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Top 10 at 10: Piedmont gets green light to build ‘one of the lowest cost, most sustainable lithium hydroxide operations in the world’
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Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.
It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.
WINNERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| MRQ | MRG Metals Limited | 0.002 | 100% | 1,500,000 | $2,525,119 |
| ADR | Adherium Ltd | 0.07 | 75% | 8,346,605 | $13,337,599 |
| TD1 | Tali Digital Limited | 0.002 | 33% | 510,000 | $4,942,733 |
| CLZ | Classic Min Ltd | 0.012 | 33% | 3,596,558 | $2,320,310 |
| CVR | Cavalierresources | 0.215 | 30% | 212,972 | $5,251,771 |
| OZM | Ozaurum Resources | 0.05 | 25% | 480,395 | $6,350,000 |
| ECT | Env Clean Tech Ltd. | 0.005 | 25% | 102,837 | $12,687,242 |
| PLL | Piedmont Lithium Inc | 0.255 | 24% | 3,672,548 | $478,685,663 |
| BNZ | Benzmining | 0.18 | 20% | 121,574 | $16,691,696 |
| ZER | Zeta Resources Ltd | 0.24 | 20% | 55 | $106,080,139 |
US lithium stock Piedmont (ASX:PLL) received all important mining approval for the Carolina Lithium project in North Carolina.
“We plan to develop Carolina Lithium as one of the lowest cost, most sustainable lithium hydroxide operations in the world, and as a critical part of the American electric vehicle supply chain,” PLL boss Keith Phillips says.
“The project is expected to contribute billions of dollars of economic output and several hundred jobs to Gaston County and North Carolina’s growing electrification economy.”
Adherium’s (ASX:ADR) Hailie ‘smart inhaler’ has received clearance from the U.S. Food and Drug Administration (FDA) for use with AstraZeneca’s Airsupra and Breztri inhalation devices.
Explorer NewPeak (ASX:NPM) will buy an early stage Canadian uranium, rare earths and scandium project for $500,000 in shares.
And OzAurum Resources (ASX:OZM) says drilling has started the Boca Rica lithium project in Brazil.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| RMX | Red Mount Mining | 0.001 | -33% | 14,277 | $4,010,364 |
| CNJ | Conico Ltd | 0.0015 | -25% | 805,246 | $3,610,190 |
| SFG | Seafarms Group Ltd | 0.003 | -25% | 16,153 | $19,346,397 |
| MOM | Moab Minerals Ltd | 0.005 | -17% | 84,000 | $4,271,778 |
| OSL | Oncosil Medical | 0.005 | -17% | 20,000 | $13,533,247 |
| TMR | Tempus Resources Ltd | 0.005 | -17% | 10,000 | $4,385,992 |
| SLM | Solismineralsltd | 0.11 | -15% | 348,900 | $10,084,522 |
| HHR | Hartshead Resources | 0.006 | -14% | 200,000 | $19,660,775 |
| TMS | Tennant Minerals Ltd | 0.025 | -14% | 4,098,684 | $22,170,884 |
| MMM | Marley Spoon Se | 0.045 | -13% | 470 | $6,121,669 |
