On Stockhead today, We turn to that other forgotten critical minerals sector – the potassium, nitrogen, phosphate and bat-poo (guano) and cow-poo (which is 3% nitrogen, 2% phosphorus, and 1% potassium). And potash. Sector.

Most potash derives its agri-vitality from potassium chloride (KCl, also known as Muriate of Potash.

As a handily soluble deliverer of potassium, potash – and all of the minerals above – are absolutely critical to any business that does good out of primary plant nutrients. Which is everyone.

Bevis Yeo looks into the way we’re amping up our food production and provides a sitrep (link here if you’re wondering) – particularly for phosphate and potash fertilisers. And we meet a company at the… Centrex of it all.

But first, the day ahead.

 

TRADING HALTS

The following stocks went into trading halts yesterday and are expected out in the coming days:

Hubify (ASX:HFY) – Variation and termination of a material agreement.

Sarama Resources (ASX:SRR) – Pending announcement of a capital raise.

Evion Group (ASX:EVG) – Also pending a cap raise announcement.

Theta Gold Mines (ASX:TGM) – Pending announcement of a funding update.

Geopacific Resources (ASX:GPR) – Also a pending announcement of a cap raise.

Raiden Resources (ASX:RDN) – Announcement relating to a mineral resource on the Mt Sholl Project and yep also a cap raise.

Top End Energy (ASX:TEE) – Update on Native Title negotiations for purpose of achieving grant of permit EP (A) 258.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,972.89 (+0.92%)

Silver: $US23.58 (+2.03%)

Nickel (3mth): $US23,743/t (-1.37%)

Copper (3mth): $US9002.50/t (+0.27%)

Oil (WTI): $US73.76 (+1.61%)

Oil (Brent): $US79.02 (+1.2%)

Iron 62pc Fe: $US125.5/t (+0.80%)

AUD/USD: 0.6711 (+0.42%)

Bitcoin: $US28,000 (-1.40%)

 

WHAT GOT YOU TALKING YESTERDAY?

Save $3 million in 30 years? How could anyone earning an average wage of ~$85,000 today save such a huge amount of money?

Like this, according to the big brains at Stockspot.

 

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’S ASX SMALL CAP LEADERS

Here are yesterday’s best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

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RareX (ASX:REE) boosted its rare earths (REE) resource at Cummins Range by 500% to 397Mt at 0.33% TREO and 4.2% phosphate.

That’s 1.3Mt of contained TREO and 16.7Mt of phosphate, which positions Cummins Range as the second largest undeveloped Australian rare earths project, the company says.

 

YESTERDAY’S ASX SMALL CAP LOSERS

Here are yesterday’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

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Beston Global Foods (ASX:BFC) downgraded earnings guidance for the current half, blaming unprecedented inflationary cost pressures and insurance.

A rapid decline and significant volatility of whey protein prices – down 25% in the last 30 days — has exacerbated these cost impacts, it says.

Carbon counting stock Tymlez (ASX:TYM) lost its acting CEO Daniel O’Halloran, who resigned effective immediately “to devote more time to his family and personal commitments”.

And explorer Minrex Resources (ASX: MRR) has drilled a few dusters (low, sub-economic grades) at three lithium projects in WA.

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