Australian miners jump led by BHP results, copper prices surge

Rio Tinto

18/08/2026 02:00

** Australian miners  .AXMM rise as much as 1.6%, their highest level in a week
** Miners gain on the back of rising copper prices that hit their highest in more than six months on Monday MET/L
** The world's largest copper producer, BHP Group BHP.AX rises as much as 4.2% after the miner logged FY underlying attributable profit of $13.20 bln, above Visible Alpha consensus of $12.66 bln
** Rival Rio Tinto RIO.AX up as much as 0.6%
** YTD, AXMM up 18.4%

(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))