Rise & Shine: What you need to know before the ASX opens

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On Stockhead today, how a ‘tired’ gold mine transformed shell company Bellevue into a $650m market darling, cobalt has stumbled this year but EV growth is expected to drive demand and prices and is this a new dawn for nickel?

But first…

The day ahead

Following a rough May jobs report yesterday, Australian data will be led by the monthly print for retail sales, where Westpac says “indicators point to a strong rebound from April’s slump”.

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

Friday:

RareX (ASX:REE) – capital raising
Armour Energy (ASX:AJQ) – capital raising
Netlinkz (ASX:NET) – capital raising

Monday:

Beston Global Food Company (ASX:BFC) – capital raising
Dimerix (ASX:DXB) – capital raising
Patrys (ASX:PAB) – capital raising
Opyl (ASX:OPL) – capital raising
EHR Resources (ASX:EHX) – capital raising
Latitude Consolidated (ASX:LCD) – project acquisition
Emerald Clinics (ASX:EMD) – RWE platform update
Rumble Resources (ASX:RTR) – capital raising
THC Global (ASX:THC) – capital raising
Castillo Copper (ASX:CCZ) – capital raising
Amani Gold (ASX:ANL) – capital raising

Markets

Gold: $US1,721.55 ($2,512.48) (-0.42%)

Silver: $US17.35 (-0.70%)

Oil (WTI): $US38.84 (+2.32%)

Oil (Brent): $US41.45 (+2.27%)

Coal: $US53.28 (+0.47%)

Iron 62pc Fe: $US103.18 (-0.27%)

AUD/USD: $US0.6853 (-0.45%)

Bitcoin: $US9,347.77 (-0.32%)

What got you talking yesterday

Yesterday on Twitter there was plenty of interest in the battery metals sector, following the surge in the price of Infinity Lithium (ASX:INF) shares after the company’s San Jose project in Spain received funding from an investment group backed by the European Commission.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

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

Yesterday’s winners

Stocks highlighted in yellow made market-moving announcements

Yesterday’s losers

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