October 7, 2025 09:54 PM GMT Americas Metals & Mining | North America Weak Dollar + Supply Disruptions = Elevated Pricing Ahead A weakening dollar and supply disruptions at major copper producers are pushing metal prices higher and we revise our PTs & select ratings. Upgrading SCCO and Penoles to EW. Copper supply disruptions abound, upgrade SCCO to EW. Incidents earlier this year at Ivanhoe's Kamoa-Kakula (here), Codelco's El Teniente (here), and most recently Freeport's Grasberg Block Cave (here) are expe ...