Australia's mining stocks rise as metal prices rebound

Fortescue

26/06/2026 01:28

** Australian mining stocks .AXMM rise as much as 1.6%, snapping six straight sessions of losses
** Sub-index has, however, lost 4.1% in the week so far, on track to record its worst since mid-March
** Copper prices rebounded on Thursday after two days of heavy losses, as investors swooped in on bargain prices MET/L
** Mining majors BHP BHP.AX, Rio Tinto RIO.AX and Fortescue FMG.AX up between 1.1% and 2%
** Sub-index up 11.4% this year, including session's moves

(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))