TMH Market Close: ASX flat as Santos gains on Barossa pipeline approval

The Market Herald01-15

The ASX200 has closed flat, down just two points for the day to 7496 points. The energy sector led the field, gaining 2.1 per cent after Santos (ASX:STO) Barossa gas pipeline to Darwin was given the ...

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href=https://themarketherald.com.au/tmh-market-close-asx-flat-as-santos-gains-on-barossa-pipeline-approval-2024-01-15/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 has closed flat, down just two points for the day to 7496 points.\nThe energy sector led the field, gaining 2.1 per cent after Santos (ASX:STO) Barossa gas pipeline to Darwin was given the ...</p>\n\n<a href=\"https://themarketherald.com.au/tmh-market-close-asx-flat-as-santos-gains-on-barossa-pipeline-approval-2024-01-15/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AGY.AU","symbol_name":"ARGOSY MINERALS 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in the Northern Territory.\nTiwi Island Traditional Owners fought Santos’ plans to establish the 262-kilometre pipeline, blocking progress on the project since November.\nPipe-laying work can now progress.\nSTO closed at $7.83.\nASX debutant Infini Resources (ASX:I88) soared as much as 130 per cent on its IPO raise price at one stage during its first session on market today.\nThe company is focused on uranium and lithium and boasts eight projects across Canada and Australia.\nInfini raised $5.3 million with 20-cent shares and closed day one up 85 per cent at 37 cents.\nBrazilian Critical Minerals (ASX:BCM) is up more than 8.5 per cent after its Chief Executive Officer – Andre Douchane – announced he’s retiring from the role after being at the helm since 2019.\nThe Board confirmed it is in the process of finding a new CEO, as it continues to develop gold, platinum group metals and rare earth elements projects in Brazil.\nBCM has been trading at 2.5 cents.\nIn the red\nPilbara Minerals (ASX:PLS) closed the session down more than 4.5 per cent pending an agreement to expand its existing offtake agreement with Ganfeng Lithium Group and subsidiary for three years.\nThe amended agreement will see PLS lift the supply of spodumene concentrate from 160,000 to 310,000 tonnes each year. \nPLS shares closed trade at $3.56.\nKrakatoa Resources (ASX:KTA) closed down more than 25 per cent on an update from its King Tamba project – an ex-tantalum mine in Western Australia.\nIntersections included seven metres at .31 per cent lithium oxide from three metres below the surface and six metres at .2 per cent Caesium monoxide from seven metres deep.\nDrilling over a lithium anomaly was due to be completed today.\nKTA shares ended the session at 2 cents.\nAnd, Argosy Minerals (ASX:AGY) is down four per cent despite announcing a 180 per cent increase to its mineral resource estimate for the Rincon lithium project in Argentina.\nThe upgraded MRE comprises 686,875 tonnes of lithium carbonate, 88 per cent of which is deemed ‘indicated’.\nAGY closed trade at 12 cents.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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