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Taking a look back in time, the Qantas Airways Limited (ASX: QAN) share price fared exceptionally well in August.

During the month, the Aussie airline’s shares rose 10.9%. For context, the S&P/ASX 200 Index (ASX: XJO) only managed a gain of 1.5%.

Thankfully for shareholders, the upwards movement left the company’s shares in the best shape they’ve been in since April this year.

Investors appear to be gaining optimism towards Qantas as vaccination rates continue to climb across Australia. More than 77% of Australians over the age of 16 have had at least one dose of a COVID-19 vaccine, as of 28 September 2021.

Meanwhile, Sydney-based Perennial Partners believes Qantas is readying for the reopening.

Getting into shape for the summer

While exact details are sparse, a gradual reopening of international travel is planned once 80% of Australians are double vaccinated. Tourism minister Dan Tehan has expressed the hope of international borders being reopened by Christmas.

It’s likely the uncertainty of when exactly pre-pandemic levels of air travel may resume has weighed on the Qantas share price. However, managers of the Perennial Value Australian Shares Trust have found positives in the company.

In its August report, the fund managers gave their reasoning for a positive sentiment towards Qantas. This largely hinges on the reopening thematic. For instance, Perennial’s fund managers believe that 2021 will mark a significant turning point for the global economy and markets. This is based on the accelerating rollout of COVID-19 vaccines, which should eventuate in the lifting of restrictions in the near future.

In the meantime, Qantas has been slimming down and cutting costs considerably. On 3 August 2021, the company stood down 2,500 crew members in response to the domestic border closures. Additionally, Qantas reportedly delivered $650 million worth of cost benefits in FY21.

However, the savings are expected to increase into FY22, with a target of $850 million in cost savings. As a result, the team at Perennial Partners expects Qantas to emerge from this challenging period in very good shape. Similarly, the fund anticipates the pent-up travel demand to act as a strong tailwind once activities resume.

Qantas share price snapshot

Despite the company’s revenue falling 67% in FY21, the Qantas share price has held up exceptionally well over the past year. To be precise, shares in the airline have rallied an impressive 38.9% during the past 12 months. On the other hand, the benchmark index has returned 25.5%.

Unfortunately, we can not determine a price-to-earnings (P/E) ratio on the company due to it making a loss in FY21. Qantas reported a statutory loss before tax of $2.351 billion.

The post Qantas (ASX:QAN) share price set to take flight: fund manager appeared first on The Motley Fool Australia.

More reading

• Qantas (ASX:QAN) share price falls amid ACCC report into COVID-19 impacts
• Why these ASX 200 travel shares are flying this Monday
• Here’s why the Qantas (ASX:QAN) share price hit a new 52-week high today
• Why the Qantas (ASX:QAN) share price is rallying 3% on Thursday
• How has the Qantas (ASX:QAN) share price performed since reporting results?

Motley Fool contributor Mitchell Lawler 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 Bruce Jackson.

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It’s a big day for ex-dividend dates today and these are the financial shares to keep an eye on.

What is an ex-dividend date?

Ex-dividend dates represent the day an investor must hold a company’s stock in order to receive its dividend. If someone buys shares in these companies today, their upcoming dividends will go to the shares’ seller.

As a result, companies’ share prices tend to dip on their ex-dividend date as part of their stock’s value is unable to be traded.

So, without further ado, here are 4 financial shares going ex-dividend today.  

4 financial shares going ex-dividend today

Global Value Fund Ltd (ASX: GVF)

The Global Value Fund share price is slipping 0.17% to $1.19 today as the fund’s stock goes ex-dividend.

Investors who held Global Value Fund shares as of yesterday will see a 3.3 cent fully franked dividend paid to their account on 8 November.

The dividend was announced after the company realised $56.9 million of revenue and $32.4 million of net profits after tax for the financial year 2021.

Metrics Income Opportunities Trust (ASX: MOT)

Metrics Income Opportunities Trust has also gone ex-dividend today.

It will pay out a 0.93 cent dividend on 8 October.

The trust’s share price has been wobbling in and out of the green today. At the time of writing, it is $2.07, 0.45% higher than its previous close.

Metrics Master Income Trust (ASX: MXT)

The Metrics Master Income Trust share price has dipped 0.17% today. It is currently $2.06.

The company will pay its shareholders 0.6 cents for each share in the trust they hold from 8 October.

Partners Group Global Income Fund (ASX: PGG)

Finally, the Partners Group Global Income Fund share price is down today as the fund goes ex-dividend.

The fund will pay out a 0.7 cent dividend to its shareholders, starting on 18 October.

