Mining Giants Navigate Geopolitical Uncertainty

The world’s biggest mining companies are grappling with heightened geopolitical, trade, and economic uncertainty while they continue to bet on the energy transition to grow their portfolios of key transition metals such as copper and lithium.   Both BHP and Rio Tinto said this week that the long-term demand case for transition metals remains strong. But they both flagged global growth concerns as a major unknown in commodity demand in the short to medium term.  The return of tariffs under U.S. President Donald Trump, including…