Base metals broadly rise on weaker dollar

Base metals prices largely rose on Thursday, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies, while nickel was boosted by hopes of strong demand from the battery sector.

Three-month copper on the London Metal Exchange CMCU3 rose 0.3% to $8,128 a tonne by 0618 GMT, while aluminium CMAL3 advanced 0.6% to $2,332 a tonne, lead CMPB3eased 0.3% to $2,070.50 a tonne, and tin CMSN3 declined 1.2% to $19,590 a tonne.

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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