LA Private

September 2023

Australia’s wealth surges despite per capita growth recession

According to the June quarter’s national accounts, Australia is in the midst of a per capita growth recession, with falls of 0.3% in each of the March and June quarters. However, the financial national accounts, released on Thursday, tell a very different story with the country and Australians getting wealthier. It’s all down to the […]

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ASX-listed Broncos eye premiership

The National Rugby League’s season wraps up this Sunday, with the Brisbane Broncos (ASX:BBL) having a good chance to become premiers for the first time in 17 years when they play Penrith in Sydney. They are well ahead of their 2022 performance, and this year’s success has seen the team’s owners, Brisbane Broncos Ltd, emerge

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Liontown Resources’ cost blowout

Liontown Resources (ASX:LTR) has further exposed its financial vulnerabilities with another cost overrun on its Kathleen Valley lithium project in Western Australia’s northern Goldfields. The company has accepted a $3 per share cash offer from US lithium giant Albemarle. However, Gina Rinehart’s Hancock Prospecting is working to acquire a potentially blocking 10.7% stake. On Friday,

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Vital Metals (ASX:VML) – Canada’s first rare earths miner

Vital Metals Limited (ASX:VML) Interim Non-Executive Chairman Richard Crookes discusses termination of the company’s Saskatoon facility, the Tardiff rare earths asset, and next steps for the company. Richard Crookes: Yeah, so I’m here today really to provide a bit of colour to our recent ASX announcement. I think it provides clarity and a long overdue

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Stocks of the Hour: Liontown Resources, Blackstone Minerals, Harvest Technology Group

A snapshot of the stocks on the move, featuring Liontown Resources, Blackstone Minerals and Harvest Technology Group. Kathleen Valley Project update Liontown Resources Limited (ASX:LTR) announces an update on the estimates of the Kathleen Valley Lithium Project. The project remains on schedule to commence first production of spodumene by mid-2024, the project capital costs to

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