BUZZ-Copper miners rise as stronger yuan offsets tariff uncertainty
Reuters
Jul 02, 2025
BUZZ-Copper miners rise as stronger yuan offsets tariff uncertainty
** U.S.-listed shares of copper miners rise premarket, tracking prices of the red metal
** Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.2% at $9,951 a metric ton
** Copper prices rose as a stronger yuan currency in top metals consumer China and weak U.S. dollar offset uncertainty about global trade tensions
** Global mining giants Rio TintoRIO.N and BHP Group BHP.N rise 2.3% and 1.4%, respectively
** Copper miners Southern CopperSCCO.N and Freeport-McMoRan FCX.N up 1.3% and 1.6%, respectively
** Canadian miners Hudbay Minerals HBM.N up 1% and Teck Resources TECK.N rises 2.8%
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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