Copper prices at the London Metal Exchange (LME) fell 1.2 percent to $ 7,033 a tonne, after rising 0.4 percent in the previous session. The average 30 day support reached $ 6,826 per ton. Copper futures on the Shanghai Futures Exchange (ShFE) gained 1 percent to 52,800 yuan ($ 8,323) a tonne. Nickel prices at ShFE also rose 1%. The dollar climbed to a one-week high on Wednesday, backed by rising short-term bond yields and Federal Reserve meeting minutes in January. See that policy makers support rising interest rates. Southern Copper Corp will invest about $ 2.5 billion in the Michiquillay Peru project, which will produce 225,000 tonnes of copper a year, starting in 2015. Chief Executive Officer Ivan Glasenberg, Glencore, showed the company’s “strongest” business results, fueled by a rebound in commodity markets, and the corporation to meet future demand for electric vehicles. LME nickel and zinc prices fell more than 2%, while aluminum and lead prices fell by 1%. Asian stocks fell on Thursday, as risk aversion rose faster than US interest rates, raising short-term bond yields to the highest level in nearly a decade and boosting the dollar.