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”.

 

TRADING HALTS

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

Wednesday

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

Thursday

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

 

MARKETS

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%)

 

WHAT GOT YOU TALKING YESTERDAY?

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.

 

YESTERDAY’S WINNERS

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

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

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.

 

YESTERDAY’S LOSERS

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.