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Asian Open: Risk Appetite Rises on Falling Jobless Claims


-3.25%   -  Elders Ltd  (ELD.AX) 
Forex: USD thrown overboard again
The dollar was thrown overboard again with the revival of a risk-on appetite, sending the US dollar index
(DXY) back near this week’s lows. A break beneath 89.68 assumes bearish trend continuation and marks 90.29 as a new lower high.
EUR/USD rallied back above 1.2220 but failed to retest it highs. Whilst momentum is pointing higher, we are monitoring its potential to form a bearish wedge reversal pattern. Early days though.
The Canadian dollar was stronger on comments from BOC (Bank of Canada) Governor Tiff Macklem saying there is room for interest rates to go up and his acknowledgement of the overheating housing market. ....

United Kingdom , New South Wales , Altium Ltd , Nuix Ltd , Afterpay Ltd , Information Technology , Iluka Resources Ltd , Elders Ltd , Redbubble Ltd , Hang Seng , Dow Jones Industrial , Wall Street , Governor Tiff Macklem , Risk Appetite , Jobless Claims , Sx 200 , Sp 500 , ஒன்றுபட்டது கிஂக்டம் , புதியது தெற்கு வேல்ஸ் , தகவல் தொழில்நுட்பம் , இழுக்க வளங்கள் லிமிடெட் , பெரியவர்கள் லிமிடெட் , செயலிழக்க செங் , டோ ஜோன்ஸ் தொழில்துறை , சுவர் தெரு , ஆபத்து பசி ,

Australia seeks boost in minerals supply chain


Australia seeks boost in minerals supply chain
Bloomberg
Australia wants to leverage its position as a top mineral producer by boosting processing and manufacturing, part of a plan to challenge China’s dominance in the supply of products key to a clean-energy transition.
The Australian government yesterday unveiled a 10-year road map that includes A$1.3 billion (US$1 billion) of funding to help businesses capitalize on the country’s abundant natural resources and exploit opportunities in a de-carbonizing world.
It encourages growth in high-value products such as batteries and solar cells, as well as technologies and equipment that make mining safer and more efficient. ....

New South Wales , Mount Weld , Scott Morrison , Manufacturing Initiative , Lynas Rare Earths Ltd , Iluka Resources Ltd , Energy Renaissance , Modern Manufacturing Initiative , Prime Minister Scott Morrison , Rare Earths Ltd , Resources Ltd , The Taipei Times , புதியது தெற்கு வேல்ஸ் , ஏற்ற பற்றவைப்பு , ஸ்காட் மோரிசன் , உற்பத்தி முயற்சி , லினாஸ் ரேர் பூமிகள் லிமிடெட் , இழுக்க வளங்கள் லிமிடெட் , ஆற்றல் மறுமலர்ச்சி , நவீன உற்பத்தி முயற்சி , ப்ரைம் அமைச்சர் ஸ்காட் மோரிசன் , ரேர் பூமிகள் லிமிடெட் , வளங்கள் லிமிடெட் , தி தைப்பே முறை ,

Australia's Iluka Resources eyes downstream processing of rare earths


Australia s Iluka Resources eyes downstream processing of rare earths
Reuters
24/02/2021
(Reuters) - Australian mineral sands explorer Iluka Resources Ltd said on Thursday that it is actively exploring the potential for downstream processing of rare earths in Australia.
The Perth-based company indicated that the endeavour could be the Phase 3 development of its Eneabba operation in Western Australia, adding that it has commenced a feasibility study for a fully integrated rare earths refinery.
Iluka s Eneabba operation is one of its main rare earths undertakings with the commissioning for Phase 2 of the project scheduled for the first half of 2022.
Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers. ....

Western Australia , Shailesh Kuber , Iluka Eneabba , Nikhil Subba , Iluka Resources Ltd , மேற்கு ஆஸ்திரேலியா , ஷைலேஷ் குபர் , இழுக்க எனெஅப்ப , நிகில் சுபா , இழுக்க வளங்கள் லிமிடெட் ,