The Reserve Bank of Australia (RBA) cut the cash rate multiple times last year, making ASX dividend shares a lot more appealing for passive income.

It’s certainly possible that the RBA could decide to increase the interest rate 2025, so we’ll have to see what happens. The strength of inflation could be key.

I’m going to outline two ASX dividend shares that could be a great option today.

Charter Hall Long WALE REIT (ASX: CLW)

This is a real estate investment trust (REIT) that owns a diversified portfolio of properties across Australia’s cities. It has built its asset base to have a long weighted average lease expiry (WALE), hence the name.

At the end of FY25, the business had a WALE of 9.3 years, which is an exceptional level of income visibility and security for investors.

Those properties are from a diverse array of tenant industries including pubs and hotels, government-tenanted buildings, telecommunication exchanges, data centres, service stations, grocery and distribution, food manufacturing and so on.

One of the reasons why I think it’s such an effective ASX dividend share pick today is because it has steady rental growth built into its contracts and it’s able to provide investors with a high degree of certainty regarding its rental earnings.

For FY26, it has guided that its operating earnings per security (EPS) and distribution per security will both be 25 cents. That translates into a distribution yield of 6.1%, which I think is an attractive level of passive income.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle has been one of the most impressive ASX dividend shares considering it operates in a very volatile sector – funds management. It buys stakes in promising funds management businesses (affiliates) and helps them grow.

The company offers its affiliates a number of services such as fund administration, compliance, finance, legal, distribution and client services, seed funds under management (FUM), technology, working capital and more.

Pinnacle is benefiting from the natural investment growth of the affiliates’ funds, the net inflows they’re seeing and the occasional addition of a new affiliate to the portfolio.  

In the first three months of FY26, Pinnacle saw its FUM rise 10% (compared to June 2025) to $197.4 billion. This growth included total net inflows of $13.3 billion for the quarter.

With most affiliate strategies having outperformed their benchmarks over the prior five years, they have a good track record to attract more FUM for the foreseeable future, which is a good tailwind for earnings.

The ASX dividend share increased its annual dividend every year between FY17 to FY25, aside from FY20 when it maintained the payout. It currently has a grossed-up dividend yield of around 5%, including franking credits. I think that’s a great starting point for an ASX dividend share.

The post 2 top ASX dividend share buys for passive income in January 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Pinnacle Investment Management Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

BlueScope Steel Ltd (ASX: BSL) doesn’t shout. It just delivers.

The $10.5 billion steel stock has quietly gone about its business. At the time of writing, BlueScope Steel shares are trading hands at $24.14 apiece.

If you’re wondering why the market can’t get enough of it, here are 3 reasons BlueScope Steel shares still look buy-worthy.

Upbeat analysts see upside

Let’s start with the scoreboard. BlueScope shares are up a solid 29% in the past 12 months. That’s not a lucky bounce, but sustained momentum.

Even after that run, analysts aren’t waving the caution flag. Brokers are generally upbeat, with most market watchers recommending BlueScope Steel shares as a strong buy.

Several major brokers see further room for gains for the steel stock, with average 12-month price targets at $26.26 and some high-end estimates of $28. This implies an 16% upside at the current share price.

Higher-margin steel products

BlueScope Steel’s share price recovery is being driven by a combination of supportive factors. A pickup in Australian construction activity has lifted demand for the company’s coated and painted steel products, including Colorbond and Zincalume.

Alongside this, ongoing cost-reduction initiatives and improvements in operational efficiency are strengthening BlueScope’s performance. The deliberate shift toward higher-margin premium steel products further supports the view that the steel maker is managing its position within a cyclical industry with greater discipline.

For investors, that means more stable earnings and fewer nasty surprises when the steel cycle turns.

BlueScope Steel shares offer options

Steel cycles can be brutal. BlueScope Steel’s balance sheet, however, looks built for survival and opportunity. The company has emerged leaner, more flexible and better capitalised than in past cycles.

That financial strength gives management options. BlueScope Steel can invest in growth, weather downturns, or return capital to shareholders. Markets love options, especially in industrial names.

