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Mining Boosts ASX Amid Global Tensions | Australia News
Description
ASX200 climbs 0.2% as mining stocks surge on copper and gold gains, fueled by rising commodity prices — despite global tensions between US and Iran pushing oil to six-week highs. Energy and resource firms like Woodside and Santos soar, while financials and tech lag. Skycity Entertainment jumps after a hotel sale, Lynas Rare Earths dips amid unexpected costs. Aussie dollar weakens slightly against the US dollar as markets balance commodity optimism with global uncertainty.
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