US copper imports could rise by up to 100% in the coming months as traders rush to capitalize on higher domestic prices ahead of potential tariffs, Goldman Sachs said in a note earlier this week. The bank cited a widening price gap between US and global copper prices, triggered by the Trump administration's investigation into copper imports for national security reasons.
The United States is likely to impose a 25% tariff on copper imports by the fourth quarter of 2025, up from an effective 11% currently priced into the market, Citi analysts said in a note on Thursday. The move, previously mentioned by former President Donald Trump, is expected to weigh on US copper consumption and prices from the second quarter of 2025, with broader reciprocal tariffs flagged from April 2, the bank said.
| Metals & Mining Industry | Materials Sector | Mr. Stephen Ronald Dunn B.A., M.B.A. CEO | OTC PINK Exchange | CA91735T1075 ISIN |
| CA Country | - Employees | 26 Sep 2012 Last Dividend | 30 Jun 2014 Last Split | - IPO Date |
US Copper Corp. is an exploration stage company, established in 2007 with a strategic focus on the exploration and evaluation of mineral properties within Canada and the United States. The company, originally known as Crown Mining Corp., underwent a name change to US Copper Corp. in April 2021, a move that reflects its concentrated efforts in copper exploration and its operational base. The headquarters of US Copper Corp. is situated in Kitchener, Canada, positioning it strategically within proximity to its exploration activities and potential markets. Over the years, US Copper Corp. has acquired 100% interests in several promising projects across North America, underscoring its commitment to discovering and developing valuable mineral deposits.
US Copper Corp. specializes in the exploration and development of mineral properties, with a particular focus on copper, nickel, gold, and silver deposits. The company's portfolio includes several significant projects, each at various stages of exploration and development: