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Metallium Secures Flash Joule Heating Recovery Pathways for Antimony, Platinum Group Metals Via Expanded Licensing Agreement; Shares Fall 4%

Metallium (ASX:MTM) said it strengthened its intellectual property portfolio during the March quarter via an expanded licensing agreement with Rice University, incorporating additional flash joule heating (FJH) applications, including recovery pathways for antimony and platinum group metals, as well as solar cell recycling, according to a Monday Australian bourse filing.The company completed over 40 FJH processing campaigns over the quarter across a range of feedstocks, including printed circuit boards and catalytic converter scrap, generating data and insights into system behavior, the filing said. Initial commercial-scale feedstock was delivered to site, it added.Metallium's shares fell past 4% in recent trading on Monday.

ASX:MTM

Asia119d ago

St Barbara Posts Higher Gold Production in March Quarter; Shares Down 3%

St Barbara (ASX:SBM) posted Simberi gold production of 13,522 ounces during the March quarter, with sales totaling 11,974 ounces at an average sale price of AU$6,892 per ounce, according to a Monday filing with the Australian bourse.Gold production was 14,053 ounces with an all-in sustaining cost (AISC) of AU$4,169 per ounce in the March 2025 quarter, an earlier filing showed.The company expects gold production to range from 14,000 to 17,000 ounces for the New Simberi gold project in the June quarter, with its 40% attributable share of gold production anticipated to be between 5,600 and 6,800 ounces, with a corresponding AISC ranging from AU$4,100 to AU$4,500 per ounce, per the filing.Shares fell 3% in morning trade on Monday.

ASX:SBM

Asia119d ago

Xunce Technology to Partner With State-owned Enterprise on Data Assetization

Shenzhen Xunce Technology (HKG:3317) is partnering with state-owned Shenzhen Data Exchange on data assetization and artificial intelligence, according to a Hong Kong bourse filing Sunday.Shares of the real-time data infrastructure and analytics solutions provider gained over 2% in pre-market trade Monday.The partnership will help expedite the firm's implementation of its data assetization initiative, Xunce Technology said.

HKG:3317

Asia119d ago

HD-Hyundai Marine Engine Wins KRW85.9 Billion Ship Engine Supply Contract from K Shipbuilding; Shares Jump 5%

HD-Hyundai Marine Engine (KRX:071970) secured a ship engine supply contract from K Shipbuilding, according to a Monday filing with the Korean Exchange.The deal is valued at 85.9 billion won. The shipbuilder will deliver the engine by May 25, 2028.Shares of HD-Hyundai Marine Engine jumped nearly 5% in recent trade.

KRX:071970

Asia119d ago

Ling Yue Services Group to Bid for Land in China

Ling Yue Services Group (HKG:2165) plans to bid for a parcel of land in China's Xichang City, according to a Hong Kong bourse filing Sunday.The land parcel available for public tender is situated at east side of the Nantan Vegetable Market and covers 15,444.39 square meters of area. The parcel is designated for both residential and commercial use for terms of 70 years and 40 years, respectively.The initial bid for the land is set at 142.7 million yuan and the firm said it would pay a bidding deposit of 28.6 million yuan to participate in the tender.If successful, the property manager plans to develop the land for commercial and residential use and sell the properties in the market.

HKG:2165

Asia119d ago

Market Chatter: Chery Automobile Eyes European Production via Partnerships

Chery Automobile (HKG:9973) is seeking to expand production in Europe by partnering with other carmakers and using existing factories, Reuters reported Sunday, citing top executives at an event in Paris.France commercial chief Lionel French Keogh said the company is exploring additional manufacturing capacity across the region, according to the report.Chairman Yin Tongyue reportedly said Chery prefers partnerships over building new plants due to the time and investment required, adding that discussions are ongoing and updates may come in the coming months.He did not disclose potential partners or locations but said France is among the markets under consideration, the report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:9973

Asia119d ago

NZX Midday Sector Update: Non-Energy Mineral Stocks Jump, Consumer Non-Durables Struggle

Non-energy mineral stocks advanced more than 1% at midday Monday.Fletcher Building (NZE:FBU, ASX:FBU) shares rose past 2% in recent trade.On the flip side, the consumer non-durables sector struggled, shedding past 20%.Fonterra Co-operative Group (NZE:FCG) fell almost 28% after the company's roughly NZ$3.2 billion capital return to shareholders was implemented on April 10.

