Trump slams ‘anti-American’ pushback after fresh delay to Arizona copper mine

Trump slams ‘anti-American’ pushback after fresh delay to Arizona copper mine


Coils, coiled copper wires, lie on pallets in the wire plant (coiler) at Aurubis AG.

Picture Alliance | Picture Alliance | Getty Images

U.S. President Donald Trump has slammed an appeals court decision to temporarily block a land transfer needed by mining giants Rio Tinto and BHP to develop what is slated to become one of the country’s biggest copper mines.

In a post on social media platform Truth Social on Tuesday, Trump said the latest setback to Arizona’s Resolution Copper mine would impact thousands of jobs at a time when the world’s largest economy “quite simply, needs Copper — AND NOW!”

His comments came shortly after he met the chief executives of Rio Tinto and BHP at the White House, alongside Interior Secretary Doug Burgum.

Two of the world’s largest mining firms, Rio Tinto and BHP have been trying to develop the Arizona copper project together for roughly two decades, but the procedures have been beset by legal issues.

The 9th U.S. Circuit Court of Appeals on Monday issued a temporary restraining order to prevent a land transfer while the court considers challenges that have been brought by opponents including the San Carlos Apache Tribe, which is seeking to block the project over religious, cultural and environmental reasons.

“It is so sad that Radical Left Activists can do this, and affect the lives of so many people. Those that fought it are Anti-American, and representing other Copper competitive Countries,” Trump said in a Truth Social post.

Members of the Native American group Apache Stronghold hold protest cards ahead of formally asking the U.S. Supreme Court to overturn an earlier ruling allowing Rio Tinto to develop the Resolution Copper mine in Arizona, outside the court in Washington, U.S., September 11, 2024.

Piroschka Van De Wouw | Reuters

Resolution Copper described the Monday ruling as “merely a temporary pause,” adding it was confident the court would ultimately affirm the necessary land transfer.

“This proposed mine is a rip-off, will destroy a sacred area, decimates our environment, threatens our water rights, and is bad for America,” Terry Rambler, chairman of the San Carlos Apache Tribe, said in a Facebook post.

Addressing Trump’s Truth Social post on the recent court ruling, Rambler said the U.S. president’s comments “mirror misinformation that has been repeated by foreign mining interests that want to extract American copper.”

He added that he was willing to meet with the Trump administration to help “protect American interests.”

Copper demand

The Arizona copper project is a proposed underground mine roughly 60 miles east of Phoenix, close to the the town of Superior. The joint venture is 55% owned by Rio Tinto and 45% by BHP.

Resolution Copper says the ore deposit represents “one of the most significant untapped copper deposits today” and estimates the potential for the project to add $1 billion a year to Arizona’s economy.

A highly conducive metal, copper is a critical component to virtually everything in the modern economy, from solar panels and wind turbines to defense applications and artificial intelligence infrastructure.

Demand for copper is expected to skyrocket over the coming years, dramatically outstripping supply amid a transition to a low-carbon world.

In a LinkedIn post, BHP CEO Mike Henry thanked Trump and Burgum for “for their strong leadership to reinvigorate mining and processing supply chains in and for America.”

Alongside Rio Tinto CEO Jakob Stausholm and the company’s incoming CEO Simon Trott, BHP’s Henry said they met with Trump and Burgum to underscore the firm’s commitment to develop Resolution Copper.



Source

Markets are on tenterhooks over the UK’s budget plans, here’s what’s at stake
World

Markets are on tenterhooks over the UK’s budget plans, here’s what’s at stake

UK Chancellor of the Exchequer Rachel Reeves at a roundtable meeting during her visit to the British Steel site on April 17, 2025 in Scunthorpe, England. Wpa Pool | Getty Images News | Getty Images The Autumn Budget is always a significant event in the calendar for financial markets, but that has never felt more […]

Read More
European defense stocks slide as U.S., Ukraine make progress on peace plan
World

European defense stocks slide as U.S., Ukraine make progress on peace plan

A Rheinmetall MAN Military Vehicle on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images European defense stocks fell on Monday, extending declines as Ukraine and the U.S. made progress on peace proposals over the weekend. The Stoxx Europe Aerospace and Defense index was 0.7% lower during morning deals, […]

Read More
European stocks start the week higher, following global market positivity
World

European stocks start the week higher, following global market positivity

LONDON — European stocks started the new trading week on a positive note, following their global counterparts higher as hopes resurface for a Fed rate cut in December. The pan-European Stoxx 600 was up 0.4% shortly after Monday’s opening bell, with most major bourses and sectors in positive territory. The U.K.’s FTSE index opened 0.37% […]

Read More