Anglo American, Glencore climb on China property hopes, as much as copper spike

  • There was more to the share price rises in mining giants Rio Tinto Ltd (LSE:RIO) and Anglo American PLC (LSE:AAL) than just copper, analysts said on Thursday. Copper prices surged this week after former US President Donald Trump proposed a 50% import tariff, but markets had already priced in most of the risk, according to Panmure Liberum analyst Tom Price.