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Australia is hoping to lead the way in robotics, and these are some of the country's top robotics stocks by market cap.
Robotics is a broad term covering everything from design to the construction and operation of robots. It also includes the use of robots in roles normally played by humans, often to reduce errors or speed up processes.
This list includes a wide range of ASX-listed companies that employ robotics. Data was sourced using TradingView's stock screener on November 24, 2021, and stocks are listed in order of market cap from largest to smallest.
1. WiseTech Global (ASX:WTC)
Market cap: AU$17.19 billion; current share price: AU$52.90
Technology powerhouse WiseTech Global provides software solutions to logistics businesses in 130 countries around the world. Its CargoWise platforms are designed using workflows, automation and robotics. The WiseTech Global Group includes more than 30 businesses.
The company has performed positively on the ASX over the past year, with its share price rising about 70 percent since the start of 2021. The company expects to continue this momentum in during its 2022 fiscal year, with projected EBITDA growth of 26 to 38 percent.
2. Altium (ASX:ALU)
Market cap: AU$5.47 billion; current share price: AU$41.67
Altium is a leading global software company that focuses on 3D-printed circuit board (PCB) design. Although seemingly obscure, the PCB design tool Altium Designer is used by robotics companies like Robotics Kanti. The company also sponsors student robotics design competitions that focus on PCB design.
The 2021 fiscal year was strong for Altium, which reported a revenue increase of 6 percent, to AU$180.2 million, and announced a final dividend of AU$0.21 per share.
3. Vection Technologies (ASX:VR1)
Market cap: AU$249.49 million; current share price: AU$0.25
Vection Technologies is a multinational software company with offices in Western Australia, as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology in addition to 3D, virtual reality, augmented reality, industrial internet of things and CAD solutions.
The business is split into two sections: information technology development and outsourced services. The company also collaborates with Autodesk Technology Centres, the Microsoft Mixed Reality Team and Cisco Systems Italy.
4. FBR (ASX:FBR)
Market cap: AU$116.95 million; current share price: AU$0.05
FBR designs, develops and builds robots for the global construction market. The company's dynamically stabilised offerings are made to work outdoors using FBR's Dynamic Stabilisation Technology.
This technology was first used in the Hadrian X, a brick-laying robot that can build structural walls more efficiently than traditional methods and with less waste. The first commercial building to have its structural walls built by Hadrian X in 2020 was completed and tenanted in 2021.
5. Bill Identity (ASX:BID)
Market cap: AU$44.18 million; current share price: AU$0.25
Previously known as BidEnergy, Bill Identity provides a series of bill management solutions leveraged using its Robotic Process Automation (RPA). The RPA system helps clients increase their efficiency and serves customers across Australia, New Zealand, the UK, the US and Europe. The company had a strong year, with total operating revenue growth of 55 percent year-on-year to AU$14.6 million in its 2021 fiscal year.
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Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article
The Board of Titan Minerals Limited (ASX: TTM) (Titan or the Company) is pleased to present the following update on surface exploration at its Linderos Project in Southern Ecuador. The focus of these programs has been the two main prospects currently known to exist at Linderos being the Mesta Gold Prospect and the Copper Ridge Prospect located <1km to its south. Some very exciting assay results from surface works are beginning to filter through with the key highlights so far being:
Meseta Gold Prospect
Assays received to date from the first 144 rock chips of 227 samples shipped for assay in the current mapping campaign, returned best results of:
- 64g/t gold with >1,500g/t silver (overlimit silver analysis pending) and 26.9g/t gold with 715g/t silver from exposed veins located 500m east of the closest previous drill hole.
