Story perspectives
Nigeria Imports $25M Copper Amid Price Surge
9/2/2025
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Story summary
- Nigeria imported $25.24 million in copper in 2024, despite having local resources.
- Copper prices increased to $9,926 per metric tonne due to supply constraints and a weaker US dollar.
- China's manufacturing sector contracted for the fifth month, reducing copper demand.
- Nickel and zinc prices rose, while aluminium and tin prices fell.
