Best Lithium Stocks on the ASX

The best ASX lithium stocks based on year-to-date gains are benefiting from improved conditions for the lithium market.

Click here to read the previous best ASX lithium stocks article.

The lithium market experienced another interesting year in 2020, but overall the battery metal demonstrated resilience in the wake of COVID-19.

Lithium prices nearly doubled in the first quarter of 2021, and the positive industry outlook has boosted lithium-mining stocks, including on the Australian Securities Exchange (ASX).

Here the Investing News Network takes a look at the five ASX lithium stocks with the biggest year-to-date gains. The list below was generated using TradingView’s stock screener on May 10, 2021, and includes companies that had market caps above AU$50 million at that time.

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Best Gold Stocks on the ASX

Gold hit a record high in 2020, which has been a boon for gold companies even as 2021 begins. Here are the top-performing gold stocks on the ASX so far this year.

Click here to read the previous best ASX gold stocks article.

2020 was a record-breaking year for gold, which surged above US$2,060 per ounce in August.

However, the yellow metal faced some downward pressure in the first quarter of 2021, falling below US$1,750 in March. The major forces acting against gold in Q1 of this year included rising US 10 year Treasury yields and the growing value of the US dollar.

However, there is still plenty of investor interest in the metal due to continued global economic uncertainty related to the COVID-19 pandemic. Supply is also a growing concern due to decreased gold exploration efforts over the last few years, especially among larger companies.

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Fintech Investing in Australia

More than 100 Australian fintech companies made their debuts in 2020. What are the key facts to know about fintech investing in Australia?

Australia is one of the most dynamic areas for fintech, with over 800 fintech companies currently scattered around the nation's states and territories.

Fintech, or financial technology, is set to be the future of the financial services industry, and in Australia the market had an estimated worth of AU$4 billion in 2020, up from AU$250 million five years earlier. As a global fintech leader, many of the country's top players have expanded beyond its borders or plan to do so.

What else should investors know about the burgeoning Australian fintech space? Read on for a look at what this tech arena looks like right now and what could be next.

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Galaxy Resources Limited Announcement

Galaxy Resources Limited advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform : Appendix 2A The announcement can be viewed at: SOURCE Galaxy Resources Limited View original content

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Appendix 2A

The announcement can be viewed at:

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Rare Earth Elements Demand is Still Growing

Rare Earth Elements are 17 silvery-white heavy metals with special magnetic capabilities. REEs have diverse applications and are commonly used in lasers, glass, superconductors, hard drives, wind turbine generators, and magnetic materials. Despite the name, REEs are abundant in the world, often found underground alongside uranium in sand structures called monazite. REEs concentrate must first be separated from the …

Rare Earth Elements are 17 silvery-white heavy metals with special magnetic capabilities. REEs have diverse applications and are commonly used in lasers, glass, superconductors, hard drives, wind turbine generators, and magnetic materials. Despite the name, REEs are abundant in the world, often found underground alongside uranium in sand structures called monazite. REEs concentrate must first be separated from the sand. Neodymium and praseodymium (NdPr) represent about 80% of the value of REE concentrate. Demand for these elements is growing because of their use in electric vehicles, wind turbines, and appliances. Adams Intelligence expects the demand for NdPr to double in the next five years. Removing REEs from monazite and then separating REEs into individual components is a complicated process. Read More >>

News Provided by Channelchek via QuoteMedia

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