- 61g/t gold with 103g/t silver and 42g/t gold with 9g/t silver located on current western margin of Meseta Gold Prospect
- 13g/t gold with 16g/t silver and 7.3g/t gold with 11g/t silver on veining discovered 2.3km southeast of Meseta Gold Prospect
Copper Ridge Prospect
A zone of outcropping quartz stockwork and altered porphyritic granodiorite averaging better than 0.2% copper over 360m wide has been identified in channel sampling. Assay results received for the first 28 of 47 channel samples have returned highly anomalous copper and gold results with the following highlights:
- 42m @ 0.31% copper and 0.12g/t gold including 12m @ 0.39% copper and 0.15g/t gold
- 42m @ 0.29% copper and 0.08g/t gold including 8m @ 0.53% copper and 0.11g/t gold
- 90m @ 0.26% copper and 0.13g/t gold
- 96m @ 0.21% copper.
GTI Resources Ltd (GTI or Company) is pleased to advise that the acquisition of Branka Minerals Pty Ltd and the vendor placement of $600,000, as advised to ASX on 18 August 2021, have now both been completed.
Settlement of the acquisition and completion of the vendor placement are the final milestones of a transformative period of corporate activity for the Company and positions GTI to commence exploration drilling in Wyoming prior to Christmas.
Executive Director Bruce Lane said:
"Preparation for our maiden drilling campaign in Wyoming has proceeded according to plan and settlement of the acquisition has put us in a great position to commence drill testing before the end of the year. The Company is now well funded after raising in excess of $5 million during the last 2 months and the market context for investing in ISR uranium exploration appear to be increasingly positive. We look forward to applying the funds we have raised in recent weeks to drive the creation of shareholder value in Wyoming's Great Divide Basin".
As previously advised, GTI is on track to commence ISR uranium drilling during December with the bonding process underway and drilling contractor bids received.
The Company will provide further updates in due course.
Read the full article here.
The mining and resources sector now sets its sights on Australia’s largest mining investment forum, Mines and Money @ IMARC, co-located with IMARC from January 31, 2022, to February 2, 2022, at the Melbourne Showgrounds.
It was gold price, lithium demand and China’s appetite for copper that dominated much of the discussion at Mines and Money Online Connect @ IMARC this week at the virtual event running from the 19th to the 21st October.
Mines and Money Online Connect saw 90 mining companies, 600+ investors and more than 2,000 participants log-on to hear mining executives and analysts discuss the next big thing for savvy investors in 2022.
Time to Strike Gold?
‘Frustrating’ sums up the 2021 gold price according to Commodity Discovery Fund Founder and Chief Investment Officer, Willem Middelkoop. Middelkoop spruiked gold’s glittering upside during the Mines and Money Gold Outlook Panel Discussion.
The panellists suggested that with the gold price soaring to record highs, a gold correction was inevitable. Historically, gold price is linked to market volatility and the much of new money printed in the United States.
In 2022, panellists expect plenty of market volatility and money printing, with an overinflated US dollar set to weaken in value, and subsequently drive up the price of gold. Through the Commodity Discovery Find, Middelkoop has studied the gold price in relation to increased money supply over the past decade.
“If you look at the current graph, the gold price needs to move back toward over US$2,000, and it should move toward US$8,000-$10,000 dollars to be in line with money growth. If you look at that statistic, there is so much upside,” said Middelkoop.
“A doubling of the gold price within 12 months is easily possible,” said Middelkoop.
The Need for Speed
The US has the need for speed with car manufacturing adopting electric vehicles (EVs) at an accelerating rate. The rising demand for EVs, which is expected to surge to 10% in global sales by 2025 according to Bloomberg New Energy Finance, will require startling quantities of lithium.
The price of lithium hydroxide continued to soar in 2021 and shows no sign of slowing down in 2022. Prices topped US$23,375 per tonne at the time of writing, which is up from a US$6,300 average per tonne in the September quarter 2020.
During the Mines and Money Battery Metals Session, Piedmont Lithium President and Chief Executive Officer, Keith Phillips, said the EVs market is fuelling the demand for lithium hydroxide. “I’ve always had the view that the market would speak, and the time would come, and it will,” said Phillips.
Phillips said Ford’s Blue Oval City required 125,000 tonnes per year of lithium hydroxide to service its three battery plants, which surpasses the production capacities of all lithium projects currently planned in the United States.
