off-the-wire

Southern Copper expects turmoil from US-China trade war to hit copper

Kitco Media
By Reuters
Published:
Updated:
Reuters
Southern Copper expects turmoil from US-China trade war to hit copper teaser image

Grupo Mexico’s Southern Copper mining unit believes the US-China trade war will hit the global economy, affecting the copper sector, CFO Raul Jacob said on a call with analysts on Wednesday to discuss quarterly results.

However, he said he expected the industry to be resilient in the long-term. “We maintain a positive long-term outlook for copper,” he said.

(By Daina Beth Solomon and Marco Aquino; Editing by Brendan O’Boyle)

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