** Aussie mining stocks rise as much as 1.3% to their highest level since April 16
** Iron ore futures prices rebounded as news of Chinese authorities considering government purchases of unsold homes lifted sentiment and demand outlook
** London copper also touched a more-than-2-year high on Wednesday, helped by weaker U.S. dollar and bullish demand outlook
** Sector giant BHP Group climbs as much as 1.4% to its highest in three weeks
** Rio Tinto and Fortescue jump as much as 1.2% and 1.5%, respectively
** Chalice Mining and lithium explorer Vulcan Energy rise as much as 8.5% and 7.4%, respectively, and are among the top pct gainers on the sub-index
** AXMM down 7.2% this year, as of last close vs a 2.2% gain in the benchmark ASX 200 index
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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