Copper miners down after Iran denies talks to end war, attacks Israel

Hudbay Minerals

24/03/2026 12:21

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

** Benchmark three-month copper CMCU3 on London Metal Exchange down 1.4% at $11,991.50 per metric ton

** Copper prices fall after Iran denied holding talks with U.S. to end the war in Middle East and launched fresh missile attacks on Israel

** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N fall 1.3% and 1.2%, respectively

** Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N down marginally and 1.2%, respectively

** Canada's Hudbay Minerals HBM.TO, HBM.N slides 4.3%, Ero Copper ERO.TO, ERO.N down 1.2% and Teck Resources TECKb.TO, TECK.N falls 2.6%

 (Reporting by Pooja Menon in Bengaluru)

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