Tag: Mineral

BusinessEconomy

HSBC Bullish on Freeport-McMoRan as Copper Demand Surges

HSBC has upgraded Freeport-McMoRan shares to buy, citing stronger metal price assumptions and supply constraints. Copper prices have surged 23% year-to-date, outpacing broader market gains as demand for the critical AI infrastructure metal grows.

Banking Giant Upgrades Mining Stock

HSBC has reportedly upgraded its rating on Freeport-McMoRan shares from hold to buy, according to recent analyst reports. Sources indicate that analyst Jonathan Brandt simultaneously raised his price target from $43 to $50 per share, suggesting approximately 20% potential upside based on current trading levels.

by Natalie Brooks
PolicyTrade

China Tightens Rare Earth Export Controls, Escalating Trade Tensions with US

China has imposed sweeping new controls on rare earth exports, tightening its grip on global supply chains for critical minerals. The move has triggered immediate retaliation threats from the Trump administration and renewed trade war tensions ahead of expected high-level negotiations between the two economic powers.

Trade War Escalation Over Critical Minerals

China has implemented significant new restrictions on rare earth elements exports, according to reports from the country’s Ministry of Commerce. The recently published “announcement No. 62 of 2025” establishes stringent controls that analysts suggest could dramatically impact global technology and defense supply chains.

by Sarah Collins