Top 10 at 10: Piedmont gets green light to build ‘one of the lowest cost, most sustainable lithium hydroxide operations in the world’

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Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.

 

WINNERS

Stocks highlighted in yellow made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap MRQ MRG Metals Limited 0.002 100% 1,500,000 $2,525,119 ADR Adherium Ltd 0.07 75% 8,346,605 $13,337,599 TD1 Tali Digital Limited 0.002 33% 510,000 $4,942,733 CLZ Classic Min Ltd 0.012 33% 3,596,558 $2,320,310 CVR Cavalierresources 0.215 30% 212,972 $5,251,771 OZM Ozaurum Resources 0.05 25% 480,395 $6,350,000 ECT Env Clean Tech Ltd. 0.005 25% 102,837 $12,687,242 PLL Piedmont Lithium Inc 0.255 24% 3,672,548 $478,685,663 BNZ Benzmining 0.18 20% 121,574 $16,691,696 ZER Zeta Resources Ltd 0.24 20% 55 $106,080,139

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US lithium stock Piedmont (ASX:PLL) received all important mining approval for the Carolina Lithium project in North Carolina.

“We plan to develop Carolina Lithium as one of the lowest cost, most sustainable lithium hydroxide operations in the world, and as a critical part of the American electric vehicle supply chain,” PLL boss Keith Phillips says.

“The project is expected to contribute billions of dollars of economic output and several hundred jobs to Gaston County and North Carolina’s growing electrification economy.”

Adherium’s (ASX:ADR) Hailie ‘smart inhaler’ has received clearance from the U.S. Food and Drug Administration (FDA) for use with AstraZeneca’s Airsupra and Breztri inhalation devices.

Explorer NewPeak (ASX:NPM) will buy an early stage Canadian uranium, rare earths and scandium project for $500,000 in shares.

And OzAurum Resources (ASX:OZM) says drilling has started the Boca Rica lithium project in Brazil.

 

LOSERS

Stocks highlighted in yellow made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap RMX Red Mount Mining 0.001 -33% 14,277 $4,010,364 CNJ Conico Ltd 0.0015 -25% 805,246 $3,610,190 SFG Seafarms Group Ltd 0.003 -25% 16,153 $19,346,397 MOM Moab Minerals Ltd 0.005 -17% 84,000 $4,271,778 OSL Oncosil Medical 0.005 -17% 20,000 $13,533,247 TMR Tempus Resources Ltd 0.005 -17% 10,000 $4,385,992 SLM Solismineralsltd 0.11 -15% 348,900 $10,084,522 HHR Hartshead Resources 0.006 -14% 200,000 $19,660,775 TMS Tennant Minerals Ltd 0.025 -14% 4,098,684 $22,170,884 MMM Marley Spoon Se 0.045 -13% 470 $6,121,669

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The post Top 10 at 10: Piedmont gets green light to build ‘one of the lowest cost, most sustainable lithium hydroxide operations in the world’ appeared first on Stockhead.

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