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fromLondon Business News | Londonlovesbusiness.com
1 week ago

FTSE 100 gives back mining-led rally - London Business News | Londonlovesbusiness.com

Yesterday, Antofagasta led a charge by miners on the FTSE 100 to lift the index out of the early morning slump, shooting up about 9% after Freeport-McMoRan set out the production impact from the suspension of its Grasberg Block Cave mine in Indonesia, the world's second largest copper mine. The firm said it would lower third-quarter consolidated sales by approximately 4% for copper and 6% for gold compared to its July estimates.
Business
Tech industry
fromTheregister
2 months ago

Semiconductor industry could short out as copper runs dry

Climate change threatens technology due to potential shortages in copper supply linked to drought risks.
Copper demand may exceed supply as climate impacts intensify.
Digital life
fromTechzine Global
2 months ago

Climate change threatens one-third of global chip production

One-third of global semiconductor production is at risk from climate change, jeopardizing the $1 trillion industry if adaptations are not made.
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