Despite a volatile past 12 months, the Fortescue Metals Group Limited (ASX: FMG) share price has surged 255% since 2017.

The iron ore miner’s shares hit a record high of $26.58 last July before sinking almost 50% in the following months.

Nonetheless, its shares have recovered some lost ground and last traded at $18.56.

The company is well-known for paying juicy dividends to shareholders regardless of times of economic uncertainty.

Let’s dive in to see how the Fortescue dividend stacks up against its peers over the last 5 years.

A recap of Fortescue’s dividend history

Here’s a brief rundown on Fortescue’s most recent dividend history.

• October 2017 – 25 cents (final)

• April 2018 – 11 cents (interim)

• October 2018 – 12 cents (final)

• March 2019 – 30 cents (interim)

• June 2019 – 60 cents (special dividend)

• October 2019 – 24 cents (final)

• April 2020 – 76 cents (interim)

• October 2020 – $1.00 (final)

• March 2021 – $1.47 (interim)

• September 2021 – $2.11 (final)

• March 2022 – 86 cents (interim)

When adding the above amounts, Fortescue has paid a total of $7.82 in dividends to shareholders from five years ago.

At the time of writing, the company has a massive trailing dividend yield of 16%.

So how does this compare with the other 2 big miners?

First and foremost, shares in BHP Group Ltd (ASX: BHP) and Rio Tinto Limited (ASX: RIO) have also accelerated.

They are up 84% and 69% respectively since this time in 2017.

But as you can see, both miners’ share price gains pale in comparison to Fortescue.

When looking at the dividend history, BHP has paid a total of $13.31 and Rio Tinto has distributed $39.42 to shareholders.

Bear in mind that BHP shares last traded at $42.98, and Rio Tinto at $106.92 apiece.

The above dividend amounts reflect Fortescue paying around 42% of its current share price in the last 5 years.

In addition, BHP has paid roughly 31% of its current share price, and Rio Tinto at approximately 37%.

BHP and Rio Tinto have a trailing dividend yield of 11.98% and 10.71%, respectively.

Fortescue share price summary

Market swings and weakened investor confidence in the ASX have led the Fortescue share price to register a loss of 4% in 2022.

However, its shares are down 20% over the last 12 months.

Based on valuation grounds, Fortescue presides a market capitalisation of approximately $55.05 billion.

The post How does the Fortescue dividend compare with its peers over the last 5 years? appeared first on The Motley Fool Australia.

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More reading

• Is the Fortescue share price really the cheapest ASX 200 materials share on the market?
• Guess which sector is delivering the biggest gain across the ASX 200 today
• Why are ASX 200 mining shares having such a dire week?
• Why is the Fortescue share price sinking 4% on Thursday?
• ASX 200 midday update: Pilbara Minerals’ lithium price update, BHP tumbles

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.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

What happened?

A victim of the Great Tech Stock Exodus of 2022, Apple (NASDAQ: AAPL) suffered another decline on Tuesday. The company’s shares lost nearly 3% of their value, a worse showing than the 2% decline of the S&P 500 Index. Investors were disheartened by one analyst’s price target cut, and another’s speculation about manufacturing difficulties. 

So what?

Of the two analyses, it was the one from TF International Securities that was the more concerning. That company’s Ming-Chi Kuo wrote in a tweet that the results of a survey he conducted indicate that Apple’s “own iPhone 5G modem chip development may have failed.”

The company had been developing its own chips to alleviate its dependence on chip leader Qualcomm. Kuo speculated that Apple’s struggles mean Qualcomm will remain the sole supplier of 5G chips for the tech giant’s upcoming line of new iPhones, presumably making their production more expensive.

It’s important to note that Apple has not released any updates recently about its 5G modem chip production.

Now what?

Meanwhile, Evercore ISI analyst Amit Daryanani is growing more bearish on Apple’s prospects for different reasons. Tuesday morning, he cut his price target on the stock to $180 per share from the previous $210.

Daryanani explained in a new research note that “Apple was in growth mode during the 2008/2009 as we were still at the beginning of the smartphone revolution, so revenue declines in a recession today would likely be more severe vs. the growth they managed in 2009.” 

Despite his concern and the price target reduction, Daryanani is maintaining his outperform (read: buy) recommendation on Apple stock.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Why Apple was a sour stock on Tuesday appeared first on The Motley Fool Australia.

