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The ASX has been down more than 6% at 7,204 points this morning.
There’s been carnage across the ASX and all sectors are heavily down. The Energy sector has been bleeding the most, down around -8.9%, followed by Materials, down -7.6%, and Financials, down -7%.
In company news, MTM Critical Metals (ASX:MTM) has been among the most watched on HotCopper forums after entering a trading halt pending the announcement of metal recovery results from electronic waste.
Elixir Energy (ASX:EXR) has also been trending on a deal with Xstrata Resources (ASX:XST) which farms out the Diona sub-block of ATP 2077. Xstrata was assigned a 51% interest in the sub-block in return for fully funding the cost of a drilling exploration well.
And, finally, Trigg Minerals (ASX:TMG) has highlighted the exemption of antimony from the US government’s recently announced reciprocal tariff policy.
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