
Australia's Fuel Crunch: Top Stocks Surge
About this episode
Australias fuel crisis sparks investor interest in resource plays, with Killi Resources surging 304% after appointing Fortescue boss Nev Power as chair and securing funding for gold-copper project. Amplia Therapeutics jumps 144% on positive pancreatic cancer trial results, while NuEnergy Gas and 4D Medical rise on tight gas markets and lung imaging tech adoption. Energy security drives investments in mining, gas, and medical breakthroughs.
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Sydney News Today | 2 Min News | The Daily News Now! — Australia's Fuel Crunch: Top Stocks Surge. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Australia faces a fuel crunch with just 34 days of petrol, 30 days of diesel, and 27 days of jet fuel left in reserves. Amid these worries, ASX investors turn to resource plays, crowning Killy resources as the top runner of the week after it surged 304 percent to 21 cents. The junior miners ship things up with a new corporate look, appointing former Fortescue boss Nev Power as chair. It also raised $1.4 million and landed a government grant to drill at its MT Rodden West Gold Copper Project in Queensland, targeting promising prospects like the Mint Rodden Fault. Biotech fans cheer too, as Emily Athera Putex jumped 144 percent to 27.5 cents. Positive updates from his pancreatic cancer trial showed five complete responses in 64 patients, a rare win in a tough field with dismal, survival rates. Meanwhile, new energy gas gained on tight gas markets strained by tropical cyclone,
Norella shutting down Western Australia operations. And 4D medical rose, 76 percent to $7.55 after the male clinic started using its lung imaging tech. Energy security stays front and center as these stocks highlight bets on mining, gas, and medical breakthroughs to navigate global supply squeezes. This has been Sini News today, powered by AI, I'm Corey with the story.
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