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Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Friday.Arafura Rare Earths (ASX:ARU): 31.5 million sharesLiontown (ASX:LTR): 22.1 million sharesCore Lithium (ASX:CXO): 15.8 million sharesEQ Resources (ASX:EQR): 12.8 million sharesJudo Capital Holdings (ASX:JDO): 9.2 million shares
Here are the ASX-listed companies with the biggest gains on Tuesday.Sunrise Energy Metals (ASX:SRL): +14%, AU$18.31Predictive Discovery (ASX:PDI): +7%, AU$4.67Core Exploration (ASX:CXO): +5%, AU$0.35Arafura Rare Earths (ASX:ARU): +5%, AU$0.21Downer EDI (ASX:DOW): +5%, AU$6.76EQ Resources (ASX:EQR): +4%, AU$0.38Brazilian Rare Earths (ASX:BRE): +4%, AU$3.82Centuria Capital (ASX:CNI): +4%, AU$1.33Lindian Resources (ASX:LIN): +3%, AU$0.69MAAS Group (ASX:MGH): +3%, AU$5.83
Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Tuesday.Liontown Resources (ASX:LTR): 31.8 million sharesCore Lithium (ASX:CXO): 10 million sharesArafura Rare Earths (ASX:ARU): 9.5 million sharesSigma Healthcare (ASX:SIG): 7.1 million sharesPLS Group (ASX:PLS): 6.4 million shares
Core Lithium (ASX:CXO) produced its first spodumene concentrate from the recommissioned Finniss processing plant, marking a key milestone in the staged restart of its Finniss lithium operation, according to a Tuesday filing with the Australian bourse.The restart remains on schedule, with first concentrate expected within six months of the final investment decision, in line with the September target, per the filing.The company expects processing capacity to increase by around 20% to 1.2 million tonnes per year following targeted plant upgrades, with commissioning and optimization continuing toward sustained production, the filing said.The company is targeting its first shipment of newly produced concentrate in the December quarter, with production expected to continue through 2027, the filing added.
Australian shares were flat on Friday despite gains on Wall Street overnight.The S&P/ASX 200 Index was little changed to close at 9,005.90.Overnight on Wall Street, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 1.1%, 1.4%, and 1.2%, respectively. The US payrolls data for August is expected later in the day.Brent crude oil futures held around $95 per barrel as the US and Iran continued hostilities. Gold bullion held above $4,400 per ounce.On the domestic front, the number of filled jobs in Australia rose by 0.7% to 16.3 million in seasonally adjusted terms in the June quarter, the fifth quarterly rise in a row, according to Labor Account figures released by the Australian Bureau of Statistics.Australia's national dwelling prices fell 0.9% in August, marking the fifth straight month of declines, while the eight-capital city index fell 1.1% and is now 4.6% below its peak, according to a report by National Australia Bank.In company news, Core Lithium (ASX:CXO) agreed to sell the final batch of lithium fines stockpile from the Finniss operation in the Northern Territory to Glencore International. The stockpile amounts to about 25,000 tonnes with a base price of roughly $285 per tonne cost, insurance, and freight, subject to customary adjustments.Peter Warren Automotive (ASX:PWR) secured approval from the Australian Competition and Consumer Commission (ACCC) for its proposed acquisition of Wakeling Automotive's new car dealerships, conditional on the company divesting eight dealership sites.Lastly, Stanmore Resources (ASX:SMR) struck a deal to acquire the Moranbah South tenements in Queensland from Exxaro Resources for $105 million.
Core Lithium (ASX:CXO) agreed to sell the final batch of lithium fines stockpile from the Finniss operation in the Northern Territory to Glencore International AG, according to a Friday filing with the Australian bourse.The stockpile amounts to about 25,000 tonnes with a base price of roughly $285 per tonne cost, insurance, and freight, subject to customary adjustments, the filing said.The shipment is slated for the current quarter, with net proceeds subject to final grade adjustments and transport costs, per the filing.Shares rose 1% in morning trade Friday.
Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Thursday.EQ Resources (ASX:EQR): 81.6 million sharesLindian Resources (ASX:LIN): 28 million sharesCore Lithium (ASX:CXO): 25.2 million sharesLiontown Resources (ASX:LTR): 21.3 million sharesBellevue Gold (ASX:BGL): 19 million shares
Core Lithium (ASX:CXO) intersected high-grade lithium at the BP33 project, part of its Finniss Lithium Operation in the Northern Territory, according to a Tuesday filing with the Australian bourse.Assay results from the first exploration diamond drill hole found a wide high-grade zone of mineralized pegmatite, including 34 meters at 2.1% lithium oxide from 579 meters and 3.43 meters at 2.4% lithium oxide from 617 meters, the filing said.Drilling is in progress, with an additional four holes planned targeting extensions to mineralization down dip and along strike, per the filing.Shares rose nearly 2% in morning trade Tuesday.
Core Lithium (ASX:CXO) received proceeds of an around $44 million tranche two convertible note funding under its strategic funding package after the Foreign Investment Review Board (FIRB) approval condition was satisfied, according to a Tuesday Australian bourse filing.The second tranche is part of a $70 million convertible note facility provided by InfraVia CMF Invest and Glencore Australia Holdings. The funding package supports the restart and development of the Finniss lithium operation in the Northern Territory.Its shares climbed 4% in recent trading on Tuesday.
Core Lithium (ASX:CXO) said the priority offer for eligible shareholders under the initial public offering (IPO) of Axiant Resources will close on Thursday, according to a Monday filing with the Australian bourse.The IPO includes a priority offer that provides eligible shareholders with the opportunity to invest in Axiant ahead of its proposed listing on the ASX, with a minimum of AU$5 million reserved for allocation, the filing said.Eligible shareholders may apply for parcels of Axiant shares ranging from AU$2,000 up to a maximum of AU$20,000 at AU$0.20 apiece, per the filing.Core Lithium shares rose past 2% in morning trade Monday.
Core Lithium (ASX:CXO) said Axiant Resources, which recently agreed to acquire the company's gold and non-lithium exploration assets, lodged a prospectus for an initial public offering targeting gross proceeds of up to AU$10 million, according to a Thursday filing with the Australian bourse.The IPO of 40 million to 50 million new shares at AU$0.20 each includes a priority offer for eligible Core Lithium shareholders in Australia and New Zealand. Axiant will reserve a minimum of AU$5 million for allocation to Core shareholders under the priority offer, per the filing.Core Lithium will receive 20 million Axiant shares and as many performance rights as consideration for the exploration assets deal.The company said it expects to have a stake of between 28.6% and 33.3% in Axiant on an undiluted basis following the IPO's completion. On a fully diluted basis, Core's stake in Axiant will be between 41.9% and 47%.Shares of Core Lithium gained nearly 1% in recent Thursday trade.
Core Lithium (ASX:CXO) said it has signed a share sale agreement with Axiant Resources for the sale of all shares in two wholly owned subsidiaries holding its gold and non-lithium tenements, according to a Friday Australian bourse filing.The company said it will retain exposure to the assets and gold price through ownership of 20 million ordinary shares in Axiant and up to 20 million performance rights as consideration for the acquisition, enabling Core to focus on the Finniss lithium project and the exploration and development of its other lithium assets.Axiant's board will include retiring Core Chair Greg English as non-executive chairman and Dan Travers as chief financial officer, with Axiant intending to undertake an initial public offering to raise between AU$8 million and AU$10 million before costs, with eligible Core shareholders entitled to participate in a priority offer, the filing added.
Core Lithium (ASX:CXO) said the first shipment of 20,000 tonnes of lithium fines and 5,000 tonnes of stockpiled spodumene concentrate departed from the Darwin port in the Northern Territory, according to a Monday Australian bourse filing.The company also said that Develop Global (ASX:DVP) mobilized to site, and underground decline development activities began at its Finniss lithium project in the Northern Territory. Ground support for the BP33 deposit portal face location was completed in preparation for site handover and commencement of the portal cut.First development ore from the BP33 deposit is expected in mid-2027.