^NZ50ASX:FBUNZE:FBUNZE:FCG

Asia119d ago

Fadu Secures KRW15.2 Billion Enterprise SSD Controllers Supply Contract; Shares Rise 5%

Fadu (KOSDAQ:440110) secured an enterprise solid-state drive (SSD) controller supply contract from an undisclosed overseas NAND flash memory manufacturer, according to a Monday filing with the Korea Exchange.The contract, valued at 15.2 billion won, is valid until Oct. 9.Shares of the South Korean chipmaker rose nearly 5% in recent trade.

KOSDAQ:440110

Asia119d ago

CHTC Fong's Flags Delay in Property Disposal Circular Dispatch

CHTC Fong's International (HKG:0641) flagged a delay in the dispatch of a circular on the proposed disposal of PT Harvest Holdings, according to a Hong Kong bourse filing Sunday.The firm expects to dispatch the circular on or before April 15, as it needs more time to prepare and finalize relevant information related to the disposal.The firm plans to dispose the business and associated loans via a listing-for-sales process with a preliminary deal value of 221.5 million yuan.PT Harvest Holdings is the holding company of 24,959 square feet of office floor in Hong Kong's Kowloon Commerce Center.

HKG:0641

Asia119d ago

Market Chatter: South Korea May Secure Crude Oil from Kazakhstan Amid Middle East War

South Korea may be close to securing crude oil supplies from Kazakhstan, and may announce specific amounts and details early next week, Reuters reported Sunday, citing industry minister Kim Jung-kwan during his interview with local broadcaster KBS.Earlier in April, Kim, along with the Presidential Chief of Staff Kang Hoon-sik traveled to Kazakhstan to discuss securing crude oil and naphtha, Reuters reported.The negotiations came amid the ongoing Middle East war, which makes it crucial for South Korea to seek alternative oil sources. The country almost solely depends ⁠on imports for its energy, with 70% of oil supplies coming from the Middle East, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^KOSDAQKOSPI

Asia119d ago

Correction: South Korean Shares Open Lower on US-Iran Failed Talks

(Corrected to reflect the decline in the indices in the second paragraph)South Korean shares opened lower on Monday after the US and Iran failed to reach common ground after 21 hours of negotiations in Islamabad.The benchmark Korea Composite Stock Price Index, or Kospi, fell 121.59 points or 2.07% to open at 5,737.28. The Kosdaq also decreased 16.78 points or 1.53% to start trading at 1,076.85.US Vice President JD Vance, who led the Washington delegation, said Tehran had refused to accept Washington's terms, while Iran's Ministry of Foreign Affairs on Sunday said that it did not anticipate reaching an agreement with the US in a day.Following the failed talks, US President Donald Trump on Sunday warned on Truth Social that the US Navy would immediately begin blockading all ships attempting to enter or leave the Strait of Hormuz. The US Navy has also been instructed to "seek and interdict" every vessel in International Waters that has paid a toll to Iran.According to Reuters, US forces would block all maritime traffic entering and exiting Iranian ports at 10 am ET on Monday.Following the news, Brent crude surged 7.98% to $102.80 a barrel after a slight loss on Friday, while U.S. WTI jumped 8.61% to $104.88, rebounding from the previous session's decline.

