Mineral Resources Ltd (ASX: MIN) is a mining and mining services business based in Adelaide. Together with its subsidiaries, the company provides a wide range of general mine services, contract crushing, infrastructure provision and recovery of base metals concentrate for export.
The local share market fell for a second straight day on Tuesday, ahead of a flurry of central bank meetings, and following the release of a set of minutes from the Reserve Bank of Australia that were taken as implying that the local central bank is considered raising rates.
A post-result bounce in the Commonwealth Bank of Australia (ASX: CBA) share price helped lift the Australian share market on Wednesday.
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Australia’s S&P/ASX 200 (INDEXASX: XJO) futures in Sydney are pointing to a strong, positive open for the Aussie market on Monday morning. The Whitehaven Coal Ltd (ASX: WHC) share price and Megaport Ltd (ASX: MP1) share price are in focus.
The S&P/ASX 200 (INDEXASX:XJO) turned up again on Tuesday, led by the resources like BHP Group Ltd (ASX:BHP) and Rio Tinto (ASX:RIO) shares.
The Mineral Resources Limited (ASX:MIN) share price is currently up by 11% as rumours increase about its lithium segment.
The Commonwealth Bank of Australia (ASX: CBA) share price and ASX bank shares have been weighing on the market, or All Ordinaries (INDEXASX: XAO).
The S&P/ASX 200 (ASX:XJO) reversed the prior day’s gains, falling 1% on Tuesday after US bond yields jumped on further central bank commentary.