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Copper miners rise as metal hits 17-month high on U.S.-China trade deal optimism

ReutersOct 27, 2025 2:11 PM

Shares of copper miners gain, tracking a rise in red metal prices

Benchmark copper CMCU3 on the London Metal Exchange up 0.4% at $11,011 a metric ton, after earlier touching $11,094 a ton, the highest since May 20 last year

Copper prices hit a 17-month high on signs of easing U.S.-China trade tensions and hopes for stronger demand

U.S.-listed shares of global mining giants Rio Tinto RIO.N up 0.8% and BHP Group BHP.N gain 1.4%

Copper miner Southern Copper SCCO.N up 1.2%

Canadian miners Ero Copper ERO.TO and Teck Resources TECKb.TO each up marginally

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