3 Lithium Stocks Worth Buying on the Dip: July 2024
With accelerating demand for all things green, lithium prices may be bottoming out, creating opportunities for oversold lithium stocks. According to Pilbara Minerals (OTCMKTS:PILBF) CEO Dale Henderson, “doomsday headlines don’t reconcile with the broadly strong growth market,” as quoted by Mining.com. “Lithium demand from energy storage systems, such as those that back up solar arrays, […]
Graphic: China’s Stimulus Fuels Gold Surge and Silver’s Winning Streak, but Risks Persist
China’s central bank unveiled its biggest stimulus this week since the Covid-19 pandemic and is expected cut its seven-day reverse repo rate. The US Federal Reserve lowered interest rates with a half-percentage-point reduction last week. “China stimulus is giving industrial metals a boost, something silver traders had been waiting for,” Ole Hansen, head of commodity […]
What Powell’s Recalibration Means for Commodities: Pros and Cons
What Powells Recalibration will and wont do for commodities Good morning Investors! Fed Chairman Jerome Powell and his merry band somewhat surprised markets following their most recent policy-setting meeting on September 18, cutting the official short-term (federal funds) rate by 50 basis points rather than 25. Some took this as a sign that the U.S. […]
LOHUM, ReElement, and American Metals Collaborate to Establish Integrated Li-Ion Battery Materials Processing Facility with Over $30M Investment
American Resources Corporation (NASDAQ: AREC) is making headlines with a transformative partnership aimed at shaping the future of battery recycling in the United States. In an ambitious collaboration, India’s LOHUM Cleantech has signed a Memorandum of Understanding (MOU) with ReElement Technologies and American Metals to establish the nation’s first fully integrated facility dedicated to battery […]
Is Rio Tinto Group (RIO) the Top EV Battery Stock Recommended by Analysts?
Investment in Artificial Intelligence: The Opportunity You Can’t Afford to Miss As we stand on the brink of the next technological revolution, one industry is primed to redefine our future: Artificial Intelligence (AI). This rapidly evolving field is no longer a distant concept portrayed in movies; it is becoming an integral part of our everyday […]
3 Essential Mining Stocks to Include in Your 2024 Portfolio
The mining sector is one of the most dynamic yet controversial industries to be investing in. When we talk about mining stocks, there are a plethora of different commodities to explore. There is silver, gold and iron ore, of course, but beyond that there are rare earth minerals that make our daily lives convenient. Tungsten, […]
A Canadian Stock Fund Manager Monitoring Closely…
Ryan Grant, comanager of RBC Vision Canadian Equity, is a bottom-up stock-picker who focuses on individual company attributes, but he’s also keeping a sharp eye on the Canadian job market right now. Even as the Bank of Canada lowers interest rates, the economy is still feeling the impact of its big rate hikes. Recently released […]
US Futures Rise on Positive Fed Commentary and Chinese Stimulus Measures
US stocks inched up before the bell on Tuesday, poised to pick up on a winning streak as pro-rate-cut Fedspeak and China’s launch of aggressive stimulus lifted market spirits. Dow Jones Industrial Average futures (YM=F) rose roughly 0.1%, while S&P 500 futures (ES=F) edged above the flatline on the heels of a record close. The […]
American Battery Secures $150 Million for New Lithium-Ion Recycling Facility
American Battery Technology Company (ABTC), a prominent player in the sustainable battery sector, has recently secured a $150 million grant from the U.S. Department of Energy (DOE) to establish its second lithium-ion battery recycling facility. This initiative, aimed at processing approximately 100,000 tonnes of materials annually, aligns with the national goal of enhancing the supply […]
China Cuts Interest Rates: PBoC’s Stimulus Package Welcomed by Markets
The People’s Bank of China (PBoC) has unveiled a stimulus package aimed at boosting economic growth. Key measures include a cut in the 7-day repo rate, a reduction in the required reserve ratio (RRR), and support for the mortgage market and property sector. Asian and European stock markets have reacted positively to the stimulus as […]