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Copper Price Rally Fades As Trump Tariff Bets Lose Steam; Mining Stocks Waver

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12:09 PM ET 06/09/2026

The copper price rally continued early Tuesday morning, then lost momentum, amid hopes for a U.S.-Iran peace deal, easing dollar and market positioning for a near-term decision on expanding Trump tariffs on the red metal. Mining stocks including BHP Group (BHP), Rio Tinto (RIO), Anglo American (NGLOY) and Teck Resources (TECK) trade near buy points, as does the United States…