Australian miners rally on new China stimulus cheer; Fortescue leads gains

Australian miners rose as China announced stimulus measures for its economy. Mining stocks benefited, despite the broader market's slight decline ahead of an interest rate decision.

UBS sees global lithium demand growing in 2025

Factbox-Arcadium deal could power Rio Tinto's entry into lithium supplier big league

Rio Tinto seeks to acquire Arcadium Lithium to become the third-largest lithium producer, amid positive EV demand outlook and ongoing merger activity in the industry.

Second wave of lithium supply is coming: UBS

The global lithium market is undergoing major changes due to new supply from Africa and China, which may lower prices and impact existing producers' profitability.

UBS cuts lithium prices forecast on weak EV demand

UBS revises lithium price forecasts down by 10% amid weaker EV demand, primarily due to slowed global sales and increased PHEV popularity, impacting production and price targets.