Right now, the Partners Group Global Income Fund share price is trading at $1.89, 0.43% lower than its previous close.

The post These 4 ASX financial shares are going ex-dividend today appeared first on The Motley Fool Australia.

More reading

• Qantas (ASX:QAN) share price set to take flight: fund manager
• Top brokers name 3 ASX shares to sell today
• Fortescue (ASX:FMG) share price up 3% as iron ore prices edge higher
• Up 7%, the Beach Energy (ASX:BPT) share price is surging. Here’s why
• Damstra (ASX:DTC) share price soars 10% on acquisition news

Motley Fool contributor Brooke Cooper 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 Bruce Jackson.

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Yesterday I looked at three ASX shares brokers have given buy ratings to this week.

Unfortunately, not all shares are in favour with them right now. Three ASX shares that have just been given sell ratings by brokers are listed below. Here’s why these brokers are bearish on them:

Fortescue Metals Group Limited (ASX: FMG)

According to a note out of Morgan Stanley, its analysts have retained their underweight rating and cut the price target on this iron ore producer’s shares to $12.50. The broker remains very bearish on miners with exposure to low grade iron ore. This is due to the prospect of a widening discount as steel makers focus on higher grade ore. The Fortescue share price is trading at $15.04 on Thursday afternoon.

IGO Ltd (ASX: IGO)

Another note out of Morgan Stanley reveals that its analysts have retained their underweight rating and trimmed the price target on this mining company’s shares to $8.25. The broker has increased its earnings to reflect upgrades to lithium and nickel price forecasts. However, due to a change in its valuation model, this has ended up with a slight reduction in its price target. The broker continues to believe IGO’s shares are fully valued. The IGO share price is changing hands for $8.81 this afternoon.

Jupiter Mines Ltd (ASX: JMS)

Analysts at Macquarie have retained their underperform rating and cut their price target on this manganese mining company’s shares to 19 cents. This follows the release of its second quarter update earlier this week. Macquarie notes that Jupiter has been struggling with continued equipment breakdowns, leading to loss of mining days. In addition, the company is due to receive a softer than expected dividend from its ownership of the Tshipi mine, which will impact Jupiter’s own dividend. The Jupiter Mines share price is fetching 22.5 cents today.

The post Top brokers name 3 ASX shares to sell today appeared first on The Motley Fool Australia.

More reading

• Fortescue (ASX:FMG) share price up 3% as iron ore prices edge higher
• Fortescue (ASX:FMG) share price tumbles 40% in 2 months. What happened?
• 5 things to watch on the ASX 200 on Thursday
• Fortescue (ASX:FMG) share price eyes fresh 14-month lows as iron ore prices tumble
• How China’s energy crisis could be good for BHP (ASX:BHP) and Rio Tinto (ASX:RIO)

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 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 Bruce Jackson.

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The Fortescue Metals Group Limited (ASX: FMG) share price is bouncing higher on the last trading session of the September quarter.

At the time of writing, shares in the iron ore major are trading 3.21% higher to $15.28 after a volatile week for the broader equity markets.

Iron ore markets are showing mixed results, with spot prices running higher despite weak manufacturing output in China.

Fortescue share price lifts amid higher iron ore prices

Iron ore prices inched up on Wednesday as Chinese steel mills continued to restock inventories ahead of its week-long national holiday.

According to Fastmarkets, iron ore prices added 1.84% to US$114.13 a tonne but it’s still lower than what it was fetching at the beginning of the week, at US$119.31 a tonne.

Another piece of good news for the Fortescue share price is the performance of Chinese iron ore futures traded on the Dalian Commodity Exchange.

The most active futures contracts for January 2022 delivery surged 7.15% this morning to around 732 yuan (US$111) a tonne.

Slowing iron ore demand in China

Chinese iron ore demand remains constrained as the country handles a major energy crisis which has halted production across major industrial hubs.

Beyond production woes, the country is experiencing a shift in the raw materials used for steel.

According to S&P Global, China continues to see an uptrend in steel scrap consumption, which requires much less energy than smelting iron ore for steel products.

The National Development and Reform Commission sees China’s 2025 steel scrap usage rising to 320 million mt on carbon neutrality goal, its latest data showed. China used 260 million mt steel scrap back in 2020, replacing 410 million mt 62% iron ore.

This trend adds to the mounting challenges for iron ore as China continues to focus on emissions targets and lowering steel outputs.

Despite trading 2.16% higher today, the Fortescue share price remains in negative territory week-on-week, down 1.37%.

