|Bid||2.0500 x N/A|
|Ask||1.9000 x N/A|
|Day's Range||1.8950 - 1.9000|
|52 Week Range||0.8300 - 1.9800|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.39|
Noting Lynas' receipt of a renewed operating licence for its Malaysian processing plant earlier in the day, Wesfarmers said it "has been unable to progress a proposal". In April, Wesfarmers said it was still interested in acquiring the only major producer of rare earth elements outside China and could table a less conditional bid after its earlier offer was rebuffed by Lynas' board.
Wesfarmers Ltd's bid for Australia's Kidman Resources undervalues the lithium miner, analysts said on Friday, reflecting the financing difficulties the sector faces even as electric car makers warn of raw material shortages. Wesfarmers offered a 47 percent premium for Kidman, which is developing the Mount Holland project in Western Australia through a joint venture with battery chemicals maker Sociedad Quimica y Minera de Chile S.A. (SQM). Prospects for lithium demand look strong over the next decade as governments worldwide set ambitious targets to increase electric vehicle sales.
If you want to know who really controls Kidman Resources Limited (ASX:KDR), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to...
If you own shares in Kidman Resources Limited (ASX:KDR) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measureRead More...
Kidman Resources Limited's (ASX:KDR): Kidman Resources Limited explores for and develops base metals and rare earth deposits in Australia. On 30 June 2018, the AU$393m market-cap posted a loss of Read More...
Australia's Kidman Resources has signed a preliminary deal to supply lithium hydroxide to LG Chem Ltd of South Korea, Kidman said on Wednesday, as suppliers to the electric vehicle industry rush to secure raw materials for a boom in demand. Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years. Australia is shaping up as a top supplier of lithium and other minerals for electric vehicle batteries and two major new lithium hydroxide plants are due to come on line next year.
Kidman Resources, a supplier of lithium to U.S. electric car maker Tesla said on Monday it had settled a court dispute that could have derailed joint development of a mine in Western Australian with Chile's SQM. In a statement announcing the settlement, Kidman did not specify terms. Court documents show the settlement was reached with private company Phoenix Rise and Jeffrey Hull, a retired geologist.