Latest Market Dynamics News

Tower Limited has appointed CFO Paul Johnston as interim CEO following Blair Turnbull's resignation, with Deputy CFO Angus Shelton stepping in as interim CFO pending regulatory approval.

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.

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.

FleetPartners Group Limited reported a robust 13% increase in adjusted EPS for FY24, propelled by targeted market growth, operational transformation, and a disciplined share buy-back program. The company remains optimistic about sustaining momentum despite a modest dip in new business writings in early FY25.

FleetPartners Group Limited reported a strong FY24 with record new business writings and a significant capital return, underscoring its disciplined growth and ESG commitments.

Mandrake Resources has announced a significant maiden Inferred Resource of 3.3 million tonnes of Lithium Carbonate Equivalent at its Utah Lithium Project, alongside securing a US$1 million grant from the US Department of Energy to support further exploration and development.

Carnavale Resources has expanded its Kookynie Gold Project with the discovery of the Tiptoe lode and significant depth extensions at Swiftsure, enhancing resource potential amid rising gold prices.

Accelerate Resources Ltd has launched a new gold-focused strategy with the acquisition of a 70% interest in the Kanowna East Gold Project, located near major gold mines in Western Australia. The move positions the company to leverage significant historical gold intercepts and nearby processing infrastructure.

Vulcan Energy has successfully closed its Share Purchase Plan, raising approximately A$8 million through the issuance of over 1.3 million new shares, following a major institutional placement. This capital injection supports the company’s pioneering lithium and renewable energy projects in Europe.

Contact Energy's December 2024 report reveals a nuanced performance with slightly lower mass market sales but stronger netback prices and significantly reduced generation costs, underscoring operational efficiencies amid evolving market dynamics.

Contact Energy’s December 2024 report reveals a nuanced operational landscape with slightly lower mass market sales but improved netback prices and significantly reduced generation costs, underscoring efficiency gains amid evolving market dynamics.

Betashares Mrtn Currie Eqy Inc Fund (EINC) units have been suspended from trading on the ASX as of 22 January 2025, following a prior announcement in December 2024.