The share price of Mineral Resources Limited [ASX:MIN] has increased by 5.17% at time of writing, trading at $16.06 in today’s market. The Australian based company specialises in commodities production and mining services, contracting and processing.
Shares of Lithium Power International Limited [ASX:LPI] are trading at 29.5 cents. That’s a 1.69% increase, today. LPI are a business interested in the acquisition and advancement of promising lithium projects. Although the share price of LPI increased by 1.69% today, it hasn’t been so positive recently.
Shares of Tungsten Mining NL [ASX:TGN] climbed over 10.59% in the first half of trading today. Shares are trading at $0.47 at the time of writing, a substantial rise for the day. The company is focused on the discovery and development of tungsten deposits in Australia.
Currently Pilbara Minerals Limited’s [ASX:PLS] share price is up 4.04% for the day, at $0.045 at the time of writing. The emerging lithium and tantalum producer is located in Port Hedland, in the Pilbara region of Western Australia. The supply of lithium is highly sought after, and demand is really only expected to grow.
If you own stock in Syrah Resources Limited [ASX:SYR], 2018 has not been kind to you. The resource and technology company’s stock has been slashed by nearly 50%. The price peaked at $4.830 on Friday, 5 January — today, it stands at 2.775. That’s after a 2.29% decline today…
The metal and mining industry has experienced a revival in a time of renewed global growth. But is their time in the sun finally coming to an end?
BHP Billiton Ltd’s [ASX:BHP] share price has dropped by 2.71% in morning trading, amid a dip in energy commodity prices and concerns over an escalating tariffs battle between the US and China.
Trading simply hasn’t been going well lately in regards to minerals and resources across the American region. Australian shares have been described as underweight by the US banks. And large companies such as BHP Billiton are suffering due to a lack of interest across international fronts.
The US dollar rally has barely paused for breath since getting underway in February. Late last week, it took its toll on commodities. Oil fell nearly 3%. Iron ore fell 3.7%, while aluminium declined 0.7%. What will happen next?
South32 [ASX:S32] managed to deliver a production record of aluminium, silver and coal.The increased mineral production has contributed to South 32’s increase of its net cash to $1.9 billion during March.