BHP (ASX:BHP) has announced that it will not accelerate its decarbonisation plans beyond its existing target of reducing emissions by 30 percent by 2030. The company’s head of management, Graham Winkelman, made this statement during an investor briefing, emphasising that BHP intends to focus on taking concrete actions to address its scope 1 and 2 […]
BHP sticks to current decarbonisation goals Read More »
In a significant development for the office and industrial property sector, Dexus (ASX:DXS) , a prominent Australian real estate group, has announced a reduction in the book value of numerous properties. This move, amounting to approximately $1 billion, translates to a 6% decrease in prior book values. The decision was prompted by an independent expert’s
Dexus lowers property book values by $1bn Read More »
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
Fletcher Building’s bleak FY23 outlook Read More »
21 Jun 2023 – 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.
Sayona’s vertically integrated NAL NPV now exceeds A$5bn Read More »
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
Sayona’s vertically integrated NAL NPV now exceeds A$5bn Read More »
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
Dexus cuts valuations: ASX 0.22% lower at noon Read More »
21 Jun 2023 – A snapshot of the stocks on the move featuring Sayona Mining (ASX:SYA), Tamboran Resources (ASX:TBN) and Imagion Biosystems (ASX:IBX).
Stocks of the Hour: Sayona Mining, Tamboran Resources, Imagion Biosystems Read More »
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
Stocks of the Hour: Sayona Mining, Tamboran Resources, Imagion Biosystems Read More »
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
China has cut rates, but what’s next? Read More »
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
Rex Airlines faces $35m loss due to pilot and parts shortage Read More »
