Copper miners rise, tracking price of red metal

Hudbay Minerals

28/01/2026 17:32

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

** Benchmark copper CMCU3 on the London Metal Exchange up 0.6% at $13,088 a metric ton

** Copper prices rise after the U.S. dollar slid to a four-year low and speculative investors continued to pile in with bullish bets on industrial metals MET/

** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N each up marginally

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

** Canada's Teck Resources TECKb.TO up marginally, Hudbay Minerals HBM.TO rises 3%, and Ero Copper ERO.TO inches up 2.4%

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))