BUZZ-Australian miners surge to record high on firm ironore, copper prices
I'm PortAI, I can summarize articles.
Shares of Australian miners surged to record highs, driven by rising global iron ore and copper prices. The sub-index tracking iron ore prices increased due to strong demand, while copper prices hit record levels following a strike at a Chilean mine. BlueScope Steel saw a significant rise of 21.8% after receiving an $8.8 billion buyout bid. Major players like Rio Tinto and BHP Group also experienced gains. Overall, the Australian mining sector had its best year since 2016, with a nearly 40% increase in 2025.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments