Investors “strategically” pivot to minerals, rare earths stocks

The latest trading data from wholesale platform, AUSIEX, has revealed local investors are behind an “unprecedented” surge in appetite for minerals and rare earths stocks especially during the month of October.

According to the data, total minerals and rare earths stock trading on the Australian Securities Exchange (ASX) has risen by 300 per cent in the 12 months to 16 October.

“Since April, we’ve seen demand for rare earth and strategic minerals stocks grow strongly, with October marking a dramatic spike in trades – up eleven-fold from September,” Chris Hill, National Manager of Strategic Relationships at AUSIEX, said.

“It was similar with advised and SMSF accounts with 43% of all trades done for SMSFs in the first half of October comprising strategic mineral-related stocks – with, interestingly, a large number of these undertaken by retirees or pre-retiree accounts.

“Overall, there was a 250% increase in the number of accounts trading strategic minerals stocks over October, revealing that more investors in general are interested in this sector.

“This surge isn’t just about global headlines – local investors are actively reshaping their holdings. We’re seeing investors, including advised and SMSF investors, pivot toward these sectors, reflecting growing confidence in Australia’s role as a strategic minerals powerhouse.”

The top 10 “strategic” stock purchases over the month to October included:

1. Iluka Resources
2. St George Mining
3. Lynas Rare Earths
4. Meteoric Resources
5. Arafura Rare Earths
6. Australian Rare Earths
7. American Rare Earths
8. Peak Resources
9. Australian Strategic Materials
10. Northern Minerals