Nonferrous metals prices rose in London on Tuesday, buoyed by a weaker dollar and improving risk sentiment following state-backed buying of Chinese stocks.
Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.7% to $8,415 per metric ton by 0728 GMT.
SHFE copper inventories CU-STX-SGH surged by more than a third last week to 68,777 tons on Friday, the highest level since July last year.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.
