Materials Up as Dollar Weakens - Materials Roundup

Dow Jones
Nov 27

Producers of metals and other raw materials rose as the U.S. dollar slipped against rivals due to mounting expectations of a rate cut in December.

Australian mining giant BHP Group rose after the world's largest miner by production said it wouldn't pursue a takeover of Anglo American following new talks, shutting the door on a deal that could have turbocharged its copper business, and likely clearing the way for its U.K. rival to close a merger with Teck Resources. Anglo American had consistently rebuffed BHP's approaches.

Silver futures rose 3.8% to $52.92 an ounce, testing all-time highs.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 26, 2025 17:19 ET (22:19 GMT)

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