Basic materials

Jubilee Initiates Operations at Roan Upgrade Facility
August 08, 2024 05:15 PM AEST| By Team Kalkine MediaJubilee Metals Group PLC (LSE: JLP), a diversified metals producer operating in South Africa and Zambia, has announced the start of operations at the Roan Upgrade project in Zambia. The newly constructed front-end section of the Roan facility has now...

Glencore Reverses Coal Demerger Decision, Focuses on Transition Metals
August 08, 2024 05:12 PM AEST| By Team Kalkine MediaGlencore PLC (LSE: GLEN) has decided not to proceed with its plan to spin off its coal business, reversing an earlier strategy that was aimed at addressing environmental, social, and governance (ESG) concerns. This decision follows discussions with s...

Forterra PLC Announces Reduction in Dividend Payment
August 06, 2024 11:04 PM AEST| By Team Kalkine MediaForterra PLC has revealed a substantial cut in its dividend payment, reducing it to £0.01 per share. This change represents a significant departure from the company's previous dividend payouts and highlights adjustments in its financial strategy amid...

Breaking: Glencore to Pay $150 Million Fine After Investigation
August 06, 2024 10:10 PM AEST| By Team Kalkine MediaGlencore PLC a Prominent Player of,Mining Sector,listed in FTSE 100 has been ordered by the Attorney General of Switzerland to pay $150 million in compensation claims, along with a two million Swiss franc (£1.8 million) fine. This order follows a cri...

Record Earnings for Zotefoams as Footwear Demand Drives Revenue
August 06, 2024 08:33 PM AEST| By Team Kalkine MediaOn August 6, 2024, Zotefoams PLC (LSE: ZTF) announced a notable increase in pretax profit for the first half of the fiscal year. The company achieved a 12% rise in pretax profit, reaching a record £8.3 million, compared to £7.4 million during the sam...

Victrex plc Reports High P/E Ratio Amidst Earnings Decline
August 05, 2024 09:05 PM AEST| By Team Kalkine MediaVictrex plc, an,Basic Material stock,, is currently reporting a price-to-earnings (P/E) ratio of 29.8x. This is significantly above the average P/E ratios within the UK market, where many companies have ratios below 16x. The elevated P/E ratio sugges...

Mondi plc: Debt Levels Under Scrutiny in Financial Analysis
August 05, 2024 09:04 PM AEST| By Team Kalkine MediaMondi plc, an,Basic Material stock,in the packaging and paper sector, is facing scrutiny concerning its debt levels. The company's financial health and associated risks are being closely examined, given its substantial debt burden.,As of June 2024, M...

Vesuvius plc Announces Dividend Despite Mixed Stability Signals
August 05, 2024 07:12 PM AEST| By Team Kalkine MediaVesuvius plc, a company in the,basic materials sector,, has announced a dividend payment of £0.071 per share, scheduled for September 13. This dividend represents a yield of 5.5%, which is notably above the average yield within its industry.,The sust...
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