Copper miners slump amid lockdowns, rate hike worries

Boliden AB

25/04/2022 09:32

** Shares of European copper miners fall on Monday as
continuing lockdowns in China and potential rate hikes in the
United States hit metal benchmark prices  urn:newsml:reuters.com:*:nL2N2WN034
    ** Boliden  BOL.ST  falls 7.5%, Anglo American  AAL.L  and
Glencore  GLEN.L  are down 7% and Aurubis  NAFG.DE  slumps 6.5%
    ** Copper contract on Shanghai Future Exchange fell 1.2%
after the China authorities started to fence up areas infected
by COVID-19  urn:newsml:reuters.com:*:nL8N2WM065
    ** Copper miners' stocks among top fallers on STOXX 600
 .STOXX 

 (Reporting by Boleslaw Lasocki)
 ((boleslaw.lasocki@tr.com))