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Stock impact report

Copper Heads Toward $12,000 a Ton as Banks Predict Further Gains [Yahoo! Finance]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Yahoo! Finance
With just a few trading days left before year-end on the London Metal Exchange, copper is up almost 40% in its biggest annual gain since 2009. The metal that's crucial for the energy transition has powered higher in recent months as growing concerns about tightening global supply have outweighed a slowdown in demand. Most Read from Bloomberg ICE Plans Detention Expansion With Deal to Design 'Mega Centers' With Mamdani, the Humble Bus Gets Its Due NYC High Line-Area Building Floats $53 Million Bankruptcy Sale NYC's Adams Challenges Mamdani Rent Freeze With Board Picks Airbnb's NYC Comeback Dashed After Bill Easing Restrictions Dies The immediate driver is a rush of metal to the US — aimed at front-running potential import tariffs — that threatens to leave the rest of the world undersupplied. But this year's advance has also been fueled by unplanned mine outages and the buzz around its use in the infrastructure for artificial intelligence. Investors have piled into future Show less Read more
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