Yes, risks remain. Steel demand is tied to global growth, energy costs can spike, and oversupply never fully disappears. The company also continues to grapple with lower returns on equity compared with industry rivals, raising questions about capital efficiency.

But analysts broadly agree BlueScope Steel is better placed than most to handle those headwinds. The steel producer has kept dividends stable, signalling confidence in the underlying business. BlueScope Steel shares offer an acceptable dividend yield of 3.3%, which could lift total earnings, including dividends, close to the 20% mark.  

Operationally, the company’s Australian steelmaking division remains a steady performer, while its move toward branded, value-added products gives it more pricing power than commodity steelmakers typically enjoy.

Put it all together and the case is simple. Strong momentum, smarter operations and financial muscle explain why BlueScope Steel shares are worth considering.

The post 3 reasons to buy BlueScope Steel shares now appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther 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.

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week on a positive note. The benchmark index rose 0.15% to 8,727.8 points.

Will the market be able to build on this on Monday? Here are five things to watch:

ASX 200 expected to rise again

The Australian share market looks set for a decent start to the week following a relatively positive finish to the last one on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 11 points or 0.15% higher. In the United States, the Dow Jones was up 0.65%, the S&P 500 rose 0.2%, and the Nasdaq finished largely flat.

Oil prices slip

It could be a subdued start to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices slipped on Friday night. According to Bloomberg, the WTI crude oil price was up 0.15% to US$57.32 a barrel and the Brent crude oil price was down 0.15% to US$60.75 a barrel. Since then, the Venezuelan leader Maduro has been overthrown. Given how oil-rich it is, this could have an impact on oil markets when they reopen.

BHP and Rio Tinto expected to rise

It looks set to be a good start to the week for BHP Group Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO) shares on Monday after their NYSE-listed shares charged higher on Friday night. Both miners were up around 2% during the session on Wall Street. This left both mining giants trading within touching distance of their 52-week highs.

Gold price falls

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a subdued start to the week after the gold price edged lower on Friday night. According to CNBC, the gold futures price was down 0.25% to US$4,329.6 an ounce. This may have been driven by profit-taking from some traders.

Collins Foods pay day

Today is a good day for owners of Collins Foods Ltd (ASX: CKF). That’s because today is pay day for the KFC focused quick service restaurant operator’s shareholders. Last month, the company released its half year results and revealed a 29.5% increase in underlying net profit after tax to $30.8 million. This allowed the Collins Foods board to increase its fully franked interim dividend by 18% to 13 cents per share.

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

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• 3 of the best performing VanEck ASX ETFs in the last year
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• Can Santos shares reignite after a 20% slide?
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Motley Fool contributor James Mickleboro has positions in Collins Foods and Woodside Energy Group. 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 BHP Group and Collins Foods. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

It’s no secret that Aussies love a holiday, which impacts the performance of many travel shares listed on the ASX. 

While travel shares is an umbrella term, it includes many ASX listed companies that operate in leisure, tourism, business etc – and all contribute significantly to the Australian economy. 

Here are three to keep an eye on this year. 

Qantas Airways Ltd (ASX: QAN)

As Australia’s largest and most recognisable airline, Qantas holds an important and dominant space in the Australian tourism landscape. 

Last year, like many other ASX 200 shares, it dipped during early April amongst tariff panic. 

However after that, it rebounded significantly, rising more than 30% from April 9 until the new year. 

Overall, it finished 2025 with a total gain of more than 15%. 

For context, the S&P/ASX 200 Index (ASX: XJO) rose approximately 6.3% in 2025. 

However, it seems some experts are tipping more turbulence than upwards trajectory in 2026. 

For one, general consensus is that 2026 may bring RBA rate increases, which could put pressure on household spending. 

Rising interest rates usually hurt travel shares because higher borrowing costs and mortgage repayments reduce discretionary spending on travel. 

In December, Sanlam Private Wealth’s Ben Faulkner said the Qantas share price has run ahead of fundamentals. 

This leaves it vulnerable to any possible downgrades. 

On the flip side, average analyst ratings from TradingView has a 12 month price target on these travel shares of $12.31. 

This is 17% higher than Friday’s closing price. 