^KOSDAQKOSPI

Asia119d ago

Cue Energy, Echelon Resources, Central Petroleum Sign Binding Gas Sales Deal With Northern Territory

Cue Energy Resources (ASX:CUE) and Palm Valley joint venture partners Echelon Resources (ASX:ECH) and Central Petroleum (ASX:CTP) have signed a binding multi-year gas sales deal with the Northern Territory government, according to Monday filings with the Australian bourse.The Palm Valley JV will drill two new wells to supply up to 21 petajoules of gas on a firm basis from the second half of 2026 through 2034. Cue Energy pegged its share at 3.2 petajoules, and Central Petroleum said its share is 10.5 petajoules.The gas is contracted at a fixed price with consumer price index escalation and take-or-pay provisions, per the filings. Drilling for the first well is due to begin mid-year, with production from the new wells expected to come online progressively over the second half.The binding agreement replaces the proposed gas supply arrangements in a previous letter of intent with the Northern Territory's Power and Water Corp. The letter of intent contemplated supply from the Mereenie gas field, but no final agreement was reached on volume and pricing for those tranches.In a separate statement, Horizon Oil (ASX:HZN) said the expiry of the letter of intent does not impact its existing gas supply deal with Power and Water Corp., which remains in place through to 2030.However, without a new agreement, the joint venture has decided that certain additional near-term drilling is no longer needed, which reduces Horizon's 2026 forecast capital expenditure by about $5 million, the company said.Horizon Oil has a stake in the Mereenie permits OL4/OL5, together with units of Central Petroleum, Echelon Resources, and Cue Energy.Horizon Oil shares gained 6% in recent trading, Central Petroleum and Cue Energy both rose 3%, while Echelon Resources was down 2%.

ASX:CTPASX:CUEASX:ECHASX:HZN

Asia119d ago

Far East Horizon Posts Slight Growth in Q1 Profit

Far East Horizon (HKG:3360) said profit attributable to shareholders increased slightly in the first quarter, according to a Monday Hong Kong bourse filing.Revenue and gross profit from its financial business rose year on year, while interest-earning assets increased slightly from the end of last year.

HKG:3360

Asia119d ago

HSBC, StanChart-led JV Granted Hong Kong Stablecoin Licences

Hong Kong granted its first batch of stablecoin licences to HSBC (HKG:0005) and a joint venture led by Standard Chartered (HKG:2888) called Anchorpoint Financial, according to a statement on Friday.Both firms plan to complete the necessary preparation work to launch the business in the coming few months, according to the Hong Kong Monetary Authority."We hope [the firms'] promotion of regulated stablecoins will address pain points in financial and economic activities, create value for both individuals and businesses, and support the healthy development of digital assets in Hong Kong," HKMA Chief Executive Eddie Yue said in a statement.

Hang SengHKG:0005HKG:2888

Asia119d ago

J&T Global Express' Parcel Volume Rises 26% in Q1 2026

J&T Global Express (HKG:1519) said total parcel volume rose 26% to 8.33 billion in the first quarter of 2026 from 6.60 billion a year earlier, according to a Monday Hong Kong bourse filing.Average daily parcel volume during the quarter also increased 26% to 92.5 million from 73.3 million a year earlier.Parcel volume from Southeast Asia surged 80% to 2.77 billion, while China parcel volume rose 8.4% to 5.40 billion. Volume from other markets jumped 101% to 153.6 million parcels.

HKG:1519

Asia119d ago

Cutia Therapeutics Completes Phase 3 Trial for Botulinum Toxin Product

Cutia Therapeutics (HKG:2487) said it completed a Phase 3 clinical trial in China for its botulinum toxin type A product for treating moderate to severe glabellar lines, according to a Monday Hong Kong bourse filing.The study met primary and secondary endpoints, with efficacy comparable to Botox and a favorable safety profile.The pharmaceutical company said no treatment-related serious adverse events or new safety signals were observed.

HKG:2487

Asia119d ago

Joy Spreader Group Partners With Volcano Engine on AI Implementation

Joy Spreader Group (HKG:6988) is partnering with Beijing Volcano Engine Technology to implement artificial intelligence across its business operations, according to a Hong Kong bourse filing Monday.Under the framework, Volcano Engine Technology will provide technology services, including the Doubao large model, to Joy Spreader.The agreement shall remain in effect until March 31, 2027.

