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May 29 - 01:55 PM

Copper - Miners Gain After US Court Halts Trump Tariffs

By Katha Kalia  —  May 29 - 10:05 AM

• Shares of copper miners up, tracking prices of the red metal

• Benchmark three-month copper on the London Metal Exchange up 0.4% at $9,602 a metric ton

• Copper prices rise after a federal court halted President Donald Trump's move to impose sweeping tariffs on imports from most of the United States' trading partners

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

and BHP Group marginally up

• Copper miners Southern Copper and Freeport-McMoRan up 1.3% and ~1%, respectively

• Canadian miners: Hudbay Minerals up 2.5% and Teck Resources rises 1.1%

(Reporting by Katha Kalia in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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