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More reading

• 2 monster Warren Buffett stock-split stocks to buy right now
• Why Meta, Amazon, and Apple shares were falling today
• Apple Is Starting to Walk and Talk Like a Bank. Could It Ever Become One?
• Apple stock: The bull and bear cases today
• Apple Pay Later just crushed Affirm’s dreams, but it’s a nice win for 2 fintech giants

Eric Volkman has positions in Apple. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Apple and Qualcomm. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool Australia has recommended Apple. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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With inflation rising fast, income investors may want to look at the dividend shares listed below for a boost to their income.

Here’s why these two ASX dividend shares have been rated as buys:

Charter Hall Long WALE REIT (ASX: CLW)

The first dividend share to look at is the Charter Hall Long Wale REIT. This REIT manages a wide range of listed and unlisted property funds for institutional and retail investors with a focus on office, industrial, and retail sectors.

Earlier this year the company added to its portfolio with the acquisition of ALE Property with Hostplus for ~$1.7 billion. This added ~78 hotel properties that are all leased to ALH Group, which is part of drinks giant Endeavour Group Ltd (ASX: EDV).

Morgan Stanley is a fan of Charter Hall Long Wale REIT. It currently has an overweight rating and $5.85 price target on its shares.

The broker is also forecasting dividends per share of 30.6 cents in FY 2022 and 31.9 cents in FY 2023. Based on the current Charter Hall Long Wale REIT share price of $4.64, this will mean yields of 6.6% and 6.9%, respectively.

Westpac Banking Corp (ASX: WBC)

Another ASX dividend share that could be a buy is Westpac. It is of course one of Australia’s big four banks.

Australia’s oldest bank has seen its shares crash in recent weeks amid concerns about Australia falling into a recession due to quicker than expected rate hikes. While a recession certainly is possible, the team at Citi aren’t concerned and are recommending Westpac’s shares as a buy.

As for dividends, Citi is expecting Westpac to pay fully franked dividends per share of $1.23 in FY 2022 and $1.55 in FY 2023. Based on the current Westpac share price of $19.75, this will mean yields of 6.2% and 7.8%, respectively, over the next two years.

Citi also sees huge upside potential for the bank’s shares with its price target of $29.50.

The post Analysts name 2 ASX dividend shares to buy today appeared first on The Motley Fool Australia.

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More reading

• How much has Westpac paid in dividends in the past 5 years?
• CBA share price leads the big four as banks outperform ASX 200 on Monday
• Here are the details about the Westpac dividend being paid today
• 5 things to watch on the ASX 200 on Friday
• Should you ‘buy the dip’ in ASX 200 bank shares?

Motley Fool contributor James Mickleboro has positions in Westpac Banking Corporation. 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 Westpac Banking Corporation. 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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Ask A Fund Manager

The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Datt Capital principal Emanuel Datt explains why he loves one particular sector but only companies that operate in a particular state.

Hottest ASX shares

The Motley Fool: What are the three best stock buys right now?

Emanuel Datt: I thought about this… I’d probably suggest a sector. 

Why I say that is because, and as I point out, the markets are very rocky at the moment. But I think there’s [a] very clear opportunity in New South Wales-based thermal coal stocks. 

Queensland recently enacted a super for-profits tax or royalty over mines that are based in Queensland. This ultimately is going to upset Queensland miners quite significantly and it really reduces their competitive advantage against New South Wales mines.

Because ultimately New South Wales can afford to pay mine workers a lot more. They’re not operating under that same royalty structure. 

There are three particular stocks in this sector. 

Whitehaven Coal Ltd (ASX: WHC) is a multi-mine thermal coal producer that operates solely in New South Wales. The second one would be New Hope Corporation Limited (ASX: NHC), which runs a single thermal mine in New South Wales, but also has a development project that [it’s] still undergoing in Queensland. Interestingly enough, it’s exempt from these new increases in Queensland royalties.

And the last one is Yancoal Australia Ltd (ASX: YAL), which is again a multi-mine thermal coal producer, with its operations almost entirely in New South Wales. 

Quite concentrated in that sector but I think that the ability to earn US dollars is really a big advantage, given that the US dollar is traditionally a safe haven. As well as having exposure to just very positive demand tailwinds, stemming from this Russian invasion of Ukraine that’s really thrown a lot of commodity markets out of whack. 

MF: All three have seen their share prices rise a fair bit this year, but you feel like there’s more room to grow?

ED: Yeah, absolutely. Just to give you an example, for this current quarter, we’re expecting Whitehaven’s operating profit to be somewhere around $1.2 billion. To put that into context against enterprise value, [it’s] just about $4.5 billion. It’s trading at less than one year’s cash flow if thermal coal prices persist. Just incredibly cheap, but also they’re actually returning a lot of capital back to shareholders through dividends and they’re pretty much at the tail end of a 10% buyback, as well.

