The S&P/ASX 200 Index rallied 0.8 per cent to 7388.2 points, the highest level since April 2022. Bigtincan surged 13.6 per cent to 58.5¢ and Ioneer 21 per cent to 55¢.
The US economy added 517,000 jobs in January, forcing Wall Street bulls to reconsider the case for interest rate cuts in 2023, and challenging the euphoria behind ‘disinflation’.
Magnetite projects fit perfectly into Australia’s green future but they are hamstrung by insufficient power, water and regulatory fatigue, Sanjiv Manchanda said.
An entity linked to Cue extended $20.3 million in working capital and funding since January 2022, making it Dion Lee’s number one creditor ahead of the Commonwealth Bank.