Metals X Limited (ASX: MLX) - ETF Exposure

Current share price for MLX : $1.590 0.06 (3.64%)⁺

Metals X Limited (MLX) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It is involved in investment in a joint venture company operating a tin mine in Australia; and investments in companies undertaking exploration and development of gold and base metals projects in Australia.

MLX General Information ⁺

ASX Code	MLX
Website	N/A
Industry/Sector	Diversified Metals & Mining
Market Cap ($M)	1,409
MLX Share Price	$1.590
Day High	$1.650
Day Low	$1.580
Last Close	$1.650
MLX Share Price Movement	$0.06 ( 3.64% )

Prices as at 16:40, 30 Oct 2026

⁺Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to MLX

As a significant Australian company by market capitalisation, MLX is held across 18 ETFs spanning strategies that include diversified metals & mining exposure . Its weighting in those funds means performance can have an outsized influence - when MLX moves, funds like MVS, SMLL, ALFA, ISO and SSO that hold it can move with it.

For more concentrated exposure, ETFs such as MVS (VanEck Small Companies Masters ETF) allocate about 2.7% to MLX , while the average exposure across all 18 ETFs that hold it is around 0.4% .

Top ETF holdings

VanEck Small Companies Masters ETF (MVS) ~ 2.7%
BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL) ~ 1.1%
Vaneck Australian Long Short Complex ETF (ALFA) ~ 0.8%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO) ~ 0.4%
State Street SPDR S&P/ASX Small Ordinaries ETF (SSO) ~ 0.4%

Last updated: ETF data and holdings as at 31 October 2026

Own MLX directly or through an ETF?

How does holding Metals X Limited (MLX) shares directly compare to ETFs that include it?

	MLX Direct	MVS ASX	SMLL ASX	ALFA ASX	ISO ASX	SSO ASX
Holdings	1 company	91 holdings	61 holdings	105 holdings	218 holdings	219 holdings
MLX Weight	100%	2.7%	1.1%	0.8%	0.4%	0.4%
Diversification	Single Stock	Broad	Broad	Broad	Broad	Broad
Annual Cost	Brokerage only	0.49% p.a.	0.39% p.a.	0.39% p.a.	0.55% p.a.	0.5% p.a.
Approx. Yield	-	3.01%	3.01%	0.88%	4.65%	9.88%
Star Ratings	-

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not MLX's direct yield. Annual cost uses each ETF's MER.

MLX Exposure on $10,000 investment

How a $10,000 investment in Metals X Limited (MLX) one week ago compares with ETFs that hold it.

Security	Investment type	Current price	7-day price movement	Dollar change	Value today
Metals X Limited (MLX)	Direct share	$1.590	7.80%	+$780	$10,780
VanEck Small Companies Masters ETF (MVS)	Equity - Australia Small/Mid Cap	$19.920	1.63%	+$163	$10,163
BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL)	Equity - Australia Strategy	$4.360	1.40%	+$140	$10,140
Vaneck Australian Long Short Complex ETF (ALFA)	Equity - Australia Strategy	$22.700	0.40%	+$40	$10,040
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	Equity - Australia Small/Mid Cap	$4.700	2.84%	+$284	$10,284
State Street SPDR S&P/ASX Small Ordinaries ETF (SSO)	Equity - Australia Small/Mid Cap	$13.580	2.72%	+$272	$10,272

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

Metals X Limited (MLX) ETFs

18 ETFs hold Metals X Limited (MLX).

ETF	MLX Weight	MER	Yield
VanEck Small Companies Masters ETF (MVS)	2.7%	0.49%	3.01%
BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL)	1.1%	0.39%	3.01%
Vaneck Australian Long Short Complex ETF (ALFA)	0.8%	0.39%	0.88%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	0.4%	0.55%	4.65%
State Street SPDR S&P/ASX Small Ordinaries ETF (SSO)	0.4%	0.5%	9.88%
Vanguard MSCI Australian Small Companies Index ETF (VSO)	0.3%	0.3%	4.95%
ishares Edge MSCI Australia Multifactor ETF (AUMF)	0.3%	0.3%	2.82%
Dimensional Australian Core Equity (Managed Fund) (DACE)	0.3%	0.28%	3.17%
Dimensional Australian Value Trust - Active ETF (DAVA)	0.2%	0.34%	6.53%
Betashares Australian Resources Sector ETF (QRE)	0.2%	0.34%	2.36%

View all 18 ETFs

Metals X Limited (MLX) Upcoming Dividends & Yields

Distribution Type	Dividend	Franking	Ex-dividend date	Payment date	Current Price⁺	Price 7D Avg	Dividend Yield
SpecialEvent	0.55¢	0%	7 Jan 2022	17 Jan 2022	-	-	-
HFResult	1¢	0%	6 Sep 2017	19 Sep 2017	-	-	-
HFResult	2.95¢	26%	31 Aug 2015	25 Sep 2015	-	-	-

See all dividends from Metals X Limited (MLX) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Metals X Limited (MLX) price-sensitive announcements

MLX - Quarterly Activities Report

Metals X Limited’s quarterly activities report for the quarter ended 30 September 2026 sta

