August 2023

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate. Key pointsThe RBA left its cash rate on hold at 4.1% for the second month in a row.This was in line with our own view where we thought it was a close call, but that the RBA would opt […]

Despite a more than doubling in the cost, Lynas Rare Earths (ASX:LYC) plans to build a major US facility financed by the American government remain on track. Lynas confirmed on Tuesday that it had signed a follow-on contract with the America’s United States Department of Defense (DoD) for the construction of the Heavy Rare Earths

Breaking news from the Reserve Bank as they decide to keep the cash rate unchanged at 4.1% for the second consecutive month. The recent dip in inflation during the June quarter influenced the central bank’s decision to hold off on any rate hikes. RBA Governor Philip Lowe expressed optimism about the inflation trend, noting that

The S&P/ASX 200 is performing well today, up by 0.36 per cent so far. The SPI futures are also looking positive, up by 35 points. In terms of sectors, the Information Technology sector is leading the way with a gain of 0.94 per cent, while the Industrials sector is down 0.21 per cent, making it

In an intriguing A$82.6 million deal, global lithium giant Albemarle has secured an interest not only in aspiring company Patriot Battery Metals (ASX:PMT) but also in their promising Corvette lithium project in Canada. An announcement on Tuesday revealed that Patriot had entered into a private placement of C$109 million (A$82.6 million) with Albemarle, granting Albemarle a

According to a recent ANZ-Roy Morgan survey, consumer confidence experienced a notable boost of 3.2 percentage points last week, reaching its highest level since late April. ANZ senior economist Adelaide Timbrell pointed out that this increase was primarily fueled by significant improvements in the ‘future financial conditions’ category, which occurred just before an anticipated pause

Patriot Battery Metals (TSX.V:PMET, ASX:PMT, OTCQX:PMETF, FSE:R9GA) has entered into a subscription agreement with respect to a private placement of approximately C$109 million in Patriot by Albemarle Corporation. In response, Blair Way, Company President and CEO, commented: “the additional funding will allow us to more aggressively advance the Corvette Property through drilling, permitting, study work