After a modest lift in the morning, the Aussie stock market ended lower on Monday. The broad All Ords index closed 0.70% lower to start the week. Some big names also registered new 52-week lows. Like Telstra, Lottery Corp, Treasury Wine Estates, IGO, Allkem, Tabcorp, Sayona Mning, Core Lithium, and Pepper Money. Clearly, lithium miners are out of […]
Search Results for: lithium
Lithium prices are down, so why panic?
Lithium prices are falling. Just because demand for electric vehicles is surging doesn’t mean lithium prices will always rise.(EvercoreISI chart) pic.twitter.com/YlLP4zV5xk — Shane Oliver (@ShaneOliverAMP) November 21, 2023 And interpretations are rolling. The Wall Street Journal fears falling lithium prices are bad for EV uptake. Economists aren’t so sure. An absolutely bonkers example of the bad-news bias […]
ASX News LIVE | US CPI Stokes Rally, Tech and Lithium Stocks Soar
Softer US CPI stokes rally. US and Aussie stocks surge as market bets inflation battle nearly won. But is it?
Wildcat [ASX:WC8] Results Hint at New Lithium Giant
Wildcat’s share price is back on the move today following the release of further promising lithium results from its Tabba Tabba Project. The company has seen an incredible 3000+% share price increase this year, so what’s next?
ASX Lithium Stocks: Trash or Treasure?
Just because an input is needed, doesn’t automatically mean it’s in short supply.
IGO signals bumpy road with volatile lithium prices
IGO Ltd [ASX:IGO] released its quarterly report this morning, showing the lithium miner’s underlying profits were down -42% to $362m compared to the previous quarter’s $620m, after lower spodumene pricing and deferred shipments weighed on sales revenues. Despite the falling profits, the company said it reached record production of 414kt for the quarter from its […]