Small caps ignite: REC doubles as deals and drill stories dominate Materials week
3:20pm on Saturday 21st of February, 2026 AEDT
Key Points
Recharge Metals (ASX:REC) jumped <span class="text-success"><i class="ci-trending-up me-1"></i>109.09%</span> after locking in funding and a deal for a defined gold resource in WA
EAU Lithium (ASX:C1X) surged <span class="text-success"><i class="ci-trending-up me-1"></i>85.19%</span> after signing a negotiation framework with Bolivia’s state lithium group using Vulcan’s extraction tech
King River Resources (ASX:KRR) rose <span class="text-success"><i class="ci-trending-up me-1"></i>45.45%</span> after taking an option over a high-grade historic gold area and flagging a 2026 work program
Calix (ASX:CXL) sank <span class="text-danger"><i class="ci-trending-down me-1"></i>-36.36%</span> after Pilbara Minerals took full control of their lithium processing venture and paid $11.4m for Calix’s stake