The post Fortescue (ASX:FMG) share price up 3% as iron ore prices edge higher appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to sell today
• Fortescue (ASX:FMG) share price tumbles 40% in 2 months. What happened?
• 5 things to watch on the ASX 200 on Thursday
• Fortescue (ASX:FMG) share price eyes fresh 14-month lows as iron ore prices tumble
• How China’s energy crisis could be good for BHP (ASX:BHP) and Rio Tinto (ASX:RIO)

Motley Fool contributor Kerry Sun 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 Bruce Jackson.

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The Beach Energy Ltd (ASX: BPT) share price is having a bumper month, thanks to a resurgence in oil prices.

At the time of writing, the Beach Energy share price is up another 6.72% today to $1.460.

Oil demand gathers momentum

Oil demand is expected to exceed pre-pandemic levels in 2022 according to OPEC’s latest monthly oil market report.

In addition, S&P Global reported further support for oil following “gas-to-oil switching and improving demand in Asia amid tighter inventories”.

Natural gas prices have boomed to 7-year highs in anticipation of a very cold winter in the northern hemisphere.

Goldman Sachs raises oil forecasts

The Beach Energy share price is enjoying some time in the green after, earlier this week, Goldman Sachs raised its forecast year-end price for oil from US$80 to US$90 per barrel.

In the note, the broker said:

While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts.

Goldman pointed to favourable supply and demand dynamics, citing Hurricane Ida taking a major toll on global supply while a “global gas shortage will increase oil-fired power generation”.

Beach Energy share price booms to 5-month high

Its been a breakthrough month for the Beach Energy share price, surging 39% in September to a 5-month high today.

That said, Beach Energy shares are still a long way away from breakeven in 2021, down 20.8% year to date.

Shares in the oil and gas producer were sent to the doghouse in late April after it announced a major downgrade in oil reserves, reduced its FY21 production guidance and withdrew its five-year outlook.

Despite the company struggling on an operational front, oil prices appear to have brought life back to both the Beach Energy share price and the broader oil industry.

Brent crude rallied above US$80 per barrel for the first time in three years on Tuesday. While oil prices have since retraced to US$77.7 per barrel, experts like Goldman and S&P Global are bullish about its outlook.

The post Up 7%, the Beach Energy (ASX:BPT) share price is surging. Here’s why appeared first on The Motley Fool Australia.

More reading

• Which ASX 300 shares are leading the way on Thursday?
• Here are the 3 most traded ASX 200 shares so far today
• Top broker sees 18% upside for the Beach (ASX:BPT) share price
• 5 things to watch on the ASX 200 on Wednesday
• Here are the top 10 ASX shares today

Motley Fool contributor Kerry Sun 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 Bruce Jackson.

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The Damstra Holdings Ltd (ASX: DTC) share price has burst out of the gate in today’s session.

Shares in the tech company are flying higher following the announcement of an acquisition.

Let’s take a look at why investors are bidding the Damstra share price higher today.  

Damstra share price flies on TIKS Solutions acquisition

Shares in Damstra are flying today after the company announced a key acquisition.

The tech company publicised that it has entered into a share sale agreement to acquire 100% of the shares in TIKS Solutions Pty Ltd (TIKS).

TIKS is an Australia-based workplace safety and compliance management company, with approximately 70 clients across a wide range of sectors.  

Damstra provided several highlights on the management company’s performance in FY21.

TIKS was able to generate audited revenue of $4.14 million for the full-year and remained free cash positive.

As a result, the acquisition is not expected to negatively impact Damstra’s FY22 operating cash flow.

According to the update, the acquisition will comprise $2.5 million in cash from Damstra’s existing cash reserves.

In addition, Damstra will issue an equivalent of $12 million in its shares, with a further $3.5 million in cash to be paid 12 months after completion.

Damstra noted that the acquisition is in line with the company’s strategy to pursue inorganic opportunities and consolidate existing markets.

Damstra’s CEO, Christian Damstra, commented:

TIKS is an exciting natural fit for Damstra that will bring further scale to our business, enhancing our leadership position in workforce management in Australia and expanding our international footprint.

How did Damstra perform in FY21?

The Damstra share price has struggled since reporting its full-year results for FY21.

Highlights from the company’s report included;

• Revenue up 40% on the prior corresponding period (pcp) to $27.4 million
• Annual recurring revenue (ARR) up 63% on pcp to $34.5 million
• Pro forma earnings before interest, tax, depreciation and amortisation (EBITDA) down 3% to $6.6 million
• Cash receipts up 51% on pcp to $31.7 million
• 737,000 users, up 74% from 423,000 in FY20

For FY22, Damstra has renewed its aim to break even in free cash flow and realise cash synergies from its acquisition of Vault Intelligence Ltd (ASX: VLT) late last year.

