Today’s ASX top stocks: Talga Group (TLG ↑16.8%), ioneer (INR ↑15.8%)

Posted: 31 March 2022 12:54 pm
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The 10 biggest movers on the ASX.

The best performing companies in ASX trading so far today were Talga Group (TLG, up 16.8%) and ioneer (INR, up 15.8%).

Biggest movers on the ASX Thursday 31 March 2022

Talga Group (TLG) was the biggest mover on the ASX today. Shares in the company rose 16.8% to $1.67.

The company is on the rise after it commissioned its first electric vehicle anode qualification plant in Lulea, Sweden.

According to Talga's statement, it is the first lithium-ion battery anode plant in Europe. The company said the plant will be officially launching at an event on 1 April, with customers, government officials and local stakeholders in attendance.

"With demand for clean graphite anode rising, Talga's EVA plant is an important step in the journey for the establishment of a European EV and battery supply chain," managing director Mark Thompson said.

Talga Group works in the materials sector.

Learn more about investing in Talga Group in Finder's full guide.

The second place for market gainers went to ioneer (INR), the materials company. Its shares rose 15.8% to reach $0.66.

However, the company has not made an announcement today. It could be due to lithium stocks remaining strong or investor sentiment improving following its investor presentation yesterday.

Find out more about investing in ioneer in Finder's full guide.

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These were the 10 biggest movers on the ASX so far today:

StockPrice% change
Talga Group (TLG)$1.6716.8%
ioneer (INR)$0.6615.8%
Archer Materials (AXE)$0.9812.6%
Core Lithium (CXO)$1.367.9%
Race Oncology (RAC)$3.057.0%
Novonix (NVX)$5.985.8%
Sovereign Metals (SVM)$0.585.5%
Fortescue Metals Group (FMG)$20.774.9%
Rhythm Biosciences (RHY)$1.504.9%
Genesis Minerals (GMD)$1.624.5%

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Each weekday we round up the best performing stocks on the Australian Securities Exchange (ASX), ranked by price percentage from market open to 11am. To avoid higher price volatility we only include stocks with market caps of more than $200 million. Price changes are calculated by 11am on the trading day, but these prices may be subject to minor variation depending on data availability.

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