Articles On Metals X (ASX:MLX)

Tesla rakes in biggest quarterly profit ever as EV sales explode. Elon Musk says iron, not nickel-rich chemistries will power “Terrawatt-hour” energy storage business. GWR Group trades iron ore for magnesium in green push. Our High Volta...

Cobalt prices performed strongly in the second half of 2021, rising for 100 consecutive days to hit more than US$70,000/t in December. In 2022, Benchmark Mineral Intelligence projects the demand for cobalt out of the global battery sector a...

As prices scale to levels not seen in over a decade, experts believe it will be “all hands to the pump” to secure the nickel supply needed to deal with a rush in demand from electric vehicles over the next decade. Nickel expert Jim Lennon...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Highlights The ASX Small Ordinaries index is trading with a cut of 0.18% at 3,408, as of 1:00 PM AEDT. NC1, DXN and ARR are some of the ASX penny stocks rallying today. Investing or trading in penny stocks should not be done without p...

Gold price surges ~$US30/oz overnight to highest since November last year Rox Resources increases Youanmi gold resource to 3Moz Gold stocks Navarre, Discovery Alaska up on no news Nickel-cobalt explorer NiCo Resources now up 210% since lis...

Things weren’t looking good ahead of the opening bell today, after a rough session for US stocks following another rise in bond yields overnight. And that bearish momentum flowed through to the ASX 200, which posted its second +1% fall in f...

Key points NiCo Resources debuted on the ASX at midday AEDT Wednesday The NiCo Resources share price is currently 36.5 cents – 82.5% higher than its offer price The company is a spin out of Metals X, taking over its Central Musgrave Proj...

The Renison tin mine in Tasmania will now benefit from a new ore sorting technology just in time for the tin price to reach an all-time high. Renison is owned by the equal joint venture Bluestone Mines Tasmania (BMTJV) formed between Metals...

The share market was set to open sharply lower after weak corporate earnings and a spike in treasury yields dragged Wall Street deep into the red. ASX futures sank 66 points or 0.9 per cent, signalling a likely retest of this year’s lowe...

Listing on the ASX on Wednesday (Jan 19), NiCo Resources (ASX:NC1) may be a little different from the usual late-cycle resources IPOs. After spinning out the Wingellina project from Metals X (ASX:MLX), NiCo will now hold 100% ownership of o...

The ASX 200 posted a small 0.11 fall on Tuesday, outperformed by the small end of town as the microcap Emerging Companies index rose by 0.66%. There were no clear catalysts as Asian markets struggled for direction after Wall Street was clos...

Aspiring nickel miner and refiner Blackstone Minerals (ASX: BSX) has locked-in a strategic stake in fellow nickel play and ASX debutant NiCo Resources (ASX: NC1), which is a spin-out of Metals X (ASX: MLX). NiCo was admitted to the ASX offi...

Highlights A record bull run in prices of commodities in 2021 has tightly filled pockets of miners. A significant rise in commodities prices encouraged various mining companies to get listed on the Australian Securities Exchange (ASX)....

Highlights The ASX 200 was up by a decent 0.8% or 59.4 points to 7,504 in the first 15-minute trade. Apple Inc hit a US$3-trillion market capitalisation on Monday for a brief period. All the 11 sectors on the ASX trading in green are...

ASX investors evidently shrugged off omicron fears in December, with the last month of the 2021 being the second best of the year. Ultimately, the market finished 2021 13% higher than it started. Patience pays off, unless you got in at the...

Despite closing lower today, the ASX finished 2021 over 13% where it begun. This compares to a loss of just over 1% in 2020 but a gain of over 20% in 2019. But the ASX did retreat today, snapping a winning streak of 6 trading days and all s...

Metals X has warned of further delays with the spin-out of its nickel assets as the company continues to address technical queries from the ASX on the ore reserves reported in the new entity’s prospectus.

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

Highlights Nico Resources Limited expects to start trading on the ASX on 11 January 2022. Blue Ocean Equities and Marketech are managing this IPO. The mining company aims to raise AU$10m - AU$12m at an offer price of AU$0.20 per share...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode Barry chats to Rod Corp...

Robert Friedland’s Aussie nickel play Sunrise Energy Metals (ASX:SRL) has received the backing of the Federal government for its namesake nickel-cobalt-scandium mine. The Ivanhoe Mines chairman and co-chair of Sunrise has been involved sinc...

