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The Stock Network

The Stock Network (TSN) is your trusted source for ASX stock market news, key trends, and investment insights. Stay tuned for the latest reports, expert market analysis, and IPO updates.

ASX & US stock news headlines

SCX.AI Holdings has listed on the ASX with the ticker code of SCX. The company is an AI inferencing as a service provider founded to address the growing requirement for sovereign AI infrastructure in Australia. SCX.AI Holdings provides sovereign AI inferencing services that enable enterprises to deploy and operate AI applications within an Australian data centre environment, supporting local data residency, privacy and governance requirements. Its operating model is designed to support scalable growth by incrementally deploying additional inference capacity as expected customer demand increases.

Media: The Stock Network, Lel Smits
SCX.ai Holdings (ASX:SCX) has officially listed on the ASX today, becoming one of Australia’s newest pure-play sovereign AI infrastructure companies following its $40 million IPO. As AI moves rapidly from experimentation into everyday enterprise and government use, the company is targeting the infrastructure and computing capacity needed to support that next phase of adoption. SCX.ai CEO David Keane, founder of ASX success story Bigtincan (ASX:BTH), joins The Stock Network’s Lel Smits on listing day to discuss the significance of the milestone, the changing economics of AI and where the company sees its biggest opportunities in the years ahead

🔔 Debuts on Australian Securities Exchange today
🤖 Biggest opportunities SCX.ai will be pursuing
🇦🇺 What investors underestimate about Australian infrastructure
How many governments does it take to build one mine? For Viridis Mining and Minerals (ASX: VMM), the answer is four. The ASX-listed company just announced up to US $120 million in strategic equity funding for its Colossus Project in Brazil. Beyond that equity, government agencies from Australia, Canada, France and Brazil have lined up behind its debt.

They're not doing it for charity. Rare earths drive everything from wind turbines and electric motors to defence technology and smartphones. China refines most of the world's supply. So Western governments are paying to build the alternative almost anywhere else they can. Governments used to leave mining to miners. Now they're on the cap table.

#mining #money #fintok #investing #rareearths
Metals Australia (ASX:MLS) is advancing a portfolio of critical, base and precious metals projects across Canada and Australia. Its flagship Lac Carheil Graphite Project in Canada has completed an upstream Pre-Feasibility Study and downstream Preliminary Economic Assessment, while projects including Manindi provide further growth opportunities. CEO Paul Ferguson joins The Stock Network’s Lel Smits to discuss the broader portfolio, Lac Carheil’s integrated graphite opportunity and how the project compares with other North American graphite developments.

🇨🇦 Advancing Lac Carheil in Canada
⛏️ Building a diversified critical minerals portfolio
📈 Benchmarking Lac Carheil against North American graphite projects
Dreadnought Resources (ASX:DRE) continues to prove up the prospectivity of its critical minerals exploration portfolio. High-grade tungsten mineralisation has been confirmed across the company’s Mangaroon and Mangaroon South projects in WA’s Gascoyne region, with these recent results reaching 6.5% tungsten oxide.

⛏️ High-grade results: Recent rock chips at Nina return up to 6.5% tungsten trioxide (WO₃), with historical results reaching 12.7% WO₃ across an 800m-long high-grade zone.
🔎 Multiple targets: First-pass sampling at Mulka Well returns up to 1.9% WO₃, with more than a dozen additional scheelite occurrences yet to be systematically sampled.
🌏 Critical mineral: Tungsten is classified as a critical mineral by Australia, the US and other major economies and is used across defence, electronics and industrial applications.
Dreadnought Resources plans further mapping and sampling from September, with drilling at Nina targeted for late 2026 or early 2027.

“While we remain focused on gold, adding in high-grade tungsten targets will ensure we pursue the most attractive opportunities to add value through discovery and diversify our exploration and potential development opportunities.” – Dean Tuck, Dreadnought Resources Managing Director
How did Evolution Mining (ASX:EVN) achieve record FY26 results? Not by digging up more gold than last year. The Aussie miner just reported its full-year numbers, with profit rising 59 per cent, to nearly $1.5 billion. The company also cleared its net debt completely and more than doubled its full-year dividend.

However, gold production fell 5 per cent, copper dropped 14 per cent and costs per ounce rose 9 per cent. So what factors rose Evolutions results to a record? Price. Evolution's gold sold for an average of $6023 dollars an ounce, up 40 per cent in a year, while copper gained 25 per cent.

A record financial year doesn't always mean operational growth. Sometimes the price does the heavy lifting.

#stocks #ASX #copper #gold #mining
Chariot Resources (ASX:CC9) has just signed a term sheet with C&D, ZhongNuo and C&C Minerals for a proposed partner-funded drilling, trial mining and DSO offtake program across one Nigerian lithium project. ZhongNuo would fund at least 1,500 metres of drilling and potential trial mining, while C&D would act as the offtake buyer. Chariot Executive Chair and Managing Director Shanthar Pathmanathan joins The Stock Network’s Lel Smits to discuss the partnership and key milestones ahead.

🇳🇬 Partner-funded drilling in Nigeria
🚀 Potential offtake
🪓 Key milestones
Northern Minerals (ASX:NTU) continues to progress the development strategy for its Browns Range Heavy Rare Earths Project in Western Australia’s East Kimberley. Deposits within this Project are particularly rich in dysprosium and terbium, two rare earth elements used in high-performance magnets for military, clean-energy and high-technology applications.

🇦🇺 Heavy rare earths: The company’s flagship Wolverine deposit is described as one of Australia’s highest-grade dysprosium and terbium ore bodies. These elements improve the resistance of magnets to demagnetisation, making them important for demanding applications.

🛡️ Defence relevance: Dysprosium-neodymium-iron-boron (DyNdFeB) magnets are used across military and advanced technology applications. Northern Minerals is targeting Browns Range as an alternative source of dysprosium and terbium to supply currently dominated by China.

🏗️ Path to production: Following completion of the Browns Range definitive feasibility study, Northern Minerals is progressing project funding discussions for a commercial-scale operation at Wolverine. The company plans to deliver processed material to Iluka Resources’ (ASX:ILU) rare earths refinery under construction at Eneabba, Western Australia.

ASIC recently granted Northern Minerals a further extension for the company to hold its 2025 AGM, with the meeting now required by 30 November 2026, or within 42 business days of Treasury formally notifying the company that certain disposal orders have been complied with.

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ASX 200

Last Update: 21-08-2026
Today's Date: 2026-08-21
Market Status: Closed
Last Update: 21-08-2026

Top Gainers

GES0.013 160%
RWL0.19 72.7%
PKO0.011 57.1%
HOR0.038 52%

Biggest Losers

ECL0.004 -99.6%
ACS0.215 -59%
CHM0.02 -42.9%
AYT0.002 -33.3%

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