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Mar 10 - 01:55 PM

Copper - Miners Fall Under Pressure From Tariffs

By Katha Kalia  —  Mar 10 - 12:54 PM

• Shares of copper miners fall, tracking lower prices of the red metal

• Benchmark three-month copper on the London Metal Exchange (LME) fell 0.6% to $9,555 a metric ton, as the market focused on the negative consequences for global economic growth and industrial metals demand from U.S. import tariffs

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

down marginally and BHP Group fall 1%

• Copper miners Southern Copper and Freeport-McMoRan down 3% and 6%, respectively

• Canadian miners Hudbay Minerals down 5.6%, Teck Resources fall ~6% and First Quantum slips ~5%


(Reporting by Katha Kalia in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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