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Copper miners gain as red metal jumps to 15-month peak on soft dollar and China deal

ReutersSep 15, 2025 5:25 PM

** Shares of copper miners gain, tracking rise in red metal's price MET/L

** Benchmark three-month copper CMCU3 on London Metal Exchange up 1.1% at $10,180 per metric ton

** Copper prices climbed to its highest in 15 months after a drop in the dollar and a deal between the U.S. and China on TikTok spurred buying by speculators who brushed off downbeat data from China

** U.S.-listed shares of global mining giants Rio Tinto RIO.N rise 1.1% and BHP Group BHP.N gain marginally

** Copper miners Southern Copper SCCO.N up ~3% and Freeport-McMoRan FCX.N rises marginally

** Canadian miners Teck Resources TECKb.TO rises 1.1% and Hudbay Minerals HBM.TO up 1.4%

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