Rally in resource stocks wasn't enough
Stockhead's Closing Bell column wraps the ASX session of 11 December 2025, a day dominated by the US Federal Reserve's split rate decision, which left markets uncertain about the path of policy into 2026. Despite the confusion rippling through global equities, strength across the resources sector helped tick the Australian sharemarket higher by the close, with miners doing much of the heavy lifting.
The wrap canvasses the day's sector moves and small-cap newsmakers, landing on the same day Prairie Lithium (ASX:PL9) announced its binding ten-year offtake heads of agreement with South Korea's Hydro Lithium — news that placed the Saskatchewan lithium developer among the session's notable movers in the resources space.