GRAPH: Mining vs AI vs Deepseek
Cheap and cheerful Chinese AI does little to unskew relative valuation of one chipmaker against the entire mining industry.
Copper hit its highest since mid-April on Tuesday as a weaker dollar and hopes Chinese demand will remain firm helped offset investor anxiety over US and European sovereign debt concerns.
Three-month copper on the London Metal Exchange (LME) traded at $9,800.25 a tonne by 0825 GMT compared with Monday’s close of $9,694 a tonne.
