Australian mining stocks rebound on higher metal prices

BHP

21/05/2026 01:50

** Australian miners .AXMM rise as much as 2.7%, biggest intraday pct gain since May 13

** Sub-index snaps five consecutive sessions of losses

** Benchmark .AXJO up as much as 1.7%

** Miners gain after a rebound in copper prices on the back of hopes that the Iran war is nearing an end MET/L

** Heavyweights BHP Group BHP.AX and Rio Tinto RIO.AX rise as much as 2.6% and 2.1% respectively

** YTD, AXGD down 14.2%, AXJO down 0.9%

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))