BUZZ-Copper miners dive as AI bubble fears hit

Reuters
2025.12.12 17:38
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Shares of copper miners fall, tracking lower prices of the red metal (MET/) Benchmark copper (CMCU3) on the London Metal Exchange down 3.5% to $11,415 a metric ton Copper prices plunge after hitting a record high earlier in the session, as renewed fears of the AI bubble bursting sparked a broad sell-off of riskier assetsGlobal mining giants Rio Tintoand BHP Groupdip ~3% eachSouthern Copperdown ~3% and Freeport-McMoRanfalls 1.3%Canada’s Hudbay Minerals (HBM.TO) down 1.6%, Teck Resources (TECKb.TO) falls 5.2% and Ero Copper (ERO.TO) fall ~4%