Copper, lead strengthen on industrial demand

Earlier this month, Freeport obtained an export permit for the rest of the year from the government.

Mining industry legends discuss the backstories on their multibillion-dollar successes.

Millions of feet of copper wiring will be required for strengthening the world’s power grids, and hundreds of thousands of tonnes more are needed to build wind and solar farms.

The output cuts underscore the industry’s struggle with a shortage of feedstocks caused by recent mine production setbacks.