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Copper miners fall on recession fears

ReutersApr 4, 2025 11:29 AM

Copper miners fall premarket, tracking price of the red metal

Benchmark three-month copper CMCU3 on the London Metal Exchange down 2.6% to $9,121 a metric ton

Copper prices fall as U.S. President Donald Trump's sweeping tariff plans sparked recession fears

U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N drop 3.6% and 5.4%, respectively

Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N down 4.3% and 6.8%, respectively

U.S. listed shares of Canadian miners Teck Resources TECKb.TO, TECK.N down 4.7%, Hudbay Minerals HBM.TO, HBM.N down 4.8% and Ero Copper ERO.TO, ERO.N down 4.3%

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