BusinessCopper Rises Amid Chile Mine Strike and Supply Concerns
Copper prices edged higher due to a strike at Chile's Centinela mine, adding to supply risks. Two unions began striking, impacting output within two weeks, though production projections remain unchanged. The strike follows ongoing wage talks at BHP's Escondida mine. Gains were limited by a stronger dollar and weaker global markets, with US stocks retreating from record highs and Treasury yields near 2002 levels.
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