a geopolitical strategy of unilateral national security and aggressive economic reshoring.FCX stock is climbing. See the chart and price action here. The Macro Driver: The Trump DoctrineThe Trump administration reclassified copper from an industrial metal to a critical pillar of nation ...

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto and BHP have agreed to work together to extract up to 200 million tonnes of iron ore at their neighbouring Yandicoogina and Yandi iron ore operations in the Pilbara. Under two non-binding Memoranda of Understanding (MOUs), the companies will explore the potential for: These new opportunities build on a 2023 agreement between Rio Tinto and BHP to mine the Mungadoo Pillar, which allowed mining of ore from the shared tenure boundary that was previously inaccessible. ...

Core Viewpoint - The A-share market showed strong performance in the morning session, with all three major indices rising significantly, indicating positive investor sentiment and market momentum [1]. Market Performance - The Shanghai Composite Index increased by 1.2% to 4188.24 points, the Shenzhen Component Index rose by 1.98%, and the ChiNext Index climbed by 2.24% [1]. - The North Stock 50 Index saw a notable increase of 2.96% [1]. - The total market turnover reached 22,459 billion, a decrease of 2,224 billion compared to the previous day [1]. - Over 4,700 stocks in the market experienced gains [1]. Sector Highlights - A joint initiative by eight departments to promote the "Artificial Intelligence + Manufacturing" special action led to a surge in AI application stocks [1]. - The non-ferrous metal sector performed strongly, with companies like Zijin Mining and Jiangxi Copper reaching new highs [1]. - After Bawei Storage announced a performance increase, its stock rose over 7%, contributing to a general rise in storage chip stocks [1].

2026年1月14日，全球金融市场在多空博弈中呈现出复杂而多变的态势。从美股的尾盘走低到A股的调 整与机遇，从贵金属的持续飙升到大宗商品的价格波动，每一个热点都牵动着投资者的神经。 美股：尾盘走低背后的多空博弈 北京时间1月14日凌晨，美股周二尾盘走低，道指跌逾400点。道指跌402.46点，跌幅为0.81%，报 49187.74点;纳指跌67.74点，跌幅为0.29%，报23666.16点;标普500指数跌23.05点，跌幅为0.33%，报 6954.22点。 美股的走低与多方面因素有关。在12月就业报告反映劳动力市场略有走弱但仍保持稳定后，市场目光聚 焦于CPI数据。周二早间公布的消费者价格指数(CPI)报告显示，美国12月CPI同比上涨2.7%，符合预 期。然而，经济学家们对通胀是否已经见顶的看法不一。尽管12月核心通胀压力温和，但食品和房租更 加昂贵，价格涨幅为三年多来最大，这凸显了特朗普总统面临的负担能力危机，经济学家将这部分归咎 于白宫的政策，包括全面进口关税。 圣路易斯联邦储备银行行长Alberto Musalem表示，通胀风险正在缓和，预计今年晚些时候价格将开始 向央行目标靠拢。他认为，经过去 ...

With huge investments in electrification, and data center build outs on the horizon, metals and rare earths hit the limelight in 2025. Copper has been on a tear, and projections are that supply deficits will continue to propel prices up in 2026.The author has an honours degree in economics and politics with a focus on economic development. With 36 years of experience in executive management he has extensive knowledge of insurance/reinsurance, Global and Asia Pacific markets, climate change and ESG. He inves ...

