Australian miners climb to three-week high as lithium, copper stocks rally

Mineral Resources

12/11/2025 24:57

** Australian mining sub-index .AXMM rises as much as 1.4% to its highest level since October 22, outpacing a 0.1% gain in the benchmark .AXJO

** Gains in the sub-index led by lithium and copper miners, buoyed by stronger underlying metal prices

** Mineral Resources MIN.AX jumps as much as 10.8% to A$52, its highest since October 11, 2024, after signing a deal with South Korea’s POSCO Holdings

** Liontown Resources LTR.AX advances 5.6% to A$1.31, touching its highest level since June 4, 2024.

** Major miners also trade higher, with Rio Tinto RIO.AX and BHP BHP.AX up 2.3% and 1%, respectively

** Including session's gains, AXMM up 28.9% YTD

(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))