Core Lithium (ASX:CXO) began a near-mine brownfields exploration program at its Finniss Lithium Operation in the Northern Territory, designed to support resource growth and mine life extension, according to a Friday Australian bourse filing.The company said the program is focused on the Blackbeard prospect, its priority growth opportunity at Finniss, designed to support a maiden mineral resource estimate and assess Blackbeard's potential as a future source of high-grade ore feed.Up to 12,150 meters of diamond drilling will test the continuity and quality of lithium mineralization, enabling geological interpretation and assessment of the potential for mineral resource estimation, the filing added.The company said it has also consolidated its tenement portfolio with the acquisition of the Bynoe Lithium tenement from Charger Metals (ASX:CHR), including nearly AU$3.8 million in cash consideration on completion, a deferred cash payment of AU$1 million on a mineral resource estimate, and a 1% gross revenue royalty capped at AU$10 million.
Core Lithium (ASX:CXO) is set to spin out selected exploration assets in the Northern Territory and South Australia into a new gold-focused company, Axiant Resources, via an initial public offering (IPO), according to a Thursday filing with the Australian bourse.The company will keep all lithium rights over the relevant tenements and retain a substantial equity stake in Axiant, while continuing its role as a lithium-focused producer, per the filing.Axiant will use IPO proceeds to explore gold and other non-lithium metals, with a prospectus expected next month and an Australian Securities Exchange listing targeted for July or August, subject to approvals and conditions, the filing said.Additionally, company Chair Greg English will retire on June 30 and is expected to become chair of Axiant, while Non-Executive Director Malcolm McComas will be appointed as the company's new chair, the filing added.The company's shares fell 2% in recent Thursday trade.
Core Lithium (ASX:CXO) struck a binding agreement with Glencore International for the sale of 25,000 tonnes of lithium fines from its Finniss lithium operation in the Northern Territory, according to a Wednesday filing with the Australian bourse.Pricing under the agreement reflects prevailing lithium fines market conditions, with a base price of around $270 per tonne CIF, and shipment is expected to occur in June through the Darwin Port.The net proceeds are subject to final grade adjustments and transport costs, the company said.Core Lithium disclosed an initial sale of 20,000 tonnes of lithium fines to Glencore in April.
Core Lithium (ASX:CXO) said mining operations began at the Grants open pit, part of its Finniss lithium operation in the Northern Territory, including blasting and excavation works, according to a Wednesday Australian bourse filing.Ore from Grants is expected to be processed during the September quarter, with the first shipment of spodumene concentrate anticipated in the December quarter.
Develop Global (ASX:DVP) has secured a AU$274 million contract with Core Lithium (ASX:CXO) to deliver all underground development and production works at the Finniss lithium project in Australia's Northern Territory, according to a Wednesday Australian bourse filing.The contract covers surface infrastructure and portal development at the BP33 mine, with mobilization expected in June and mining operations scheduled to start in July, per the filing.The deal has a minimum three-year term with a two-year extension option and is expected to generate around AU$120 million in annual revenue on a steady state basis, the filing said.The company has also started work on its newly awarded five-year contract for OceanaGold's Waihi North project in New Zealand, the filing added.
Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Monday.Energy Resources of Australia (ASX:ERA): 28.5 million sharesCore Lithium (ASX:CXO): 19.2 million sharesArafura Rare Earths (ASX:ARU): 10.9 million sharesEQ Resources (ASX:EQR): 9.4 million sharesPredictive Discovery (ASX:PDI): 4.6 million shares
Core Lithium (ASX:CXO) has raised about AU$67 million before costs through the second tranche of its AU$120 million equity raising, issuing roughly 320 million new shares following shareholder approval to help fund development of its Finniss lithium project, according to a Friday Australian bourse filing.Total new funding received, net of costs, now amounts to around AU$157 million, per the filing.The company shareholders also approved tranche two of the $70 million convertible notes issued to Glencore and InfraVia, representing the deferred $44 million, with completion subject to Foreign Investment Review Board approval, the filing added.The company's shares fell 3% in recent Friday trade.
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