Key facts: Dalian iron ore futures rise; BHP shares up 1.4% amid demand
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Dalian iron ore futures rose for five days due to tight supply from BHP's Jimblebar and Jingbao fines, leading Chinese mills to boost purchases from Rio Tinto's Pilbara fines.1BHP Group's shares increased by 1.4%, driven by a broader rise in the mining sector, attributed to higher commodity prices for iron ore and copper amid expectations of U.S. interest rate cuts.2BHP's stock has increased due to expectations that steelmakers in China will accelerate restocking of feedstock in anticipation of the Lunar New Year holiday.3
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