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Copper miners fall as red metal hits one-week low ahead of Fed rates call

ReutersSep 17, 2025 12:50 PM

** U.S.-listed shares of copper miners down premarket, tracking a decline in red metal prices

** Benchmark three-month copper CMCU3 on London Metal Exchange down 1.6% at $9,963 a metric ton

** Copper prices hit a one-week low as traders trimmed positions ahead of a decision on U.S. interest rates from the Federal Reserve, while demand from top metals consumer China was muted by the recent copper rally

** Global mining giants Rio Tinto RIO.N down 0.6% and BHP Group BHP.N falls 1.2%

** Copper miners Southern Copper SCCO.N down marginally and Freeport-McMoran FCX.N falls 1.2%

** Canadian miners Hudbay Minerals HBM.N dips 1.1% and Ero Copper ERO.N down marginally

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