SiteMinder Ltd (ASX: SDR)

These ASX travel shares ended the year on a bull run that simply cannot be ignored. 

In the past 6 months, SiteMinder shares rose 38.15%. 

It is a technology company that provides an e-commerce platform for hotels and other accommodation businesses. The company touts its product as helping hotels to sell, market, manage, and grow their businesses from one platform.

Even after its strong end to 2025, there could be more room for growth. 

Late last year, UBS placed a price target of $8.30 on these ASX travel shares. 

That indicates a further rise of 35% from Friday’s closing price. 

Kelsian Group Ltd (ASX: KLS)

Kelsian Group was one of the best performing ASX travel shares last year. 

The company operates public and private transport and tourism services through a portfolio of brand names across Australia, United States, Singapore, London, and the Channel Islands. 

In 2025, its share price rose an impressive 18%. 

Despite this growth, it is still trading on a cheap price/earnings (P/E) ratio based on expected growth from forecasts on CMC Markets. 

Furthermore, this travel stock is expected to pay a grossed-up dividend yield of 6.2% in FY26 and 6.9% in FY27.

The post ASX travel shares to watch in 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell 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 SiteMinder. The Motley Fool Australia has positions in and has recommended SiteMinder. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

It was little surprising that ASX gold stocks ranked among the market’s standout performers in 2025.

A surging gold price powered hefty gains for ASX gold stocks. Evolution Mining Ltd (ASX: EVN), Ramelius Resources Ltd (ASX: RMS) and Regis Resources Ltd (ASX: RRL) emerged as some of the strongest performers in the ASX 200.

Evolution’s share price jumped 163% to $12.68. Ramelius just muscled its way to an all-time high of $4.20, kicking off the year up 3.4% after a blistering 102% surge in 2025. ASX gold stock Regis almost tripled in value in 2025, lifting its market capitalisation to $5.7 billion.

Now, investors are asking whether the gold rally still has legs. A closer look at last year’s outperforming gold shares suggests the answer is far from clear-cut.

Evolution Mining Ltd (ASX: EVN)

The outlook for Evolution — and for ASX gold stocks more broadly — hinges largely on the direction of bullion in the year ahead.

Operationally, Evolution remains in good shape. The miner delivered record production, generated strong cash flow and kept costs low, positioning it well when gold prices are rising.

Valuation, however, has become a sticking point. After the explosive run of the ASX gold stock, several brokers have cooled on the outlook. UBS at one stage downgraded the shares to sell, trimming price targets on weaker earnings forecasts and flagging flat production ahead.

Analysts now publish a wide spread of valuation estimates, suggesting the market may already be pricing in more growth than the business can realistically deliver. With gold prices sensitive to currency moves and shifting macro sentiment, the risk of consolidation is rising.

TradingView data show most analysts rate the $25 billion miner a hold. The most bullish 12-month price target of $14.45 implies 14% upside, while the average target of $11.20 points to an 11% pullback.

Ramelius Resources Ltd (ASX: RMS)

Ramelius Resources has spent years as gold’s quiet achiever. Not anymore. Suddenly, after last year’s 102% surge, Ramelius is an $8 billion ASX gold stock.

The pitch is getting louder. Management is gunning for 500,000 ounces a year by decade’s end, a leap that would haul Ramelius out of mid-cap limbo and into genuine mid-tier status.

The fundamentals are lining up. The Perth gold producer has a focused WA asset base, strong cash flow and a beefed-up resource inventory post-merger. Costs are rising and integration risk remains, but sentiment has shifted.

A $250 million buyback and higher dividends have brokers cheering, with average 12-month price targets near $4.70 and potential gains of 11%. However, some analysts are seeing 50%+ upside for 2026.

Regis Resources Ltd (ASX: RRL)

Regis also rode the gold wave, rebounding from earlier losses to deliver a strong profit as bullion climbed. Broker sentiment is mixed but marginally more constructive than for Evolution and a little more pessimistic than for Ramelius.

Some analysts point to solid production and results that exceeded expectations, lifting price targets and highlighting attractive dividend yields.

