The Race Is On to Build U.S. Copper Mines After Trump Pledges Higher Tariffs - WSJ
1. Construction of Ivanhoe Electric's Santa Cruz mine begins early next year. 2. U.S. copper prices surged due to a 50% tariff on imports. 3. The mine's private location accelerates its permitting process. 4. Demand for copper is growing in tech and renewable energy sectors. 5. Expected production costs are significantly lower than current market prices.