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By Ambar Warrick
Investing.com -- Shares of Australian mining giants BHP Group Ltd (ASX:BHP) and Rio Tinto Ltd (ASX:RIO) rose on Thursday following strong production reports from both firms, as well as increased optimism over an economic recovery in China, their biggest market.
BHPâs Australian shares rose 1.4% and were trading just below a record high, while those of Rio Tinto jumped 3% to a 10-month high.
BHP posted better-than-expected quarterly iron ore shipments, and logged record-h...
>>> Read more: BHP, Rio Tinto shares rally on strong production, China hopes
Investing.com -- Shares of Australian mining giants BHP Group Ltd (ASX:BHP) and Rio Tinto Ltd (ASX:RIO) rose on Thursday following strong production reports from both firms, as well as increased optimism over an economic recovery in China, their biggest market.
BHPâs Australian shares rose 1.4% and were trading just below a record high, while those of Rio Tinto jumped 3% to a 10-month high.
BHP posted better-than-expected quarterly iron ore shipments, and logged record-h...
>>> Read more: BHP, Rio Tinto shares rally on strong production, China hopes
