Copper miners slide as Grasberg-driven rally hits red metal demand

ReutersSep 26, 2025 12:01 PM

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U.S.-listed shares of copper miners fall premarket, tracking red metal prices

Benchmark three-month copper CMCU3 on the London Metal Exchange down 0.6% at $10,202.50 a metric ton

Copper prices fall as this week's rally — sparked by an accident at Grasberg, the world's second-largest mine — affected demand

Global mining giants Rio Tinto RIO.N down 1.3%, and BHP Group BHP.N falls 1.5%

Copper miners Southern Copper SCCO.N down marginally and Freeport-McMoRan FCX.N falls ~1%

Canadian miner Teck Resources TECKb.TO down marginally

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