Shares of Iron Ore Producers Soar as Iron Ore Futures Rise

MT Newswires Live

2025/06/27

Iron ore producers' shares soared on the Australian Securities Exchange in recent trading on Friday after iron ore futures in Singapore jumped 1.4% to $94.65 per tonne.

Shares of Rio Tinto (ASX:RIO) jumped almost 5%, while those of BHP Group (ASX:BHP) and Fortescue (ASX:FMG) each climbed nearly 4%.

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