After trading down for most of the day, the ASX ultimately closed higher despite a big sell off in tech. The ASX 200 closed at 7,245 points which was 0.05% higher than Friday. Tech retreated 2.2% over inflation fears but gains of over 1.9%...

Metal X’s nickel-cobalt spin out Nico Resources is gearing up to list next month – with some familiar faces at the helm. Executive director and CEO Rod Corps and chairman Warren Hallam are both Metals X (ASX:MLX) alumni, with Corps previous...

First we gave you live-streaming ASX data, so that you could bridge the gap between you and the pros from that ’70s style click-to-refresh slideshow, or that delayed crap that you normally use, to try and trade shares with, in the same mark...

Lithium boom to continue in 2022: S&P Global Elon Musk under pressure to sell ~$US21bn worth of Tesla stock Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths,...

Metals X (MLX) pens a share sale and subscription agreement with NICO Resources to spin out its Wingellina nickel-cobalt project in WA and Claude Hills project in SA Under the deal, the company will sell all shares in its Metal Exploration...

GR Engineering Services has won a number of works from Bluestone Mines Tasmania for a combined value of $31.7 million. Bluestones Mines is an equal joint venture between Metals X and Chinese-based Yunnan Tin Parksong Australia Holdings (YTP...

China’s ongoing energy shortage starts to affect domestic battery materials production Tesla ditches nickel, cobalt as prices soar Pilbara Minerals’ (ASX:PLS) third spodumene auction unofficially scheduled for October 26 Weekly small cap s...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   Lithium carbonate prices are going gangbusters off the back of limited supply and stable lithium-...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Datt Capital principal Emanuel Datt reveals how he’s counting on his 2 largest holdings doubling...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   While the outlook for commodities like iron ore has deteriorated – and is expected to deteriorate...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Due to hit the bourse Tuesday is PPK Group (ASX:PPK) spin out Li-S Energy (ASX:LIS) which may have developed a...

Westgold Resources (ASX:WGX) split the gold business off tin miner Metals X (ASX:MLX) almost five years ago at $1.70 a share and since then it’s been much of a muchness, with the $740 million capped gold miner trading at $1.75 today. But th...

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium. Last week, ASX lithium stocks went mental. The spark was Pilbara Minerals (ASX:PLS)  with its announcement that t...

Summary  The ASX200gained 0.36% to settle at a fresh closing high of 7,538.40. The index closed week with 1.97% gain, its best since May. The RBA has lowered GDP forecast for this year from 4.75% to 4%. Economists estimate that Sydne...

Summary News Corporation (ASX:NWS) posts a record 30% rise in revenues, shares zoom up on ASX Family Zone (ASX:FZO) acquires UK-based Smoothwall for A$146 million ResMed (ASX:RMD) reports strong Q4-FY21 results The S&P/ASX200...

Summary The ASX 200 opened mildly lower, 0.11 % or 8.3 points down to 7502.8, on Friday. In the opening hour, the market breadth is slightly on a bearish side, with seven out of the 11 sectors falling so far. Briscoe Group has seen an...

Wall Street rises on solid earnings reports US stock markets rose overnight, with all three benchmarks closing higher buoyed by another round of solid earnings. The Dow Jones rose by 0.78%, S&P 500 by 0.60%, and tech heavy Nasdaq by 0.7...

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

Summary The ASX 200 has continued its momentum in the opening session, making a record high. All three major US stock indices also closed at an all-time high on Friday after a volatile week. Metals X Limited is planning to recommence...

Wall Street extends bull run to record highs All three major US benchmarks rose on Friday to reach fresh new highs, as solid earnings from US companies continue to roll in. The Dow Jones rose by 0.68%, S&P 500 by 1.01%, and Nasdaq was u...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

The laundry list of factors driving the copper bull run just keeps getting longer and the price expectations are off the charts, with market watchers predicting the red metal could top US$33,000 ($42,507) a tonne before the end of the decad...

The price difference between electric vehicles and their conventional petrol/diesel peers – a key obstacle to widespread EV adoption – is closing at an accelerated rate. Affordability = more EVs on the roads = more demand for battery metals...

Metals X has signed an agreement to sell its nickel assets to NICO Resources, including the Wingellina nickel-cobalt project in Western Australia and the Claude Hills project in South Australia. NICO will apply for a listing on the ASX alon...

Summary The ASX 200 opened higher by 0.10% on Tuesday after the US stocks closed on a strong note overnight. The domestic benchmark rose to a two-week high, as a more than 3% jump in oil prices boosted energy stocks. On Monday, the do...