Lotus Resources Given Beating on Middle East Exposure -- Market Talk

Dow Jones03-25 06:08

2208 GMT - Among Australia-listed uranium miners, Lotus Resources has been hardest hit by concerns about raw materials supply due to the Iran conflict. Lotus's share price has almost halved since the start of March. Ord Minnett says Lotus's supplies of acid and sulphur look secure at present, but fuel is more precarious. "Lotus's diesel forward orders and stocks should see it through to early July, but supply is refined in the Middle East where the duration of the transport blockages and extent of refinery damage are uncertain," analyst Matthew Hope says. Lotus is standing still on July orders to see how volatility plays out. "Disruption cannot be ruled out as it depends on the conflict," Ord Minnett says. Lotus ended Tuesday at A$1.205, below Ord Minnett's A$3.90/share target. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 24, 2026 18:08 ET (22:08 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2622601600?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-25 06:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2622601600","market":"nz","top_or_hot":-1,"title":"Lotus Resources Given Beating on Middle East Exposure -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2208 GMT - Among Australia-listed uranium miners, <a href=\"https://laohu8.com/S/LOT.AU\">Lotus Resources</a> has been hardest hit by concerns about raw materials supply due to the Iran conflict. <a href=\"https://laohu8.com/S/LOT\">Lotus</a>'s share price has almost halved since the start of March. Ord Minnett says Lotus's supplies of acid and sulphur look secure at present, but fuel is more precarious. \"Lotus's diesel forward orders and stocks should see it through to early July, but supply is refined in the Middle East where the duration of the transport blockages and extent of refinery damage are uncertain,\" analyst Matthew Hope says. Lotus is standing still on July orders to see how volatility plays out. \"Disruption cannot be ruled out as it depends on the conflict,\" Ord Minnett says. Lotus ended Tuesday at A$1.205, below Ord Minnett's A$3.90/share target. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 18:08 ET (22:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lotus Resources Given Beating on Middle East Exposure -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLotus Resources Given Beating on Middle East Exposure -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-25 06:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2208 GMT - Among Australia-listed uranium miners, <a href=\"https://laohu8.com/S/LOT.AU\">Lotus Resources</a> has been hardest hit by concerns about raw materials supply due to the Iran conflict. <a href=\"https://laohu8.com/S/LOT\">Lotus</a>'s share price has almost halved since the start of March. Ord Minnett says Lotus's supplies of acid and sulphur look secure at present, but fuel is more precarious. \"Lotus's diesel forward orders and stocks should see it through to early July, but supply is refined in the Middle East where the duration of the transport blockages and extent of refinery damage are uncertain,\" analyst Matthew Hope says. Lotus is standing still on July orders to see how volatility plays out. \"Disruption cannot be ruled out as it depends on the conflict,\" Ord Minnett says. Lotus ended Tuesday at A$1.205, below Ord Minnett's A$3.90/share target. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 18:08 ET (22:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7083","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622601600","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622601600","pubTimestamp":1774390080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2208 GMT - Among Australia-listed uranium miners, Lotus Resources has been hardest hit by concerns about raw materials supply due to the Iran conflict. Lotus's share price has almost halved since the start of March. Ord Minnett says Lotus's supplies of acid and sulphur look secure at present, but fuel is more precarious. \"Lotus's diesel forward orders and stocks should see it through to early July, but supply is refined in the Middle East where the duration of the transport blockages and extent of refinery damage are uncertain,\" analyst Matthew Hope says. Lotus is standing still on July orders to see how volatility plays out. \"Disruption cannot be ruled out as it depends on the conflict,\" Ord Minnett says. Lotus ended Tuesday at A$1.205, below Ord Minnett's A$3.90/share target. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7083":"煤与消费用燃料","BK7095":"多种金属与采矿","LOT.AU":"Lotus Resources"},"translate_title":"莲花资源因中东风险敞口而遭受打击——市场讨论","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LOT.AU":0.9},"content_text":"2208 GMT - Among Australia-listed uranium miners, Lotus Resources has been hardest hit by concerns about raw materials supply due to the Iran conflict. Lotus's share price has almost halved since the start of March. Ord Minnett says Lotus's supplies of acid and sulphur look secure at present, but fuel is more precarious. \"Lotus's diesel forward orders and stocks should see it through to early July, but supply is refined in the Middle East where the duration of the transport blockages and extent of refinery damage are uncertain,\" analyst Matthew Hope says. Lotus is standing still on July orders to see how volatility plays out. \"Disruption cannot be ruled out as it depends on the conflict,\" Ord Minnett says. Lotus ended Tuesday at A$1.205, below Ord Minnett's A$3.90/share target. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2026 18:08 ET (22:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622601600","isCrawlerRequest":true}