同步竣工的"贵金属烟气集中治理高排项目"是金川集团2025年的重点技改项目，总投资4996万元，于 2025年4月开工。该项目通过对贵金属生产系统废气排口进行集中、深度治理，构筑起坚实的环保屏 障，是金川集团深入践行绿色发展理念、扎实推进生态文明建设的具体行动。 在项目建设过程中，面对跨冶金、建筑、化工、机电安装等多领域的技术集成挑战，以及工期紧张、任 务繁重、场地交叉作业复杂等多重困难，建设者通过优化设计方案、科学统筹施工、严格把控质量，最 终确保项目高质量按期完成。 责任编辑：宋菲菲 每日甘肃网金昌讯（新甘肃·甘肃日报记者 谢晓玲）近日，金川集团铜贵股份有限公司"羰基尾料铂族金 属高效分离提取技术产业化项目暨废气集中治理高排项目"正式竣工投产。其中，羰基尾料处理生产线 是国内首条实现规模化处理同类物料的生产线，标志着金川集团在贵金属资源高效循环利用、绿色低碳 发展以及关键战略资源自主可控方面取得重大突破。 "羰基尾料铂族金属高效分离提取技术产业化项目"作为金川集团2024年度重大技术改造项目，总投资达 1.27亿元。项目自2024年9月启动建设，于2025年12月28日建成。该项目的核心突破在于成功攻克了 ...

Core Viewpoint - Bank of America advises commodity investors to focus on gold, capitalize on uranium's rally, and invest in copper before market adjustments occur [1] Group 1: Macro Forces Impacting Commodities - The firm identifies four macro forces influencing commodity prices: rising U.S. industrial policy, a potentially weaker U.S. dollar, persistent geopolitical tensions, and increasing uncertainty around tariffs [1][2] - Policy decisions, rather than just supply and demand, are expected to drive metals pricing in 2026 [2] Group 2: Precious Metals Insights - Bank of America highlights Agnico Eagle Mines for its consistent execution and growth potential, citing its history of meeting production guidance and focus on low-risk Canadian assets [4] - The firm sets a price target of $227 for Agnico Eagle Mines, indicating a potential upside of approximately 26% from early January levels [5] - The forecast for gold is aggressive, with an average price expected to reach $4,538 per ounce in 2026, representing a 32% year-over-year increase, with a potential upside scenario of $5,000 per ounce [5] Group 3: Uranium and Copper Outlook - Cameco is identified as the top nuclear energy and fuel pick for 2026, with a revised price target increased from $115 to $125 per share [6] - Key themes for uranium include rising electrical energy demand, U.S. trade and industrial policy, Japan's nuclear restarts, new builds, and supply disruptions [7] - Freeport-McMoRan is noted as the preferred choice for copper exposure [8]

9 January 2026 | 4:20PM EST Equity Research Energy, Utilities & Mining Pulse: Investors Asking: Macro and Micro Takeaways from the GS Energy, CleanTech, & Utilities Conference This week we hosted our Energy, CleanTech, & Utilities Conference in Florida. On the back of the conference, we ask our senior analyst team to highlight takeaways for their sub-sector, as well as stocks where they see risk/reward potential for 2026. Stocks with risk/reward potential include: FANG, SU, VLO, KGS, SRE, FTI, and CCJ E&Ps: ...

1月7日（周三），铜价令分析师感到意外。就在去年10月中旬的LME周期间，他们还认为当时接近11,000美元/吨的铜价过高。而自那以后，LME期铜已上 涨超过2,410美元/吨。市场观察人士现在坚称，价格上涨的时间过长了。 总部位于多伦多的红云证券全球大宗商品策略师Ken Hoffman称，"铜和所有金属价格都受到美国政府行动带来的全球不确定性的推动，这些行动导致流入美 国的铜大幅增加，不是因为需求，而是为了库存。"他指的是从8月开始对美国进口的半成品铜材征收50%的关税，以及美国宣布打算从2027年开始对未锻造 铜进口征收关税。 Hoffman表示，COMEX铜库存目前超过50.3万吨，而一年前还不到10万吨。 他和其他分析人士还指出了供应中断的影响；2025年，一些最大的矿山出现了生产问题。 LME期铜自10月底以来屡创新高，当时价格超过了2024年5月创下的约11,000美元/吨的历史高点。自那以后，价格迅速攀升，12月23日突破12,000美元/吨， 1月5日几乎达到13,000美元/吨，次日又创下了13,238美元/吨。 金融服务公司StoneX的高级金属分析师Natalie Scott Gray表 ...