https://www.engineeringnews.co.za/article/green-revolution-gets-more-expensive-as-copper-price-surges-2021-03-04
If copper’s rally proves long-lasting and pushes up the cost of green investment, some wind farms may use cheaper aluminum where they can. Prices have risen less sharply, up 28% in the past year compared with 62% for copper. Demand for aluminum in power grid infrastructure is estimated to reach 7.6-million metric tons by 2050, according to BNEF.
LAST Up 10.5 % to 32.78
March 3rd
LAST 4.07
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=copper&x=45&y=18&time=100&startdate=1%2F1%2F2020&enddate=4%2F4%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Wow - These news reports on the day of this chart
http://ih.advfn.com/stock-market/NYSE/teck-resources-TECK/stock-news/84374235/teck-tops-q4-earnings-estimates-on-copper-price-st
http://ih.advfn.com/stock-market/NYSE/teck-resources-TECK/stock-news/84369759/teck-resources-eps-beats-by-c-0-07-beats-on-reven
http://ih.advfn.com/stock-market/NYSE/teck-resources-TECK/stock-news/84367873/teck-resources-declares-cad-0-05-dividend
http://ih.advfn.com/stock-market/NYSE/teck-resources-TECK/stock-news/84364112/teck-resources-q4-2020-earnings-preview
Last but not least
http://ih.advfn.com/stock-market/NYSE/teck-resources-TECK/stock-news/84387279/copper-miners-rally-as-metal-soars-to-nine-year-hi
Those reports there to go with this earnings-date chart :
The reports were all "glowing" (I'm currently assuming) but the share price just totally and absolutely TANKED.....
Which I suspect is due the above COPPER chart......* Prices are encountering Resistance
It's just "all-about" the $25 Level in Teck Corp and the $30 Buck Level in Alcoa and the $4.50 Level in Copper !
Nice !
Recent TECK News
- Teck Update on Trail Operations’ Electrolytic Zinc Plant • GlobeNewswire Inc. • 09/25/2024 11:24:26 PM
- Teck Announces New Structure to Support Energy Transition Metals Growth • GlobeNewswire Inc. • 08/30/2024 09:39:03 PM
- Cruise and Uber Join Forces for Robotaxis, Alibaba Shifts Primary Listing to Hong Kong, Altria Hikes Dividend 4.1% • IH Market News • 08/23/2024 12:20:26 PM
- Teck Reports Unaudited Second Quarter Results for 2024 • GlobeNewswire Inc. • 07/24/2024 05:20:15 AM
- Teck Announces Upsizing and Results of its Cash Tender Offers • GlobeNewswire Inc. • 07/15/2024 11:43:36 PM
- Teck Announces Pricing of Cash Tender Offers • GlobeNewswire Inc. • 07/15/2024 07:32:42 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/12/2024 08:36:43 PM
- Teck Announces Dividend • GlobeNewswire Inc. • 07/11/2024 06:19:28 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/11/2024 05:49:19 PM
- Teck Announces Completion of Steelmaking Coal Sale • GlobeNewswire Inc. • 07/11/2024 05:03:30 PM
- Teck to Release Second Quarter 2024 Results on July 24, 2024 • GlobeNewswire Inc. • 07/10/2024 10:09:09 PM
- Tesla Listed for China’s Government Vehicles; Macy’s Acquisition Offer Raised, and More News • IH Market News • 07/05/2024 12:13:34 PM
- Teck Announces Cash Tender Offers for up to US$1.25 Billion of Debt Securities • GlobeNewswire Inc. • 07/05/2024 03:04:09 AM
- Teck Receives Regulatory Approval for Sale of Steelmaking Coal Business • GlobeNewswire Inc. • 07/05/2024 03:00:30 AM
- Teck Provides Steelmaking Coal Sales and Pricing Update • GlobeNewswire Inc. • 07/04/2024 09:52:48 PM
- Teck Named to 2024 Best 50 Corporate Citizens in Canada • GlobeNewswire Inc. • 06/26/2024 10:24:30 PM
- Teck to Present at the BofA Securities 2024 Global Metals, Mining and Steel Conference • GlobeNewswire Inc. • 05/07/2024 09:49:43 PM
- Teck Reports Voting Results from Annual Meeting of Shareholders • GlobeNewswire Inc. • 04/25/2024 10:50:19 PM
- Teck Announces Dividend • GlobeNewswire Inc. • 04/25/2024 07:00:19 PM
- Southwest Shares Tumble 9.6% Post $231 Million 1Q Loss, AstraZeneca Surges on 19% Annual Increase, and More on Earnings • IH Market News • 04/25/2024 11:52:46 AM
- Teck Reports Unaudited First Quarter Results for 2024 • GlobeNewswire Inc. • 04/25/2024 05:00:35 AM
- Teck to Release First Quarter 2024 Results on April 25, 2024 • GlobeNewswire Inc. • 04/05/2024 09:15:59 PM
- Teck Provides Steelmaking Coal Sales and Pricing Update • GlobeNewswire Inc. • 04/04/2024 09:10:36 PM
- Teck Reports 2023 Sustainability Performance • GlobeNewswire Inc. • 03/14/2024 09:30:31 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/22/2024 03:41:35 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM