Copper miners fall as China's factory activity misses expectations

ReutersJun 3, 2025 11:21 AM

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Benchmark three-month copper CMCU3 on the London Metal Exchange down 0.5% at $9,571 per metric ton

Copper prices fell as factory activity in top metals consumer China missed expectations, indicating that U.S. tariffs were affecting the manufacturing superpower while trade tensions between Washington and Beijing drag on

Shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N fall 2.5%

Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N both down 1%

Canadian miners: Hudbay Minerals HBM.N down marginally and Teck Resources TECK.N dips 1.5%

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