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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410,000 jobs added in the past year

The August labour force report, released on Thursday, confirmed robust job market growth, with 410,000 jobs created in the past year, including 65,000 in the most recent month, maintaining a steady jobless rate of 3.7%. Despite occasional data hiccups this year, there has been a consistent and substantial expansion in new job creation, often perplexing

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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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