August 15, 2024

Iron ore prices fell again on Wednesday after data revealed Chinese crude steel production slumped for a second consecutive month in July. Figures from the country’s National Bureau of Statistics showed China’s crude steel output plummeting 9% to 82.9 million tonnes in July, compared to the same month in 2023 and June of this year. […]

To register for Friday’s webinar click here. Latin Resources (ASX:LRS) has announced that Pilbara Minerals (ASX:PLS) will acquire 100% of the shares in Latin Resources by way of a Court-approved scheme of arrangement for approximately 20 cents per share. Pilbara Minerals has secured Latin Resources’ flagship Salinas Lithium Project which has potential to become a

Australia’s labour market defied expectations in July, with employment soaring by 58,200 positions, significantly outpacing forecasts. While this robust growth is a positive indicator of economic resilience, it also poses challenges for the Reserve Bank as it seeks to tame inflation. The unexpected jump in employment pushed the unemployment rate to 4.2%, slightly higher than

Wednesday saw a near-record low for the price of shares in Donald Trump’s Trump Media – which houses the loss-making Truth Social platform and is a rival to Elon Musk’s X and Meta’s Threads. The shares ended at US$23.97, near the lowest since the company was backed into a cash shell back in March. The

Pilbara Minerals (ASX:PLS) is set to acquire Latin Resources (ASX:LRS) and its Brazil spodumene interests in an all-paper deal worth around $560 million. The acquisition will expand Pilbara Minerals’ global footprint in the lithium market by adding the Salinas Lithium Project to its Pilbara mining and processing operations in WA. Latin Resources shareholders will receive