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Trans Tasman building products giant, Fletcher Building (ASX:FBU) has trimmed its 2022-23 earnings outlook 9 days before it rules off its books for the financial year and given a big hint that the new financial year will be tough. The company told an investor day streamed to both sides of the Tasman on Wednesday that […]

Sayona Mining Limited (ASX:SYA) Finance Manager Dougal Elder discusses key takeaways from the recent lithium carbonate study, improvement in operation total value, and steps to get to first production in 2026. Paul Sanger: We’re talking today with Sayona Mining (ASX:SYA), who is an emerging leader in the supply of lithium for North America’s electrification. We

Office and industrial property group, Dexus (ASX:DXS), has reduced the book value of its office and industrial properties by approximately $1 billion (6 per cent reduction) due to higher capitalization rates and discount rates as indicated by an independent expert’s report. Despite rental growth offsetting some impact, the office portfolio decreased by about 7.7 per

Sayona Mining (ASX:SYA) announced that their preliminary technical study at their NAL lithium carbonate plant study produces an NPV of A$3.2bn. Sayona’s Managing Director, Brett Lynch commented: “Significantly, NAL is set to become the only lithium operation with a concentrator and carbonate plant all on the same site in North America. Shares are trading flat

China may have made the last of the current round of official interest rate cuts on Tuesday, but the question economists are now pondering is, what does the government of President Xi Jinping do next to add to the impact of the very modest rate cuts. The answer might be revealed (in part) at midday

Rex Airlines (ASX:REX), Australia’s largest regional and domestic airline operator, has shocked investors by announcing a forecasted loss of $35 million for the current financial year. This unexpected downturn comes after earlier predictions of turning a profit. The company, which operates a fleet of 59 Saab 340 and seven Boeing 737 aircraft across Australia, had

Rio Tinto (ASX:RIO) says it will invest more than US$900 million to expand output from its huge Kennecott copper mining and processing operation in the US. The miner says US$498 million will be spent to deliver underground development infrastructure for an area known as the North Rim Skarn, part of the Kennecott operation near Salt

Even though it is a major investor in the Chilean lithium industry and says it will deal with the country’s new, higher state involvement in the sector, Albemarle, the world’s leading lithium player, continues to invest and show interest in Australia. The Chilean government has taken aim at Albemarle and SQM, the local giant, for