Snapshot of the Damstra share price

Shares in Damstra have tanked more than 40% since the start of the year.

However, today’s announcement has reignited interest in the company’s share price.

At the time of writing the Damstra share price is trading more than 10% higher for the day at around 95 cents.

The post Damstra (ASX:DTC) share price soars 10% on acquisition news appeared first on The Motley Fool Australia.

More reading

• 3 stellar small cap ASX shares for your watchlist this month

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Damstra Holdings Ltd. The Motley Fool Australia owns shares of and has recommended Damstra Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The De Grey Mining Limited (ASX: DEG) share price is lifting on Thursday with shares in the Aussie gold miner surging 4.5% at the time of writing.

Why the De Grey share price is lifting today

The big news this morning was a price-sensitive update on the company’s Greater Hemi Corridor. De Grey reported new intrusions, anomalous gold zoned and “numerous” gold-arsenic anomalies. All of this is happening within the 15 kilometre by 10 kilometre Greater Hemi Corridor controlled by the company.

Some of the RC results in the Scooby area include 1 metre at 31.2 grams per tonne of gold from 195 metres in SCRC056, in addition to 6 metres at 2.7 grams per tonne from 60 metres.

The De Grey share price has been climbing higher this morning following the latest update. It comes as the company defined new prospects within the corridor through both aircore and RC.

Those include the Geomalia altered intrusion 2 kilometres southwest of Hemi as well as the Goshawk and Turner prospect, 4 kilometres southwest and 15 kilometres east of Hemi respectively.

Technical Director, Andy Beckwith, said:

Recent aircore drilling has identified new prospective altered intrusions, anomalous gold zones and areas of encouraging multielement geochemistry within the 10km wide by 15km long corridor, east and west of Hemi.

Infill aircore and deeper RC drilling will be undertaken based on ranked priorities and necessary heritage surveys. RC drilling has commenced at Antwerp immediately to the west of Diucon and Eagle to better test this prospective trend.

The Company will release the results of the scoping study early next week for the Mallina Gold Project.

Foolish takeaway

Today’s update has been the catalyst for the De Grey share price climbing higher. Shares in the Aussie gold miner remain down 12.4% year to date with a market capitalisation of $1.26 billion.

The post Why the De Grey (ASX:DEG) share price is lifting today appeared first on The Motley Fool Australia.

More reading

• Why Atlas Arteria, Baby Bunting, De Grey Mining, & New Hope are pushing higher

Motley Fool contributor Ken Hall 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 Bruce Jackson.

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The Mineral Resources Limited (ASX: MIN) share price is back on form on Thursday.

In afternoon trade, the mining and mining services company’s shares are up 3% to $44.59.

Despite this gain, the Mineral Resources share price is still down a disappointing 18% since this time last month.

Is the Mineral Resources share price in the buy zone?

One leading broker that appears to believe the weakness in Mineral Resources’ shares could be a buying opportunity is Citi.

According to a note from earlier this month, the broker has upgraded the company’s shares to a buy rating with a $65.00 price target.

Based on the current Mineral Resources share price, this implies potential upside of almost 46% over the next 12 months before dividends.

And if you include the $3.37 per share fully franked dividend the broker is forecasting in FY 2022, the potential return increases to 53%.

What did the broker say?

Citi believes that Mineral Resources is set for a period of aggressive growth. This follows a strong FY 2021 and its significant investment in its operations. It feels the latter has positioned the company well for the long term.

The broker commented: “MIN had a strong FY21, driven by record iron ore shipments, delivered into high prices, and another consistent result from its services business. Revenue grew to $3.7B (up 76%) compared to $2.1B in the pcp. EBITDA grew to $1.9B compared to $765m in the pcp. MIN invested heavily in capital expenditure, expanding its iron ore operations, further developing key projects, and making additional investments to support an aggressive longer-term production growth profile.”

Citi has also previously spoken positively about the company’s exposure to the lithium market. This is through its Mt Marion and Wodgina operations. It notes that the latter is one of the world’s largest known hard rock lithium deposits with a production life of over 30 years.

All in all, the broker appears to believe the risk/reward on offer with the current Mineral Resources share price is compelling.

The post Broker tips Mineral Resources (ASX:MIN) share price to rise 46% appeared first on The Motley Fool Australia.

More reading

• Why Afterpay, Mineral Resources, Pilbara Minerals, & Pro Medicus shares are falling
• ASX 200 (ASX:XJO) midday update: Big four banks fall, Afterpay tumbles
• 2 buy-rated ASX dividend shares for income investors today
• September has not been a great month for the Mineral Resources (ASX:MIN) share price
• 2 ASX shares to potentially buy in this volatility

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 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 Bruce Jackson.

