Copper miners rise as red metal prices rebound on China stimulus hopes

Ero Copper

10/12/2025 13:47

** U.S.-listed shares of copper miners rise premarket, tracking higher prices of the red metal MET/L

** Benchmark copper CMCU3 on the London Metal Exchange (LME) up 1.2% at $11,626 a metric ton after easing by 1.3% on Tuesday and having hit a record peak of $11,771 a day earlier

** Copper prices rebounded, moving back towards record levels, on hopes for more stimulus in top metals consumer China, especially for its battered property sector

** LME copper has surged 32% this year on worries about mine disruptions causing deficits and as flows of metal to the U.S. tightens supply in the rest of the world

** Global mining giants Rio Tinto RIO.N up 1.5% and BHP Group BHP.N rises 2%

** Southern Copper SCCO.N and Freeport-McMoRan FCX.N each gains marginally

** Canada's Ero Copper ERO.TO, ERO.N adds 1.4% and Teck Resources TECKb.TO, TECK.N up 1.2%

 (Reporting by Pooja Menon in Bengaluru)

 ((Pooja.Menon@thomsonreuters.com))