Australian copper miners plunge as commodity prices track global market sell-off

MAC Copper

07/04/2025 03:02

** Australian copper miners track copper prices lower as commodities and equities around the world remain subject to sell-offs amid fears of an economic slowdown as Trump's tariffs take effect MKTS/GLOB

** Australia-listed shares of Capstone Copper CSC.AX tumble as much as 17.1% to a record low of A$5.800

** Copper major Sandfire Resources SFR.AX slide as much as 9%, its most since October 2022

** Local bourse-listed shares of MAC Copper MAC.AX tumble as much as 11% to a record low

** Copper prices continue to lower on recession fears, with the benchmark CMUC3 down 6%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))