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Copper prices hit 3-week high amid threat of BHP Group mine strike

Bloomberg ·

  1. 1A union representing about one-fourth of workers at BHP Group's Escondida mine announced a strike starting at 8 a.m. local time on Wednesday.
  2. 2Copper prices rose toward $14,700 per ton.
  3. 3New York Fed President John Williams said it would be appropriate for the Fed to add one more interest rate hike this year.

So what's the key point?

BHP Group mine workers have announced they will stop working. Copper prices are rising toward $14,700 per ton.

Source Bloomberg · View original ↗

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