Lithium supply chain dreams short-circuited
[ad_1] Kent Masters, CEO of Albermarle, the world’s largest lithium producer, says it is not economically viable under current market conditions to pivot critical North American and European mineral supply chains away from China. expressed concern. “We were trying to…
Warner Discovery bounces back with new NBA settlement
[ad_1] Warner Bros. Discovery has reached a settlement with the NBA, resolving a legal dispute over television rights and securing an 11-year deal that reduces domestic broadcast rights but maintains its presence in professional basketball. The new deal allows Warner…
230,000 new investors join crypto boom
[ad_1] Following Donald Trump’s victory in the November 5 presidential election, a combination of political and economic factors caused Bitcoin to soar above $90,000. The cryptocurrency reached an all-time high of $93,300 on November 13th. At the time of writing,…
FleetPartners accelerates despite profit growth
[ad_1] Fleet Partners Group (ASX:FPR) reported strong growth for the fiscal year ending September 30, 2024. The company is a prominent fleet management and vehicle leasing company with operations in Australia and New Zealand, serving both corporate and small fleet…
Older people bet on diversification to survive tough times
[ad_1] elders (ASX:ELD) announced its financial results for the year ended September 30, 2024. The company reported a difficult year, particularly in the first quarter, marked by volatile market conditions and weak customer sentiment. The company is a leading agribusiness…
Clinuvel narrows its focus to prioritize key programs
[ad_1] Melbourne-based Krinubel Pharmaceuticals (ASX:CUV) announced a strategic shift to focus on three core clinical programs while suspending other programs. The decision is aimed at accelerating the company’s regulatory and commercial milestones. Clinuvel is an Australian biopharmaceutical specialized in the…
Big profits in the cloud: TechnologyOne’s profits soar
[ad_1] technology one (ASX:TNE) reported pre-tax income of $152.9 million for the year ending September 30, 2024, an 18% increase from the prior year. The results exceeded previous expectations for 12-16% growth, and the company’s profits, revenue, and SaaS fees…
Solid alliance: Sayona and Piedmont join forces
[ad_1] Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) announced an all-stock merger to create North America’s largest hard rock lithium producer. The transaction will see the two companies combine their resources and create a new entity, MergeCo, with a 50/50…
Meteoric Resources appoints Stuart Gale as MD and CEO
[ad_1] meteorite resources (ASX:MEI)The Perth-based exploration company focused on developing rare earth materials has announced the appointment of Stuart Gale as its new Managing Director and Chief Executive Officer with immediate effect. Gale, who joins the company in April 2024,…
ALS testing had a positive impact on growth in life sciences
[ad_1] ALS (ASX:ALQ) reported underlying revenue of $1.46 billion for the six months ended September 30, 2024, an increase of 14% year-on-year. Growth was driven by strong performance in Life Sciences, where sales increased by 25.6%, offsetting weakness in Commodities….