Copper miners rise on improving demand in China
ReutersMar 12, 2025 3:08 PM
Shares of copper miners rise tracking higher price of the red metal
Benchmark three-month copper CMCU3 on the London Metal Exchange up 1.2% at $9,780 a metric ton
Copper prices rise as traders brace for potential U.S. tariffs, while investor sentiment got a boost from signs of improving demand in China and a possible ceasefire in Ukraine
Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 0.3% and 1%, respectively
Canadian miners Hudbay Minerals HBM.TO, Teck Resources TECKb.TO and First Quantum Minerals FM.TO up between 1.1% and 2.3%
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