The ASX 200 closed lower on Monday, dropping 0.72 of a per cent after setting a new 20-day high.
Consumer discretionay managed to stay afloat - nudging upwards of half a per cent - whilst every other sector fell into the red.
Green
Lindian Resources shot up after hosting senior US Government officials at its Kangankunde rare earths project in Malawi, highlighting development progress and its potential role in supplying high-grade rare earths to global markets.
Far East Gold had a stellar day after reporting strong high-grade gold drill results at the Sua prospect across multiple stacked vein zones.
Red
Tamboran Resources was down despite completing stimulation of its Shenandoah South 6H well in the Beetaloo Basin, with cost-saving optimisations applied, as the company prepares for flowback and a 30-day production test scheduled for early 2026.
Galan Lithium took a hit despite a positive update showing Phase One construction at Hombre Muerto West is progressing toward its final stages.
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