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Like most carbon steel manufacturers, I believe there's a good chance that POSCO's ( PKX ) EBITDA/tonne will bottom in the near future, quite possibly in the third or fourth quarter of 2019, but I also see relatively limited prospects for a sharp near-term turnaround. While key inputs like coa...
Welcome to the September 2019 edition of the lithium miner news. This past month saw lower lithium prices and several announcements by the lithium miners to reduce lithium supply and address the current lithium oversupply problem. Lithium spot and contract price news During July, 99% lit...
Galaxy Resources Ltd (GALXF) Q2 2019 Earnings Conference Call Aug 29, 2019 7:00 PM ET Company Participants Simon Hay - Chief Executive Officer Alan Rule - Chief Financial Officer Conference Call Participants Reg Spencer - Canaccord Genuity Limited Nick Herbert - Crédit...
The following slide deck was published by Galaxy Resources Limited in conjunction with their 2019 Q2 earnings Read more ...
Galaxy Resources ( OTCPK:GALXF ) posted 1H net loss of $172M compared with a profit of $11.5M last year, primarily due to a non-cash impairment charge at its flagship Mt Cattlin mine. More news on: Galaxy Resources Limited, Earnings news and commentary, Commodities news, Read mo...
Galaxy Resources ( OTCPK:GALXF ): 1H GAAP EPS of -$0.437. More news on: Galaxy Resources Limited, Earnings news and commentary, Consumer stocks news, Read more ...
Welcome to the August 2019 edition of the lithium miner news. This past month saw lithium prices continue to fall due to lithium oversupply, not helped by a slowdown in Chinese electric car sales in July (after the subsidy removal). In response, Albemarle (ALB) announced it will delay its expa...
Galaxy Resources ( GALXF ) has seen its share price crushed over the last few years, coinciding with the devastating bear market in lithium that has sent prices falling, across the board. Shares of GALXF are down a staggering -49.67% since the start of 2019. Meanwhile, lithium prices still...
The lithium bear market marches on and things might be set to get worse. Alita Resources (formerly known as Alliance Mineral Assets) entered into a trading halt this week , and there are growing concerns that the operator of the Bald Hill Mine (which produces spodumene concentrate), located i...
Welcome to the July 2019 edition of the lithium miner news. This past month saw lithium prices drift lower, and a busy month of lithium market and company news (Altura Mining had three big news items). A key recent trend has been more Li-ion megafactories (now at 91) planned, and a move for mo...
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Sydney, Australia (ABN Newswire) - After a ten-year break, Iggy Tan, a pioneer in the modern Lithium industry, has returned to the scene as the incoming Chairman of Lithium Galaxy Limited (LGX), a company that, subject to shareholder approval, will own the promising Apollo Lithium Project in Jame...