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New critical minerals portal shows Australia ready for investment

Date Time
New critical minerals portal shows Australia ready for investment
Australia’s position as a global critical mineral supplier will be further enhanced through a new dataset developed in partnership with the United States and Canada.
The Critical Minerals Mapping Initiative online portal, released today, contains the world’s largest dataset of critical minerals in and around ore deposits – more than 7000 mineral samples from over 60 countries.
It shows the occurrence of critical minerals such as cobalt, lithium and rare Earth elements predominantly across Australia, the United States and Canada, and can help identify new critical mineral provinces.
Minister for Resources, Water and Northern Australia Keith Pitt said this dataset could open new global supply chain opportunities for Australia. ....

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FTSE 100 little moved as US markets open broadly lower

FTSE 100 closes in the green but FTSE 250 loses ground as market searches new narrative
The UK s top share index finished up over 35 points, or 0.52%, at 6,895
FTSE closes up 35 points
Just Eat hit by competition plans in Germany
US stocks in the green
5pm: FTSE closes ahead
FTSE 100 closed in positive territory midweek as stock markets rebounded after Tuesday s falls.
The UK s top share index finished up over 35 points, or 0.52%, at 6,895, with pharma groups and tobacco giants making up some of the top risers.
The more domestically focused FTSE 250 went the other direction though, losing nearly 23 points, or 0.,10%, at 22,085.
Cheif market analyst at online trading group IG Chris Beauchamp noted that the market still seems in search of a new narrative and added that earnings season provides the potential for some more downside as companies find themselves struggling to spin a positive case to justify further appreciation in their stock pric ....

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FTSE 100 set to open slightly higher as UK inflation rises to 0.7% in March

FTSE 100 continues to gain ground as oil companies provide support
Companies
FTSE 100 continues to gain ground as oil companies provide support
The UK blue chip index heads higher as inflation figures come in marginally lower than expected
Petrol price rises added to inflation
9.40am: BP and Shell head higher
OIl companies are giving some support to a UK market which looks in a bit better shape than on Tuesday.
The FTSE 100 is currently up 38.87 points or 0.57% at 6898.74.
The moves come despite a 0.32% slip in Brent crude to $66.36 a barrel, but on the whole the oil price is holding up despite renewed worries about a rise in the number of COVID-19 cases worldwide hitting travel and the prospects of economic recovery. Concerns about supply disruption from Libya is also in investors minds. ....

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FTSE 100 remains positive while Wall Street set for mixed start after Netflix disappointment

The UK blue chip index gains ground as US markets spark into life and airlines recover ....

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S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week

S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week
Companies
S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week
Netflix shares slumped more than 10% in after-hours trading after adding just under 4 million subscribers in the first quarter missing the company’s forecast of 6 million.
Iron ore prices rose by US$6.55 or 3.6% to a 10-year high of US$187.75 a tonne.
S&P/ASX 200 (INDEXASX:XJO) dived 1.37% to 6,921.5 points by 1 pm on its worst session since late February as new COVID-19 cases worldwide increased for the eighth straight week, with a record 5.2 million infections reported in the past seven days and an alarming growth rate in young people, according to the World Health Organization (WHO). ....

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