-- Vulcan Energy Resources (ASX:VUL) said construction has started at its lithium chemical plant in Frankfurt, according to a Friday filing with the Australian bourse.
The plant will convert lithium chloride into lithium hydroxide monohydrate (LHM) using electrolysis. The first phase of production will target capacity of 24,000 tonnes of LHM, which is sufficient for around 500,000 electric vehicle batteries per year, the company said.
Wingtech's (SHA:600745) net loss attributable to shareholders for 2025 widened year on year to 8.75 billion yuan from 2.83 billion yuan, according to a Shanghai bourse filing on Thursday.Loss per share widened to 7.03 yuan from 2.28 yuan a year earlier.Operating revenue dropped 58% 31.3 billion yuan from 73.6 billion yuan in the previous year.
Meteoric Resources (ASX:MEI) said its Caldeira pilot plant in Brazil continues to deliver "robust recoveries" and consistent mixed rare earth carbonate production at or higher than nameplate capacity, according to a Thursday filing with the Australian bourse.During the March quarter, the company received a $50 million conditional letter of support from Export Finance Australia for indicative Caldeira financing, it said.Definitive feasibility study workstreams are progressing, and Meteoric Resources is advancing toward a final investment decision with a cash balance of AU$18 million at the end of March.Shares of the company fell 3% in recent Thursday trade.
Retail sales in South Korea, a gauge of private spending, rose 1.8% in March from the previous month, after a 0.3% decline in February, according to data from Statistics Korea on Thursday.On an annual basis, retail sales increased 5% in March, following a rise of 4.3% in the preceding month.