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<WIRE> Copper Miners on Rise Prior to China's Holiday, Featuring Rio Tinto (ASX:RIO) and BHP Group (ASX:BHP)



Copper miners, including global mining giants Rio Tinto (ASX:RIO) and BHP Group (ASX:BHP), are witnessing an upward trend, mirroring the rise of copper prices on the London Metal Exchange.

The benchmark three-month copper is noted to be up by 0.4% at $8,147.50 per tonne.

The increase happens as traders square up their positions anticipating a prolonged public holiday in China.

U.S.

listed shares of Rio Tinto and BHP Group saw a 1.9% hike each.

In addition, Southern Copper, and Freeport-McMoRan saw a positive shift of 2.1% and 1.6% respectively.

Meanwhile, Canadian miners including First Quantum Minerals, Hudbay Minerals and Teck Resources experienced an increase between 1.3% and 2.3%.

Rio Tinto is a global mining firm involved in metal and mineral exploitation.


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