Commodities news
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Copper tariff uncertainty returns as Hudbay Minerals faces policy risk
Hudbay Minerals and peers face renewed uncertainty as the White House nears a decision on refined copper tariffs, with Jefferies outlining a potential phased tariff structure starting in 2027.
Fairtrade Launches Free EUDR Geolocation Tool for Coffee Cooperatives
Fairtrade International has launched Plot Insights, a free digital platform to help coffee and cocoa cooperatives manage geolocation data for compliance with the upcoming EU Deforestation Regulation (EUDR).
ECB's Makhlouf Warns Price Pressures Persist Despite Iran Deal
ECB's Gabriel Makhlouf downplays the impact of a US-Iran peace deal on euro-area inflation, signaling that underlying price pressures remain persistent.
Kidisle Coffee Maker Recall After 27 Burn Injuries Reported
The CPSC recalled 17,600 Kidisle single-serve coffee makers after 107 incident reports and at least 27 burn injuries, including first- and second-degree burns.
Gloom Coffee Opens First Seattle Cafe in Pioneer Square
Gloom Coffee has opened its first brick-and-mortar cafe in Seattle's Pioneer Square, featuring in-house roasting and cocktail-inspired nonalcoholic drinks, marking a notable expansion in the specialty coffee scene.
Race to Turn AI Compute Into a Commodity Spurs New Crypto Boom
The push to standardize AI computing power as a tradeable commodity is fueling a new wave of crypto projects, with blockchain-based marketplaces emerging to match supply and demand for GPU resources.
Former De Beers CEO Gareth Penny Leads Race to Buy Diamond Giant
A consortium led by former De Beers CEO Gareth Penny is the frontrunner to acquire the world's largest diamond miner, as the Iran war disrupted other bidders.
Star of the West to Build Corn Mill at Former Flour Site in Michigan
Star of the West will build a corn mill at its former flour milling site in Quincy, Michigan, expanding into corn processing amid shifting grain demand.
Poland Floats ‘Copper Valley’ Idea as Lumina Metals Surges on Warsaw Bourse Debut
Poland proposed a ‘Copper Valley’ initiative to boost domestic production, as shares of Canada's Lumina Metals surged on its Warsaw Stock Exchange debut, highlighting investor appetite for copper amid rising demand.
Osisko Metals Stock Looks Expensive After Gaspé Copper Drill Results
Osisko Metals shares have surged over 300% in the past year, and despite promising drill results from the Gaspé Copper Project, the stock may be overvalued at current levels.
La Verde Hits 391 m of 0.51% CuEq from Surface in Chile
La Verde's diamond drill hole DKD044 returned 391.1 m grading 0.51% copper equivalent from surface, reinforcing the project as a major coastal copper-gold porphyry discovery in Chile.
First Quantum Minerals Surges 5.8% on Copper Rally
Shares of First Quantum Minerals jumped 5.8% in heavy volume, tracking copper futures near record highs as improved US-Iran relations and AI-driven demand boosted sentiment.
Oil Falls Further as Demand Concerns Weigh on Sentiment
Oil prices extended losses as renewed demand worries, driven by weak economic data and rising supply expectations, weighed on market sentiment.
Star Copper Begins Drilling at Star East and Copper Creek Targets
Star Copper has completed the first drill hole at the Star East target with excellent core recovery, and is now redeploying to test a large geophysical signature at Copper Creek, backed by over $12 million in flow-through financing.
Aluminum Hits 3-Month Low as China Data Adds to Downside Pressure
Aluminum prices fell to their lowest since March as weaker-than-expected Chinese economic data weighed on industrial metals, with traders also monitoring geopolitical risks from US-Iran peace talks.
FTSE 100 Underperforms European Rally as Commodity Stocks Weigh
The FTSE 100 lagged its European peers as weakness in commodity-linked stocks offset gains in other sectors, highlighting the index's sensitivity to raw material prices.
BHP and Rio Tinto Bet on India as Steel’s Next Growth Engine
BHP and Rio Tinto are increasingly looking to India as the next major growth driver for global steelmaking, signaling a strategic shift as the world's top iron ore suppliers prepare for a future beyond China.
Trump Iran Deal Faces Skepticism as Strait of Hormuz Deadline Looms
European allies doubt President Trump's Iran deal will reopen the Strait of Hormuz by June 19, straining ties with Israel and raising oil supply risks.
Nucor Stock Valuation Reassessed After Strong Recent Share Price Momentum
Nucor's stock has surged over 17% in the past month and 122% over the past year, prompting investors to reassess its valuation at the current price of US$266.35.
Coffee Equipment Pros Opens Texas Roastery Showroom
Coffee Equipment Pros opened a 2,100-square-foot working roastery showroom in Spicewood, Texas, offering in-person and virtual demos to support its online marketplace for new and used roastery equipment.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.