On Monday, Syrah Resources [ASX:SYR] was forced to temporarily suspend operations at its Mozambique graphite site over ‘security concerns’ in the Namuno district, 50 km away from its Balama operation.
Vulcan Energy [ASX:VUL] Develops ‘In-House Lithium Extraction Technology’
Lithium developer Vulcan Energy [ASX:VUL] said it has developed an in-house lithium extraction technology to be used on the Upper Rhine Valley brine it has dubbed VULSORB.
SECOS [ASX:SES] Spikes on MyEcoBag Coles Order
Green packaging manufacturer Secos Group [ASX:SES] rose as much as 20% on Friday after Coles selected to launch SECOS’s compostable packaging product MyEcoBag across 770 retail stores.
Ramsay Health Care: Trading Improves as COVID Cases Decline
Private hospital and healthcare company, Ramsay Health Care [ASX:RHC], saw trading conditions improve in 1Q23, ‘reflecting the decline in COVID cases in the community.’
Xero [ASX:XRO] 1H23: CEO Retires, Net Loss Widens
Xero [ASX:XRO] fell sharply on Thursday after the release of its 1H FY23 results. While operating revenue rose 30% to NZ$658.5 million, net loss after tax widened 172% to NZ$16.1 million.
Origin Energy [ASX:ORG] Spikes on $18.4 Billion Bid
Origin Energy [ASX:ORG] received a revised takeover offer from Brookfield valuing Origin at $18.4 billion on an enterprise value basis.
REA Group [ASX:REA] 1Q23: Operating Expenses Outpace Revenue
Property and residential listings service REA Group [ASX:REA] fell on Wednesday as operating expenses growth outpaced revenue growth in 1Q23.
Pushpay 1H23: Revenue Up 10% But Net Profit Falls 54%
Fintech Pushpay Holdings [ASX:PPH] saw 1H23 revenue rise by 10% to $103 million — but net profit slid 54% to $8.8 million.
Whitehaven Coal [ASX:WHC] Falls on Lowered Production Guidance
Flooding has hampered production at Whitehaven Coal [ASX:WHC] open-cut mines, forcing the coal producer to lower its FY23 guidance.
James Hardie [ASX:JHX] Shares Sink on FY23 Guidance Downgrade
Building products company James Hardie Industries [ASX:JHX] has downgraded its FY23 guidance and scrapped its dividend in a half-year trading update.
