china stocks, China small caps, comment, analysis, financial news, news, mining news, oil and gas news on small cap companies on the Hong Kong, Shenzhen, Shanghai, Australian Stock Exchange, Toronto Stock Exchange, NYSE, NASDAQ and London Stock Exchange and AIM markets in China, Australia, Canada and the UK.
Element 25 secures access agreement for manganese exports from Utah Point Port
First shipment from the company’s Butcherbird Manganese Project material to offtake partners is expected in June 2021. Utah Point bulk loading facility in Port Hedland, Western Australia. (Photo: Pilbara Ports Authority).
Element 25 Ltd (ASX:E25) has executed a multi-user access agreement with Pilbara Port Authority to use Port Hedland Utah Point facility for the bulk export of manganese from the company’s 100%-owned production facility at the Butcherbird Project.
Terms of the agreement are commercial in confidence but in line with Pilbara Port Authority’s normal operating terms and satisfy the company’s capacity requirement for the first stage of operations up to 390,000 tonnes per annum.
S&P/ASX 200 lifts 0.65% as consumer confidence rises to 19-month high
Companies
S&P/ASX 200 lifts 0.65% as consumer confidence rises to 19-month high
Brent crude oil futures for July gained 2.9% to US$68.40 a barrel after a new deal to lift sanctions against Iran became less likely than it was last week. Mizuho’s Bob Yawger said, “The Iranians and western powers cannot get the details worked out that will get this deal signed and delivered.”
S&P/ASX 200 (INDEXASX:XJO) has lifted 0.65% to 7091.7 points by about 1 pm following a strong lead from Wall Street.
The mood is upbeat as the weekly ANZ-Roy Morgan consumer confidence rating rose by 1.5% to a 19-month high of 114.2 (long-run average since 1990 is 112.6).