On Stockhead today, why lithium’s got at least three years to run, but iron ore could be on a cliff-edge. And why big tech is still worth a punt.


But first … the day ahead.

Scheduled to list today is Balkan Mining and Minerals (ASX:BMM), a borate and lithium explorer with projects in Serbia.

“Dilling in progress”.



The following companies are in trading halts and are expected to exit over the next two trading days:


Leaf Resources (ASX:LER) – business update
Caspin Resources (ASX:CPN) – capital raising
NewPeak Metals (ASX:NPM) – capital raising
Cirralto (ASX:CRO) – referral agreement revenues
Liontown Resources (ASX:LTR) – capital raising
Cokal (ASX:CKA) – financing arrangement
Frugl (ASX:FGL) – capital raising
Field Solutions (ASX:FSG) – business update
Indiana Resources (ASX:IDA) – drilling results
iCar Asia (ASX:ICQ) – change of control transaction
Xstate Resources (ASX:XST) – acquisition


BSP Financial (ASX:BFL) – PNG legal action
Castillo Copper (ASX:CCZ) – exploration results
Tian Poh Resources (ASX:TPO) – director appointment
Swift Media (ASX:SW1) – price query



Gold: $US1,807.62 ($2,427.64) (+0.10%)

Silver: $US25.97 ($34.43) (-0.78%)

Oil (WTI): $US75.23 (+1.54%)

Oil (Brent): $US75.26 (+1.73%)

Coal: $US136.65 (-0.06%)

Iron 62pc Fe: $US218.26 (+0.43%)

AUD/USD: $US0.7478 (-0.09%)

Bitcoin: $US32,471.79 (-1.32%)



Good question.

Also, this: Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 2015.

In July 2021 that number hit 232.

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Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.



Scroll or swipe to reveal table. Click headings to sort.

Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.

Code Company Price % Volume
YFZ Youfoodz 0.905 77 4889727
IND Industrialminerals 0.35 75 4668032
ICQ Icar Asia Ltd 0.48 60 16229815
RXH Rewardle Holding Ltd 0.016 33 6315465
KGD Kula Gold Limited 0.057 33 62650044
SOR Strategic Elements 0.31 29 6067025
EAX Energy Action Ltd 0.335 26 280
AXP AXP Energy Ltd 0.005 25 4729799
GTE Great Western Exp. 0.16 23 74364
SW1 Swift Media Limited 0.028 22 6207989
BSM Bass Metals Ltd 0.006 20 3024520
IDA Indiana Resources 0.07 19 58179470
MCE Matrix C & E Ltd 0.165 18 407000
NZS New Zealand Coastal 0.014 17 2897071
RFG Retail Food Group 0.086 16 21841441
LBT LBT Innovations 0.115 16 1262275
RVS Revasum 0.36 16 134919
SHV Select Harvests 7.53 16 1260048
ODY Odyssey Gold Ltd 0.11 16 3764070
NVX Novonix Limited 2.62 15 9052439

Youfoodz (ASX:YFZ) received a takeover bid from HelloFresh at 93 cents per share, which came after a horror seven months for shareholders as a listed company since debuting at $1.50 a pop.

Today’s new listee, WA mineral sands company Industrial Minerals (ASX:IND), rose by over 70% on its first trading day.

Among other winners were resources stocks such as Indiana Resources (ASX:IDA) and Kula Gold (ASX:KGD) both with exploration results.

And almond company Select Harvests (ASX:SHV) says the company is set to harvest a record almond crop of 28,250 metric tonnes in 2021 and is seeing solid progress being made towards next year’s crop.



Scroll or swipe to reveal table. Click headings to sort.

Uranium aspirant Berkeley Energia (ASX:BKY), received news that it was not granted a permit to build its proposed uranium concentrate plant as a radioactive facility.