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PICK's copper bet faces critical test as China infrastructure spending looms

The iShares Global Metals & Mining ETF (PICK) surged 66% over the past year from $35 to $58 per share. PICK holds BHP, Rio Tinto, Freeport-McMoran and Glencore with heavy copper concentration.
csis.org

China’s Gray-Zone Infrastructure Strategy on the Tibetan Plateau: Roads, Dams, and Digital Domination

China’s use of critical infrastructure to control downstream water supply will threaten vital economic activities and life. China’s People’s Liberation Army (PLA) will leverage rail and road networks ...

OPINION | India strengthens border infrastructure as China builds strategic advantage

India is expanding border infrastructure to match China. Rising tensions and past gaps show the need for faster development ...
AOL

PICK’s Copper Bet Faces Critical Test as China Infrastructure Spending Looms

Sun, January 25, 2026 at 1:10 PM UTC The single biggest factor affecting PICK is China's economic health. China consumes roughly half of the world's copper, iron ore, and steel, making its industrial ...