Locator: 49326COPPER.
World's largest mining company; Australian.
Copper: traditional growth but now AI demand.
Copper demand to grow 70% by 2050.
Resolution Mine.
- fits and starts.
- has Trump's support.
- a $10-billion FID.
In the US, a huge problem to open a new mine. Incredibly important for US government to become a partner with these mining companies but this CEO has concerns with an administration picking winners and losers.
Ticker SCCO: looked "severe" yesterday; pre-market today, looks better. The one-year chart: up 16%. Pays 2%+.
