Copper Falls as Citi Says Too Much, Too Soon; Antofagasta Slumps

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  • Antofagasta drops 11% after scrapping dividend as profit sags
  • Citigroup says it's bearish copper, zinc after overdone rally

Copper and other industrial metals fell as Citigroup Inc. said prices had advanced too much, too soon. Antofagasta Plc, a producer of the metal, slumped as much as 11 percent after canning its dividend.

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