Latest news with #AlkaneResourcesLtd
Business Insider
21-05-2025
- Business
- Business Insider
Alkane Resources Ltd (ALKEF) Receives a Buy from Bell Potter
In a report released today, Brad Watson from Bell Potter maintained a Buy rating on Alkane Resources Ltd (ALKEF – Research Report), with a price target of A$1.40. The company's shares closed today at $0.46. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Watson covers the Basic Materials sector, focusing on stocks such as Gold Road Resources Ltd, Alkane Resources Ltd, and Mineral Resources Limited. According to TipRanks, Watson has an average return of 5.4% and a 50.59% success rate on recommended stocks. Currently, the analyst consensus on Alkane Resources Ltd is a Strong Buy with an average price target of $0.72, representing a 55.64% upside. In a report released on May 4, MA Financial Group also maintained a Buy rating on the stock with a A$1.05 price target.
Business Insider
07-05-2025
- Business
- Business Insider
Alkane Resources Ltd (ALKEF) Receives a Buy from MA Financial Group
MA Financial Group analyst Paul Hissey maintained a Buy rating on Alkane Resources Ltd (ALKEF – Research Report) on May 4 and set a price target of A$1.05. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Hissey covers the Basic Materials sector, focusing on stocks such as Gold Road Resources Ltd, Alkane Resources Ltd, and AIC Mines Limited. According to TipRanks, Hissey has an average return of 22.1% and a 56.76% success rate on recommended stocks. Alkane Resources Ltd has an analyst consensus of Strong Buy, with a price target consensus of $0.71. Based on Alkane Resources Ltd's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $121.5 million and a net profit of $13.16 million. In comparison, last year the company earned a revenue of $89.06 million and had a net profit of $12.43 million
Yahoo
04-03-2025
- Business
- Yahoo
Rare Earth Metals Market Projected to Reach USD 16.26 Billion by 2032
The rare earth metals market is experiencing substantial growth, driven by the rising demand for high-performance materials in various industries, including electronics, automotive, and renewable energy. Austin, March 04, 2025 (GLOBE NEWSWIRE) -- The rare earth metals market is projected to reach a valuation of USD 16.26 billion by 2032, expanding at a compound annual growth rate (CAGR) of 8.75% from 2024 to 2032. The market is mainly driven by the essentiality of rare earth metals technology. As the world pivots more towards EVs, wind turbines, and sophisticated electronic gear, the demand for neodymium, praseodymium, dysprosium, and terbium has risen sharply. All of these are needed for the manufacturing of high-performing magnets used in motors, generators, and other electronic parts. Moreover, government policies encouraging the shift towards green energy solutions, as well as limiting the carbon footprints, have further boosted investments in the extraction and recycling of rare earth metals. Concerns over supply chain constraints and the environmental impact are being met by expanding recycling initiatives, with additional alternative supply stream development. Additionally, rare earth elements are being used in the defense and aerospace industries for advanced weaponry systems, radar technologies, and communication components. Due to their strategic significance, growing government involvement and efforts to secure stable supply chains became common for these materials. Nations are diversifying their supply chains and building domestic production to avoid over-reliance on a small handful of producing PDF Sample of Rare Earth Metals Market @ Key Players: Alkane Resources Ltd. (Rare Earth Oxides, Zirconium) Arafura Rare Earths (Neodymium-Praseodymium, Cerium) Avalon Advanced Materials Inc. (Rare Earth Concentrates, Zirconium) China Minmetals Rare Earth Co., Ltd. (Neodymium, Dysprosium) China Northern Rare Earth (Group) High-Tech Co., Ltd. (Lanthanum, Neodymium) Iluka Resources Limited (Rare Earth Elements, Zircon) Lynas Rare Earths Ltd. (Neodymium, Praseodymium) MP Materials (Neodymium-Praseodymium, Dysprosium) Northern Minerals Limited (Dysprosium, Terbium) Shenghe Resources Hording Co., Ltd. (Lanthanum, Neodymium) Arafura Resources Ltd. (Neodymium, Praseodymium) Australia Strategic Materials Ltd. (Rare Earth Elements, Zircon) Baotou HEFA Rare Earth Co. Ltd. (Lanthanum, Cerium) Bataou Jinmeng Rare Earth Co. (Lanthanum, Neodymium) China Rare Earth Holdings Limited (Lanthanum, Cerium) Energy Fuels Inc. (Rare Earth Oxides, Uranium) Greenland Minerals Ltd. (Neodymium, Praseodymium) Materion Corporation (Rare Earth Alloys, Neodymium) Neo Performance Materials