sector coverage
Materials research
Materials coverage focuses on cost curves, reserve depth, capital intensity, balance-sheet endurance, and whether spot-price moves are changing through-cycle value.
17 editions linked in this hub.
Coverage
- 29 July 2026Mineral Resources' quarterly rally puts lithium cash against debt repairMineral Resources (ASX:MIN) rose after its FY26 quarterly update. We test whether execution offsets lithium prices and debt.
- 24 July 2026Resolute's ABC selloff puts growth ounces against Mali cash riskResolute Mining (ASX:RSG) fell after its ABC resource update. We test whether growth ounces offset Mali cash-flow risk.
- 23 July 2026James Hardie's results pop puts AZEK synergies behind the siding beatJames Hardie (ASX:JHX) jumped after preliminary Q1 FY27 sales beat guidance; the question is whether siding strength offsets AZEK debt.
- 20 July 2026Forrest's tungsten stake turns a supply-chain rally into a production testEQ Resources (ASX:EQR) jumped after Andrew Forrest's vehicle took Oaktree's stake. We test whether tungsten scarcity supports the move.
- 17 July 2026Regis lifted production guidance and still sold off with goldRegis Resources (ASX:RRL) fell about 9% after lifting FY27 output guidance. The question is whether gold-stock risk swamped mine evidence.
- 15 July 2026BHP's copper-led rally prices China's policy tailwind before iron ore does the workBHP Group (ASX:BHP) jumped 3.2% with the commodity tape. We test whether copper growth can carry an iron-ore-priced giant.
- 13 July 2026IGO's battery-metals selloff puts Greenbushes cash flow before the nickel resetIGO Limited (ASX:IGO) fell 10.1% as lithium and nickel sentiment cracked. We test whether Greenbushes cash flow offsets the nickel reset.
- 8 July 2026Alkane's gold output beat still left the market watching costsAlkane Resources (ASX:ALK) fell after top-half FY26 output and a cash build; the question is whether costs and merger integration explain the tape.
- 6 July 2026Boss's guidance pop brings Honeymoon's August study to the centreBoss Energy (ASX:BOE) rose after FY26 output met guidance; the August Honeymoon study now carries the valuation burden.
- 6 July 2026Vault's superior bid turns Leonora scale into the auction priceVault Minerals (ASX:VAU) jumped after Genesis topped Regis; the question is whether Leonora synergies explain the new price.
- 3 July 2026Genesis' gold rally asks whether Leonora can earn the price of growthGenesis Minerals (ASX:GMD) jumped 16.7% after meeting FY26 output guidance. We test whether Leonora growth supports the rerate.
- 1 July 2026South32's aluminium exit turns a rally into a copper and manganese questionSouth32 (ASX:S32) jumped after a US$5.6b aluminium sale. The question is whether a cleaner portfolio offsets lost cash flow.
- 30 June 2026Liontown's lithium selloff puts Kathleen's ramp-up before the price cycleLiontown (ASX:LTR) fell with lithium names despite a stronger March quarter; the question is whether price beta is drowning out ramp-up evidence.
- 26 June 2026Northern Star tracks bullion higher but the market still won't pay for record gold marginsNorthern Star (ASX:NST) is riding record gold prices, yet the market still won't pay for the margins. We test whether KCGM and Hemi can convert bullion into cash.
- 23 June 2026China's export blacklist re-rated Lynas from price-taker to strategic assetChina's rare-earth export blacklist re-rated Lynas (ASX:LYC) from price-taker to strategic asset. We test whether the NdPr premium and ex-China supply case hold.
- 22 June 2026MinRes wears the lithium selloff hardest because of the A$5.3bn behind itMineral Resources (ASX:MIN) wore the lithium selloff hardest because of the A$5.3bn debt behind it — can Onslow Iron carry the group until spodumene recovers?
- 22 June 2026Pilbara's P2000 down payment lands in a lithium selloff it didn't causePilbara Minerals (ASX:PLS) put money down on its P2000 expansion into a lithium selloff it didn't cause — does its low-cost position justify growth at the trough?