Prices of copper, often used as a gauge of global economic health, rose on Tuesday as progress in the development of a coronavirus vaccine stoked optimism that a complete economic reopening was finally in sight. Three-month copper on the London Metal Exchange rose 0.5% to $6,950 a tonne by 0123 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange advanced 0.2% to 52,150 yuan ($7,868.14) a tonne. Pfizer Inc said its experimental vaccine was more than 90% effective in preventing COVID-19 based on initial data from a large study. FUNDAMENTALS * LME aluminium rose 0.5% to $1,903 a tonne, zinc advanced 0.4% to $2,653 a tonne while ShFE nickel climbed 1.1% to 118,020 yuan a tonne and ShFE zinc was up 0.6% to 20,375 yuan a tonne. * COLUMN-China’s copper import boom leaves other metals cold: Andy Home. * Chile’s copper industry could see some of its mines put out of business if an early-stage bill to protect glaciers continues its march through Congress, Chilean mining trade group Sonami said. * For the top stories in metals and other news, click or MARKETS NEWS * Global stocks and oil jumped and Treasuries sold off on Monday as Pfizer’s announcement jolted shares, building on expectations of more stable trade policies following the U.S. election.