Freeport-McMoRan might be positioned for meaningful gains on the heels of President Donald Trump's copper tariffs, according to Morgan Stanley.
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HSBC sees shares of Freeport-McMoRan rising 20% from here.
The price of copper is trending higher, but has risks in both directions in the future, Morgan Stanley says.
U.S. President Donald Trump's announcement of a proposed 50% tariff on copper imports has raised concerns in Chile and Peru,…
The convergence of AI, defense and energy transition themes is putting copper supply chain challenges in the frame.
Mining disruptions, supply constraints and tariff fears have sent copper prices to record highs this year.
While the cost of copper is going up for American businesses and consumers, the rest of the world is scratching its head while it…
