The big miners may be the new superstars of the dividend scene, but this has failed to translate through to any big appetite for their shares over recent months (reports The Australian Financial Review).
Liontown Resources boss David Richards says early-stage interest in the company’s Kathleen Valley lithium project, 60km north of Leinster, provides confidence, despite recent mixed commentary about the battery mineral (reports The West Australian).
Australian lithium producers could receive a boost over some South American rivals, after the Argentinian government flagged plans to impose a new tax on exports (reports The Australian Financial Review).
The price of cobalt may have retreated from the dizzy heights of early 2018, but the outlook for the blue metal remains positive, with some sector analysts particularly bullish about prospects beyond 2020 (reports MiningNews).
LME cobalt prices closed at US$63,806 per tonne on Friday, down from $75,000/t at the start of the year and a peak of $94,500/t on March 21.