
Shares of Australian copper miners fall after U.S. President Donald Trump said he would impose tariffs on aluminium and copper imports
Stocks also pressured by analysts marking down forecasts for the metal's prices in 2025, citing uncertainty over Trump's tariffs, China's economy, and potential sticky inflation
South32 S32.AX, which generated around 15% of its 2024 operating earnings from copper, down 4.7% to its lowest since mid-January
Sandfire Resources SFR.AX falls 2.2% to lowest since Jan. 15
ASX-listed shares of Capstone Copper CSC.AX drop 2%, trading at their lowest since mid-September
Gold miner Newmont Corp NEM.AX, which also extracts copper, retreats 0.8%
BHP Group BHP.AX and Rio Tinto RIO.AX, which are in a race to seize copper assets over the past few years, up 0.9% and 0.1%, as iron ore prices firm IRONORE/