Graincorp Ltd
GrainCorp’s exports face delays, Mineral Resources opens off-market takeover bid for Norwest Energy and Magellan shares plummet
Agriculture giant GrainCorp (ASX: GNC) has confirmed export delays caused by rail and road bottlenecks as countries including China try to secure food supply from one of Australia’s most successful harvests. Last week the giant reached the 10 million tonne milestone for grain delivered into its east coast receival network and insisted there is more […]
EV push sees more than 100 companies unite, TPG calls on Bank of America and GrainCorp surges on wheat prices
More than 100 businesses and organisations have come together in an effort to have 1 million electric vehicles (EVs) on Australian roads by 2027. Heading the charge includes retail giant Woolworths Group (ASX: WOW), Linfox, AGL Energy (ASX: AGL), infrastructure company Transurban Group (ASX: TCL) and various car-markers including Tesla, BMW, Volvo and MG Motor. […]
Fertiliser stocks surge as Russia suspends exports, Rio Tinto cuts ties, Zip continues to disappoint
Fertiliser company Incitec Pivot (ASX: IPL) has recovered from a series of problems at its production facilities in recent weeks as skyrocketing global wheat prices saw investors pivot to the stock. Incitec saw its price peak at $3.77 in early trading on Friday only to ease back slightly to close at $3.72, a significant outperformance […]