Still, challenges remain. FY26 guidance points to flat or slightly lower production and rising costs, suggesting the easy gains may be behind it. While interest in gold stocks persists, Regis’ growth outlook looks less explosive than last year.

The most optimistic analyst sees 27% upside to a $9.60 target, but the average forecast of $6.95 sits 8% below the current $7.55 share price.

The post Which ASX gold stock should you buy in 2026? appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther 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.

The Woodside Energy Group Ltd (ASX: WDS) share price could come under pressure in the near term. This comes as global oil prices weaken amid fresh geopolitical developments.

At last week’s market close, the company’s shares finished at $23.66.

Woodside is Australia’s largest oil and gas producer, so changes in oil prices directly affect earnings and investor sentiment.

Right now, the outlook for oil prices is turning softer, which could weigh on the share price.

Here’s why.

Oil prices are already under pressure

Oil prices have been trending lower in recent months, and the weakness has continued into early 2026.

According to Trading Economics, WTI crude is trading around US$57.30 a barrel. That is down roughly 22.5% over the past year.

Brent crude, the global benchmark, is sitting near US$60.75 a barrel. That puts Brent down around 20.6% year-on-year.

The weakness is being driven by slower global economic growth, high inventory levels, and rising production from non-OPEC countries. Supply growth has continued even as demand growth cools, particularly from China.

The International Energy Agency expects the global oil market to run a surplus of about 3.8 million barrels per day in 2026. That surplus is limiting the impact of geopolitical risks and keeping prices under pressure.

The US action in Venezuela adds more supply risk

Recent events in Venezuela could also make the oil oversupply problem worse.

The United States has taken direct control following the removal of Venezuela’s president. US leadership has signalled it plans to stabilise and manage the country during a transition period.

Importantly for markets, the US has also made clear it wants to bring Venezuela’s oil industry back online.

Venezuela holds the largest proven oil reserves in the world. However, years of sanctions, underinvestment, and poor management have crushed production.

If US companies are allowed to step in, as President Trump has indicated, production could rise over time.

Even the possibility of more Venezuelan oil returning to global markets puts pressure on prices today.

Why this matters for Woodside

Woodside’s earnings are closely linked to oil prices, particularly for its oil-heavy assets.

Lower oil prices generally mean:

• Lower revenue

• Weaker cash flow

• Less room for dividend growth

• Softer investor confidence

Even if Woodside’s production remains strong, falling oil prices can still hurt profitability.

In the current environment, investors may want to become more cautious on oil-exposed stocks, including Woodside.

Foolish bottom line

Woodside is a quality energy business, but oil markets move in cycles.

With oil prices under pressure and the risk of more global supply emerging, Woodside shares may face short-term downside. Investors should keep a close eye on oil prices and be prepared for volatility before conditions improve.

The post Why Woodside shares could face short-term pressure as oil prices slide appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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.

REA Group Ltd (ASX: REA) shares have fallen out of favour after several strong years on the ASX. The share price is now down around 20% over the past 12 months and almost 5% in the last month alone.

That pullback has raised fresh questions about whether a rebound could be on the cards in 2026.

Here’s what’s driving the share price lower, what brokers are saying, and whether this blue-chip could rebound.

What’s driving the weakness?

REA Group shares were much higher in early 2025, supported by strong profits and its dominant position in online property listings.

Since then, the share price has fallen as investors shifted away from technology and growth stocks. In 2025, the ASX tech sector lagged the broader market, even as the overall share market posted modest gains.

A steady flow of company news has also weighed on sentiment. Management changes, regulatory filings and recent share price moves have added to investor uncertainty.

While REA’s core Australian business continues to perform well, some overseas operations have been weaker. In India, for example, revenue fell in the first quarter, raising questions about growth outside Australia.

Earnings still showing strength

Even though the share price has fallen, REA’s latest results show the business continues to grow.

In the first quarter of FY26, revenue rose by about 4% compared with last year, while profits increased by roughly 5%, supported by steady demand in REA’s key markets.

The company also said usage of realestate.com.au remains strong, with high levels of customer engagement. REA continues to invest in technology to defend its leading position in online property listings, even as growth moderates.

