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Global Copper, Nickel Prices Could Double in 10 Years
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Industrial Info Resources is tracking more than more than US$325 billion and US$115 billion worth of copper and nickel mining projects, respectively
By William Ploch, Assistant Editor-in-Chief
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Meanwhile, Putin proposes settling Ukraine with Trump and Xi, without Kyiv, as sanctions waivers loosen Russian barrels and missile strikes darken industry and homes before winter. Who bears the cost of transactional peace?
Wall Street buys the AI dip, while CoreWeave's credit swaps flash distress and Oracle edges toward junk. China's trade surplus nears $1 trillion on that same AI hardware demand. America needs 48,000 tons of rare earth magnets and makes 300. U.S. Natural gas sleeps at $3, lulled by warmth. Readers should consider watching the seams: Hormuz transits, credit spreads, Beijing's export controls, and France's streets. Fragility rarely announces itself; it compounds quietly, until customers pay the bill(s), but can they afford such? Who picks up the tab if they cannot?