Categories: India

UPDATE 4-Trump reverses Biden-era rules on copper smelters

(Updates October 24 story on October 26 to add Rio Tinto statement in paragraphs 8, 9) By Jarrett Renshaw and Ernest Scheyder WASHINGTON, Oct 24 (Reuters) – U.S. President Donald Trump on Friday reversed a Biden-era air pollution rule that had imposed stricter limits on emissions from copper smelters. The copper rule, finalized in May 2024, had required smelters to curb pollutants including lead, arsenic, mercury, benzene and dioxins under updated federal air standards. Trump's proclamation grants a two-year exemption from compliance for affected stationary sources, which the White House said would help promote American mineral security by reducing regulatory burdens on domestic copper producers. "Imposing these requirements on such a limited and already strained domestic industry risks accelerating further closures, weakening the Nation’s industrial base, undermining mineral independence, and increasing reliance on foreign-controlled processing capacity," the White House said in announcing the changes. The proclamation referenced the two copper smelters in the United States, one operated by Freeport-McMoRan in Arizona and the other by Rio Tinto in Utah. It stated the order would apply to Freeport's smelter. Phoenix-based Freeport thanked Trump and said the two-year exemption shows copper's importance for national security. "This action acknowledges the operational realities facing domestic copper smelting and provides needed time to assess and plan for appropriate regulatory reconsideration of the Copper Rule and future implementation," a Freeport spokesperson said. Rio Tinto said its Utah smelter was not affected by the 2024 order due to the company's investment in equipment that captures emissions. "Rio Tinto's Kennecott copper operation in Utah has a long-standing commitment to reducing its environmental footprint through innovation and investment," a Rio spokesperson said. Trump signed an executive order earlier this year that identified copper as a critical material for defense, infrastructure and emerging technologies, including clean energy and electric vehicles. It led to a Section 232 investigation to determine whether copper imports threaten U.S. national security, particularly due to dependence on a small number of foreign suppliers. Following the review, the administration imposed a 50% tariff on certain imported copper and mandated that an increasing percentage of high-quality scrap copper produced in the U.S. be sold domestically. (Reporting by Jasper Ward; Editing by Costas Pitas, Sam Holmes, Tom Hogue and Nia Williams)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Beyond Policy: Closing India’s Credit Gap for Women Entrepreneurs

New Delhi [India], March 21: India’s entrepreneurial landscape is changing rapidly. More women today are…

2 days ago

Anaemia Awareness Becomes a Public Health Movement in Indore, Madhya Pradesh, India

Dr. A.K. Dwivedi’s Campaign Reaches Over 2 Million People Indore (Madhya Pradesh) [India], March 19:…

3 days ago

250+ Entrepreneurs from 24 Cities Converge in Surat for CorporateConnections India’s BHAF 2026

Surat (Gujarat) [India], March 20: Surat emerged as the meeting point of India’s entrepreneurial leadership…

3 days ago

Yuvarambh 2026: Building Real Pathways for Youth Entrepreneurship

Platform brings youth, industry and incubators together to explore entrepreneurship as an emerging livelihood pathway…

4 days ago

CDSL–KPMG in India Report Calls for Data-Led Transformation of India’s Securities Market, Proposes ‘3C’ Framework

Mumbai (Maharashtra) [India], March 19: Central Depository Services (India) Limited (“CDSL”), Asia’s first listed depository,…

4 days ago