Copper miners gain after US court halts Trump Tariffs

ReutersMay 29, 2025 2:04 PM

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Shares of copper miners up, tracking prices of the red metal

Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.4% at $9,602 a metric ton

Copper prices rise after a federal court halted President Donald Trump's move to impose sweeping tariffs on imports from most of the United States' trading partners

U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N marginally up

Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 1.3% and ~1%, respectively

Canadian miners: Hudbay Minerals HBM.TO up 2.5% and Teck Resources TECKb.TO rises 1.1%

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