Uranium and Energy Metals
US Copper Price Hits Fresh Record as Tariff Stockpiling Tightens Supply
The US copper price climbed to a fresh record Wednesday as tariff uncertainty continued to pull metal into domestic warehouses while inventories declined in other major markets. Copper for September delivery touched $6.7045 per pound, equivalent to $14,781 per tonne, on the Comex. The contract surpassed its previous intraday high of $6.69 per pound, highlighting…
American Uranium Lifts Indicated Resources 72% at Lo Herma
American Uranium Limited (ASX: AMU, OTCQB: AMUIF) has released an updated resource estimate for its flagship Lo Herma project in Wyoming’s Powder River Basin, reporting a 16% increase in total resources to 9.96 million pounds of U3O8, the tradeable form of uranium oxide used to gauge project size in the industry. According to a press…
What is Cobalt Used For and Where Does it Come From?
Cobalt is one of the most geographically concentrated commodities in the entire mining sector — a single country, the Democratic Republic of Congo, produces more than 70% of the world’s supply, giving Kinshasa a degree of market power over cobalt comparable to what OPEC has historically held over oil. Recent DRC policy decisions have sent…
What is Nickel Used For and Why Does it Matter?
Nickel occupies an unusual position among industrial metals: it is simultaneously an old-economy commodity essential to stainless steel — a market that has existed for over a century — and a new-economy battery metal central to the electric vehicle transition. That dual identity, combined with the extraordinary rise of a single country, Indonesia, to dominate…
What Drives Copper Prices and Why It Matters for the Global Economy
Traders and economists have nicknamed copper “Dr. Copper” for a reason — its price has historically tracked global economic activity with remarkable accuracy, since the metal is embedded in nearly every sector of the modern economy from construction and power grids to electronics and vehicles. In early 2026, copper hit fresh record highs above $14,000…
