Articles On Metals X (ASX:MLX)

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...

25 May 2021 - Australia’s largest tin producer Metals X (ASX:MLX) has established a binding draft agreement to sell the company’s nickel subsidiary to prospective ASX debutant NICO…

Horizon Minerals has acquired the Bulong South, Glandore and Cowarna gold projects in the Western Australian Goldfields from Aurenne Group Holdings for $5 million. The Bulong South project contains the Cannon gold mine which has an ore rese...

While gold mergers and acquisitions were the talk of the town last year, copper activity has been spiralling upwards in the background.  It’s no secret that clean energy technologies require a large amount of copper. After climbing to near-...

The ASX is getting a new Lachlan Fold Belt copper hunter with Askari Metals set to open its $6m IPO this week. With the price hitting yet another record high, now is definitely the time for copper plays to be making their mark. Last Friday...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. With some 85 per cent of the world’s cobalt originating from jurisdictions with higher levels of co...

Australians will continue to work from home (WFH) way beyond the pandemic – at least that’s according to the latest data out of the Australian Bureau of Statistics (ABS). In the latest survey, the ABS reported that 30 per cent of Australian...

Summary The Australian shares traded higher on Thursday despite weak global cues. The ASX 200 is expected to remain on the upside due to optimism around rise in oil and gold prices The Australian dollar was trading up 0.01% to 0.7...

Summary The ASX 200 was expected to open higher on Thursday, even as global cues remained weak. The Australian shares were expected to rise amid optimism for commodity prices. The major Wall Street indices closed lower on Wednesday af...

Summary Infratil Ltd announced an agreement to acquire stake in Pacific Radiology Ltd. The conditional agreement was executed to acquire between 50.1 per cent and 60 per cent of Pacific Radiology Group. The transaction is expected to...

Summary Metals X Limited (ASX: MLX) has reduced its production guidance for FY21. The miner’s total production for the quarter suffered a 25% blow, compared with the previous quarter. The company has increased its cash position by the...

The Australian equity markets on Wednesday were trading in green with the benchmark index ASX 200 trading at 7061, having added 27 points by lunchtime and up by 0.39% on Tuesday's closure. The overall market breadth was also positive as 9 o...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Copper prices have surged to US$4.44/lb, the highest since 2011. While ASX mining shares such as Rio Tinto (ASX: RIO) and BHP Group Ltd (ASX: BHP) are diversified producers with copper production, here are the pure copper majors and junior...

The most recognisable director who made a $100k trade in the last fortnight was Maggie Beer who bought into her company’s rights issue. In 2019, her business was bought by Longtable Group (ASX:LON), and the entity was renamed Maggie Beer Ho...

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

Risk on sentiment has returned to the ASX. The ASX finished 0.78 per cent higher at 6,791 points although it peaked at 6,861 earlier today, which was nearly 2 per cent higher than the day before. The ASX Emerging Companies Index however los...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...

Metals X has agreed to sell its copper portfolio, including the Nifty copper operation, to Cyprium Metals for a consideration of $60 million. Cyprium will provide a $24 million cash payment on sale completion, and after that $36 million thr...

A week since being unveiled that it was stalking Metals X’s copper assets, small cap explorer Cyprium Metals is getting some cash in the door to fund a deal. 

Summary The Australian benchmark equity index started the last day of the week up 14 points or 0.21 per cent at 6779.50.  In the opening trade, the top-performing stocks were CSR Ltd (up 3.39 per cent) and ARB Corporation Ltd (up 2.24...

ASX-listed mineral explorer Cyprium Metals is in the hunt to acquire tin producer Metals X’s three Western Australian copper assets.

The stock of Metals X Limited (ASX:MLX) traded down by 11.765% to $0.150 on 29 January 2021 (AEDT 12:56 PM) after the Company released its quarterly update for the period ended 31 December 2020. The quarterly activities report highlighted t...

BASE metal futures may have been going well in Asia trade but buyer of associated equities weren't too bothered. Leader Metals X is in the process of ...

AusQuest Limited (ASX:AQD) has commenced testing several compelling gold-copper targets at the Gunanya Project in the Paterson region of Western Australia under its Strategic Alliance Agreement with South32. The Gunanya Gold-Copper Project...

Fortescue Metals Group has furthered its commitment to its Paterson Province copper-gold joint venture with Carawine Resources in Western Australia. Fortescue plans to complete a $50,000 drilling campaign in the Eider tenement, located 35 k...

Base metals prices have witnessed a see-saw ride with the market rallying before the COVID-19 outbreak over the ore export ban from Indonesia, prompting base metals such as copper and nickel to test multi-period high. However, with the COV...

TIN producer and failed copper miner Metals X says it is “facilitating final due diligence activities and, if required, FIRB approval” for the sale of its ...

As we have spent the week working through some of the ways to cherry-pick the best gold stocks at a time when share prices are surging, the price of the precious metal has continued to make new all-time highs. We outlined yesterday that the...

Nearly a decade after it first started servicing Western Australia’s civil and mining sectors, Dynamic Drill and Blast Holdings has launched a $5 million initial public offering (IPO) with a view to listing on the Australian Stock Exchange...

Metals X is looking for buyers for its entire Western Australian copper portfolio, including the Nifty, Maroochydore and Paterson exploration projects. The decision followed the completion of Metals X’s copper assets strategic review, which...

Tin, the often-overlooked member of the base metals complex, is back on analysts’ agenda. London-based Capital Economics has just issued a client note entitled A minor star called tin. Reuters has just dubbed it “the most resilient base met...

Metals X has announced a production increase and 10-year mine life extension for the Renison tin operation in Tasmania, where the company has a 50 per cent interest through its Bluestone Mines Tasmania joint venture. Results from Renison’s...

IGO has inked a $7 million agreement with ASX-listed explorer Matsa Resources for the Symons Hill nickel project in the Fraser Range, Western Australia. IGO can spend a minimum of $3.5 million to earn a 70 per cent interest in Symon Hills o...

METALS X is having a back to the future moment of sorts as it sets out salvaging value from its mothballed Nifty copper mine in the Pilbara's northeast, ...

Earnings for the ASX-listed company are expected to be nearly $500 million (on an EBITDA basis), and the 10-year life-of-mine has a net present ...

The Paterson Province’s status as one of the country’s hottest addresses for mineral exploration has been reaffirmed with the signing of another big farm-in agreement and some of the best drilling results to date from the mammoth Havieron g...