Copper rises as Chile unrest raises supply concerns

Copper prices hovered around a one-month high on Tuesday as protests in top producer Chile intensified, raising concerns about supply shortages.

Thousands of Chileans protested in Santiago against high living costs, prompting President Sebastian Pinera to declare that the country was “at war” with vandals.

The union of workers at BHP’s Escondida, the world’s largest copper mine, will hold a day-long strike on Tuesday in a show of solidarity with protests in Chile.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

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