Buy These ASX Materials Stocks: Last Chance Before the Rally
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This episode of the Talking Wealth Podcast dives into the resurgence of ASX materials stocks, positioning them as prime candidates for a major rally after a significant pullback in 2026. Host Philip Tortevsky, joined by senior analysts Janine Cox and Pedro Bañales, argues that the materials sector—having fallen 20% from its 2025 highs—now presents a 'last chance' opportunity for investors to capitalize on strong upside potential. The team analyzes several key stocks, including Mineral Resources (MIN), Alkane (ALK), Rio Tinto (RIO), Bisselloy Steel (BIS), Metals (MLX), Fortescue (FMG), PRL, VMC, IGO, and Resolute Mining (RSG), highlighting technical patterns, historical performance, and macroeconomic tailwinds such as global supply chain shifts and rising demand for critical minerals. The hosts emphasize the importance of timing, risk management, and chart literacy, warning against emotional investing and encouraging traders to use disciplined strategies. They also address listener questions on stocks like Downer EDI, Woodside, and Evolution Mining, offering nuanced views on when to take profits or hold. The episode concludes with a hot stock tip on Resolute Mining, which could benefit from a new state-backed gold project in Guinea.
Materials stocks are presenting high-potential 'last chance' opportunities after a 20% pullback in 2026.
Technical analysis and chart patterns are essential for identifying entry points and managing risk in volatile sectors.
High-risk, high-reward plays like PRL and VMC require strict risk management and liquidity awareness.
Historical context matters—stocks like Rio Tinto took over a decade to recover from past crashes, highlighting the cost of poor timing.
Global geopolitical shifts, especially in car manufacturing and mineral supply chains, are creating new investment themes.
…and 2 more takeaways available in PodZeus
The Materials Sector Rally: Last Chance Opportunity
“This is an area to get really excited about. It is, I know. The moment we decided to do this show, I thought of you and said, okay, materials. Oh, thank you. That's so nice of you.”
Stock Deep Dive: MIN, ALK, RIO, BIS, MLX
“If it does hold above this level and it breaks above that $8 on strong volume, and we see a rise up, I think that this one is on the precipice of a new long sustained uptrend.”
High-Risk Plays: PRL, VMC, and FMG
Pedro and Janine discuss high-risk, high-reward stocks like PRL (phosphate rock) and VMC (low liquidity, 10-year sideways move), stressing the need for caution and liquidity checks. Fortescue (FMG) is seen as a potential breakout candidate if it holds $24.
Market Context & Listener Q&A
The hosts address listener questions on Downer EDI, Woodside, and Evolution Mining, offering strategic advice on risk management, profit-taking, and long-term positioning. They also discuss the geopolitical drivers behind oil prices and the potential for shorting when conditions shift.
Hot Stock Tip: Resolute Mining (RSG)
“I actually think that this one has great prospects. I love the way that this trend has unfolded.”
“If it does hold above this level and it breaks above that $8 on strong volume, and we see a rise up, I think that this one is on the precipice of a new long sustained uptrend.”
“It's not about the upside. It's all about the risk. And even more so right now because of the volatility and liquidity.”
“This is an area to get really excited about. It is, I know. The moment we decided to do this show, I thought of you and said, okay, materials. Oh, thank you. That's so nice of you.”
Host
Guests
Pedro Bañales
person
Janine Cox
person
Philip Tortevsky
person
Mineral Resources
organization
Rio Tinto
organization
Wealth Within
organization
Alkane Resources
organization
Resolute Mining
organization
China
place
Bisselloy Steel
organization
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