But, yeah, ultimately we think that these tailwinds for thermal coal are likely to persist for at least 18 to 24 months. That makes the valuation look extremely cheap.

The post ‘Extremely cheap’: expert names 3 ASX shares hot to buy now appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX shares today
• Why are ASX 200 coal shares bouncing back on Tuesday?
• This broker is eyeing off a huge 65% upside for the Whitehaven share price
• Why Beach, Cooper Energy, Leo Lithium, and Whitehaven Coal are dropping
• Down 40% Tuesday, up 21% today, what’s going on with this ASX coal share?

Motley Fool contributor Tony Yoo 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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On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was on form again and stormed higher. The benchmark index rose 0.85% to 6,763.6 points.

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

ASX 200 expected to sink

The Australian share market looks set to give back a large portion of its recent gains on Wednesday following a poor night of trade in the US. According to the latest SPI futures, the ASX 200 is expected to open the day 80 points or 1.2% lower this morning. On Wall Street, the Dow Jones fell 1.55%, the S&P 500 dropped 2%, and the Nasdaq sank 3%.

Oil prices rise again

Energy producers such as Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a good day after oil prices pushed higher again. According to Bloomberg, the WTI crude oil price is up 1.9% to US$111.70 a barrel and the Brent crude oil price has risen 2.5% to US$117.95 a barrel. News that Saudi Arabia and the UAE are struggling to boost production meaningfully took oil prices higher.

Carsales to return

The Carsales.Com Ltd (ASX: CAR) share price is due to return from its trading halt on Wednesday morning. The auto listings company requested the halt so it could raise a total of $1.2 billion at a 14.5% discount of $17.75 per new share. The proceeds will be used to fund the acquisition of the remaining 51% of Trader Interactive.

Gold price edges lower

Gold miners Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a subdued day after the gold price edged lower overnight. According to CNBC, the spot gold price is down 0.2% to US$1,821 an ounce. Rate hike bets offset recession fears and weighed down the safe haven asset.

Megaport a potential takeover target

The Megaport Ltd (ASX: MP1) share price will be one to watch on Wednesday amid reports that sharks are circling the company. According to the AFR, significant weakness in the network as a service provider’s share price has left it vulnerable to a takeover. As a result, it is now shoring up its takeover defences to protect it from an opportunistic bid.

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

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More reading

• Analysts say these ASX growth shares have huge upside potential
• Has CSL been growing its dividend?
• Here are the top 10 ASX shares today
• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Why are ASX tech shares struggling today?

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If you’re looking to take advantage of the weakness in the tech sector, then check out the two tech shares listed below.

Both of these ASX tech shares have been named as buys and tipped for strong growth in the future. Here’s what you need to know:

NEXTDC Ltd (ASX: NXT)

The first tech share that could be a buy is leading data centre operator, NextDC.

It has been tipped as a buy by analysts at Morgans. This is due to the broker’s belief that the company is well-placed for long term growth thanks to its strong market position, the industry’s significant barrier to entry, and its expansion opportunities.

Morgans commented:

We retain our Add recommendation and highlight that NXT remains our preferred pick given substantial structural growth, quality management, significant barrier to entry and, in our view, improving competitive advantage with regional/edge sites.

We see a clear pathway for long-term growth, substantially higher EBITDA and material free cash flow, over the medium term.

Morgans has an add rating and $13.01 price target on NEXTDC’s shares.

Readytech Holdings Ltd (ASX: RDY)

Another tech share that could be in the buy zone is Readytech. It provides enterprise software to several market verticals including higher education, HR, work pathways, and local government.

Analysts at Goldman Sachs are very positive on the company. This is due to its strong position in areas of the market that are under-served by large enterprise software competitors.

The broker explained:

In our view, RDY will continue to grow mid-teens organically while making accretive acquisitions (such as IT Vision), with profitability underpinned by solid software metrics including low churn at ~3% and high LTV/CAC.

RDY serves defensive end markets (e.g. higher education, local government) and has high recurring revenue (>85%) which should protect the company’s earnings profile in an economic downturn.

Goldman has a buy rating and $4.60 price target on Readytech’s shares.

The post Here are 2 fantastic ASX tech shares that analysts rate as buys appeared first on The Motley Fool Australia.

