Metals X (MLX) is held by 13 ASX ETFs. Over all time it rose 462.2%: on $10,000, +$46216. We explain 28 big moves in that time.
About MLX
- SectorMaterials
- IndustryMaterials
- Size$1.8b
- Held by13 ETFs
- Big moves28 in all time
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +7.0%18 Sep 2026· Commodity
Metals X shares surged on renewed investor interest in tin prices, with multiple news articles highlighting tin price movements as a key driver for the company's near-term outlook.
- +6.5%15 Sep 2026· Earnings Beat
Metals X shares rose sharply, likely driven by positive investor reaction to a reported surge in half-year earnings that had been covered in financial media in the days prior.
- −7.4%27 May 2026· Unknown
No clear cause found; stock moved down on high volume with no relevant news coverage.
- +9.3%22 May 2026· Unknown
No specific news article explains the move; possible broad market or sector flow.
- +9.8%9 Apr 2026· Unknown
Insufficient evidence from news articles to explain the price move.
- +7.1%25 Mar 2026· Unknown
Insufficient evidence to determine the cause of the price move.
- −7.6%6 Mar 2026· Unknown
No clear specific driver identified from the available news articles for the price decline on 2026-03-05.
- −10.7%4 Mar 2026· Unknown
No clear cause found; news articles are not specific to Metals X's price move.
- +6.3%2 Mar 2026· Sector Flow
Abnormal price movement likely driven by broad sector attention and copper/tin price strength, with Metals X mentioned in ASX scans.
- −7.4%30 Jan 2026· Operational
Despite a near-record quarter at Renison, the stock fell sharply, likely due to investor disappointment that the strong production result was already priced in or did not meet higher expectations.
- +7.6%29 Jan 2026· Operational
Metals X reported a near-record fourth quarter production at its Renison tin mine, driving the shares up.
- +7.4%21 Jan 2026· Unknown
No clear news article explains the price move; likely driven by sector flows or commodity movement.
- +10.4%9 Oct 2025· Commodity
The price move is likely driven by a broader positive sentiment in metal markets, particularly around tin and copper, as highlighted in the news article.
- +6.7%29 Aug 2025· Sector Flow
The stock rose amid a broad sector rally in gold and lithium stocks, with Metals X likely benefiting from gold price strength.
- +7.3%11 Jul 2025· Unknown
Insufficient evidence; the price move cannot be attributed to a specific event from the supplied news.
- +7.0%9 Jul 2025· Unknown
No specific cause identified; the only available news article is a generic ETF listing notice with no information about why Metals X shares rose.
- +6.8%10 Jun 2025· Commodity
The price move is likely driven by a broad commodity move in tin, as evidenced by a news article discussing tin's market dynamics.
- −8.0%5 May 2025· Unknown
No specific news was found, but the sharp decline suggests a negative market response, possibly to operational or commodity factors.
- +6.5%29 Apr 2025· Unknown
Insufficient evidence to determine the cause of the price move.
- +6.0%23 Apr 2025· Unknown
Insufficient evidence from news articles to determine the cause of the price move.
- −9.3%9 Apr 2025· Unknown
No external news was found, but the magnitude and volume suggest a negative company-specific announcement or operational issue.
- −10.1%7 Apr 2025· Unknown
Insufficient evidence to determine the cause of the price decline.
- −6.5%3 Apr 2025· Unknown
No direct news found; likely driven by sector-wide or commodity-related selling pressure.
- +10.0%21 Mar 2025· Unknown
Insufficient news coverage to determine the cause of the abnormal price increase.
- +22.0%14 Mar 2025· Commodity
Tin prices soared following a mine closure, lifting Metals X shares due to its leveraged exposure to the commodity.
- −7.3%28 Feb 2025· Unknown
The substantial drop in Metals X Limited's share price on February 27, 2025, was likely driven by a broad decline in commodity prices, sector-wide selling, or company-specific operational news that was not captured in the available news articles.
- +6.9%17 Feb 2025· Unknown
Insufficient evidence to determine the cause of the price rise.
- +9.4%25 Oct 2024· Unknown
Stock surged 9.41% on abnormal volume with no direct news; likely driven by an unannounced operational or corporate development not captured in available media.
Held by 13 ETFs
Of every $10,000 in each fund, how much is in MLX today.
- SMLLBetaShares Australian Small Companies Select ETF$1071.07%
- ALFAVanEck Australian Long Short Complex ETF$800.80%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$490.49%
- ISOiShares S&P/ASX Small Ordinaries ETF$490.49%
- AUMFiShares Edge MSCI Australia Multifactor ETF$350.35%
- VSOVanguard MSCI Australian Small Companies Index ETF$280.28%
- QREBetaShares Australian Resources Sector ETF$220.22%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$180.18%
- VETHVanguard Ethically Conscious Australian Shares ETF$130.13%
- AECVBETASHARES AUSTRALIAN SHARES CATHOLIC VALUES ETF$100.10%
Why did MLX rise 7.3% on 11 Jul 2025?
Metals X
Insufficient evidence; the price move cannot be attributed to a specific event from the supplied news.
The only news article is a generic ETF list, which does not explain the price move. No announcements, commodity moves, or sector flows are reported. The abnormal move is likely driven by unobserved information or market activity.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 13 ETFs holding MLX
On $10,000 in each fund, at the weight it holds today
- SMLL1.07% of the fund+$8
- ALFA0.80% of the fund+$6
- SSO0.49% of the fund+$4
- ISO0.49% of the fund+$4
- AUMF0.35% of the fund+$3
- VSO0.28% of the fund+$2
- QRE0.22% of the fund+$2
- EX200.18% of the fund+$1
- VETH0.13% of the fund+$1
- AECV0.10% of the fund+$1
The 10 that hold it most. All 13 are listed on the page under Held by.