Metals X Limited (MLX)
28 Oct 2026 | 8:58 AM

MLX - Exploration Update

Metals X Limited (ASX: MLX) announced an exploration update for the Renison Tin Operations

Metals X Limited (MLX)
7 Oct 2026 | 9:24 AM

MLX - Appendix 4D and Half Yearly Report and Accounts

Metals X Limited’s Appendix 4D and Half-Year Report for the six months ended 30 June 2026

Metals X Limited (MLX)
28 Aug 2026 | 8:28 AM

MLX - Quarterly Activities Report

Metals X Limited reported its quarterly activities for the period ending June 30, 2026. Ti

Metals X Limited (MLX)
27 Jul 2026 | 8:33 AM

Metals X Limited (MLX) Recent ASX Announcements

Company	Sector	Market Cap ($m)	Headline	Release date/time⁺	Price at release⁺	Current price⁺	Gain/Loss
Metals X Limited (MLX) ORDINARY FULLY PAID	Materials	$1,409	Quarterly Activities Report	28 Oct 2026 8:58AM	$1.595	$1.590	fallen by 0.31%
Metals X Limited (MLX) ORDINARY FULLY PAID	Materials	$1,409	Statement regarding a possible offer for First Tin PLC	12 Oct 2026 9:29AM	$2.040	$1.590	fallen by 22.06%
Metals X Limited (MLX) ORDINARY FULLY PAID	Materials	$1,409	Exploration Update	7 Oct 2026 9:24AM	$2.080	$1.590	fallen by 23.56%
Metals X Limited (MLX) ORDINARY FULLY PAID	Materials	$1,409	Appendix 4D and Half Yearly Report and Accounts	28 Aug 2026 8:28AM	$1.925	$1.590	fallen by 17.40%
Metals X Limited (MLX) ORDINARY FULLY PAID	Materials	$1,409	Quarterly Activities Report	27 Jul 2026 8:33AM	$1.455	$1.590	risen by 9.28%
Metals X Limited (MLX) ORDINARY FULLY PAID	Materials	$1,409	2026 Renison Mineral Resource Update	29 Jun 2026 8:35AM	$1.315	$1.590	risen by 20.91%

MLX Financial Summary

Year to Dec	NPAT	EPS	EPS chg (%)	PER	Yield (%)	Franking (%)
2025A	$104.61	$11.80	4.10%	5.50	0.00%	0.0%
2024A	$102.35	$11.30	746.30%	3.50	0.00%	0.0%
2023A	$12.19	$1.30	21.80%	22.30	0.00%	0.0%

MLX Peer Comparison

Company	Mkt Cap	EPS Growth (%)			P/E (%)			Dividend Yield (%)
Company	Mkt Cap	2023 A	2024 A	2025 A	2023 A	2024 A	2025 A	2023 A	2024 A	2025 A
BHP Group Limited (BHP)	$292,442M	0.2093	-0.1226	-0.0062	15.2561	17.3876	17.4955	4.35%	3.59%	3.65%
Lynas Rare Earths Limited (LYC)	$13,115M	22.4000	1.1111	0.9261	58.6145	27.7648	14.4153	0.00%	0.00%	0.00%
Metals X Limited (MLX)	$1,463M	0.0406	0.0000	0.0000	13.9831	0.0000	0.0000	0.00%	0.00%	0.00%
Rio Tinto Limited (RIO)	$55,658M	-0.1811	0.1983	0.0161	15.0383	12.5500	12.3514	4.01%	4.38%	4.45%
South32 Limited (S32)	$19,547M	0.5182	0.0543	-0.0350	14.3515	13.6122	14.1055	3.11%	3.13%	3.06%

MLX Directors

Name	Position	Start Date
Mr Brett Robert Smith	Executive Director	2 Dec 2019
Mr Peter Lynton Gunzburg	Non-Executive Chairman, Non-Executive Director	10 Jul 2020
Mr Patrick O'Connor	Non-Executive Director	24 Oct 2019
Mr Grahame Oliver White	Non-Executive Director	10 Jul 2020

Metals X Limited (MLX) Changes in Directors' Interest & Trades

Date of change	Director	Buy/Sell	Security Type	Qty	Trade Price	Value
2 Mar 2026	O'CONNOR, Patrick	Sell	Indirect Shares	750,000	$1.509	$1,131,375.000
1 Jun 2022	SMITH, Brett	Buy	Direct Shares	40,000	$0.470	$18,800.000
3 Mar 2021	SMITH, Brett	Buy	Direct Shares	50,000	$0.205	$10,250.000

See all changes in directors' interest & trades for Metals X Limited (MLX) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MLX Management

Name	Position
Daniel Broughton	Chief Financial Officer
Natalie Teo	Company Secretary

MLX Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Metals X Limited (MLX). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding	Name
206,321,221 (23.28%)	APAC Resources Ltd
46,825,557 (5.28%)	Bank of America Corporation and its related bodies corporate

MLX Calendar of Events

Date	Event
27 October 2027	Report (Quarterly)
27 August 2027	Report (Interim)
26 July 2027	Report (Quarterly)
29 April 2027	Report (Quarterly)
24 March 2027	Report (Annual)
26 February 2027	Report (Prelim)
27 January 2027	Report (Quarterly)

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