China's CMOC leads rally in HK-listed materials stocks as copper soars
** Shares of Chinese mining and processing company CMOC Group 3993.HK jump 14% to HK$14.28, their highest since April 2007 debut, leading a rally in Hong Kong-listed raw material stocks
** Zijin Mining 2899.HK, Jiangxi Copper 0358.HK, MMG 1208.HK and China Nonferrous Mining 1258.HK rise between 4.6% and 9.3%
** Hong Kong's material index .HSCIM surges 4.2% to 14,084.97, its highest level since May 2008
** Copper hit its highest level in more than 15 months on Wednesday after Freeport-McMoran Inc FCX.N declared force majeure at its Grasberg mining complex in Indonesia and slashed production guidance for 2026
** A deadly landslide at the Grasberg Block Cave underground mine on September 8 prompted Freeport to suspend operations in the area
** Copper's rally pushed other base metals higher
** CGN Mining 1164.HK, Aluminum Corporation of China 2600.HK, Ganfeng Lithium 1772.HK and Tiangong International 0826.HK climb 1.7% to 4%
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