HKG:6988

Asia119d ago

South Korean Shares Open Lower on US-Iran Failed Talks

South Korean shares opened lower on Monday after the US and Iran failed to reach common ground after 21 hours of negotiations in Islamabad.US Vice President JD Vance, who led the Washington delegation, said Tehran had refused to accept Washington's terms, while Iran's Ministry of Foreign Affairs on Sunday said that it did not anticipate reaching an agreement with the US in a day.The benchmark Korea Composite Stock Price Index, or Kospi, rose 121.59 points or 2.07% to open at 5,737.28. The KOSDAQ also increased 16.78 points or 1.53% to start trading at 1,076.85.Following the failed talks, US President Donald Trump on Sunday warned on Truth Social that the US Navy would immediately begin blockading all ships attempting to enter or leave the Strait of Hormuz. The US Navy has also been instructed to "seek and interdict" every vessel in International Waters that has paid a toll to Iran.According to Reuters, US forces would block all maritime traffic entering and exiting Iranian ports at 10 am ET on Monday.Following the news, Brent crude surged 7.98% to $102.80 a barrel after a slight loss on Friday, while U.S. WTI jumped 8.61% to $104.88, rebounding from the previous session's decline.

^KOSDAQKOSPI

Asia119d ago

Japanese Stocks Fall as Trump Vows Hormuz Blockade After Failed Iran Talks

Japanese stocks fell at the start of the trading week following the breakdown of US-Iran negotiations, amplified by Trump's vow of an immediate U.S. Navy blockade of the Strait of Hormuz.The Nikkei 225 opened lower by 502.7 points, or 0.9%, at 56,421.46.Brent crude breached the $100-mark again amid fears the US blockade would disrupt energy flows through the strategic waterway.Trump, on his social media post, declared that Washington would intercept any ship that paid Tehran for secure transit through the strait and would also remove any mines present in the waterway.Meanwhile, the U.S. Central Command stated that American forces would enforce a halt to all maritime traffic entering or departing Iranian ports starting Monday at 10 a.m. New York time.Friday's economic data revealed a sharp rise in U.S. consumer prices - the largest since 2022 - though the core inflation reading was relatively moderate, along with a decline in consumer sentiment.

Nikkei 225

Asia119d ago

Export Finance Australia, US Export-Import Bank Issue Letters of Up to $500 Million Each for Ardea's Western Australia Nickel Project

Export Finance Australia (EFA) and the US Export-Import Bank (EXIM) issued letters of support/interest of up to $500 million each for Ardea Resources' (ASX:ARL) Kalgoorlie nickel project in Western Australia after Australia's Minister for Resources and Northern Australia Madeleine King and the US Secretary of the Interior Doug Burgum agreed on priority critical minerals and rare earths projects under the two countries' bilateral Critical Minerals Framework, according to a Monday statement.The critical minerals include nickel, cobalt, gallium, magnesium, vanadium, and graphite.Other projects supported under the framework include Alcoa (ASX:AAI) Gallium recovery project in Western Australia, Arafura Rare Earths's (ASX:ARU) Nolans rare earths project in the Northern Territory, Astron's (ASX:ATR) Donald rare earths project in Victoria, Northern Minerals' (ASX:NTU) heavy rare earths project in Western Australia, VHM's (ASX:VHM) Goshen rare earths project in Victoria, and EQ Resources' (ASX:EQR) Mt Carbine tungsten project in Queensland.Ardea's shares were up over 2% in recent trading on Monday, while those of Astron rose nearly 1%. Shares of Alcoa fell 1%, Arafura fell 1%, VHM declined 5%, and those of EQ Resources decreased 9%.

ASX:AAIASX:ARLASX:ARUASX:ATRASX:EQRASX:NTUASX:VHM

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