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Arcadium Lithium’s (ASX:LTM) eyes 25% increase in lithium hydroxide production in 2024 and 2025
September 11, 2024 05:54 PM AEST| By Team Kalkine MediaHighlights,Arcadium Lithium is an ASX-listed lithium chemicals production firm,In 2QFY24, LTM’s revenue increased by 7.93% YoY to USD 254.50 million,Mirae Asset Global Investments (USA) LLC has the maximum stake in the firm with a shareholding of nea...
Elon Musk’s 'DOGE' Meme Sparks Political Speculation
September 11, 2024 02:35 PM AEST| By Team Kalkine MediaElon Musk has recently suggested the possibility of taking on a new government role if former President Donald Trump wins the U.S. presidential election in November 2024. Musk's comments, made through a meme on the social media platform X, humorously...
VRX Silica (ASX:VRX) advances key silica sand projects to tap Asian market opportunities
September 11, 2024 02:32 PM AEST| By Sonal GoyalHighlights,VRX’s five advanced silica sand projects contain 1.4 billion tonnes of high-purity sand.,Arrowsmith North has a total mineral resource of 513Mt and an ore reserve of 221Mt.,Approvals for Arrowsmith North are nearing completion, with first...
Viking Mines (ASX:VKA) Reports Major Progress in Canegrass Metallurgical Testwork
September 11, 2024 12:24 PM AEST| By Aditi SarkarHighlights,Viking Mines reported significant process in Canegrass metallurgical testwork, focusing on V,2,O,5,extraction and titanium separation.,Recent testwork has produced 15 liters of vanadium solution for high-purity V,2,O,5,flake and electrolyt...
ASX Moves Lower Amid Banking Sector Decline, Mineral Resources and Lithium Stocks Surge
September 11, 2024 12:07 PM AEST| By Team Kalkine MediaAustralian shares are experiencing a downward trend near midday, primarily due to declines in banking stocks that are overshadowing gains in mining and lithium sectors. The S&P/ASX 200 Index (ASX: XJO) is down 0.3% to 7982 points, reflecting a broade...
Chimeric's (ASX:CHM) Cancer Cell Therapy Trial Opens for Patient Enrolment at University of Pennsylvania
September 11, 2024 11:42 AM AEST| By Aditi SarkarHighlights,The University of Pennsylvania will enrol patients in the Phase 1/2 multi-centre clinical trial for the CHM CDH17 cell therapy.,This study aims to determine the optimal Phase 2 dosage of CHM CDH17 and evaluate its safety and efficacy.,In A...
ASX Slips as Lithium Stocks Rally; NextDC Slides After Capital Raise
September 11, 2024 11:38 AM AEST| By Team Kalkine MediaAustralian shares have shown a slight decline at the start of trading today, as losses in the banking sector outweigh gains in mining stocks.,The S&P/ASX 200 Index (ASX: XJO) is flat at 8010 points. This comes after a positive performance in the U.S....
Manawa Acquisition to Enhance Contact Energy’s Renewable Energy Portfolio
September 11, 2024 10:17 AM AEST| By Team Kalkine MediaContact Energy Ltd (ASX:CEN) has taken a significant step in expanding its renewable energy portfolio by entering into a court-approved Scheme Implementation Agreement (SIA) to acquire 100% of New Zealand-listed Manawa Energy Ltd. This acquisition al...
Brookside Energy Targets U.S. Listing: Expanding Beyond the ASX
September 11, 2024 10:15 AM AEST| By Team Kalkine MediaBrookside Energy Pursues U.S. Market Expansion,Brookside Energy Limited (ASX:BRK) has announced plans to list its shares in the United States, marking a significant move towards tapping liquidity in the world’s largest stock market. As the latest Aus...
ASX 200 Set for Modest Gains as Markets Eye US CPI Data, Oil Prices Hit Two-Year Low
September 11, 2024 10:01 AM AEST| By Team Kalkine MediaThe ASX 200 is poised for a slight increase, with futures trading 8 points higher (0.10%) as of 8:30 AM AEST. Investors are cautiously anticipating the release of the US Consumer Price Index (CPI) report, which is expected to offer critical insights...
