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Copper miners fall on rising inventories and strong dollar

ReutersFeb 5, 2026 10:46 AM

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

Benchmark copper CMCU3 on the London Metal Exchange down 0.9% at $12,925 per metric ton

Global mining giants Rio Tinto RIO.N and and BHP Group BHP.N down ~3% and 3.2%, respectively

Southern Copper SCCO.N drops 1%; Freeport-McMoRan FCX.N falls 1.3%

Canada's Teck Resources TECKb.TO, TECK.N down marginally, Hudbay Minerals HBM.TO, HBM.N falls 1.5% and Ero Copper ERO.TO, ERO.N falls 2.1%

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