Copper Shows Resilience Amid Consideration as a Critical Mineral

From etfdb.com

Despite tariff contagion upending prices at the tail end of July, copper continues to push higher ahead of its industrial metal peers as seen in its S&P indexes. This performance comes as copper is under consideration as a critical mineral by the US Geological Survey (USGS). The S&P GSCI Copper Index highlighted increasing prices and performance versus the broader industrial metals index. This is despite heavy volatility earlier in the year, Liberation Day, and most recently, the 50% tariffs on copper imports. Those tariffs were mostly isolated to copper pipes, wires, rods, sheets, and tubes, as well as pipe ... (full story)