On September 8, Southern Copper Corp rose 3.89% in regular trading, trading at $207.61/share, with turnover of $25.38 million. The rally came as copper prices surged to record highs, lifting the entire copper sector.

On the news front, LME three-month copper futures touched $14,533 per ton on September 7, an all-time high. The price surge reflects a confluence of factors: long-term structural demand growth driven by EVs and data centers, sluggish supply growth, tariff-induced inventory redistribution, and speculative buying. Chile, which accounts for roughly a quarter of global mined copper output, saw production disrupted by extreme weather, with Antofagasta and Lundin cutting guidance. Chile's August copper exports fell 14% month-over-month to $4.62 billion. UBS projects the global refined copper deficit will widen from 219,000 tons to 379,000 tons by next year, with copper prices expected to reach $15,000/ton by year-end and $15,500/ton by mid-next year.

Within the Copper sector, stocks broadly rallied. Among individual stocks, Idaho Copper Corporation up 8.21%, Ero Copper up 7.85%, TREKOR METALS up 5.56%, Freeport-McMoRan up 4.32%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)