March 13, 2024

Companies discussed include: Woodside Energy Group (ASX:WDS)Dicker Data (ASX:DDR)AGL Energy (ASX:AGL)

NOVONIX (ASX:NVX) – Panasonic Energy (Panasonic) has converted a long-standing MOU into a contract for at least 10kt of high-performance synthetic graphite to be taken over 4 years (i.e. 2.5kt/year). To satisfy demand from EV manufacturers Tesla, Honda, GM, Toyota, and Lucid, Panasonic has plans for 200GWh of cell production across North America by 2031.

To register for Friday’s webinar click here. ABx Group (ASX:ABX) announced high-grade rare-earth elements results from the recently completed 97-hole drilling campaign at Rubble Mound. The results enlarged the extent of the Rubble Mound high-grade REE zone within the extensive 52 million tonne Deep Leads-Rubble Mound resource. Shares are trading flat at 6.6 cents. LBT

The S&P/ASX 200 opened with a 0.2% increase, driven by gains in retail and healthcare sectors despite declines in energy and resources. This positive trend mirrored Wall Street’s performance following slightly higher-than-expected US inflation data, with the S&P 500 reaching a record high close, while bond yields rose and oil prices dipped. Analysts suggest that