Workflow
Market Close: XJO back above 9,000pts as the underworld of explorers chops and churns after Trump-Albo meeting
AlcoaAlcoa(US:AA) The Market Onlineยท2025-10-21 04:05

Group 1 - The article discusses the impact of a multibillion-dollar critical mineral deal between Canberra and Washington on small junior explorers in the ASX, particularly in the rare earths and gold sectors [3][4]. - The materials sector is leading the market with a 1.8% increase, while most sectors are performing well except for real estate and consumer staples, which are down by 0.5% [4]. - Latrobe Magnesium is highlighted as a key beneficiary from the recent political meeting, as the U.S. lacks a primary producer for magnesium [4]. Group 2 - Larvotto has seen a rise in its stock price after discovering more gold and antimony at its NSW project, following a takeover offer valued at $1.40 per share [5]. - Alcoa Corporation's stock jumped after being mentioned in the Albanese-Trump meeting, along with other companies involved in various minerals [5]. - Lynas Rare Earths experienced a decline of approximately 7% as it was overlooked in the discussions during the meeting [6].