Shares of Metro Mining, Canyon Resources Rise on Strong Aluminum Demand

MT Newswires Live

01/05

Shares of Metro Mining (ASX:MMI) and Canyon Resources (ASX:CAY) each rose around 3% in recent Monday trade as aluminum climbed above $3,000 a ton for the first time in more than three years on tightening supply and robust demand from construction and renewable energy sectors.

Aluminum rose 0.7% to $3,015.50, marking its third straight rise on the London Metal Exchange.

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