Copper miners gain as stock markets stabilise, supply concerns persist

Ero Copper

19/11/2025 15:46

Updates

** Shares of copper miners rise, tracking higher prices of the red metal MET/L

** Benchmark copper CMCU3 on the London Metal Exchange (LME) up 0.8% at $10,810 a metric ton

** LME copper had shed nearly 5% when it hit a near two-week low on Tuesday from a record peak of $11,200/metric ton touched on October 29

** Copper prices recover as some investors regarded the recent pull-back as a good entry point, while stock markets stabilise amid persistent supply concerns

** U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N each up marginally

** Southern Copper SCCO.N up 1.6% and Freeport-McMoRan FCX.N rises ~5%

** Canadian miners Hudbay Minerals HBM.TO up 5.9%, Ero Copper ERO.TO rises 5.4% and Teck Resources TECKb.TO gains 3.1%

 (Reporting by Pooja Menon in Bengaluru)

 ((Pooja.Menon@thomsonreuters.com;))