Size Seems to Matter in the Lithium Universe
Contrasting quarterly reports this week from lithium producers Albemarle and Livent, with the former experiencing its biggest year ever while the latter is struggling a little.
Read MoreContrasting quarterly reports this week from lithium producers Albemarle and Livent, with the former experiencing its biggest year ever while the latter is struggling a little.
Read MoreIn Cup week we got a fitting interest rate rise trifecta after the Bank of England followed the US Federal Reserve and the Reserve Bank of Australia in lifting its key rate by 0.75%.
Read MoreIn the wake of a gloomy forecast from the World Gold Council this week that should make every investor in a listed gold miner a little bit nervous, we take a look at the broader sector.
Read MoreWhile Elon Musk is making sure his Twitter losses will exceed the $US44 billion he paid for it, Tesla EVs in China have fallen further behind a new leader in BYD.
Read MoreBerkshire Hathaway is due to release its 3Q earnings report this weekend with the focus as usual on its investment portfolio – especially its massive punt on hydrocarbons.
Read Morea2 Milk has joined the list of companies who have won approval to supply baby formula to the US to fill a growing supply gap from a domestic shortage across the country.
Read MorePerpetual has rejected an unwanted $30-per-share takeover offer valuing it at $1.68 billion from a consortium comprising Baring Private Equity Asia and Regal Partners.
Read MoreWoolies shares fell to a 52-week low Thursday on the back of a surprisingly weak performance from its supermarkets and a big profit downgrade for its NZ food business.
Read MoreIt would be fair to say that Wall Street got caught by its own story-making about what the Fed was going to do after lifting rates at this week’s meeting.
Read MoreAmcor says that while third quarter volumes fell in China, demand was solid elsewhere as the company managed to protect margins with price rises offsetting higher costs.
Read MoreRio Tinto has been forced to do a special deal with two dissident shareholders in Turquoise Hill Resources to avoid its $US3.3 billion mop up takeover offer being rejected.
Read MoreIt’s just what the RBA wants to see – the property and housing sectors are both weakening at the same time with the recent series of rate rises the ostensible catalyst.
Read MoreNo matter the size of its rate rise decision this morning, the Fed will have to do a lot more if it is to bash inflation to lower levels by slowing jobs and wages growth.
Read MoreAmazon shares slumped more than 5% on Tuesday to well under $US100 each, putting the company’s market value under $US1 trillion for the first time in two and a half years
Read MoreAs widely forecast, the Reserve Bank has pushed its key cash rate up 0.25% to a new 9-year high of 2.85%, making it seven consecutive board meetings with an increase.
Read MoreThe quarterly report from IGO has shown just how lucrative the Greenbushes lithium mine in southwest WA has become as the renewables juggernaut gathers pace.
Read MoreIron ore started November like it ended October, as the price plunged to its lowest level in three years, according to the SGX futures market at the Singapore Stock Exchange.
Read MoreA cautionary note for the lithium and renewables sectors from Britain where the country’s much-heralded ambitions to be part of the transition could be on the rocks.
Read MoreData from the Australian Bureau of Statistics yesterday confirmed what numerous AGM updates had told us about continuing strength in the local retail space.
Read MoreIs Newcrest having second thoughts about the development of its Havieron deposit in the East Pilbara, or is the seemingly rapid growth in size simply forcing a rethink about strategy?
Read MoreTalk aplenty but no joy yesterday for the enthusiasts wanting to see a marriage between US/Australian coal companies Coronado Global Resources and Peabody Energy.
Read MoreMincor Resources says it has extended the life at its Kambalda nickel mining operations in WA to six years, following an initial ore reserve assessment for the Golden Mile zone.
Read MoreA most delicate week indeed ahead for economies and markets, with half a dozen events or factors that could bolster or whack momentum and investor confidence.
Read MoreIndustrial commodities fell on Friday as fears grew about the impact that China’s rising coronavirus cases and expanding restrictions will have on the already weak economy.
Read MoreA hefty Apple-inspired rally on Wall Street has set the tone for a similarly positive start to the local trading week, with the ASX futures pointing to a near-triple-digit gain on Monday.
Read MoreA 46% slump in operating profit for Brazilian iron ore giant Vale is an early indication of the damage the recent price weakness is doing to the profits of BHP, Rio Tinto and Fortescue.
Read MoreThe signs were there in the final part of the 2021-22 FY as costs clearly rose at its Pilbara iron ore mines, but they well and truly crystalised in the September quarter for Fortescue Metals.
Read MoreIluka has moved to secure its first third-party supply of rare earths raw material for its planned $1.2 billion Eneabba refinery and project near Perth via a deal with Northern Minerals.
Read MoreHow will Core Lithium’s problems with its trumpeted Tesla contract and a surprise in the latest Pilbara Minerals quarterly report affect the local lithium space over oncoming weeks?
Read MoreNewcrest Mining is going to be under enormous pressure to try and avoid falling short on full year gold and copper guidance after a weak opening for the 2022-23 financial year.
Read MoreANZ Bank may feel satisfied with a 5% rise in earnings to $6.5bn for the year to September 30 but it was not to the liking of investors, who lopped 3% off the share price.
Read MoreRetailers JB HiFi and Super Retail Group both saw strong September quarter sales growth from an artificially low base in the corresponding period a year ago.
Read MoreShares in Meta slumped 18% after hours Wednesday after the company not only revealed falling revenues but a 52% slump in net profit for the September quarter – worse than even the most pessimistic forecasts had predicted
Read MoreColes says that first quarter food inflation climbed 7.1% up from 4.3% in the June quarter which saw its supermarkets sales growth slow to a 1.6% rate to $8.8 billion.
Read MoreNo surprises from the September quarter CPI with a surge in the annual rate to 7.3% which means the RBA will now look seriously at a 0.5% increase at its November meeting.
Read MoreThe future of Medibank Private is in doubt after it revealed more details of the cyberhacking scandal affecting all 4 million current and many former customers.
Read MoreShares in Bega Cheese swallowed what would normally be bad news about big cost increases quite well in the wake of the company’s AGM on Wednesday.
Read MoreInvestors will take no heart from the quarterly reports from tech giants Alphabet and Microsoft after hours Tuesday.
Read MoreAustralia’s AAA stable credit rating will survive the first budget statement from the Albanese government if the immediate reaction from ratings group S&P Global is any indication.
Read MoreIt was a rough old ride for Ampol shares on Tuesday, despite the company confidently predicting a record profit of more than $1 billion for the 2022 calendar year.
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