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More reading

• Top brokers name 3 ASX shares to buy today
• Goldman Sachs names 2 mid cap ASX shares to buy
• NextDC share price tipped to rise 30%: Broker says high energy prices an ‘opportunity’
• Experts name 3 ASX growth shares to buy with enormous upside potential
• 2 ASX growth shares to buy this month: experts

Motley Fool contributor James Mickleboro has positions in NEXTDC Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Readytech Holdings Ltd. The Motley Fool Australia has recommended Readytech Holdings Ltd. 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 looking for some new growth shares to buy following the market weakness, then it could be worth considering the two ASX shares listed below.

Both of these ASX shares have been tipped as buys with major upside potential. Here’s what you need to know about them:

Allkem Ltd (ASX: AKE)

The first ASX growth share to look at is Allkem. It is a top five global lithium miner with a collection of world class operations.

Allkem is currently producing a significant quantity of lithium from its operations, which is allowing it to benefit greatly from sky high prices.

But it won’t be stopping there. Looking ahead, the company recently revealed plans to increase its production three times over by 2026. Management expects this to allow the company to maintain a 10% share of the global lithium market over the next decade.

Morgans is very bullish on Allkem. Earlier this month, the broker put an add rating and $16.38 price target on its shares. Its analysts like Allkem due to its “diverse products and geographical mix [which] adds opportunities to capture value as the market evolves.”

Megaport Ltd (ASX: MP1)

Another growth share that could be in the buy zone is Megaport. It is the leading global provider of elastic interconnection services.

Megaport’s software layer provides users with an easy way to create and manage network connections. Through the Megaport network, businesses can then deploy private point-to-point connectivity between any of the locations on Megaport’s global network infrastructure.

So, with the structural shift to the cloud continuing, the company appears well-placed to benefit from increasing demand and higher spending on enterprise networking.

Goldman Sachs is a big fan of the company and believes it has an enormous growth opportunity. The broker has a buy rating and $13.10 price target on its shares. Goldman estimates that the company’s “opportunity for further growth is immense [with] GSe A$129bn p.a. spent on fixed enterprise networking across MP1 geographies.”

The post Analysts say these ASX growth shares have huge upside potential appeared first on The Motley Fool Australia.

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• Why are ASX tech shares struggling today?
• Here are the top 10 ASX shares today
• Why these fundies say the Allkem share price is ‘absolutely a buy’
• 3 ASX lithium stocks this fund manager is holding despite sector pullback
• Guess which ASX 200 mining shares these experts are backing

Motley Fool contributor James Mickleboro has positions in Allkem Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended MEGAPORT FPO. The Motley Fool Australia has recommended MEGAPORT FPO. 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 Flight Centre Travel Group Ltd (ASX: FLT) share price landed in the red on Tuesday. At the close of trade, it finished 2.28% lower at $17.97.

The dip extends Flight Centre’s losses to almost 12% during the past month of trade.

In broader market moves, the benchmark S&P/ASX 200 Index (ASX: XJO) finished 0.86% higher today to close at 6,763 points.

Let’s take a closer look at what might have been behind Flight Centre’s performance today.

Household cash flows to narrow

Investors sold the Flight Centre share price down today despite no news from the company. However, analysts at Swiss Investment bank UBS, led by George Tharenou, released a dire report on Australia’s economy.

It predicts household cash flows could tighten to their lowest on record in 2023 amid the plethora of cost pressures households now face, not in the least rising interest rates.

The UBS team reckons the Reserve Bank of Australia (RBA)’s recent decision to hike the cash rate by 50 basis points will hurt aggregate demand come 2023.

Essentially it says the decision – made in a bid to tackle inflation – will reduce the amount of disposable income households have at the end of each cycle.

From this, the report forecasts GDP will slump to less than 2% from 2022-23 while it’s expected unemployment will climb again to around 3%.

The UBS report said:

The recent rate hikes, plus more to come, will double household interest payments.

“[T]hat is the fastest rise on record, amid the highest household leverage in the world.

UBS analysts also said that the “transmission mechanism”, that is the impact, of the RBA’s hikes on borrowing rates and, hence, the economy is “the most direct in the world”.

Muted market response

Investors didn’t respond well to the news. Despite some early volatility, the Flight Centre share price traded relatively flat across the day.

Its performance was accompanied by a flood of selling in other consumer shares.

The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) weakened and finished 1.34% in the red, reversing an uptrend since 17 June in the process.

Flight Centre’s trading volume was up around its four-week average of 1.4 million shares, with investors swapping a total of one million shares during today’s session.

Flight centre share price snapshot

Flight Centre shares slipped from a three month high of $23 a share on 2 May to now trade near three-month lows.

In the last 12 months, the Flight Centre share price has clipped a 23.5% gain. However, it’s down marginally year to date, as illustrated below.

