TREE NEWS reports: London Metal Exchange copper closed $60 higher at $14,476 per tonne. Aluminium fell $16 to $3,117/tonne and zinc slipped $2 to $3,764/tonne, while lead rose $24 to $1,896/tonne, nickel gained $53 to $15,735/tonne and tin added $95 to $54,279/tonne. Cobalt was unchanged at $39,245/tonne.
LME copper closes up $60 at $14,476/tonne; most base metals mixed
AI take
Copper's gain stands out in a session where aluminium and zinc slipped, reinforcing that the red metal is currently trading on its own narrative rather than a broad base-metals bid. Cobalt's flat close is the quieter signal worth noting, since it suggests battery-chain metals are not moving in lockstep with the LME complex. Whether copper can hold its premium while the rest of the board chops sideways is the open question.
Generated by AI for reference only.
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