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