The post Flight Centre share price struggles amid dwindling household cashflows forecast appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX shares today
• These are the 10 most shorted ASX shares
• These 2 ASX travel shares are tying the knot for the next 10 years
• Flight Centre share price stumbles amid ‘big blow’ from new tax
• ASX 200 travel shares take off again on Tuesday. Here’s why

Motley Fool contributor Zach Bristow 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 Flight Centre Travel Group Limited. 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 Bubs Australia Ltd (ASX: BUB) share price finished the day 3% in the red at 62.5 cents apiece on Wednesday.

Investors sold off Bubs shares despite the company posting a sensitive update regarding its US retail footprint.

In broad market moves, the benchmark S&P/ASX 200 Index (ASX: XJO) closed the day 60 basis points higher at 6,746.

Bubs’ new Target deal

The company advised that it has entered into a new supply agreement with Target USA. It says Target is one of the largest infant formula retailers in the US.

“Target’s initial purchase order will be fulfilled from the third Operation Fly Formula air cargo shipment,
arriving in the U.S. on 26 June, with direct distribution to 280 Target stores,” the company announced.

Bubs says that gross revenue generated from this plane is to the tune of $3 million.

As a result of the deal, Bubs notes its products will be available in the 4 largest retailers of infant formula in the U.S. with coverage in 5,000 stores across 34 States [in the US].

Bubs Founder and CEO, Kristy Carr said the company was “delighted to enter a new partnership with Target”.

Since receiving the Enforcement Discretion from FDA to import six Bubs Infant Formula products on 27 May 2022, or less than a month ago, our products will be ranged in all four top retailers for infant formula in the USA. By mid-July, we expect over 360,000 tins of Bubs Infant Formula to have been made available to major retailers. This is an extraordinary outcome, thanks to our American sales team who have built a relationship with retailers over the last 12 months.

The market was mute to the news today and sold off shares in line with a weaker consumer defensives sector.

Volume was more than half of the 4-week trading average at 7.2 million shares.

In spite of the downside, the Bubs share price has still managed to clip a 36% gain in the last 12 months and 31% this year to date.

The post Bubs share price drops despite new Target deal appeared first on The Motley Fool Australia.

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• Where to find value in growth? Here are 2 ASX shares I’d buy in July
• Why ANZ, Block, Bubs, and PayGroup shares are pushing higher
• Bubs share price up 4% on further US update
• Why is the Bubs share price sinking 7% today?
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The Sayona Mining Ltd (ASX: SYA) share price soared today after the company secured a lithium production deal.

The lithium explorer’s shares jumped 25% to finish at 17.5 cents at the close of trade today.

So what good news did Sayona deliver to the market today?

Lithium production to restart

Investors are buying up Sayona shares on the back of plans to restart lithium production at the North American Lithium operation.

Sayona’s subsidiary Sayona Quebec and Piedmont Lithium have formally given the green light on this project with a budget of about CAD$98 million (AU $109.8 million).

Piedmont Lithium Inc (ASX: PLL) has a 25% interest in Sayona Quebec. Both Sayona and Piedmont have conducted capital raises for the project in the first half of this year.

Sayona said it has already taken “significant steps” to speed up the production restart. This includes recruiting key workers, engineering design work, equipment and regulatory approvals.

The first spodumene concentrate production from the project is targeted for the first quarter of 2023. The North American Lithium operation would be the first local supplier of lithium concentrates, according to Sayona.

Commenting on the news, Sayona managing director Brett Lynch said:

We are delighted to put the seal on our plan to launch North America’s first local spodumeme concentrate production, amid growing demand from both Canada and the United States for local and sustainable sources of this key battery metal.

Importantly, we continue to work closely with both the Québec Government and Piedmont to take the next step of downstream processing.

All the key players in the North American auto and battery sector are moving to invest in local production in Québec…

Sayona share price snapshot

The Sayona share price has exploded 137% in the past 12 months. In the year to date, it has jumped nearly 35%.

For perspective, the S&P/ASX 200 Index (ASX: XJO) has lost more than 7% in the past 12 months.

Sayona has a market capitalisation of about $1.4 billion based on today’s share price.

The post Sayona share price surges 25% on lithium production plans appeared first on The Motley Fool Australia.

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More reading

• Why Imugene, Link, Metcash, and Sayona shares are racing higher
• ‘Potential to become a world-class deposit’: Sayona share price jumps 16% following new lithium discoveries
• Sayona share price dives 8% despite lithium news
• Considering investing in Sayona shares? Here’s the latest news from the company
• Is this why ASX lithium shares are being crushed today?

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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