Australian copper miners rise as anticipated boost in demand lifts prices

Sandfire Resources

13/01/2026 24:54

** Australian copper miners rise on Tuesday, as optimism about robust demand in top consumer China and from data centres needed for artificial intelligence pushed prices of the red metal to record levels MET/L

** Sandfire Resources SFR.AX rose as much as 4.4%, hitting its highest level on record

** Shares of South32 S32.AX surged 2.7%, hitting their highest since early June 2024

** The broader mining sub-index is up 2.3% on Tues

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))