Copper hits record $13,000/ton in London; Freeport-McMoRan jumps to new 52-week high (FCX:NYSE)

Copper raw industry

FactoryTh/iStock via Getty Images

Benchmark copper futures climbed as much as 4.3% in London on Monday, touching £13,000/ton for the first time[1], extending last year's 40%-plus rally as mine outages and trade dislocations prompt concerns over supplies of the metal.

A strike at Capstone

References

  1. ^ for the first time (finance.yahoo.com)