Iron Ore Miners' Shares Rise as China Stimulus Boosts Market Sentiment

MT Newswires Live

9小時前

Shares of Rio Tinto Group (ASX:RIO) and Fortescue (ASX:FMG) rose around 3% and 2%, respectively, in the recent Thursday trade, supported by China's ongoing fiscal stimulus and fresh critical minerals agreements between Australia and Canada, lifting sentiment for major iron ore producers.

Iron ore futures rose above $100 per ton on the Singapore exchange.

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