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

ReutersSep 26, 2025 1:52 PM

** Shares of copper miners fall, tracking red metal prices

** Benchmark three-month copper CMCU3 on the London Metal Exchange down 0.7% to $10,190 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

** U.S.-listed shares of global mining giants Rio Tinto RIO.N down 1.1%, and BHP Group BHP.N falls 1.5%

** Copper miner Southern Copper SCCO.N down ~1%

** Canadian miners Teck Resources TECKb.TO down marginally and Ero Copper ERO.TO falls 1%

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