The S&P/ASX 200 Index (ASX: XJO) finished today 0.94% in the red. But three ASX mining shares closed trade smashing the index.

The Sayona Mining Ltd (ASX: SYA), Metals X Limited (ASX: MLX) and Strategic Elements Ltd (ASX: SOR) share prices were all soaring today.

Let’s take a look at these three ASX mining shares in more detail.

Sayona Mining

Sayona Mining shares lifted 7.35% today. However, Sayona shares sank 11% in yesterday’s trade. Investors may have been buying up Sayona shares following recent declines. The Sayona Mining share price has tumbled 48.45% since 13 September. Looking ahead, Sayona recently announced its North American Lithium operation is on track to restart production in the first quarter of 2023.

Sayona shares have soared 40% in the last year.

Strategic Elements

Strategic Elements shares soared 51.11% on Thursday. In today’s news, Strategic Elements advised the market of “outstanding battery development success”. The company reported successful developments in Energy Ink, a new power source that produces electrical energy from moisture in the air.

Commenting on the news, managing director Charles Murphy said:

The technology is evolving at a rapid rate. It was a fantastic result to clearly produce more than enough power compared to a leading existing glucose monitoring patch being used by millions of people worldwide and to have the excess potential for a manufacturer to include more advanced sensing or other features.

The Strategic Elements share price has descended more than 30% in the last year.

Metals X Limited

The Metals X share price leapt 7.81% today. The company did not released any news to the market today. Metals X touts itself as Australia’s biggest tin producer and has a 50% equity interest in the Renison Tin Operation in Tasmania. Tin futures are up 0.02% today and have leapt 7.63% in the last month, Trading Economics data shows. In a recent presentation, Metals X said it is debt free.

Metals X shares have lost nearly 27% in the last year.

The post 3 ASX mining shares that left the index in the dust on Thursday appeared first on The Motley Fool Australia.

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More reading

• Why Bowen Coking Coal, Domino’s, Sayona Mining, and Strategic Elements are rising
• Why did the Sayona Mining share price sink 11% today?
• Here are the 10 most shorted ASX shares
• While the ASX 200 struggled in 2022, investors doubled down on lithium shares. Here’s why
• Why has the Sayona Mining share price tanked 10% in 2 weeks?

Motley Fool contributor Monica O’Shea has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you’re wanting to strengthen your portfolio in 2023 with some ASX 200 blue chip shares, you may want to look at the two listed below.

Both have recently been named as buys by brokers. Here’s why they could be blue chip shares to buy:

Goodman Group (ASX: GMG)

The first blue chip ASX 200 share to look at is Goodman Group.

It is a leading integrated commercial and industrial property company with operations across the world. Among its portfolio are warehouses, data centres, large scale logistics facilities, and business and office parks.

Over the last decade, demand for Goodman’s properties has been strong and has underpinned sky high occupancy rates and solid earnings growth.

Pleasingly, Goldman Sachs expects this strong growth to continue in FY 2023. In fact, the broker believes “GMG can deliver FY23 growth ahead of initial guidance” of 11%. This is due to “strong development WIP at strong margins” and further assets under management growth.

Goldman currently has a buy rating and $24.20 price target on the company’s shares.

Treasury Wine Estates Ltd (ASX: TWE)

Another blue chip ASX 200 share that is highly rated is Treasury Wine. It the global wine giant behind a range of popular brands including Penfolds.

Treasury Wine certainly has been through a lot in recent years (kicked out of China/COVID), but has overhauled its business very successfully. So much so, the team at Morgans believe “the foundations are now in place for TWE to deliver strong earnings growth” in the coming years.

As a result, it will come as no surprise that Morgans has named Treasury Wine as a “key pick”.

Its analysts currently have an add rating and $15.71 price target on its shares.

The post Brokers name 2 high quality blue chip ASX 200 shares to buy appeared first on The Motley Fool Australia.

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More reading

• 3 big ASX share winners in 2022 that could soar again next year
• Bell Potter names 3 stellar ASX 200 shares to own in 2023
• Looking to buy ASX shares for your kids this Christmas? I think these are great options
• Here’s why analysts rate these blue chip ASX 200 shares as buys
• Experts say these strong blue chip ASX 200 shares are buys for 2023

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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One thing the Australian share market is not short of is dividend shares.

And while the average yield of approximately 4% is very attractive, some shares could offer even greater yields in 2023.

Two high-yield ASX 200 income shares are listed below. Should you buy them for an income boost?

Harvey Norman Holdings Limited (ASX: HVN)

The first ASX 200 income share to look at is retail giant Harvey Norman.

With its shares down 18% this year, Goldman Sachs believes they are trading at an attractive level.