Hang Seng and ASX 200 Rise Following Positive US Equity Markets
September 10, 2024 06:04 PM AEST| By Team Kalkine MediaUS equities experienced a rally, setting a positive tone for the Asian session with significant gains across major indexes.,China’s slowing trade data and soft inflation figures highlight economic challenges, raising questions about potential future...
Empire Energy Awards Drilling and Fracture Stimulation Contracts for Carpentaria Pilot Project
September 10, 2024 05:59 PM AEST| By Team Kalkine MediaEmpire Energy Group Ltd,(ASX:EEG),has secured key contracts for its Carpentaria Pilot Project in the Beetaloo Basin, Northern Territory, Australia. The company has engaged Ensign Rig 965 for drilling the Carpentaria-5H well on exploration permit (EP)...
Qualitas’ (ASX:QAL) revenue and profit climb in FY24, driven by record funds under management
September 10, 2024 05:23 PM AEST| By Team Kalkine MediaHighlights,Qualitas is an alternative real estate investment management firm,In FY24, QAL’s fund management revenue went up by 21.65% YoY to AUD 53.69 million,Schwartz (Andrew) has the highest stake in the firm with a shareholding of ~23.84%,Qualitas...
ASX Rebounds as Commonwealth Bank and Macquarie Hit Record Highs
September 10, 2024 04:35 PM AEST| By Team Kalkine MediaOn Tuesday, the Australian sharemarket made a notable recovery from last week’s declines, with the benchmark S&P/ASX 200 Index rising by 0.3%, or 23.8 points, to 8,011.9. This positive shift was driven by impressive performances in the financial and...
ASX Gains as Financials Shine; Life360 Faces Sharp Decline
September 10, 2024 04:26 PM AEST| By Team Kalkine MediaThe Australian sharemarket showed positive movement in early afternoon trading on Tuesday, recovering from last week’s downturn. The benchmark S&P/ASX 200 Index rose by 0.6%, or 43.9 points, to reach 8,032, driven higher by gains in the financial and...
ASX 200 Surges: CBA and Macquarie Break Records, Apple Unveils AI iPhone, Star Entertainment Under Scrutiny
September 10, 2024 12:38 PM AEST| By Team Kalkine MediaASX 200 Index Hits New Highs,The ASX 200 index has experienced a notable surge, climbing by 0.8% to reach 8053.10 points as of 11:30 AM AEST. This significant increase reflects robust gains in the banking sector, highlighting a strong performance acr...
The BHP Group Ltd (ASX:BHP) and Xero Ltd (ASX:XRO) Share Prices to Watch Closely
September 10, 2024 12:37 PM AEST| By Team Kalkine MediaThe BHP Group Ltd share price has experienced a significant drop of 23.3% since the beginning of 2024. Meanwhile, Xero Ltd is just 2.4% shy of its 52-week high. Understanding these movements can offer valuable insights for those considering these sha...
ASX Rebounds with Strong Gains Led by Miners and Banks
September 10, 2024 12:09 PM AEST| By Team Kalkine MediaAustralian shares showed a notable rebound at the start of trading on Tuesday, tracking a rally from Wall Street and recovering from last week’s sell-off. The benchmark S&P/ASX 200 Index climbed 0.6% or 44.4 points to reach 8,032.5, driven primarily...
ASX 200 Set to Recover Amid Wall St Rebound from 2024's Toughest Week
September 10, 2024 09:51 AM AEST| By Team Kalkine MediaAs of 8:30 am AEST, ASX 200 futures were up 78 points, a 0.97% increase, indicating a potential market recovery. This rise follows significant rebounds in major US benchmarks, recovering from the worst week of 2024. Market uncertainty lingers over th...
Possible Shiba Inu Value if Bitcoin Market Cap Reaches Projected Levels
September 09, 2024 11:35 PM AEST| By Team Kalkine MediaShiba Inu might set a new all-time high if Bitcoin reaches a market cap of $61 trillion, according to projections by VanEck.,Recent turbulence in the financial markets has impacted Bitcoin, the leading,cryptocurrency,by market cap. Over the past 24 h...
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