BUZZ-Aussie copper miners fall on Trump's tariff threats, analysts' forecast cuts

Reuters
01-28
BUZZ-Aussie copper miners fall on Trump's tariff threats, analysts' forecast cuts

** Shares of Australian copper miners fall after U.S. President Donald Trump said he would impose tariffs on aluminium and copper imports

** Stocks also pressured by analysts marking down forecasts for the metal's prices in 2025, citing uncertainty over Trump's tariffs, China's economy, and potential sticky inflation

** South32 S32.AX, which generated around 15% of its 2024 operating earnings from copper, down 4.7% to its lowest since mid-January

** Sandfire Resources SFR.AX falls 2.2% to lowest since Jan. 15

** ASX-listed shares of Capstone Copper CSC.AX drop 2%, trading at their lowest since mid-September

** Gold miner Newmont Corp NEM.AX, which also extracts copper, retreats 0.8%

** BHP Group BHP.AX and Rio Tinto RIO.AX, which are in a race to seize copper assets over the past few years, up 0.9% and 0.1%, as iron ore prices firm IRONORE/

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10