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Apr 04 - 08:55 AM

Copper - Miners Fall On Recession Fears

By Tanay Dhumal  —  Apr 04 - 07:30 AM

• Copper miners fall premarket, tracking price of the red metal

• Benchmark three-month copper on the London Metal Exchange down 2.6% to $9,121 a metric ton

• Copper prices fall as U.S. President Donald Trump's sweeping tariff plans sparked recession fears

• U.S.-listed shares of global mining giants Rio Tinto

and BHP Group drop 3.6% and 5.4%, respectively

• Copper miners Southern Copper and Freeport-McMoRan down 4.3% and 6.8%, respectively

• U.S. listed shares of Canadian miners Teck Resources

down 4.7%, Hudbay Minerals down 4.8% and Ero Copper down 4.3%
(Reporting by Tanay Dhumal in Bengaluru) ((; Twitter: Click here))

Source:
London Stock Exchange Group | Thomson Reuters

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