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The Commonwealth Bank of Australia (ASX: CBA) share price is bringing up the rear of the big four banks on the ASX today.

Thursday is a good day for the major banks, particular when compared to yesterday’s slide.

At the time of writing, the CBA share price is $103.77, 1.1% higher than its previous close.

Meanwhile, shares in Westpac Banking Corp (ASX: WBC) are leading the big four banks with a gain of 3.1%.

The National Australia Bank Ltd (ASX: NAB) share price is coming in second best with a 2.2% gain. While the Australia and New Zealand Banking Group Ltd (ASX: ANZ) share price is in third position with a gain of 2.1%.

The banks’ gains come as the broader market surges higher. Right now, the S&P/ASX 200 Index (ASX: XJO) is up 1.4% while the All Ordinaries Index (ASX: XAO) is up 1.3%.

Let’s take a closer look at what might be driving CBA’s stock, and that of its peers, higher on Thursday.

CBA share price brings up the rear on Thursday

The CBA share price is underperforming against those of its peers on Thursday, despite no news released by any of the big four today.

It comes after the Commonwealth Bank experienced the biggest dip out of all the big banks yesterday. The CBA share price fell 1.74% on Wednesday, alongside much of the broader market.

The ASX 200 fell 1.46% yesterday, possibly driven by a 2% drop experienced by the S&P 500 Index.

Despite its struggles, the CBA share price is still in the green this week. It has gained 2.2% since the market close last Friday.

The gain comes despite more than half of Australian households being in mortgage stress. As The Motley Fool Australia reported earlier today, 788,211 households have debt worth five times more than their incomes.

The post The CBA (ASX:CBA) share price is underperforming against the big four banks today appeared first on The Motley Fool Australia.

More reading

• ASX 200 (ASX:XJO) midday update: Zip shares rise on Microsoft deal, big four banks rebound
• The ASX 200 banks may be in danger as half of mortgage-stressed households have “borrowed to the hilt”
• ASX 200 (ASX:XJO) midday update: Big four banks fall, Afterpay tumbles
• Confirmed: APRA is planning action on home loans, ASX 200 banks drop
• The S&P 500 just dropped 2%. Why is this impacting ASX 200 shares?

Motley Fool contributor Brooke Cooper 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 Bruce Jackson.

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The Rio Tinto Limited (ASX: RIO) share price is charging higher in early afternoon trade, up 3.2% to $100.06 per share.

The broader S&P/ASX 200 Index (ASX: XJO) is in the green as well, up a more modest 1.42% at this same time.

Today’s gains will come as welcome news to shareholders who’ve seen the Rio share price struggle over the past 2 months. We take a brief look at that below, but first…

What’s this about critical minerals?

When you think about Rio Tinto, you likely think of iron ore. And for good reason. The company is one of the world’s top producers of the key steel-making ingredient.

But the ASX 200 mining giant also produces a range of other metals including aluminium and copper.

It’s this copper production that has Rio’s CEO, Jakob Stausholm, engaging his company in talks with the White House in the United States.

Why?

To explore the potential to process critical minerals from the copper waste produced at its mining plant in the US state of Utah.

These minerals are crucial to the production of numerous tech items, and vital to many military applications. Yet, as it stands, China has a near monopoly on many of these minerals, potentially putting the US in a rather sticky situation.

Stausholm said that his company has been engaged in talks with the White House to secure US-based critical mineral manufacturing capabilities.

As Bloomberg reports, “the company is currently figuring out ways to extract up to 10 so-called critical minerals from copper waste”.

Stausholm told Bloomberg:

There are a lot of by-products coming from copper production. It’s an area that’s had very little focus in the US and if we put some focus on it, I do see some opportunities.

Rio share price snapshot

The Rio share price has been under pressure this year, with strong headwinds coming from a steeply falling iron ore prices.

Rio’s shares remain up 6% over the past 12 months. But Rio’s share price has fallen sharply over the last 2 months, down 25% since 30 July.

The ASX 200 is down just over 1% in that same time.

The post Rio Tinto (ASX:RIO) share price lifts as CEO eyes critical minerals expansion appeared first on The Motley Fool Australia.

More reading

• How China’s energy crisis could be good for BHP (ASX:BHP) and Rio Tinto (ASX:RIO)
• ASX 200 (ASX:XJO) midday update: Fortescue jumps, Wesfarmers dealt takeover blow
• Here’s why the Rio Tinto (ASX:RIO) share price is down 20% in 3 months
• 5 things to watch on the ASX 200 on Monday
• Is this ASX 200 miner one of the best value shares to buy today

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 Bruce Jackson.

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