LME WEEK: Trump’s copper tariff threat still a lucrative bet for traders
The premium for copper on COMEX has fallen to $600 a ton, a level traders say is still high enough to make a lucrative profit.
Australian exploration and development Aurelia Metals (ASX:AMI) said on Friday it has begun discussions with miner and commodities trader Glencore (LON: GLEN), which it hoped would lead to the acquisition of the Swiss company’s CSA copper mine. “The company’s high-level assessment...
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