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WSJ Minute Briefing

Copper Prices Set a New Record, Topping $13,000 a Ton

WSJ Minute Briefing

The Wall Street Journal

News, Business News

4.1672 Ratings

🗓️ 6 January 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Ford reports higher fourth-quarter sales. And a Pentagon deal leads Lockheed Martin to more than triple its PAC-3 missile production. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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among real estate professionals. Here's your midday brief for Tuesday, January 6th. I'm Alex

0:36.9

Osloaf for the Wall Street Journal.

0:39.2

Copper prices hit a fresh record high, rising above $13,000 a metric ton for the first time today.

0:45.3

Traders are stockpiling copper in the U.S. because of concerns that the Trump administration could decide to impose tariffs.

0:51.7

Meanwhile, a strike at a Chilean mine has intensified supply concerns.

0:56.5

Ford's fourth quarter vehicle sales rose nearly 3% thanks to big sales of some of its cheaper

1:01.6

trucks, which more than offset a decline in electric vehicles. The automaker said sales of the Maverick

1:07.3

model jumped 54% while the Ranger truck rose 46%. Those are two of Ford's least

1:13.1

expensive trucks, and the company says customers are looking for affordability. However, EV

1:18.1

sales fail 52% after a federal tax credit expired last September. And Lockheed Martin says it will

1:25.4

more than triple its annual production of PAC-3 missile

1:28.2

segment enhancement interceptors after signing a new seven-year agreement with the Defense

1:32.6

Department. The PAC-3 MSC is designed to defend against threats from ballistic and

1:37.2

cruise missiles and aircraft, and Lockheed says it'll increase production capacity to 2,000 of them a

1:42.8

year. Heads up, an artificial intelligence tool helped us make this episode by creating summaries

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