Australian miners slip as copper weakens on Middle East uncertainty

BHP

24/04/2026 06:11

** Australian miners .AXMM fall 1.2%, on track for steepest drop since April 2

** Sub-index down 2.5% so far this week, on track to snap a four-week losing streak

** Copper slides as lingering uncertainty over Middle East negotiations and a stronger dollar weighed on sentiment MET/L

** Rio Tinto RIO.AX, BHP BHP.AX and Fortescue FMG.AX slip 0.7%, 0.3% and 4.9%, respectively

** Sub-index up 11.3% YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))