Trump criticizes 'anti-American' opposition following new delay of Arizona copper mine project.

Written by Emily J. Thompson, Senior Investment Analyst

Source: CNBC

Updated: Aug 20 2025

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Source: CNBC

Trump's Reaction: President Trump criticized a court's decision to block a land transfer for the Resolution Copper mine, claiming it would harm job creation in the U.S. and expressing urgency for copper production.
Legal Challenges: The 9th U.S. Circuit Court of Appeals issued a temporary restraining order against the land transfer due to opposition from groups like the San Carlos Apache Tribe, citing environmental and cultural concerns.
Mining Companies' Position: Rio Tinto and BHP, the mining companies involved, have been pursuing the project for nearly two decades and remain optimistic that the court will eventually allow the land transfer.
Economic Importance of Copper: The proposed mine is seen as crucial for meeting rising copper demand, which is essential for various industries, including renewable energy and technology, with potential economic benefits estimated at $1 billion annually for Arizona.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.