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Australian miners surge on higher metal prices

ReutersMar 23, 2026 11:12 PM

Shares of Australian miners .AXMM rise as much as 4.1%, on track for their best day since April 10, 2025

Sub-index tracks copper and aluminium prices, which rose after U.S. President Donald Trump said he will order the U.S. military to postpone any military strikes against Iranian power plants and energy infrastructure MET/L

Sector giant BHP Group BHP.AX gains 3.5%, while iron ore miner Rio Tinto RIO.AX gains over 3%

AXMM down nearly 2% this year, including the day's move

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