“Tesla has been a leader here, but LG and General Motors are making big commitments. “Everyone is talking about bringing more capacity to the US, which we desperately need, and even if we all succeed, we are still going to be short, and require lots of material from outside the US,” said Philips.
China’s Quiet Copper Rush
Copper was the metal of the hour during the China Commodities Supply and Demand Outlook 2022 Panel at Mines and Money. Companies from Australia’s biggest trading partner are digging for strategic commodities to enhance diversification and survival in an uncertain marketplace.
Gold Mountains General Manager, Maggie Huang said sourcing and developing copper mines was critical to not only Gold Mountains, but to the Chinese economy. “We see copper as a highly strategic metal for China, we are the largest consumer in the world. We consume half of all output of copper but produce only 20 to 25% of what we actually use,” said Huang.
Huang pointed out that whilst Australia and Canada represented stable and mature investment destinations in the past, “an investment is an investment,” and Chinese companies are now seeking new opportunities in other mining destinations.
As Africa and South America mature as mining destinations, Huang said emerging opportunities in Africa and South America could be more profitable and signify a more attractive investment than Australia or Canada.
As Mines and Money Online Connect @ IMARC concludes with positive outlooks on gold, lithium and copper, the mining and resources sector now sets its sights on Australia’s largest mining investment forum Mines and Money @ IMARC co-located with the International Mining and Resources Conference (IMARC) from the 31st January to 2nd February 2022 at the Melbourne Showgrounds.
The International Mining and Resources Conference (IMARC) is where global mining leaders connect with technology, finance, and the future. Now in its 8th year, it is Australia’s largest mining event, bringing together over 8,000 decision makers, mining leaders, policy makers, investors, commodity buyers, technical experts, innovators, and educators from over 130 countries for three days of learning, deal-making and unparalleled networking. IMARC is developed in collaboration with its founding partners the Victorian State Government of Australia, Austmine, the Australasian Institute of Mining and Metallurgy (AusIMM) and Mines and Money.
For more information, please visit https://imarcglobal.com/
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Cybersecurity is a growing issue globally, and demand for threat protection is increasing alongside it. Tech-savvy investors have an opportunity to harness these trends.
Cybersecurity is a growing threat globally, and demand for threat protection is increasing in tandem.
In Australia, the cybersecurity market is projected to grow at a rate of 15.2 percent over the next five years compared to only 2.5 percent growth in the general Australian technology industry.
With many companies shifting to work-from-home models over the last two years due to the COVID-19 pandemic, there's been extra pressure on the cybersecurity sector, making it an industry that should see continued elevated expansion for the foreseeable future. Read on to learn more about the cybersecurity landscape in Australia.
What do cybersecurity companies do?
The cybersecurity stocks category includes companies that offer cyber recovery solutions in the event of an attack, as well as companies that offer consultations on cybersecurity for businesses and organisations.
Cybersecurity companies may also bolster cyber defences through methods like hardware, services and cloud-based software, particularly in software-as-a-service (SaaS) applications.
As a newer industry, most Australian cybersecurity businesses are less than nine years old and are primarily private. Gauging performance can be challenging as company value is based on the aftermath of a cyberattack.
Even so, there are opportunities for potential profit. To give investors an idea of the options, the Investing News Network used TradingView's stock screener to create a list of the top ASX-listed cybersecurity stocks. Companies are listed in order of market cap from largest to smallest, and data was current as of December 20, 2021.
1. Family Zone Cyber Safety
Market cap: AU$393.4 million
Family Zone Cyber Safety (ASX:FZO) offers an app to help control screen time and restrict cyber bullying. Parents can use the app to restrict social media, block inappropriate apps, set up an internet filter and limit in-app purchases.
The company has experienced year-on-year share price growth of about 20 percent so far in 2021, and in August announced the acquisition of UK-based digital school safety company Smoothwall for AU$142 million. The purchase was funded through a AU$146 million capital raise.
