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Event Brief

Copper overtakes iron ore in annual profits at top miner

Filed: Aug 18, 2026 at 8:00 AM ET
Summary: Annual earnings at the world’s biggest miner rose to $33bn, with copper profits surpassing iron ore.
WHO: the world’s biggest miner
WHAT: Annual earnings surged to $33bn, driven by booming demand for data centres and energy networks, with copper overtaking iron ore in profits.
WHEN: Aug 17, 2026 at 9:04 PM ET
WHERE: Location not specified
WHY: Cause not yet established.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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