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ASX Today: Stocks to watch on Tuesday

ASX News
ASX:EUR      MCAP $50.58M
15 August 2023 09:55 (AEDT)

Source: David Gray/Reuters

Futures suggest the ASX will trade flat this morning with the RBA’s meeting minutes being released today and a weaker China hangs in the background.

US bourses rose overnight, with the NASDAQ up over 1 per cent, driven by a strong gain from chipmaker Nvidia.

On home soil, here are some ASX-listed companies with news out today:

European Lithium (EUR) has been granted new mining licences in Austria, allowing it to double its overall acreage footprint.

“The Wolfsberg Project benefits from Austria’s robust and mature mining industry that reflects many of the aims of the EU’s proposed Critical Raw Materials Act,” European Lithium Chairman Tony Sage said.

Shares last traded at 8.2 cents.

Also in the materials space, Lake Resources (LKE) has announced its successful re-injection of 33 million litres of treated lithium brine pumped back into a reservoir in Argentina’s Catamarca region.

The move firms up the company’s ability to produce ‘clean’ or decarbonised lithium by restoring underwater aquifers from which the brine is extracted.

Shares last traded at 21 cents.

Antipa Minerals (AZY) has confirmed its phase one drill results at the WA Minyari copper-gold project have struck thick hits of gold.

The company has logged one 66-metre-wide intersection at a fairly low grade of 0.5g/t, but two four-metre sections grading at or close to 2g/t were also reported.

Shares last traded at 1.7 cents.

Meanwhile, DevEx Resources (DEV) has intersected more positive uranium drill intercepts in an infill campaign onsite at its Northern Territory Nabarlek uranium project.

The ‘U40’ prospect was drilled to the north and the south and the company now believes it has found a uranium-rich fault zone, expanding the U40 prospect and promoting the company to now expand its current drill run.

Shares last traded at 34.5 cents.

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