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

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.

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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