BHP and Lynas Lift Australian Stock Market on Metal Strength
Australian mining stocks rise in trading, boosted by metal and gold price gains. Lynas Rare Earths surges 14.8% after extending its rare earth supply agreement with Japan through 2038.
| Countries | Australie, Japon, États-Unis, Nouvelle-Zélande, Israël |
|---|---|
| Companies | BHP Group, Rio Tinto, Lynas Rare Earths, Woodside Energy, Santos |
| Sector | Métaux critiques, Terres rares |
| Theme | Marchés & Finance, Analyse sectorielle |
The S&P/ASX 200 advanced 0.2% to 8,713.10 points at 2339 GMT Wednesday, following a 1.1% gain at the previous close. Mining stocks were driving the index higher, supported by advances in metal and gold prices on international markets. This momentum came after a wave of selling triggered by inflationary concerns linked to energy cost volatility, itself fueled by Middle East tensions. The conflict has nearly erased gains recorded since the start of the year, leaving the benchmark index stable since January.
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