Policy uncertainty in Peru and Chile, which account for about 40% of global copper production, is supportive of future prices of the metal as producers balk on pulling the trigger on investments, according to Freeport-McMoRan Inc. Speaking to analysts Thursday, Chief Executive Officer Richard Adkerson said the shifting political winds in the two South American copper giants are part of the challenges that mining faces to meet growing demand as the world transitions away from fossil fuels. Adkerson, a 74-year-old mining veteran, plans to work with the industry in Peru to engage with the incoming government of ... (full story)