Market cap: AU$200.22 million
Tesserent (ASX:TNT) provides a range of internet security services for the education, manufacturing, insurance, legal, finance, logistics and government markets.
The company hangs its hat on its Cyber 360 strategy, which has three components: identifying and assessing threats, risks and protection; taking corrective action; and responding to threats and other incidents.
3. Prophecy International Holdings
Market cap: AU$98.61 million
Prophecy International Holdings (ASX:PRO) is a software company with two products: EMite is a SaaS analytics platform, and Snare is a scalable platform of centralised log management and security analytics products to help customers manage cyber threats in real time. The firm struggled through much of 2020 due to COVID-19.
However, things are looking up for Prophecy, with nearly 90 percent share price growth year-on-year, and new contracts with major businesses like Airbnb (NASDAQ:ABNB) and Johnson & Johnson (NYSE:JNJ).
4. Sovereign Cloud Holdings
Market cap: AU$93.81 million
Sovereign Cloud Holdings (ASX:SOV) and its AUCloud product serve Australian government clients, the Australian Defence Force and Critical National Industry communities. A leading infrastructure-as-a-service company, the company provides cloud-based computing services like Virtual Desktop as a Service.
The Canberra-headquartered company saw an increase to AU$1.1 million revenue in the first half of the 2021 fiscal year, although its share price has been dipping over the past 12 months.
Market cap: AU$53.03 million
Senetas (ASX:SEN) and its subsidiaries provide network data security solutions. Based in South Melbourne, its main customers are governments and businesses all over the world. Since 1999, Senetas has provided products used in cloud services, big data protection and encryption security services.
Market cap: AU$52.39 million
ArchTIS (ASX:AR9) designs and develops secure information-sharing and collaboration infrastructure. It offers Kojensi Cloud Service for organisations to share documents securely, as well as Kojensi Enterprise for collaboration on classified material and Kojensi Field for military and aid workers to collaborate in the field.
Market cap: AU$23.84 million
Launched in 2016, WhiteHawk (ASX:WHK) offers an online tool to small- and medium-sized enterprises to take action against cybercrime. It is one of the first global online cybersecurity marketplaces. The cloud-based platform delivers artificial intelligence solutions through intuitive virtual consults. The company has won multiple US federal government contracts, and is also working with other large entities such as universities.
Market cap: AU$12.84 million
Founded in 2005 as Transaction Solutions International, Vortiv (ASX:VOR) started out as a payments business in India providing ATM and automated bill payment services. Renamed Vortiv, the company has expanded in cybersecurity, acquiring Decipher Works in 2017 and Cloudten Industries in 2019.
Vortiv sold both companies in December 2020, but is continuing its cybersecurity efforts, offering an electronic surveillance system through its stake in TSI India.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article.
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The vanadium market in Australia has proven volatile over the years, but there are many potentially promising companies in the market.
Vanadium is important due to its non-corrosive properties and wide uses. However, due to its unstable state, pure vanadium is not often found in nature, making it rarer than many other industrial metals.
Vanadium was discovered in 1801 by scientist Andrés Manuel del Rio and was named after the Norse goddess Freyja, whose old Norse name is Vanadis. It is a non-corrosive, silver-gray transition metal with high malleability.
The metal is often embedded within compounds, such as vanadinite, carnotite, patronite and phosphate, as well as some iron ores and crude oils. Overall, vanadium is present in around 65 different minerals that naturally occur in trace amounts in some rock formations. It is generally produced by reducing vanadium oxide with calcium.
Once reduced, vanadium is usually mixed with iron to form metal alloys that are used to produce high-strength steel, which can be further used in a variety of essential industrial applications, such as tools, jet engines, oil and gas pipelines, motor vehicle parts and bars for construction.
Aside from its key application in steel, vanadium is used to produce many other materials as well, both industrial and non-industrial, including ceramics, textile dyes, synthetic rubber, fertilizers, electronics and welding materials. It can be used to make alloys in superconductor construction and nuclear engineering, and in its chemical form, vanadium is used to produce sulfuric acid, fuel cells and batteries.
