* EU seals 130-billion euro financing deal with Greece * Collahuasi extraction operations resume after snow halt * Coming Up: Chicago Fed National Activity Index, 1330 GMT By Susan Thomas LONDON, Feb 21 (Reuters) - Copper rose on Tuesday as the euro gained after the single-currency zone's finance ministers sealed a bailout package for Greece, which also increased investors' appetite for assets perceived as risky such as industrial metals. Copper has risen by 10 percent so far this year, hitting a five-month high this month as Greece moved closer to securing rescue funds, calming worries about the euro zone debt crisis. But analysts say copper's gains may be hard to sustain unless demand from top consumer China picks up. Three-month copper on the London Metal Exchange (LME) rose 1.7 percent to $8,375 a tonne by 0953 GMT, extending Monday's modest gains, but still below its 200-day moving average of $8,398.47. The agreement on the 130 billion euro ($172 billion) bailout programme, while long expected, will help Greece meet repayment needs next month, sparking a knee-jerk rise in the euro against the dollar. A weaker dollar can lift dollar-denominated commodities by making them more affordable for consumers using other currencies. But many market participants said any relief over the bailout deal was likely to be eclipsed by concerns of more uphill battles for Europe to fix its economic problems. "We've had positive news from Greece. Partly that's kicking the can down the road, but the markets are somewhat relieved at that," said Dan Smith, head of metals research at Standard Chartered. "We've been maintaining a bullish view in the medium term, funds are still very interested in copper...We still see the medium-term outlook to the upside."BURDEN With the Greece burden out of the way, at least for the meantime, investor focus will likely turn to Chinese demand. Demand from the world's biggest copper consumer has been slack, with copper stocks in Shanghai warehouses at their highest in nearly a decade last week. But copper stocks in warehouses monitored by the LME continued to fall, with the latest data showing a drop of 450 tonnes to 305,425, their lowest point since early September 2009. China's imports of refined copper fell to 335,480 tonnes in January from a record 406,937 tonnes in December, according to a data breakdown from the General Administration of Customs released on Tuesday. China's imports of refined copper fell to 335,480 tonnes in January from a record 406,937 tonnes in December, according to a data breakdown from the General Administration of Customs released on Tuesday. A week-long Lunar New Year holiday in China slowed import volumes last month, traders said. On the supply side, the world's No. 3 copper mine, Chile's Collahuasi has resumed extraction operations after they were halted on Sunday due to severe snow. The mine, owned jointly by Anglo American Plc and Xstrata Plc , produced 504,000 tonnes of copper in 2010. Chile's copper-rich northern region has been hit by heavy rains, snow and hail in the past few days. Tin was up 1.5 percent at $23,850 from $23,525 at Monday's close while zinc was up 2.3 percent at $2,028 from $1,982. Lead was up 2.3 percent at $2,099 from $2,051 and aluminium was up 1.8 percent at $2,217 from $2,179. Nickel was at $20,180 from $19,750. Metal Prices at 0950 GMT Comex copper in cents/lb, LME prices in $/T and SHFE prices in yuan/T Metal Last Change Pct Move End 2010 Ytd Pct move COMEX Cu 380.50 9.70 +2.62 444.70 -14.44 LME Alum 2222.00 43.00 +1.97 2470.00 -10.04 LME Cu 8385.75 150.25 +1.82 9600.00 -12.65 LME Lead 2098.00 47.00 +2.29 2550.00 -17.73 LME Nickel 20242.00 592.00 +3.01 24750.00 -18.21 LME Tin 23801.00 276.00 +1.17 26900.00 -11.52 LME Zinc 2029.75 47.75 +2.41 2454.00 -17.29 SHFE Alu 16180.00 45.00 +0.28 16840.00 -3.92 SHFE Cu* 60050.00 710.00 +1.20 71850.00 -16.42 SHFE Zin 15780.00 175.00 +1.12 19475.00 -18.97 ** Benchmark month for COMEX copper * 3rd contract month for SHFE AL, CU and ZN SHFE ZN began trading on 26/3/07

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