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Metal and mining
Sayona Mining (ASX:SYA) shares trading in green today, here's why
June 16, 2022 03:40 PM AEST| By Bhawna GuptaHighlights ASX 200 Materials Index was 0.65% up at 16,960.00 points at 2.12 PM AEST today. Materials was one of the best performing sectors today as of now. Sayona is on its way to become North America's first native spodumene producer. F.....
Here’s why Coronado (ASX:CRN) shares are on investors’ radar today
June 16, 2022 12:57 PM AEST| By RitwikaHighlights Coronado shares gained nearly 6% with massive volumes today Including today’s gains, Coronado shares have rallied over 141% on the ASX over the past 12 months The company is popularly known for being the largest pr.....
Bubs (ASX:BUB) expands US presence, becomes supplier to Walmart
June 16, 2022 11:20 AM AEST| By Sukriti NairBubs Australia Limited (ASX:BUB), has entered into an agreement with Walmart Inc. (Walmart) furthering its retail footprint in US. Under the agreement, Walmart is to purchase a shipment of six Bubs® Infant Formula products and two Aussie Bubs&t.....
Here’s why Northern Star (ASX:NST) is on investors’ radar today
June 15, 2022 07:29 PM AEST| By RitwikaHighlights Northern Star completed selling two of its gold mining assets to Black Cat. The transaction cost has been quoted around AU$44.5 million. As a result, NST garnered significant investors’ attention on the ASX today. The sha.....
The price of This lithium stock jumped 35% higher today, here’s why
June 15, 2022 05:03 PM AEST| By Priyanka PayalLithium Plus Minerals Limited's (ASX:LPM) share price jumped as high as 35.593% on Wednesday (15 June) at 1:39 PM AEST today after the company announced the commencement of drilling activities in the coming weeks. The ASX-listed Lithium exploratio.....
How is Fortescue (ASX:FMG) share price moving today?
June 15, 2022 01:04 PM AEST| By Sukriti NairHighlights Fortescue Metals share price is up over 2.5% today (15 June, 11:34 AM AEST). The Metals and mining sector index (XMM) is also up 0.27%. FMG share price is often influenced by the iron ore prices and the Aussie dollar rate. The .....
Rio Tinto (ASX:RIO) brings online its first greenfield iron mine in WA
June 15, 2022 11:40 AM AEST| By Sukriti NairHighlights Rio Tinto delivers first ore from the Gudai-Darri iron ore mine. Gudai-Darri is Rio’s first greenfield mine in Pilbara, Western Australia, in over a decade. RIO shares have gained almost 13% in past six months. After over.....
Lynas (ASX:LYC) to establish operating footprint in the US with US$120M contract
June 14, 2022 07:09 PM AEST| By Sonal GoyalHighlights Lynas has signed a contract with the US Department of Defense. Under the contract, Lynas will be establishing Heavy Rare Earths (HRE) separation facility in the US. In last five years, Lynas shares have gained more than 800%. S.....
Westgold (ASX:WGX) delivers record gold production in May 2022; shares gain
June 14, 2022 12:52 PM AEST| By RitwikaHighlights Westgold is progressing steadily to achieve its full-year production guidance. The company has reported 25,100oz of gold production in May 2022. Shares of Westgold gained on the ASX post this announcement. The.....
Why are Novonix (ASX:NVX) shares grabbing investors’ attention today?
June 10, 2022 06:48 PM AEST| By Priyanka PayalHighlights Novonix Limited shares traded 3.416% lower at AU$3.110 per share on ASX at 2:26 PM AEST. The shares of the other two battery materials producers, Pilbara Minerals Limited (ASX:PLS), and Liontown Resources Limited (ASX:LTR) were down .....
How did Core Lithium (ASX:CXO) stock perform on YTD basis?
June 09, 2022 05:39 PM AEST| By Bhawna GuptaCore Lithium Ltd (ASX:CXO) aims to become Australia's next lithium producer, with the Finniss Lithium Project near Darwin Port in the Northern Territory. Finniss is one of Australia's most capital-efficient and low-cost spodumene lithium projects. .....
ASX uranium stocks in focus amid rising interest in nuclear energy
June 09, 2022 05:04 PM AEST| By Nitish KumarHighlights Uranium prices have gained nearly 40% in 2022 so far from their average price of US$36.5 in 2021. Nearly 10% of global electricity is generated from nuclear power plants. Nuclear energy represents a clean alternative for the product.....
Boral (ASX:BLD) appoints Vik Bansal as CEO and MD; shares rise
June 08, 2022 01:43 PM AEST| By Sonal GoyalHighlights Boral Limited has appointed Vik Bansal as its new CEO and managing director. Zlatko Todorcevski is the present CEO of Boral. Boral shares jumped by 15% on the ASX today, outperforming its benchmark index. Australian supplier of.....
Sims (ASX:SGM) releases FY22 earnings guidance; how are shares faring?
June 08, 2022 10:58 AM AEST| By AshishHighlights Sims has already shared a robust outlook for the given fiscal. The underlying EBIT is likely to be in the range of AU$750 million to AU$770 million. Sims attributed the improvement in results over FY21 to higher metal...
Why is Perenti (ASX:PRN) making headlines today?
June 07, 2022 03:06 PM AEST| By RitwikaThe shares of Perenti Global Limited (ASX:PRN) were spotted trading 16.187% higher at AU$0.807 per share at 10:39 AM AEST on the ASX today (7 June). More than 3.7 million shares of Perenti were traded within the short span of time after the A.....
How did Sayona Mining (ASX:SYA) shares perform last week?
June 07, 2022 02:14 PM AEST| By Bhawna GuptaEmerging lithium producer Sayona Mining Limited (ASX:SYA) shares have been falling for quite some time now. In its last trading, the company's shares closed flat at AU$0.170 each as there was no change from its previous closing price. Today, the s.....
Meet ASX copper player whose share price is up 185% in a month
June 06, 2022 05:48 PM AEST| By Sukriti NairCopper has witnessed a healthy price action on back of surging demand from EV and chip manufacturers. Global copper smelting activities have increased in May due to the Chinese market rebound. With Shanghai coming out of lockdowns, the market experts...
Why is BHP Group (ASX:BHP) on investors’ radar
June 06, 2022 12:57 PM AEST| By Sukriti NairHighlights BHP share price has garnered a lot of attention on the ASX lately, thanks to merger with Woodside. While BHP share price is down 0.09% in a month, it has advanced 5% in last five trade days. Global resources giant BHP Group Limi.....
Liontown (ASX:LTR) & Tesla execute binding offtake agreement
June 06, 2022 10:18 AM AEST| By Sukriti NairAustralian battery minerals explorer, Liontown Resources Limited (ASX:LTR), shared via an ASX announcement today, that it has completed negotiations with electric vehicle manufacturer Tesla Inc. for executing a definitive full-form offtake agreemen.....
From GAL to ARL: Five ASX battery metal shares with over 100% YTD gains
June 04, 2022 12:15 AM AEST| By Ashishing stocks. With the ‘Green Energy’ theme echoing all across the world, shares of battery metals companies have increasingly come on investors’ radar. The battery and electrification firms have gained handsomely in the recent p...
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