Are you looking to diversify your portfolio with some mining sector exposure in the new financial year?
If you are, then it could pay to listen to what Bell Potter is saying about the ASX mining stocks in this article.
That's because the broker has just tipped them as its top picks for the year ahead. Here's why:
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AIC Mines Ltd (ASX: A1M)
This copper production and exploration company could be an ASX mining stock to buy according to the broker.
It is a fan of the company's 100%-owned Eloise Copper Project (ECP) in Queensland and its experienced management team. It said:
ECP is an established underground copper-gold mine producing ~13ktpa copper and +5kozpa gold. It has a clear pathway to growth, having commenced expansion of the mine and mill to 20ktpa copper production. A1M's management team is led by Managing Director, Aaron Colleran and Chairman, Josef-El-Raghy.
Both have a strong track record of value accretive acquisition and asset development. A1M represents leveraged copper exposure and the current share price represents an excellent entry point into a well-managed, Australian based copper producer.
Bell Potter currently has a buy rating and 67 cents price target on its shares.
Aeris Resources Ltd (ASX: AIS)
Another copper miner that the broker is bullish on is Aeris Resources.
Bell Potter thinks it could be an ASX mining stock to buy due to its positive view on copper and its M&A appeal. The broker explains:
AIS represents a copper dominant mining exposure whose primary assets are the Tritton Copper Operations in NSW and the Cracow Gold Mine in QLD. Its near-term outlook is highly leveraged to rising copper grades at the Tritton copper mine, where new high grade ore sources are growing production in FY26.
The advancement of the Constellation deposit is set to sustain higher production levels over the long term. Tritton is a regionally strategic asset that, in our view, makes AIS attractive as an M&A target. The Cracow gold mine in QLD is running to plan and offers an unhedged gold exposure that is highly leveraged to a rising gold price.
Bell Potter has a buy rating and 35 cents price target on its shares.
Nickel Industries Ltd (ASX: NIC)
A final ASX mining stock that could be a buy in the 2026 financial year is nickel producer Nickel Industries.
The broker likes the Indonesia-based miner due to its low costs and strong growth outlook. It explains:
NIC's operations are located in Indonesia and are long-life, bottom-of-the cost-curve projects. In 2HCY25 we anticipate the delivery of major positive growth catalysts. These include ore production ramp-up to a 19Mtpa run-rate (pending permits) at the Hengjaya Mine and the commissioning of the ENC HPAL project in October for ramp-up to full production of +70ktpa in 1HCY26.
We expect these developments to increase production, margins and EBITDA. While nickel prices are under pressure, NIC has shown the ability to make money through the cycle which is a key attribute of attractive long-life assets.
Bell Potter has a buy rating and $1.51 price target on its shares.
