BHP Group is trading 6.19% up at A$59.00, supported by a broad Australian mining rally and overnight rebounds in copper and iron ore prices.
- The ASX 200 rose 2.6%, while mining stocks gained 7.6%.
- BHP’s peers also advanced as markets responded to U.S. midterm results, a relief rally and lower oil prices.
- Recent RBC commentary on BHP’s copper expansion was not identified as the direct cause; the move reflected a broader sector and market upswing.