Copper miners gain on signs of tight feedstock supply

Hudbay Minerals

26/12/2025 11:04

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

** The most-active copper contract on the Shanghai Futures Exchange SCFcv1 closed daytime trading up 3.6% at 98,720 yuan ($14,083.34)/metric ton

** Prices rise on signs that feedstock supply will continue to be tight next year, and China's plans to rein in copper projects to curb irrational expansion

** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N up 1.4% and 0.5%, respectively

** Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 2.7% and 3.2%, respectively

** Canada's Hudbay Minerals HBM.N, HBM.TO up 2.2%, Teck Resources TECK.N, TECKb.TO rises 1.5% and Ero Copper ERO.N, ERO.TO gains 3.6%

(Reporting by Katha Kalia in Bengaluru)

((katha.kalia@thomsonreuters.com))