A lot of publicity this month surrounds China’s BYD topping Tesla in the global new energy vehicle stakes in the final quarter of 2023. However, what was not widely discussed is the intriguing success story of Elon Musk’s company in the world’s toughest car market. Thanks to the enormous size of the Chinese domestic market […]
China’s EV market: BYD vs Tesla Read More »
Oil prices surged after the US and UK conducted airstrikes on Houthi rebel targets in Yemen in response to the group’s attacks on ships in the Red Sea. West Texas Intermediate oil rose by up to 1.9% to trade above $73 per barrel. These airstrikes marked an escalation in the conflict with the Iranian-backed Houthi
ASX down 0.04% at noon: Oil prices surge Read More »
Syrah Resources (ASX:SYR) has provided an update on commissioning processes and start of Active Anode Material production at its 11.25ktpa AAM facility in Louisiana. Syrah expects AAM production at Vidalia to start by the end of January 2024. Commissioning processes are well advanced or complete across all parts of the facility, including the key milling,
Stocks of the Hour: Syrah Resources, DigitalX, Alma Metals Read More »
Buried beneath the attention focused on the US Consumer Price Index release and Middle East events, a low-tier weekly figure highlights the enduring strength of the American job market, despite 11 rate hikes in 21 months. The data in question pertains to the weekly first-time claims for US unemployment benefits, which has evolved from an
Resilient US job market amidst rising CPI and Middle East events Read More »
12 Jan 2024 – A snapshot of the stocks on the move, featuring Syrah Resources, DigitalX and Alma Metals.
Stocks of the Hour: Syrah Resources, DigitalX, Alma Metals Read More »
