March 2024

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

Thanks to the week-long Lunar New Year break, February car sales in China fell from January and were lower over the year, with sales of conventional and New Energy Vehicles (NEVs) declining. Despite exports rising for the first two months of the year and sales from a year ago, the increasingly competitive market and the

On Tuesday, iron ore prices displayed a distinct contrast as they rose in Singapore but dipped in the crucial Chinese market of Dalian. This shift in pricing dynamics is likely to impact sentiments surrounding major exporters like BHP (ASX:BHP), Rio Tinto (ASX:RIO), Fortescue (ASX:FMG), and Mineral Resources (ASX:MIN), who play significant roles in the iron

US inflation unexpectedly rose to 3.2% last month, which will likely make the US Federal Reserve reluctant to change its approach to rate cuts this year. It was only a small rise – 0.1%, but it marked the second consecutive monthly increase in the annual rate. This development will make it harder for a cautious

Stocks jumped Tuesday after fresh U.S. inflation data was about in line with expectations, clearing the way for investors to resume buying high-flying tech names such as Nvidia and Meta Platforms. The Dow Jones Industrial Average gained 235.83 points, or 0.61 per cent, to close at 39,005.49. The S&P 500 ticked up 1.12 per cent

In the rugged landscapes of Western Australia’s mining regions, the relentless onslaught of wet weather continues to pose significant challenges for industry players. The latest victim of nature’s fury is Capricorn Metals’ (ASX:CMM) Karlawinda gold mine, nestled in the heart of the Pilbara. Facing its second deluge in less than three months, the company finds

Ramelius Resources (ASX:RMS) recently unveiled a comprehensive 10-year mining plan for its flagship Mt Magnet operation in Western Australia. However, beyond the surface-level revelations lies a narrative brimming with confidence in the company’s financial fortitude, particularly as it navigates discussions of a potential merger with Karora Resources, a Canadian-listed Australian gold miner. In a detailed

Business conditions improved slightly in February, yet confidence dipped, according to the latest NAB survey on the Australian economy. The respected monthly survey confirmed that while inflation remains a challenge and retailing is sluggish, business investment is on the rise. Key findings include a 3-point increase in business conditions, reaching +10 index points, with trading