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Copper miners fall on stronger US dollar

ReutersMay 30, 2025 4:39 PM

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

Benchmark three-month copper CMCU3 on the London Metal Exchange lost 0.6% to $9,510 a metric ton

Copper prices slipped under pressure from a stronger U.S. dollar, but remained on course for their biggest monthly rise in eight months due to tighter nearby supply

U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N down 1.7% and 1.3%, respectively

Copper miners: Southern Copper SCCO.N falls 2.6%, and Freeport-McMoRan FCX.N down 2.9%

Canadian miners: Both Hudbay Minerals HBM.TO and Teck Resources TECKb.TO dip 2.2%, Ero Copper ERO.TO down 1.2%

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