Shares were falling more than 3% for Neometals critical battery materials recycler, even as the group updated shareholders that its latest PFS revealed a 40% increase in pre-tax NPV to US$323 million.
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
Sayona Mining [ASX:SYA] and Piedmont Lithium Produce First Lithium at NAL
Lithium partners Sayona Mining and Piedmont have revealed that the first lithium concentrate (70 tonnes worth) has now emerged from their shared NAL project in Quebec, Canada.
Panoramic Resources Makes Progress at Savannah North
Nickel concentrate, copper and cobalt miner Panoramic Resources has provided positive results for its Savannah North Drill below 1321 Level, making way for the next phase of production.
Sayona Mining [ASX:SYA] to Raise $54.9 Million for Lithium Projects
In order to boost its lithium exploration efforts, Sayona Mining has decided to give out 174,459,177 shares at a price of $0.315 each, equating to $54.9 million in project capital.
Core Lithium ASX:CXO Shares Bumped Higher for ‘Double’ MRE
Core Lithium’s shares skyrocketed 11% early Monday, then settled around 7% as shareholders celebrated better-than-expected MRE results at BP33.
Anson Resources [ASX:ASN] Heralds Positive Brine Flow for Green River
Lithium-age contender Anson Resources has risen by 2.5% in share price earlier on Monday. The miner provided an update on brine flow at its Green River Project, with pleasing findings similar to Paradox.