Copper miners rise after Trump postpones military strikes on Iranian power plants

Shares of copper miners rise, tracking higher prices of the red metal MET/L

Benchmark three-month copper CMCU3 on the London Metal Exchange up 1.7% at $12,132 a metric ton

Copper prices rise after U.S. President Donald Trump said he will order the U.S. military to postpone any military strikes against Iranian power plants and energy infrastructure

U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N rise 3.4% and 4.4%, respectively

Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 5.4% and 5.1%, respectively

Canada's Hudbay Minerals HBM.TO jumps 3.9%, Ero Copper ERO.TO gains 3.8% and Teck Resources TECKb.TO up 4.6%