Short sellers bet against green minerals boom as battery commodity prices plunge
Half of the 10 most shorted stocks on the ASX are involved in battery minerals or electrification as investors become increasingly bearish on the sector.
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Half of the 10 most shorted stocks on the ASX are involved in battery minerals or electrification as investors become increasingly bearish on the sector.
UBS analyst Levi Spry maintained a Buy rating on Lynas Rare Earths Limited (LYSCF – Research Report) today and set a price target of A$9.2...
The price of lithium, Australia’s sixth most valuable mining export, has fallen 63 per cent since the beginning of the year.
But Bell Rock, the London hedge fund agitating against the company, is demanding the proposed purchase of the BHP operations be put to a shareholder vote.
The company said it was “participating in the sale process” for the coking coal operations after a major investor accused it of keeping the market in the dark.