Australian miners climb on global commodity price boost

IGO

20/11/2025 04:18

** Australian miners .AXMM rise 1.9% to 6,715.9 points, on track for strongest session since October 14

** Copper prices rose on Thursday, while iron ore prices recorded a two-week high overnight MET/L IRONORE/

**  Australian mining heavyweights Rio Tinto RIO.AX up 2.3% and BHP BHP.AX up 1.4%

** Global lithium prices gain further support after major Chilean supplier SQM SQMA.SN forecast upbeat demand for the battery metal

** Aussie lithium producers PMET Resources PMT.AX soars 15.9%, Liontown Resources LTR.AX adds 7.3% and IGO IGO.AX gains 4.8%

** Mining sub-index up 27.8% YTD

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com ))