Copper miners rise on China stockpiling, stronger risk sentiment

U.S.-listed shares of copper miners rise premarket, tracking price of the red metal MET/L

Benchmark three-month copper CMCU3 up 3.4% at $13,323 a metric ton following news that China plans to boost stockpiles of copper and as risk sentiment rekindled among global investors

Shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N up 2.3% and 2% respectively

Copper miners Southern Copper SCCO.N climb 4.2% and Freeport-McMoRan FCX.N rise 4%

Canada's Hudbay Minerals HBM.TO, HBM.N up 5.5% and ERO Copper ERO.TO, ERO.N climbs 4.65%