What brokers think

Brokers do not all agree on REA Group, but most still see upside from current share price levels.

Macquarie has a neutral rating and a price target of $220. This suggests the broker sees some upside, but expects a more gradual recovery.

Other brokers are more optimistic. UBS has a price target of $255, Bell Potter sits at $244, and Jefferies has a target of $225. While some targets have been trimmed recently, they still sit above last week’s closing share price of $184.78.

Overall, the average broker price target is closer to $240. That implies potential upside of roughly 30% over the next 12 months if the company meets expectations.

So, is a rebound likely?

A rebound is not certain, but there are signs that the worst of the sell-off may be over.

REA remains profitable, broker targets sit above current levels, and sentiment could improve if interest rate cuts support growth stocks.

REA is not a short-term trade, but 2026 could appeal to long-term investors comfortable with volatility.

The post Down 20% in a year, can REA Group shares rebound in 2026? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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.

Investors can buy a variety of blue-chips on the ASX, with Wesfarmers Ltd (ASX: WES) stock being a popular option. The owner of Bunnings and Kmart may not be the biggest business on the ASX, but there are reasons to think it’s one of the more appealing for its dividend yield.

I like it when a company can provide investors with growing dividends and capital growth as that can lead to compelling total returns. Dividends are a powerful form of passive income and Wesfarmers is one of the leaders of the ASX at providing payouts.

Let’s take a look at whether it’s an appealing option for its dividend yield.

Impressive passive income record

The company is committed to growing its payout for shareholders over time. Wesfarmers has an ultimate goal of delivering satisfactory returns to shareholders, and dividends are a part of that.

It wants to invest in businesses where there are opportunities, and acquire or divest businesses to increase long-term shareholder wealth. Management also manages the company’s balance sheet to achieve an appropriate risk profile and optimise the cost of capital, while maintaining the flexibility to take advantage of opportunities as they arise.

In terms of dividends, Wesfarmers stated on its website:

As well as share price appreciation, Wesfarmers seeks to grow dividends over time commensurate with performance in earnings and cash flow.

The company has grown its annual dividend per share each year since divesting the Coles Group Ltd (ASX: COL) business. Not many ASX blue-chip shares can say they’ve increased their payout every year since 2020.

The latest annual dividend per share in FY25 came to $2.06, representing a year-over-year increase of 4%. At the current Wesfarmers stock price, that represents a grossed-up dividend yield of 3.6%, including franking credits.

On the dividend side if things, the payout isn’t significant or attractive. But, growth is expected in the 2026 financial year and 2027 financial year.

According to the projection on Commsec, Wesfarmers is forecast to pay an annual dividend per share of $2.39 in FY27. That translates into a potential future grossed-up dividend yield of 4.2%, including franking credits.

Is the Wesfarmers stock price a buy?

From my perspective, Wesfarmers is one of the highest-quality businesses around because of the strong returns on capital (ROC) that Bunnings and Kmart deliver for Wesfarmers, enabling the business to deliver a return on equity (ROE) of more than 30%.

Over time, I’m expecting Wesfarmers to deliver strong levels of earnings thanks its ability to invest in its growing segments and unlock further opportunities in new areas such as healthcare, lithium mining and Anko retailing in the Philippines. In five years, I think there will be more businesses in the Wesfarmers stable.

I think it can deliver over the long-term, however, it’s priced at 33x FY26’s estimated earnings – this is higher than the price/earnings (P/E) ratio has been over the long-term.

Additionally, according to Commsec, there are currently six analyst sell ratings on the business, seven hold ratings and one buy rating. In other words, the experts are seeing better value elsewhere.

The post Is Wesfarmers stock a buy for its 3.6% dividend yield? appeared first on The Motley Fool Australia.

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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 Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in Zimplats Holdings Ltd (ASX: ZIM) have surged back into the spotlight.

The ASX miner’s share price is up roughly 75% in 2025, including a 25% jump over the past month, as platinum prices rebound sharply from last year’s lows.

With momentum returning to the platinum market, is Zimplats now worth buying after this strong rally?

Let’s break it down.

Platinum prices have turned a corner

The biggest driver behind Zimplats’ recent rally has been the turnaround in platinum prices.

