Materials stocks advanced 2% at midday Wednesday.
BHP Group (ASX:BHP) gained 4% in recent trade after the New South Wales Government proposed that its Mt Arthur coal mine land be rezoned to allow for other uses besides mining under the Mt. Arthur Coal Mine Transformation Precinct Master Plan.
On the flip side, the energy sector struggled, shedding nearly 1%.
Woodside Energy Group (ASX:WDS) shares fell past 1% in recent trade.
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