Stocks
Fortescue Achieves Record 97.1 million tonnes Iron Shipments in Half-year
January 23, 2025 12:09 PM AEDT| By Team Kalkine MediaHighlights:,Record-Breaking Shipments:,97.1 million tonnes shipped in H1 FY25, with 49.4 million tonnes delivered in Q2 FY25.,Cost Reductions:,Hematite C1 costs decreased by 10% to US$18.24 per wet metric tonne compared to Q1 FY25.,Revenue Performanc...
Streamlining Portfolios: Firetail Resources Divests Lithium Rights to Spartan Resources
January 23, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,Firetail Resources (,ASX:FTL,),finalizes,a lithium rights sale to Spartan Resources (,ASX:SPR,).,The transaction includes $275,000 in cash, strengthening Firetail’s funding position.,Focus shifts to advancing the Skyline Copper Project in...
Fortescue Sets Record Highs for Iron Ore Shipments While Lowering Costs
January 23, 2025 11:29 AM AEDT| By Team Kalkine MediaHighlights,Fortescue's iron ore shipments hit record highs in the first half.,Operational costs were reduced significantly in Q2.,The company advances toward its zero-emission mining goal by 2030.,Mining leader Fortescue Metals Group (ASX:FMG) delive...
Oil Market Trends: US Crude Stockpiles and Trade Developments in Focus
January 23, 2025 11:21 AM AEDT| By Team Kalkine MediaHighlights,US crude stockpiles,increase,for the first time since mid-November.,Market responds to global trade signals and geopolitical factors.,Crude oil prices dip as inventories and fuel stockpiles surge.,The oil market witnessed another dip as re...
Coronado's Coal Expansion Gains Momentum as Mammoth Mine Gears Up
January 23, 2025 11:20 AM AEDT| By Team Kalkine MediaHighlights,Coronado Global Resources sees growth in coal production and sales.,Mammoth Underground Mine,set,to boost production starting in 2025.,Strategic focus on cost reduction and operational efficiency.,Coronado Global Resources (ASX:CRN) report...
Tamboran Resources and Santos Collaborate on Darwin LNG Expansion
January 23, 2025 11:18 AM AEDT| By Team Kalkine MediaHighlights,Tamboran,Resources partners with Santos to explore Darwin LNG expansion.,Agreement,focuses on supplying natural gas to,Middle,Arm facility.,Santos holds a 43.4% stake in the current project.,Tamboran Resources (ASX:TBN) shares experienced...
Altech's CERENERGY Battery Project Earns "Dark Green" Certification, Enhancing Its Environmental Standing
January 23, 2025 11:00 AM AEDT| By Team Kalkine MediaAltech Batteries Achieves Highest Green Rating with CERENERGY Technology
Health Check: Once a minor player, Nanosonics now dominates the field.
January 23, 2025 11:00 AM AEDT| By Team Kalkine MediaNanosonics Signals Strong Financial Growth Amid Biotech Developments
Botanix Pharmaceuticals Reaches a Significant Milestone with Long Shortz
January 23, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Botanix Pharmaceuticals (BOT) secures a position in the ASX 300, reinforcing its growth trajectory.,The company remains dedicated to advancing dermatological treatments through ongoing research.,Development efforts focus on addressing pri...
Spartan Initiates Significant Expansion Drilling at Premier Dalgaranga Gold Project
January 23, 2025 11:00 AM AEDT| By Team Kalkine MediaSpartan Resources' Ambitious Drilling Expansion at Dalgaranga Project
Critical Metals Corp (Nasdaq:CRML) Secures Bitcoin Financing to Boost Supply Chain
January 22, 2025 05:55 PM AEDT| By Team Kalkine MediaHighlights,Critical Metals Corp (Nasdaq:CRML) embraces innovative bitcoin strategy with up to $500 million BTC financing.,One of the first critical minerals companies on Nasdaq to adopt a bitcoin-backed treasury.,European Lithium Ltd (ASX:EUR) positi...
SunCable Appoints New CEO to Lead Green Energy Ambitions
January 22, 2025 05:44 PM AEDT| By Team Kalkine MediaHighlights,SunCable appoints Ryan Willemsen-Bell as new CEO.,Australia-Asia PowerLink project set to transform regional energy supply.,Federal and Singaporean approvals boost momentum for solar mega-project.,In a significant move for its renewable en...
Tech Stocks Drive ASX Rally Amid Wall Street Momentum
January 22, 2025 04:45 PM AEDT| By Team Kalkine MediaHighlights,ASX tech sector surges nearly 2%, outperforming other sectors.,Key contributors include (ASX:360), (ASX:NXT), and (ASX:WTC).,Gains fueled by strong performances from US tech giants.,The Australian technology sector made significant gains,...
RBNZ Signals Further Rate Cuts Amid Cooling Inflation
January 22, 2025 04:41 PM AEDT| By Team Kalkine MediaHighlights,RBNZ slashes interest rates to curb economic slowdown.,Inflation stabilizes at 2.2% in the December quarter.,Economists predict further reductions in February.,The Reserve Bank of New Zealand (RBNZ) has signaled additional interest rate cu...
Tech Stocks Propel ASX Higher Despite Mining Weakness
January 22, 2025 04:33 PM AEDT| By Team Kalkine MediaHighlights,Tech sector fuels ASX rally with standout gains.,Mining stocks decline on tariff concerns.,Uranium miners soar on U.S. policy shifts.,The Australian stock market gained ground on Wednesday, supported by a robust performance from the techno...
SunCable's Ambitious Solar Vision Gains Momentum with New Leadership
January 22, 2025 04:29 PM AEDT| By Team Kalkine MediaHighlights,SunCable appoints ex-Origin Energy executive as its new CEO.,The new CEO brings rich experience from Origin Energy and Qantas.,Strategic focus on cross-country collaboration and subsea cable mapping.,SunCable, the visionary solar energy ex...
Top-Performing Australian Tech Stocks to Watch Amid Market Resilience
January 22, 2025 04:15 PM AEDT| By Team Kalkine MediaHighlights,Australian IT sector outpaces ASX200 with 1.4% growth.,High-growth stocks Data#3 (ASX:DTL), Iress (ASX:IRE), and SEEK (ASX:SEK) shine.,Robust strategies and R&D investments drive their competitive edge.,Australia’s ASX200 index showed comm...
Why Investors Are Paying a Premium for MA Financial Group (ASX:MAF)
January 22, 2025 04:10 PM AEDT| By Team Kalkine MediaHighlights,MA Financial Group’s P/E ratio stands significantly above the market average.,The company’s recent earnings have declined, raising concerns about growth trends.,Analysts predict strong future growth, justifying the premium valuation.,MA Fi...
Aussie Dollar Faces Persistent Bearish Sentiment Despite Position Adjustments
January 22, 2025 04:05 PM AEDT| By Team Kalkine MediaHighlights,Hedge funds extended short positions in the Australian dollar.,Real money accounts trimmed their bearish stance modestly.,$A net short positions represent a face value of $7.7 billion.,The Australian dollar remains under pressure, as evide...
ASX Gold Stocks Shine as Prices Surge to Three-Month High
January 22, 2025 04:01 PM AEDT| By Team Kalkine MediaHighlights,Gold prices climbed to a three-month high of $2751.51 an ounce.,ASX gold miners saw notable gains, with Evolution Mining (ASX:EVN) rising 3.9%.,Safe-haven demand surged amid renewed global trade uncertainties.,Gold prices surged to a three...
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