Inc. (Neodymium, Dysprosium) Quest Rare Minerals Ltd. (Neodymium, Praseodymium) Rare Earth Metals Market Report Scope: Report Attributes Details Market Size in 2023 USD 7.66 Billion Market Size by 2032 USD 16.26 Billion CAGR CAGR of 8.75% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments •By Type (Lanthanum, Praseodymium, Cerium, Neodymium, Samarium, Others)•By Application (Magnets, Catalysts, Metallurgy, Phosphors, Ceramics, Polishing, Others)•By End-Use Industry (Electronics, Automotive, Energy, Defense & Aerospace, Healthcare, Others) Key Drivers •Rising Demand for Electric Vehicles and Renewable Energy Technologies Drives the Growth of Rare Earth Metals Market•Surge in Demand for High-Performance Electronics and Advanced Technologies Increases Rare Earth Metals Consumption If You Need Any Customization on Rare Earth Metals Market Report, Inquire Now @ Which Region Leads the Rare Earth Metals Market Growth? Asia-Pacific held the largest market share of approximately 65% in 2023, driven by China's dominance in rare earth metal production and refining. China remains the leading producer, accounting for over 60% of the global supply, supported by extensive mining activities, advanced processing technologies, and strong government backing. The region's robust manufacturing sector, particularly in the electronics and renewable energy industries, further contributes to its leadership in the market. In addition, countries such as Japan and South Korea are intensifying efforts to secure rare earth supplies through strategic partnerships and investments in alternative sources. Market Segmentation By Type Neodymium held the largest market share in 2023, accounting for approximately 37% of total revenue. This dominance is attributed to its widespread use in permanent magnets, which are essential components in electric vehicles, wind turbines, and high-performance motors. Neodymium magnets offer superior efficiency, strength, and durability, making them indispensable in the transition to renewable energy and sustainable mobility. The growing production of hybrid and electric vehicles, coupled with increasing investments in wind energy projects, is expected to further drive demand for neodymium. By Application Magnets emerged as the dominant application segment in 2023, capturing nearly 40% of the market share. Rare earth-based magnets, such as neodymium-iron-boron (NdFeB) and samarium-cobalt (SmCo), play a crucial role in high-efficiency motors and generators. The shift toward energy-efficient appliances, electric mobility, and renewable energy infrastructure is fueling demand for these advanced materials. Additionally, growing investments in emerging applications, such as robotics and medical devices, are expected to expand the scope of rare earth magnets in the coming years. By End-Use Industry Electronics dominated the end-use segment in 2023, accounting for around 35% of the total market. Rare earth elements are essential in manufacturing smartphones, laptops, televisions, and other electronic devices due to their unique magnetic, optical, and conductive properties. The rapid advancement of consumer electronics, alongside the expansion of 5G networks and miniaturized components, is driving the demand for rare earth metals. Moreover, the increasing adoption of Internet of Things (IoT) devices and smart home technologies is expected to sustain market growth. Recent Developments In 2023, Lynas Rare Earths Ltd. announced the expansion of its processing facility in Australia to increase its rare earth refining capacity and reduce dependency on Chinese supply chains. In 2023, MP Materials signed a long-term supply agreement with a leading U.S. automotive manufacturer to provide rare earth magnets for electric vehicle production, strengthening North America's supply chain resilience. In 2023, China Northern Rare Earth Group implemented new environmental sustainability measures in its mining and refining processes to align with global carbon neutrality goals. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Rare Earth Metals Market Segmentation, by Type 8. Rare Earth Metals Market Segmentation, by Application 9. Rare Earth Metals Market Segmentation, by End-Use Industry 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. ConclusionBuy Full Research Report on Rare Earth Metals Market 2024-2032 @ Buying Options 5 Reports Pack (USD 7500) 10 Report Pack (USD 12000) Vertical Subscription (150 Reports Pack Valid for 1 Year) Use this link to Purchase above packs @ [For more information or need any customization research mail us at info@ About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
