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At noon, the S&P/ASX 200 is 0.07 per cent higher at 7,127.70. The Australian sharemarket experienced a decline of over 2 percent, mainly due to the energy sector’s poor performance. This decline was triggered by a drop in global oil prices, which reached their lowest level since December 2021. During Asian trade on Tuesday, Brent futures

Altech Batteries (ASX:ATC, FRA:A3Y) announced the release of preliminary battery specifications for its CERENERGY battery products. This enables the company to initiate discussions with potential off-take partners. Shares are trading flat at 9.3 cents. Azure Minerals (ASX:AZS) announced broad intersections of high-grade lithium mineralisation. Azure’s MD Mr Tony Rovira said: “These results highlight the exceptional

Ken Aitken – Managing Director – Metgasco (ASX:MEL) is a petroleum (oil and gas) exploration and production company. The company is currently transitioning to becoming a gas producer through its Vali field located in the ATP2021 permit in Queensland.

Robert Smillie – Managing Director – Southern Gold (ASX:SAU) has an exploration portfolio in South Korea focussed on gold, silver, copper, lithium and rare earth elements.

Patagonia Lithium (ASX:PL3) has acquired exploration licences over three prospective properties in the lithium triangle in Argentina. The company has assembled an experienced team to develop the prospects.

El Nino is coming and the growing chance of a ‘big dry’ later this year and early next has seen the federal government’s chief rural analysis and forecasting group cut Australia’s winter crop production and exports forecasts. According to the June crop report from the Department of Agriculture, Fisheries and Forestry, total Australian winter crop

Tesla’s share price has zoomed higher this year as the Elon Musk-run company seems to have gotten its mojo back after the CEO was diverted by his loss-making Twitter adventure in 2022. Tesla’s sales are rising nicely – especially in China – after the problems with the Covid lockdowns last year and the price cutting

London-based Benchmark Mineral Intelligence reckons not only is Australia well placed in lithium, but it is starting to see something similar in rare earths. Benchmark is not normally given to extravagant predictions – it’s one of the world’s leading analysts of demand and supply, especially for key renewable materials such as lithium and rare earths.

Australia’s third-biggest gold miner Evolution Mining (ASX:EVN) is finally getting the expansion of one of its cornerstone mines, Mungari, underway with the aim to be in production by 2026-27. Evolution (EVN) says the project – which was delayed last year by Covid and the pandemic restricting the availability of labour – will cost around a