This ASX materials stock could be set to boom 40% or more

ASX materials stocks have been a shining light in what has otherwise been a turbulent 2026 for the ASX. 

The S&P/ASX 200 Materials Index (ASX: XMJ) is up 9% year to date. 

This has significantly outpaced the S&P/ASX 200 Index (ASX: XJO), which is almost even with where it…