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Lithium's impact on ASX investors, Chinese NEV sales, and the global EV market

21 Dec 2023 - Among renewables, lithium remains a significant driver for ASX investors and companies, with Rio Tinto exploring this space, unlike BHP.

China's central bank maintains record low rates despite economic concerns

21 Dec 2023 - China's central bank left its last two key indicator rates steady at all-time lows on Wednesday, despite November's economic data dump—especially housing and inflatio…

Stocks of the Hour: First Lithium, Entyr, Bastion Minerals

20 Dec 2023 - A snapshot of the stocks on the move, featuring First Lithium (ASX:FL1), Entyr (ASX:ETR) and Bastion Minerals (ASX:BMO).

$14.3 billion Allkem and Livent merger approved

20 Dec 2023 - The $14.3 billion merger between Allkem (ASX:AKE) and Livent has been successfully concluded.

BHP's withdrawal hits Havilah Resources

20 Dec 2023 - Australian mining giant BHP (ASX:BHP) has decided to pull out of a deal with Havilah Resources (ASX:HAV), dealing a significant blow to the development of the Kalkaro…

Orica ends 2023 with a bang: Acquires Canadian company for over half a billion dollars

20 Dec 2023 - Explosives manufacturer Orica concluded its 2023 on a high note with the acquisition of a Canadian company for more than half a billion dollars.

ECB joins Fed in preparing for 2024 rate cut amid falling inflation

20 Dec 2023 - The European Central Bank (ECB) has joined the US Federal Reserve in preparing for a rate cut in 2024, as euro area inflation slumped to just 2.4% in November, barely…

Canada confirms all new vehicles sold in 2035 must be electric

20 Dec 2023 - Canada has confirmed media reports that it will move ahead with new rules that will compel all new vehicles sold in 2035 to be electric-powered.

Advancements towards Lithium Universe's lithium carbonate refinery

19 Dec 2023 - Lithium Universe (ASX:LU7) has reported advancements in the engineering study being conducted by Hatch for the company's lithium carbonate refinery.

Lake Resources - Kachi Project DFS

19 Dec 2023 - Lake Resources (ASX:LKE; OTC:LLKKF) has announced the results of its definitive feasibility study for Phase One of the Kachi lithium brine project in Argentina.

Stocks of the Hour: Lake Resources, Lithium Universe, Culpeo Minerals, Sunstone Metals

19 Dec 2023 - A snapshot of the stocks on the move, featuring Lake Resources (ASX:LKE), Lithium Universe (ASX:LU7), Culpeo Minerals (ASX:CPO) and Sunstone Metals (ASX:STM).

SQM and Hancock Prospecting team up for Azure bid

19 Dec 2023 - SQM and Gina Rinehart’s Hancock Prospecting have collaborated to launch a joint, higher bid for Azure Minerals, surpassing SQM's previous solo effort a couple of mont…

Big battery deals

19 Dec 2023 - In the past couple of days, several significant battery deals have been unveiled in New South Wales.

Nio gets $2 billion investment from Abu Dhabi government fund

19 Dec 2023 - Chinese electric vehicle (EV) manufacturer, Nio, has secured a second investment this year worth billions of dollars from the government wealth fund of Abu Dhabi, res…

Federal government's quarterly report highlights challenges in the lithium market

19 Dec 2023 - Further confirmation that the lithium boom has been well and truly pricked with the Federal Government’s December Resource Quarterly revealing another downgrading in …

Nippon Steel to acquire US Steel for $14.9 billion cash in cross-pacific deal

19 Dec 2023 - US Steel, America's iconic steelmaker, is set to be acquired by the Japanese giant, Nippon Steel, for $14.9 billion in cash (more than $A22 billion) in a deal that wi…

Australian export earnings face continued slowdown

18 Dec 2023 - The forecast for a slowdown in Australia's export earnings from resources and energy looks set to continue over the next year to 18 months, but perhaps not at a pace …

Adbri faces $2.1 billion takeover bid amid Kwinana project woes

18 Dec 2023 - The huge cost overruns on its Kwinana project in WA have exposed Adelaide-based cement giant Adbri (ASX:ABC) to a mop-up offer from the controlling Barro family and C…

China's property sector continues to slide amidst government efforts

18 Dec 2023 - Buried in last week’s data drop from China’s National Bureau of Statistics was the usual monthly update from the black hole of the country’s economy: property.

Kiss and make-up: Azure Minerals and major investors near resolution

18 Dec 2023 - Azure Minerals and its four significant investors, who have spent the majority of the past month in a wary standoff, are finally making amends this week.

WA mining project faces 25% cost surge

18 Dec 2023 - Cost pressures persist in Western Australia's mining and construction sector, as one of Australia's government-funded renewable minerals processing projects experienc…

Stocks of the Hour: Tamboran Resources, Adbri, Cauldron Energy

18 Dec 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Adbri (ASX:ABC) and Cauldron Energy (ASX:CXU).

5th time lucky: MUFG's bid to acquire troubled link administration holdings

18 Dec 2023 - Japanese financial services company Mitsubishi UFJ Financial Group (MUFG) is making its fifth attempt to take over the troubled Link Administration Holdings, this tim…

Costco online shoppers snatch up over $100 million in gold

18 Dec 2023 - Online American shoppers are finding what they think are bargains at Costco, America's big-box retail discount club: gold. The retail warehousing giant says customers…

Investors brace for Fed rate cut impact as Santa's arrival nears

18 Dec 2023 - As the world eagerly anticipates Santa Claus' arrival in just one week, investors are already feeling the effects of a significant financial event: the recent rate cu…

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