This is due to the broker’s belief that Harvey Norman is well-placed to defend its strong market position from online disruption thanks to its favourable customer demographics. Goldman expects this to lead to above consensus earnings and big dividends in the near future.

As a result, the broker has a buy rating and $4.80 price target on its shares.

In addition, Goldman is expecting fully franked dividends of 38 cents per share in FY 2023 and 32 cents per share in FY 2024. Based on the current Harvey Norman share price of $4.12, this will mean yields of 9.2% and 7.8%, respectively.

Whitehaven Coal Ltd (ASX: WHC)

Another ASX income share that has been tipped as a buy is Whitehaven Coal.

It is a coal miner that is printing money at the moment thanks to sky high coal prices.

And with coal prices expected to remain strong in the near term, Whitehaven Coal appears well-placed to reward its shareholders with big dividends in 2023 and 2024.

In fact, the team at Morgans is forecasting fully franked dividends per share of 115 cents in FY 2023 and 95 cents in FY 2024. Based on the latest Whitehaven Coal share price of $9.31, this will mean yields of 12.3% and 10.2%, respectively.

Morgans also sees plenty of value on offer with its shares. It has an add rating and $11.20 price target on them.

The post 9% and 12% dividend yields! Should I buy these ASX 200 income shares? appeared first on The Motley Fool Australia.

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More reading

• Why Invictus Energy, Star, Whitehaven Coal, and Woodside shares are dropping
• This Whitehaven Coal director just sold 25% of their company shares. What’s going on?
• Guess which ASX 200 share turned a $10,000 investment into $40,000 in 2022
• Little downside protection for popular ASX 200 shares as 2023 looms a much tougher year for blue chip stocks
• Here are the top 10 ASX 200 shares today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Harvey Norman. The Motley Fool Australia has positions in and has recommended Harvey Norman. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The ASX share market could soon offer up a few opportunities as China reopens its borders and lessens travel restrictions on its citizens.

China had been living through lockdowns to limit the spread of COVID-19. But, now restrictions are being rapidly and widely removed.

According to reporting by media, including CNBC:

China’s National Health Commission announced late Monday that starting Jan. 8, inbound travellers would no longer need to quarantine upon arrival on the mainland, ending a policy of nearly three years.

Authorities also said they would allow Chinese citizens to resume travel, without providing details on timing or process.

During the pandemic, Beijing prevented Chinese citizens from getting passports or leaving the country unless they had a clear reason, typically for business.

CNBC also reported that within half an hour of China’s announced policy change searches for travel abroad surged to a three-year high, according to Trip.com Group. Australia was one of the top 10 destinations outside the mainland with the fastest-growing search volume.

If there’s going to be a deluge of Chinese visitors returning to Australia’s shores, then there may be a few ASX shares that could noticeably benefit and get an earnings boost.

A2 Milk Company Ltd (ASX: A2M)

The A2 Milk share price has gone on a good run in 2022 – it’s up more than 20% to date.

But, it’s still down around 65% since early July 2020.

One of the main problems for the company has been a large reduction in infant formula buying by daigou. If Chinese tourists return to Australia to pre-COVID levels, it could get a good boost.

Remember that in FY21, A2 Milk saw revenue sink 30.3% to $1.21 billion, while net profit after tax (NPAT) dropped 79.1% to $80.7 million. I’m not suggesting that all of A2 Milk’s lost earnings will suddenly return, but I do think Chinese tourists could be a boost for the business.

Idp Education Ltd (ASX: IEL)

The student placement and international English language testing business could benefit from a return of Chinese students. Remember, in FY19 the ASX share generated $104.3 million of revenue for students in Australia. In FY22 this figure was only $81.8 million.

If Chinese students return to Australia (and other destinations that Idp Education services), then its revenue and earnings could get a useful boost.

With how much operating leverage the company has, new revenue could translate into a much larger increase in net profit, potentially boosting the Idp Education share price.

Auckland International Airport Limited (ASX: AIA)

New Zealand used to see hundreds of thousands of visitors from China each year. But when they stopped coming, Auckland Airport lost a good portion of its earnings.

In the monthly update for October 2022, the business noted that total passenger numbers were only 72% of pre-COVID times, with Chinese visitors only being 13% of the pre-COVID total.

If Chinese visitors return to close to pre-COVID levels, it could be a real boost for the ASX share’s earnings. However, it was more than just Chinese passengers that made up passenger numbers, so we may need to see passengers from other countries recover as well.

The post I think these 3 ASX shares could benefit from a Chinese tourism boom appeared first on The Motley Fool Australia.

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More reading

• 3 ASX shares I’d buy if the stock market crashes
• Could A2 Milk shares pay a dividend in 2023?
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today
• What drove the A2 Milk share price 18% higher in November?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Idp Education. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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