Vection (ASX:VR1) books A$2.3m more, lifts Q4 order tally to A$7m
Vection Technologies (ASX:VR1) books A$2.3m in new AI orders across five sectors and lands its…
- ASX: BSX
Blackstone Minerals
Share Price and News
ASX BIG FOUR - LIVE SNAPSHOT
SELL
Whitehaven Coal
(ASX:WHC)
Paul Flynn
01/03/2026
$8.7m
BUY
Elixir Energy
(ASX:EXR)
Featured
SELL
Aspen Group
(ASX:APZ)
David Dixon
03/03/2026
$11.4m
BUY
Lovisa
(ASX:LOV)
Brett Blundy
04/03/2026
$6.8m
— Company Overview
About Blackstone Minerals (ASX:BSX)
Blackstone Minerals is an Australian exploration and development company focused the ASEAN region. The company’s flagship project has been the Ta Khoa Nickel-Copper-PGE Project in northern Vietnam, but it has been pivoting to the Mankayan Copper-Gold Project in the Philippines. Blackstone’s projects tap into the growing global demand for metals needed in clean energy technologies, aiming to deliver shareholder value through resource growth and advancement towards production. In particular Mankayan is a porphyry copper-gold deposit – porphyry tend to be the world’s largest source of copper. BSX claims that the project is one of the largest high-grade undeveloped copper-gold porphyry projects globally.
Blackstone's Company History
Founded in 2016 and listed on the ASX in early 2017, Blackstone Minerals first focused on gold and nickel projects in WA that were eventually spun off. In 2019, it bought the Ta Khoa Project in Vietnam, inspired by the surge in demand for nickel and cobalt due to EVs. Ta Khoa had been an operating mine from 2013 to 2016 but was placed into care and maintenance due to low nickel prices, as well as depletion of the only then known ore reserve. BSX built up an ore reserve and planned a comprehensive upstream and downstream nickel operation to serve local industrial and export partners. In 2025, amidst regulatory delays with Ta Khoa, the company pivoted to Mankayan, acquiring the Fillipino company that was the owner of the project.
- Free Report
Get Our Full ASX Stock Analysis Report
Expert buy ranges, stop losses and detailed fundamentals for 200+ ASX stocks – free every week.
— Forward View
Future Outlook of Blackstone Minerals (ASX: BSX)
Blackstone Minerals outlook hinges on the successful development of Mankayan. It is one of the largest high-grade undeveloped copper-gold porphyry projects globally. Copper will be the most important commodity of the 21st century, needed in many industrial applications. Yet there’ll be a deficit of 10Mt by 2035 and so there’s a need for more mines to enter production. The risks are commodity prices, a potential failure in exploration and sovereign risk. Although the Phillippines is a jurisdiction where gold miners operate and has proven to be safe from a regulatory perspective, it is still unknown by investors and isn’t as well trusted as jurisdictions like Australia and Canada.
— Our Assessment
Is BSX a Good Stock to Buy?
Considering Blackstone Minerals as an investment requires remembering that it is a junior resource stock. And so its fate will hinge on commodity prices and its exploration success or failure. There is high return potential, but it comes with a high risk and the odds are stacked against it. Monitoring upcoming drilling results, project studies, and global nickel-cobalt market trends will be crucial in assessing its investment case over time.
— Our Stock Analysis
Related Articles
Centuria Capital (ASX:CNI) taps A$300m to chase the AI Factory re-rate
Centuria Capital Group (ASX:CNI) launches a A$300m raise at A$2.00 to accelerate ResetData AI Factories…
Has the SpaceX share price already peaked at $225?
On 16 June, just two trading days after the biggest float in the history of…
Norwood Systems (ASX:NOR) lands £150k UK telco pilot for OpenSpan
Norwood Systems (ASX:NOR) has signed a £150,000 paid pilot with a major UK telco for…
SpaceX (NSDQ:SPCX) The Most Misunderstood US $2T IPO in Decades
Should you buy SpaceX
SpaceX is becoming one of the most misunderstood IPOs in market…
Qualcomm in Talks to Buy Tenstorrent for US$10bn, Lifting 3 ASX AI Chip Stocks
KEY POINTS
Qualcomm (NASDAQ:QCOM) is in talks to buy AI chip startup Tenstorrent for…
— Faq
Frequently Asked Questions
What is the current focus of Blackstone Minerals?
Blackstone Minerals is primarily focused on advancing the Mankayan Copper-Gold project in the Philippines.
Does BSX pay dividends?
Currently, Blackstone Minerals does not pay dividends, as profits are reinvested into project development and exploration.
What are the main risks of investing in BSX?
Key risks include commodity price volatility, project development delays, and geopolitical factors affecting operations in Southeast Asia.
Is Blackstone Minerals positioned well for the EV battery metals demand?
Yes, BSX’s focus on nickel and cobalt, critical battery metals, aligns well with growing EV and energy storage market demand.
Is Blackstone Minerals a good long-term investment?
Blackstone Minerals suits investors with a high risk tolerance who are comfortable with junior resource exposure. Its fate will hinge on commodity prices and exploration success or failure at the Mankayan Copper-Gold Project in the Philippines. There is meaningful return potential if exploration delivers, but equally a real possibility of capital loss if results disappoint or funding conditions tighten. Patience and active monitoring of drilling results and commodity prices are essential.
Stay Sharp on the ASX
Weekly research. Independent analysis. No noise.
Free forever · Unsubscribe anytime
