Materials stocks advanced nearly 2% at midday Monday.
BHP Group (ASX:BHP) shares were up more than 1% in recent trade as the price of coking coal spiked following an explosion at a Chinese coal mine on Friday.
Meanwhile, the energy sector struggled, shedding more than 2%.
Shares of Woodside Energy Group (ASX:WDS) fell nearly 4% in midday trade.
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