Monsters of Rock: Coal, lithium, uranium stocks continue to rock and Mike Henry’s BHP pay packet will make you cry

Monsters of Rock: Coal, lithium, uranium stocks continue to rock and Mike Henry’s BHP pay packet will make you cry

Play the hits, ASX. Pic: WestEnd61/WestEnd61 via Getty Images share

Pilbara Minerals (ASX:PLS) shares stormed to an all time high after JP Morgan slapped a $4.10 price target on the battery metals monster, lifting 7% to $3.96 a share, with the rest of the lithium sector charging in tow.

Allkem (ASX:AKE) rose 4.3% to $14.06, IGO (ASX:IGO) put on 1.89% to $12.96 and Core Lithium (ASX:CXO) and Lake Resources (ASX:LKE) rising almost 10%.

Coal miners also continued to rise, with Whitehaven Coal (ASX:WHC) up 3.65% to $8.80 and Yancoal (ASX:YAL) up 6.34% to $6.71. New Hope Corp (ASX:NHC) gained 6.12%.Today’s market continued the dominance of the coal, lithium and uranium thematics that have run the ASX mining sector for the past month as other metals have faltered on negative news coming out of China, the main customer for most commodity markets.They defied broader negativity in the sector which followed this […]

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