Base metal prices rise, reports indicate that the Trump administration will set reference prices for germanium, gallium, antimony, and tungsten for the first time
The prices of base metals have risen, with London tin up over 4%, London nickel up nearly 4%, and London copper up over 2%. The Trump administration will set reference prices for germanium, gallium, antimony, and tungsten for the first time, using an artificial intelligence model created by the Department of Defense to set prices for global trade. The market carries risks, and investment should be approached with caution
On the 24th, base metal prices surged, with London tin rising over 4%, London nickel increasing nearly 4%, and London copper climbing over 2%.
Reports indicate that the Trump administration will utilize an artificial intelligence model created by the U.S. Department of Defense to set reference prices for critical minerals in global trade groups. This will be the first time the Trump administration establishes reference prices for germanium, gallium, antimony, and tungsten.
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