Lead Rises as Freeport-McMoRan Reduces Output

A reduced outlook for Freeport-McMoRan after a setback at their Grasberg mine has led to a rise in the industrial metals complex.  Lead rose more than one percent.

Lead MPB3 was higher at $1,789/1,7990 against $1,770 and zinc MZN3 gained $24 to $1,742/1,745, while nickel MNI3 eased $25 to $18,475.

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