Australian miners hit over one-week high on stronger iron ore prices

Reuters
2025.12.22 00:51
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** Australian miners rise as much as 1.9% to hit their highest level since December 12** Sub-index set for strongest trading session since December 12** Iron ore prices ended last week higher on expectations that steelmakers in top consumer China will accelerate feedstock restocking ahead of the Lunar New Year holiday ** Australian miners Rio Tinto and BHP rise as much as 1.5% and 1.6%, respectively, with Rio hitting a record high** Sub-index up 37.7% YTD, including the day's moves