Read on to learn more about this unusual metal, and which companies in Australia are focused on it.
Vanadium in Australia: The current landscape
Vanadium’s top three producers worldwide are South Africa, China and Russia, which are also the countries with the largest vanadium reserves. China is responsible for the majority of the world’s vanadium output at 60 percent, with Russia at 17 percent and South Africa at 7 percent globally. Currently, there are no vanadium mines in the US or Europe, making it a relatively untapped market for most of the western world.
While vanadium is a highly useful and versatile element, its market presence has always been shaky. This is because it is closely tied to the steel industry, meaning that when steel production increases, so does vanadium consumption. This link can cause vanadium’s price to fluctuate rapidly, plummeting and spiking in conjunction with demand for steel. For example, in 2004, vanadium was priced at just US$5.70 per pound, but over the course of the year its price almost tripled, coming in at US$16.89 by 2005.
Unsurprisingly, the vanadium market in Australia has proved volatile over the years, with ups and downs in terms of resource availability and production. While there are quite a few vanadium-focused companies located in Australia, the country has not historically been a top producer of the metal.
Some of Australia’s existing vanadium companies include King River Resources (ASX:KRR), with its Speewah vanadium project located in the Kimberley region of Western Australia; Neometals (ASX:NMT,OTC Pink:RRSSF), with its vanadium-centric Barrambie project in Western Australia; Technology Metals Australia (ASX:TMT), with its Gabanintha project in Western Australia; and Venus Metals (ASX:VMC), with its Western Australia-based Youanmi vanadium project, located just southeast of Windimurra.
Another emerging vanadium miner is Australian Vanadium (ASX:AVL), which owns the Australian Vanadium project located in the Murchison region; it spans about 260 square kilometres in Western Australia.
Recently, Canadian firm Currie Rose Resources (TSXV:CUI) announced plans to purchase two Australia-based vanadium projects, Toolebuc and Flinders River; the company plans to bring them together into a project called North Queensland, where the assets are both located.
Vanadium in Australia: The future
Looking ahead, Australia’s vanadium-mining potential is set to grow as interest in vanadium rises.
Demand is anticipated to rise due to the metal’s critical role in battery storage technology, where it is used in vanadium redox flow batteries. This means vanadium mining in Australia could also experience a boom, and the up-and-coming projects mentioned above could bolster vanadium’s growth potential.
For example, Australian Vanadium's Australian Vanadium property was awarded Federal Major Project Status by the Australian government in September 2019 to recognize its national strategic importance; in April 2020, it was awarded State Lead Agency Status by the Western Australian government.
A November 2021 resource update shows the project's total measured, indicated and inferred resource stands at 239 million tonnes at 0.73 percent vanadium pentoxide. It is expected to produce about 11,000 tonnes of vanadium pentoxide annually, accounting for around 5 percent of vanadium output worldwide.
Another Australian vanadium mine under development is Technology Metals' Gabanintha project, a proposed open-pit mine with 29.6 million tonnes of vanadium reserves in the Meekatharra region in Western Australia.
King River Resources is another advanced vanadium developer, and its Speewah specialty metals project has a total measured, indicated and inferred resource of 4,712 million tonnes at 0.33 percent vanadium pentoxide. This project has developed over the past 10 years into a flourishing vanadium deposit and continues to grow.
Neometals’ permitted Barrambie titanium and vanadium project is being developed as well, with hydrometallurgical developments in the works and updates to follow. Currently, the project has a resource of 64.9 million tonnes of vanadium at 0.82 percent vanadium pentoxide.
Finally, Atlantic (ASX:ATI) acquired the Windimurra vanadium project in May 2016. The property is under development at the moment and is located in Western Australia, near Perth and Mount Magnet. It estimates an annual production capacity of around 7,600 tonnes of high-grade vanadium pentoxide flake.
Given the metal’s bright outlook and the promising new ventures in the works, vanadium in Australia is looking better than ever for investors interested in the battery metals space.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.