Anglo American, Codelco Agree on Mining -2-

0729 GMT - London-listed diversified miners rise in early morning European trade as optimism grows that U.S.-China trade tensions are cooling. Negotiators for the two countries have reached a framework deal on TikTok, with President Trump and Chinese President Xi due to speak on Friday. News from the talks led to growing optimism among investors that there will be some form of longer-term truce between the two countries, Deutsche Bank analysts write. Rio Tinto's London shares rises 1.5% while Glencore's are up 1.2%. BHP Group is up 0.7%, while Anglo American's shares tick up 0.6%. (adam.whittaker@wsj.com)

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Iron Ore Higher, Supported by Inventory Restocking Ahead of Holiday -- Market Talk

0244 GMT - Iron ore is higher in early Asian trading, with inventory restocking ahead of China's National Day holiday providing some support, Nanhua Futures analysts say in a commentary. Recent interest rate cuts are generally positive for commodity prices, the analysts note, adding that they expect iron-ore prices to fluctuate within a narrow range before the holiday. The most-traded iron-ore contract on the Dalian Commodity Exchange is 0.75% higher at 803.5 yuan a ton. (tracy.qu@wsj.com)

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Base Metals Mixed; Focus on Fed's Rate Decision -- Market Talk

0110 GMT - Base metal prices are mixed in early Asian trade. China's recent weak economic data failed to dent sentiment in the sector, ANZ Research analysts write in a report. "Instead, it is expectations of rate cuts by the Fed later this week that continues to support the sector," they say. Lower interest rates usually support copper and other metals, by increasing their demand and weakening the dollar. The three-month LME copper contract is 0.3% lower at $10,159.50/ton, aluminum is flat and nickel is 0.2% down.(amanda.lee@wsj.com)

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(END) Dow Jones Newswires

September 16, 2025 07:20 ET (11:20 GMT)