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At noon, every one of the 11 sectors on the ASX is showing losses, with the technology stocks exerting the most significant downward pressure on the benchmark. At noon, the S&P/ASX 200 is 0.76 per cent lower at 7,224.00. The SPI futures are pointing to a fall of 62 points. Best and worst performers All […]

18 Sep 2023 – NOVONIX (ASX:NVX) achieved successful production with its Generation 3 Furnaces, meeting design goals for throughput, cost, and sustainability.

In a strategic move aimed at securing its foothold in the booming battery minerals market, global mining giant Rio Tinto (ASX:RIO) has been quietly amassing exploration tenements in Western Australia, covering a staggering 145,000 hectares. The company’s latest foray into the lithium land grab highlights its ambition to play a significant role in the global

Uranium prices have skyrocketed to their highest levels in 12 years, reflecting a worldwide revival in nuclear power as energy utilities rush to secure fuel supplies. The commodity, often referred to as “yellowcake,” has surged approximately 12 percent to reach $65.50 per pound in the past month. This surge breaches last year’s peak and reaches

NOVONIX (ASX:NVX) achieved successful production with its Generation 3 Furnaces, meeting design goals for throughput, cost, and sustainability. Paul Sanger: Hi, I’m Paul Sanger for the Finance News Network, and today we’re talking to Novonix CEO, Dr. Chris Burns. Chris, welcome back to the Network. Chris Burns: Hi, Paul. Thanks for having me on this

Investor attention this week will be on meetings of three of the globe’s big four central banks: the Fed, the Bank of Japan, and the Bank of England, which will discuss inflation (and the recent rise in cost pressures) and interest rates. Only the Bank of England is tipped to raise rates after the European

The ASX is poised for a lackluster beginning to the week as trading resumes later this morning. Wall Street’s Thursday surge fizzled out on Friday, leaving investors with a sense of disappointment. The ASX 200 futures market experienced a 42-point decline on Friday night, marking a surprising reversal compared to the solid 1.3% gain of

The odd boomlet in iron ore continued on Friday, pushing the key Singapore futures price for the global benchmark of 62% Fe fines delivered to northern China higher on the day and week, lifting the gain since the start of August to more than 24%. Friday’s rise came as China reported a sharp 4.8% slide

US oil prices surged above $90 a barrel last Friday, a 10-month high, following Brent crude’s upward trajectory, driven by mounting concerns about tightening supplies in the coming months. West Texas Intermediate closed at $91.20 a barrel, marking its first close above $90 this year and the highest since late 2022, registering a gain of

18 Sep 2023 – Stocks fell Friday as investors wrapped up a volatile week ahead of the Federal Reserve’s policy meeting. All 11 S&P 500 sector indexes declined, led lower by information technology, down 2 per cent, followed by a 1.9 per cent loss in consumer discretionary.