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The Markets
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Markets in a Minute: Alcoa plunges, St George and International Graphite shine

Markets in a Minute: Alcoa plunges, St George and International Graphite shine

The ASX200 nudged up today - but only just - finishing .03 of a per cent up.

Energy had a strong run - up more than 3 per cent - whilst IT and financials fell short.

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St George Mining was up after striking another wide rare earths and niobium intercept at its Araxá Project in Brazil. The hole returned nearly 88 metres at 2.95% TREO.

International Graphite had a stellar day on news it's moving ahead with plans for Australia’s first commercial graphite micronising plant in Collie, WA.

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Alcoa plunged on its quarterly update. The company posted a 3% lift in revenue to three billion U.S. dollars but swung to an adjusted net loss of six million, down from a $135 million profit a year earlier.

Super Retail Group was also down on its trading update. It reported a 4.5% rise in sales for the first 16 weeks of FY26 with stable margins — but the market expected a stronger start to the year.

#ASX #StockMarket #ASX200 #EnergyStocks #RareEarths #Graphite #TradingNews

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