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The ASX200 closed down 0.45 of a per cent.
The energy sector lead gains, up 1.16 per cent. Real-estate fell the most, down one and three quarters of a per cent. Financials and Health care both lost around point nine of a per cent.
In this bulletin Vulcan Energy Resources, Core lithium, Sunshine Metals, Peninsula Energy, AVITA Medical and Charger Metals.
In the green
Vulcan Energy Resources (ASX:VUL) surged 24% following an update on lithium chloride production from its plant in Germany.
Early results revealed grades of 90 to 95% lithium, achieved through Vulcan’s adsorption-type direct lithium extraction (A-DLE) unit.
Vulcan says this marks the first company to produce lithium chemicals from a local source in Europe.
VUL closed at $3.55.
Core lithium (ASX:CXO) gained around three and a half per cent, after it revealed a 58% surge in its Mineral Resource Estimate.
An extensive drilling campaign undertaken in 2023 stands as the largest program ever executed by the company, according to the company.
CXO closed at 16c.
Sunshine Metals (ASX:SHN) gained 17.7% as the company mobilised a second drill rig to accelerate drilling activities at the Liontown-Ravenswood Consolidated Project.
The rig will test shallow oxide extensions to high-grade gold mineralisation.
The landholding is also prospective for copper.
SHN closed at 2c.
In the red
Peninsula Energy (ASX:PEN) shares fell 8.3% as it appointed Samuel Engineering to expand the plant at its flagship Lance play in Wyoming, USA.
The firm is prepared to commence construction at the site immediately, according to Peninsula Energy.
PEN closed at 11c.
AVITA Medical (ASX:AVH) fell nearly 12% after it downgraded its revenue guidance.
AVITA Medical now anticipates commercial revenue to be between US$11.0 million and US$11.3 million, which is down from a previous range between US$14.8 million and US$15.6 million.
AVH closed at $3.98.
And, Charger Metals (ASX:CHR) dropped 4.75% after an exploration update on its Lake Johnston Lithium project in Western Australia.
An infill soil-sampling program was completed at the Mt Gordon Prospect, partially funded by an arm of Rio Tinto.
CHR closed at 10c.
