LA Private

September 15, 2023

Stocks of the Hour: NOVONIX, OzAurum Resources, Future Battery Minerals

NOVONIX (ASX:NVX) has demonstrated successful production with the Company’s Generation 3 Furnaces meeting design targets, including throughput, cost, and sustainability targets. The Company has also doubled production capacity target to up to 20,000 tonnes per annum for Tennessee facility. In response, Dr. Chris Burns, CEO of NOVONIX, commented, “The results of our ongoing production campaigns […]

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Sales slump: Metcash feels the chill as consumers tighten their belts in 2023-24

The slowdown in consumer spending has significantly impacted the sales performance of Metcash (ASX:MTS), Australia’s third-largest supermarket group, in the first 18 weeks of its 2023-24 financial year. In a trading update during Friday’s annual meeting, CEO Doug Jones reported that the group experienced sales growth of 1.7% across all segments, including food, hardware, and

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