Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Alt Assets

Why Investors Are Going Crazy for Copper: The $43 Billion Battle

by Team Lumida
May 17, 2024
in Alt Assets, News
Reading Time: 3 mins read
A A
0
brown and white rope on brown wooden surface

Photo by Patrycja Grobelny on Pexels.com

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways

  1. U.S. and China compete fiercely for copper, vital for EVs and data centers.
  2. First Quantum Minerals’ $3 billion Zambian mines attract global interest.
  3. Copper demand spikes amid green-energy transition and AI growth.

What Happened?

The global race for copper has intensified as the U.S. and China vie for control over this critical metal. After financial troubles hit one of the world’s top copper producers, the Biden administration began discussing a potential $3 billion stake in First Quantum Minerals’ Zambian mines with various international entities.

The goal is to keep these assets away from Chinese control and ensure a stable supply of copper, essential for electric vehicles, transmission lines, and data centers. Meanwhile, BHP Group made a record $43 billion bid for Anglo American, highlighting the escalating demand for copper. Although Anglo American rejected the offer, it plans to focus more on copper by divesting other commodities.

Why It Matters?

Copper is crucial for the green-energy transition and technological advancements, making it a valuable asset. The U.S. and other countries aim to secure reliable sources of copper to reduce dependence on China, which aggressively acquires global mining assets.

This competition could influence copper prices and availability, affecting industries reliant on this metal. Investors should note that increased demand and strategic acquisitions could boost the market value of copper-related stocks and drive significant capital flows into mining companies.

What’s Next?

The bidding war for First Quantum Minerals’ assets is expected to conclude later this year, potentially reshaping the global copper supply landscape. As the U.S. government collaborates with private and international partners, watch for more strategic investments in mining projects. The International Development Finance Corp. plans to increase its financing for mining initiatives, which could further support the U.S. position in the global metals market.

For investors, this ongoing competition underscores the importance of monitoring geopolitical developments and their impact on commodity markets, particularly as demand for copper continues to rise.

Previous Post

Global Baby Bust: Why Falling Birthrates Are a Red Flag for Investors

Next Post

The Truth About Full-Body MRIs: A $2,500 Investment in Your Health?

Recommended For You

Wall Street Prices Optionality on Trump Tariffs Ahead of Supreme Court Ruling

by Team Lumida
1 day ago
Wall Street Prices Optionality on Trump Tariffs Ahead of Supreme Court Ruling

Key Takeaways Powered by lumidawealth.com Banks are brokering claims trades where importers sell future tariff-refund rights at a discount; hedge funds take legal risk for potential multi-bagger payouts. Typical...

Read more

Tether Targets $15 Billion Profit and $500 Billion Valuation as Stablecoin Dominance Grows

by Team Lumida
1 day ago
a close up of a pile of crypt coins

Key Takeaways: Powered by lumidawealth.com Tether expects nearly $15 billion in 2025 profit, up from $13 billion last year, driven by high interest income on U.S. Treasuries. The company...

Read more

US and China Begin Trade Talks in Malaysia to Ease Tensions

by Team Lumida
1 day ago
US Treasury Secretary Bessent: Terming Out US Debt Is “A Long Way Off”

Key Takeaways Powered by lumidawealth.com US Treasury Secretary Bessent and Chinese VP He Lifeng began talks Saturday in Kuala Lumpur to defuse trade standoff ahead of Trump-Xi summit Thursday...

Read more

China’s Grip on U.S. Drug Supply Emerges as a Geopolitical “Nuclear Option”

by Team Lumida
2 days ago
China’s Financial Overhaul: Xi’s Strategy to Rebalance $9.1 Trillion Debt Crisis

Key Takeaways: Powered by lumidawealth.com China controls much of the global supply of active pharmaceutical ingredients (APIs), vital to nearly 700 U.S. medicines. Beijing has not yet weaponized its...

Read more

JPMorgan to Allow Bitcoin and Ether as Collateral in Crypto Push

by Team Lumida
2 days ago
Tax-Loss Harvesting Surge: JPMorgan’s $15 Billion Windfall

Key Takeaways JPMorgan will allow institutional clients to use Bitcoin and Ether as loan collateral by end-2025, relying on third-party custodian; builds on earlier move to accept crypto...

Read more

Trump Says He Is Terminating Trade Negotiations With Canada

by Team Lumida
2 days ago
Trump Signs Sweeping Travel Ban on 12 Countries, Introduces Restrictions on 7 Others

Key Takeaways Powered by lumidawealth.com Trump announced late Thursday he is "terminating" trade negotiations with Canada, citing Ontario government ad featuring Reagan audio criticizing tariffs as "fraudulent" and designed...

Read more

Full Impact of Tariffs on Asia-Pacific Still to Come, IMF Warns

by Team Lumida
2 days ago
Japan’s Exports to U.S. Decline as Tariffs Take a Toll on Trade

Key Takeaways IMF projects Asia-Pacific GDP growth slowing to 4.5% in 2025 (vs. 4.6% in 2024) and 4.1% in 2026 as tariff headwinds build; H1 2025 outperformance driven...

Read more

NatWest Shares Rise After Strong Customer Activity Boosts Results

by Team Lumida
2 days ago
NatWest Shares Rise After Strong Customer Activity Boosts Results

Key Takeaways Powered by lumidawealth.com Q3 operating pretax profit £2.18B (+30% YoY) vs. £1.83B consensus beat; total income £4.33B vs. £4.10B est. (+16% YoY), driven by net interest income...

Read more

Meta Charged by EU Over Handling of Illegal Content

by Team Lumida
2 days ago
a black square with a blue logo on it

Key Takeaways Powered by lumidawealth.com EU Commission charged Meta under Digital Services Act (DSA) for failing to provide simple illegal-content flagging and adequate appeal tools for content-moderation decisions on...

Read more

Alaska Air’s Profit Slips as Expenses Offset Revenue Growth

by Team Lumida
2 days ago
Alaska Air’s Profit Slips as Expenses Offset Revenue Growth

Key Takeaways Powered by lumidawealth.com Q3 profit $73M ($0.62/share) vs. $236M ($1.84/share) YoY; adj. EPS $1.05 vs. $1.09 consensus miss; revenue +23% to $3.77B (in line), but operating expenses...

Read more
Next Post
man during magnetic resonance imaging

The Truth About Full-Body MRIs: A $2,500 Investment in Your Health?

woman wearing black sports bra

Inside Equinox’s Elite $40,000 Longevity Program: What You Need to Know

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

UBS logo on glass bridge wall during daytime

UBS Beats Q4 Expectations, Announces $3 Billion Share Buyback Plan

February 4, 2025
Higher Rates Are Here to Stay: What It Means for Your Portfolio

Trump Softens Stance on Powell and China Amid Economic Warnings and Market Turmoil

April 24, 2025
black and white star logo

Ether Hits Record High, Surpassing 2021 Crypto Bull Market Peak

August 25, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018