Latest Market Conditions News

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IGO Limited has ceased all work on Lithium Hydroxide Plant 2 at its Kwinana Refinery, anticipating a substantial impairment loss in its upcoming half-year financial results.
Maxwell Dee
Maxwell Dee
24 Jan 2025
Genesis Energy's FY25 Q2 report highlights a strategic pivot towards renewable energy and enhanced portfolio flexibility, marked by the Lauriston solar farm's early generation and a sharp cut in carbon emissions, even as total generation declined.
Maxwell Dee
Maxwell Dee
24 Jan 2025
SportsHero Limited has arranged a $1 million unsecured loan facility to support its working capital needs, with flexible monthly drawdowns and a fixed 10% interest rate. The company has already drawn $100,000 from this facility, signaling ongoing liquidity management efforts.
Claire Turing
Claire Turing
23 Jan 2025
Godolphin Resources reports significant drilling success at Lewis Ponds with thick massive sulphide intersections and advances its Narraburra Rare Earths project with high-value carbonate samples, supported by a strong capital raise.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Regional Express Holdings has assigned a $50 million portion of its debt to the Commonwealth of Australia, making the government the largest secured creditor as the airline navigates voluntary administration.
Victor Sage
Victor Sage
23 Jan 2025
KKR Credit Income Fund has announced an estimated monthly distribution of AUD 0.0167 per ordinary unit, primarily as a return of capital, with payment scheduled for mid-February.
Claire Turing
Claire Turing
23 Jan 2025
Fortescue Metals Group has delivered its highest ever half-year iron ore shipments of 97.1 million tonnes, alongside a notable 10% reduction in hematite production costs, underscoring operational strength and advancing decarbonisation efforts.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Core Lithium Ltd reports solid progress on its Finniss Lithium Project, highlighting robust drilling results, a healthy balance sheet, and steady advancement of its restart study targeting a June 2025 completion.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Core Lithium reports steady progress on its Finniss lithium project restart study, backed by a solid $50 million cash position and promising lithium and gold drilling results.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Praemium has reported a record 29% increase in total Australian funds under administration (FUA) to $62.1 billion in Q2 FY2025, driven by strong net inflows and the successful launch of its next-generation IDPS, Spectrum.
Claire Turing
Claire Turing
23 Jan 2025
Alcoa Corporation reported robust fourth quarter and full year 2024 results, driven by higher alumina and aluminum prices, operational gains, and key strategic initiatives including the Alumina Limited acquisition.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Ampol Limited reports a resilient 4Q 2024 trading update with a Lytton Refiner Margin of US$4.60 per barrel and an expected unaudited Group RCOP EBIT of approximately $715 million for the full year, despite operational headwinds.
Maxwell Dee
Maxwell Dee
23 Jan 2025