After a difficult period in 2024, platinum has rebounded strongly into early 2026. Prices are now trading above US$2,100 per ounce, supported by tighter supply conditions and renewed investor interest in precious metals.

Supply constraints in South Africa remain a major factor. Ongoing power issues, rising costs, and operational disruptions have limited output across the region, helping to tighten the global market.

At the same time, demand has held up better than expected. Platinum is used mainly in car exhaust systems to reduce emissions and in various industrial products. Investor interest in precious metals has also increased as commodity prices rise.

What Zimplats reported in its latest update

In its most recent quarterly activities report, Zimplats highlighted steady operational performance across its Zimbabwe mines.

Mining and processing volumes were similar to the previous quarter, although metal output dipped slightly due to lower ore quality. Overall, production remained close to expectations.

Costs, however, moved higher. Cash costs per ounce rose by about 30% compared with the previous quarter, mainly due to higher labour, power and input costs. The company said it is continuing to focus on cost control to manage these pressures.

Despite higher costs, Zimplats remains in a strong financial position. The company reported a net cash balance, meaning it has more cash than debt on its balance sheet.

Is Zimplats a buy?

Zimplats gives investors direct exposure to a recovering platinum price and operates long life mines with existing infrastructure.

However, after a 75% rise in 2025, much of the short-term optimism may already be priced in. Investors need to be comfortable with ups and downs in platinum prices and the risks of operating mines in Zimbabwe.

Higher costs and changes in metal prices remain key risks to watch over the year ahead.

While the longer-term outlook for platinum is improving, I would prefer to watch Zimplats for now rather than buy at current levels. A pullback in the share price could offer a more attractive entry point.

The post Is this ASX platinum miner back in favour after a sharp rebound? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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.

ASX 200 materials was the best performer of the 11 market sectors in 2025, mostly because of rising ASX mining shares.

The S&P/ASX 200 Materials Index (ASX: XMJ) rose by 31.71% and produced total returns, including dividends, of 36.21%.

The sector outperformed the benchmark S&P/ASX 200 Index (ASX: XJO) by more than 4:1.

Wilson Asset Management lead portfolio manager Matthew Haupt expects the new year to remain favourable for ASX mining shares.

China is pivoting its construction focus from property to AI infrastructure, providing support to iron ore and aluminium prices.

China is also implementing measures to support electric vehicle (EV) manufacturing, which bodes well for lithium prices.

The measures include a plan to double EV charging capacity to 180 gigawatts by 2027 amid EVs forming the majority of new car sales in China for the first time in October.

Many of the best-performing commodities of 2025 reflect the green energy transition taking hold of the global economy, as well as a preference for safe-haven investing.

The silver price ripped 147%, gold rallied 65%, lithium increased 58%, copper rose 42%, and aluminium increased 17%.

Amid all these tailwinds, here are two ASX mining shares with buy recommendations from the experts.

Capstone Copper Corp CDI (ASX: CSC)

The Capstone Copper share price has risen by 43.5% over the past 12 months.

The ASX copper mining share closed at $14.54 apiece on Friday.

Capstone Copper has a portfolio of long-life copper mines in Chile, Mexico, and the United States.

Macquarie has a buy rating on Capstone Copper shares with a 12-month price target of $17.

In a recent note, the broker said:

We increase CSC EPS 9%/18% in CY25/26e due to Cu price upgrades, remaining our preference in the Cu space due to its strong organic growth profile and attractive relative value.

Resolute Mining Ltd (ASX: RSG)

The Resolute Mining share price has charged 201% higher over 12 months.

The ASX gold mining share closed at $1.24 on Friday.

Resolute Mining is an African-focused gold miner currently developing a third gold project, Doropo, in Cote d’Ivoire to supplement existing production from the Syama mine in Mali and the Mako mine in Senegal.

Resolute Mining shares ascended into the benchmark index in the December rebalance.

Macquarie has an outperform rating on Resolute Mining shares with a 12-month price target of $1.45.

The broker raised its price target after Resolute issued a major update on Doropo last month.

The post 2 ASX mining shares to buy for 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen 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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.