Jul 21, 2026 – 4.44pmAustralia’s mining stocks have been the best performing sector over the last 12 months for the local sharemarket, but over the last month, they’ve swiftly become the worst performer.That’s thanks to a bout of profit-taking, a resurgence of war in the Middle East, artificial intelligence jitters, and fears the US Federal Reserve will have to raise interest rates to stave off inflation.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Why the ASX mining sector has gone from dux to dunce this month
A resurgence of war in the Middle East and AI jitters has knocked the materials sector. But analysts say this has created a buying opportunity.
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