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Stocks of the Hour: Orexplore Technologies, Piedmont Lithium, Jaxsta

Orexplore Technologies (ASX:OXT) has signed an agreement with BHP (ASX:BHP) for a field deployment at the Carrapateena mine in South Australia. In response, Orexplore’s Managing Director, Brett Giroud, commented: “this agreement further demonstrates increasing global demand for non-destructive, 3D information sourced rapidly from the field to inform decision processes, drive traditionally siloed collaboration around digital

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Global markets rattled as China Evergrande files for bankruptcy protection

Global stock markets are set to experience turbulence following the news that the beleaguered Chinese property behemoth, China Evergrande, has filed for bankruptcy protection in a New York court. Hong Kong markets, already at 9-month lows, are bracing for further declines today due to this development. Evergrande had previously disclosed a staggering $270 billion in

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Lithium price slump continues to impact SQM’s profits in Q2 2023

The decline in lithium prices, particularly in the crucial Chinese market during late 2022 and early 2023, continued to weigh on the performance of SQM, the Chilean-based second-largest global lithium group, trailing behind the US-based Albemarle. SQM reported a 32.5% drop in net profit for the second quarter compared to the same period the previous

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ASX up 0.17% at noon as oil prices suffer first weekly decline since June

Oil prices are set to experience their first weekly decline since June due to a combination of concerns regarding China’s economic weakness and the potential for stricter monetary policy in the US. West Texas Intermediate crude is approaching $80 per barrel, marking its fourth drop in five sessions. This decline of over 3% during the

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