Copper 17 March 2026

Glencore’s Argentina Copper Restart Moves Into Focus After Sandvik Drill Deal
···

Glencore’s Argentina Copper Restart Moves Into Focus After Sandvik Drill Deal

Sandvik received an order to supply three DR413i rotary blasthole drill rigs for Glencore’s restart of the Bajo de la Alumbrera copper mine in Argentina, with first rig delivery set for April. Alumbrera is expected to resume operations in 2027 and begin production in 2028, targeting about 73,000 metric tons of copper through June 2031. Glencore shares fell 1.20% in London trading.
April 27, 2026
BHP stock price rises as miner files $5 billion Escondida plan, advances Arizona copper project
···

BHP stock price rises as miner files $5 billion Escondida plan, advances Arizona copper project

BHP shares closed up 1.1% after the company filed for environmental approval to build a $4.4–$5.9 billion copper concentrator at Escondida in Chile and advanced its Resolution Copper project in Arizona. Resolution, owned with Rio Tinto, secured 2,400 acres for development but faces opposition from Native groups. Copper accounted for 51% of BHP's operating earnings in the latest half, overtaking iron ore.
March 17, 2026