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KEFI Minerals Plc

Copper rises as Trump unveils plans to reopen economy

Copper prices rose on Friday as U.S. President Donald Trump laid out plans to reopen the world’s biggest economy, helping alleviate some worries over the prospects of a steep global recession.

Three-month copper on the London Metal Exchange (LME) rose as much as 1.6% to $5,222 a tonne, its highest since March 17.

On the Shanghai Futures Exchange (ShFE), the most-traded copper contract gained 2% to 42,320 yuan ($5,979.26) a tonne by 0130 GMT.

KEFI Minerals plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.