Copper miners rise on weaker dollar and supply outlook

Hudbay Minerals

23/12/2025 16:18

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

** Benchmark copper CMCU3 on the London Metal Exchange gains 1% to $12,039 a metric ton, after touching a record high of $12,132

** Copper prices rise as thin year-end trade extended momentum for speculative buying on a weaker dollar and worries about tighter supply MET/

** Global mining giants Rio Tinto RIO.N climbs 1.2% and BHP Group BHP.N up marginally

** Southern Copper SCCO.N up ~1% and Freeport-McMoRan FCX.N rises 2.6%

** Canada's Hudbay Minerals HBM.TO gains 1%, Teck Resources TECKb.TO up 4% and Ero Copper ERO.TO gains ~1%

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))