Anson's share price has been unaffected by its positive performance at its Paradox Lithium Project in Utah this morning. Shares are trading at 90 cents, down by 3.23% at the time of writing.
The price of uranium has reached its highest level in over two-and-a-half years, as market demand increases for big producers, and China commits to building new plants in a bid for cleaner alternative energy...
Syrah Resources Limited’s [ASX:SYR] share price has rocketed up this morning by 7.02%, currently selling at $1.92.
Ausdrill Limited [ASX:ASL] shares are down 8.6% today, trading at $1.56 apiece. But this doesn’t necessarily mean bad news.
Chinese demand for uranium is set to explode. Current demand stands 64,000 tonnes globally, and China’s demand is set to rise to 88,000–100,000 tonnes by 2025.
Demand for cobalt is increasing at a rapid rate, rising 13.5% each year from 2010–2017. And this number is only expected to keep growing. There’s been a lot of developments made on all fronts of the Cobalt sector this year and this could be very important for investors.
Anson Resources Ltd [ASX:ASN] has had a big gain over the past trading session, shooting up 31.6% in a single day. This is a result of a successful technology experiment that demonstrates their ability to produce battery grade lithium.
At Monday’s close, uranium prices were trading slightly lower at $27.45, a decline of 0.18%. After news that the US Supreme Court had effectively banned mining of near the Grand Canyon.
At time of writing, BHP Billiton Limited [ASX:BHP] is trading at $32.86, which marks a 1.42% increase from yesterday’s figures.
Santos shares rose 2.6% yesterday, following a sharp spike in oil prices. The comanpy has had a promising year in general. Earlier this year, they issued a new and attractive dividend policy designed to pay out in these intermittent oil price booms.