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March 2024

NOVONIX Research Report Update: Panasonic signs binding offtake Samsung and LGES next?

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. […]

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Stocks of the Hour: ABx Group, LBT Innovations, NickelSearch

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

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ASX up 0.12% near noon: Best performer is Consumer Discretionary

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

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China’s February auto sales

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

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Ramelius Resources unveils 10-year mining plan

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

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Business conditions show improvement

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

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