Copper on the Rise – Freeport-McMoRan is a Commodity Winner of the Trump Era
Reading Time: 4 minutes
Freeport-McMoRan, one of the largest copper producers in the world, is facing golden times, as demand for copper could increase by 30% due to renewable energy and data centers by 2040. Recent announcements by US President Donald Trump regarding 50% import tariffs on copper could boost the company's profits by approximately 1.6 billion USD. With extensive reserves and a strategic focus on existing mines, Freeport is well-positioned to benefit from these developments. Freeport-McMoRan - a giant in copper mining...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
