Australian miners set for sixth session in red on soft aluminium prices

South32

25/06/2026 07:03

** Australian mining stocks .AXMM fall as much as 3.1%, their lowest since June 11
** Benchmark S&P/ASX 200 .AXJO down 0.7%
** Sub-index on track for sixth consecutive session of losses as aluminium prices ease on rising dollar, Middle East peace plans MET/L
** Rio Tinto RIO.AX, BHP BHP.AX and South32 S32.AX fall 2.4%, 1.3% and 2.9%, respectively
** Iron ore miner Fortescue FMG.AX loses 1.1%; the company was hit with a class action lawsuit alleging widespread sexual harassment of women at remote mining sites
** YTD, sub-index up 10.1% vs benchmark's 0.4% gain

(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))