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Copper prices rose from about $4.25/lb to above $6 amid supply-demand tightness, with S&P Global citing strategic importance and projecting demand to reach 42 million metric tons by 2040. The piece highlights copper-linked data center demand and names Blue Moon Metals (TSXV: MOON, NASDAQ: BMM), Rio Tinto, Freeport-McMoRan, BHP, and Teck. It also details Blue Moon’s Nussir drilling assays and planned resource update.

Rio Tinto CEO Simon Trott said the company has streamlined operations to focus on three product groups and four commodities, including aluminum, aiming to improve costs and performance and monetize non-core assets. He noted Resolution Copper drilling will intersect the ore body to guide development. Trott also discussed Pilbara unionization plans and Kennecott Copper extending into the 2040s.