LA Private

June 30, 2023

Tanzania’s mining sector unveils a wealth of opportunities

About a month ago, the Tanzania government signed contracts worth approximately $1 billion (USD$667 million) with three Australian companies to mine graphite and rare earths. The deal, which was signed with Evolution Energy Minerals (ASX:EV1), Ecograf (ASX:EGR) and Peak Rare Earths (ASX:PEK) , constitute a part of Tanzania’s endeavours to progress negotiations on mining and […]

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Direct lithium extraction: a potential solution to the lithium supply crisis (part 1/2)

With the global shift towards electric vehicles well and truly underway and power grids across the world relying on large battery banks to manage the intermittent nature of renewable energy sources, there has been and will continue to be an unprecedented demand for lithium to satisfy the insatiable appetite for batteries. As a result, much

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Strong returns, Inflation, Hawkish central banks, RBA likely to hike, Why Lowe should stay

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australia economic events. Investment markets and key developments over the past week Global share markets, with the exception of Chinese shares, rose over the last week

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China manufacturing data slows: ASX flat at noon

In June, Chinese manufacturing activity contracted for the third consecutive month, as indicated by an official factory survey. This decline in manufacturing activity reflects a slowdown in China’s economy. Additionally, the value of the onshore yuan, China’s currency, reached its lowest level since November, trading at 7.2615 yuan per dollar. Chinese authorities have taken measures

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Stocks of the Hour: Blue Star Helium, Magnis Energy Technologies, Downer EDI

Blue Star Helium (ASX:BNL, OTCQB:BSNLF) has entered into an agreement with IACX Energy. Under the agreement, IACX will supply and operate a helium plant for the provision of helium recovery services. Blue Star will pay a monthly fee. MD and CEO Trent Spry commented: “As well as delivering significant de-risking benefits in terms of upfront

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