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Liontown Resources (ASX:LTR) has taken a step to boost early revenue from its Kathleen Valley project in WA by reaching an agreement to deliver a direct shipping ore (DSO) product to potential customers. In a statement to the ASX on Thursday, the company (which has rejected a takeover offer from the US giant, Albemarle) stated […]

The action continues for Pilbara Minerals (ASX:PLS), which yesterday confirmed a major testing of the waters in the upgrading of its lithium ores. A week ago, the company dispelled a lot of the gloom around its share price with better-than-expected production figures for its spodumene (which offset the much-forecast price fall) and another quarter where

As nations worldwide accelerate efforts to combat climate change and achieve net-zero emissions, the demand for clean energy technologies and the materials they rely on is surging. However, this growing demand poses potential supply risks for certain critical materials, which could hinder the global transition to clean energy within the desired timeframe, warns a new

Global markets sold off Wednesday in the first full session of trading in the wake of the historic downgrade of America’s AAA rating by Fitch. The Fitch news saw a swarm of critics emerge in the US in the wake of the decision to cut America’s standing to AA+, thereby matching the rating held in

Stocks hit selloff mode Wednesday, and the Nasdaq Composite registered its worst day since February, after Fitch Ratings cut the long-term foreign currency issuer default rating for the US to AA+ from AAA Tuesday night, citing “expected fiscal deterioration over the next three years.” There are now two companies rated more creditworthy than the US

Companies discussed: James Hardie Industries (ASX:JHX)Reliance Worldwide Corporation (ASX:RWC)Brickworks (ASX:BKW)

At the end of the trading day, the S&P/ASX 200 experienced a decline of 1.29 per cent, closing at 7,354.70. This drop was attributed to market nerves exacerbated by the downgrading of the US sovereign rating. During this period, all 11 industry sectors recorded losses, with utilities and real estate being the hardest hit among

Fitch has joined its rival, S&P Global, in cutting the credit rating of the United States. In a statement issued on Tuesday after Wall Street trading ended for the day, Fitch revealed that the new rating would be AA+, down from AAA. This mirrors S&P’s rating, which has been in place since 2011. The news

Westgold Resources (ASX:WGX), the operator of the Bluebird and Big Bell gold mining operations in Western Australia, has made a daring prediction that its costs will ease in the coming financial year. In a recent update to the ASX, the company provided further details of its projected production and cost guidance for 2023-24, showing optimism