October 11, 2023

Paul Sanger: We’re talking today with QX Resources, ASX code QXR. QXR has a market cap of around 23 million. QX Resources is focused on exploration and development of battery minerals with hard rock lithium assets in a prime location of WA. Lithium Brine project in the USA, copper, molly and gold assets in Queensland, […]

Inflation concerns continue to grip the U.S. economy as the latest data reveals that wholesale prices surged more than anticipated in September. The producer price index (PPI), a key metric that measures the costs for finished goods that producers pay, increased by 0.5% during the month, surpassing the Dow Jones estimate, which had predicted a

On September 28, Lithium Power International (ASX:LPI) confirmed in a statement to the ASX that it had been in discussions with Chilean state-owned copper giant, Codelco, about a potential ‘transaction.’ The shares had already risen from just over 22 cents a week earlier on rumors of a deal of some sort. They closed at 26

Stocks ticked higher Wednesday as traders awaited the release of new US consumer inflation numbers and Treasury yields continued to retreat. The producer price index rose 0.5 per cent for September, coming out higher than the Dow Jones estimate for a 0.3 per cent rise. The figure still represented a slowing from the 0.7 per

Shares in Liontown Resources slumped late yesterday after it became known that Gina Rinehart’s Hancock Prospecting had increased its stake to 19.9% and retreated from the market. The shares fell to a low of $2.90 just before the close, but they edged up to a $2.92 finish. That’s the lowest they have been since early

Thanks to ongoing subsidies, China’s new energy vehicle (NEV) sales reached another record high in September, surpassing the previous month’s peak. This continued momentum is expected to push Chinese NEV sales close to the 10 million mark by December, which is excellent news for lithium and other battery/electric vehicle (EV)-related metal producers in Australia, South

CSL’s (ASX:CSL) Annual General Meeting in Melbourne on Wednesday turned into a heated discussion regarding executive pay and a declining share price, casting a shadow over the reaffirmation of guidance for the upcoming year. CSL’s chairman, Brian McNamee, found himself defending the pharmaceutical giant’s growth prospects as it faced a 23% protest vote against executive

German footwear giant Birkenstock and its private equity owner, L Catterton, have successfully completed their IPO, pricing shares at $US46 each, firmly positioning the iconic sandal maker on the American stock market. This move marks the fourth significant test of the US IPO market this month and underscores the strong investor appetite for new opportunities.