Critical Minerals Lead as Funding Questions Split the Materials Market
11:32am on Saturday 12th of September, 2026 AEST
Key Points
Australasian Metals (ASX:A8G) rose 100.00% after securing an option over two Côte d’Ivoire lithium projects.
Iondrive (ASX:ION) gained 52.94% after modelling a US$243 million post-tax value for a rare earth recovery module.
Sunrise Energy Metals (ASX:SRL) climbed 45.05% after reporting A$115.4 million in cash and a conditional US$400 million debt commitment.
Gold and tungsten explorers added strong drilling results, but large capital needs pushed down Bannerman (ASX:BMN), Westgold (ASX:WGX) and other developers.