Marcin Frąckiewicz

South32’s Eskom Power Deal Puts 29,000 Aluminium Jobs in Play
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South32’s Eskom Power Deal Puts 29,000 Aluminium Jobs in Play

South32 aims to secure a new electricity deal for its Hillside Aluminium smelter by 2029, ahead of its discounted Eskom contract expiring in 2031. Talks with Eskom include renewable power options with backup supply. The smelter supports thousands of jobs and consumes power continuously. South32’s Mozal plant in Mozambique shut in March after failing to secure affordable electricity.
May 10, 2026
Santos Stock Faces A Crucial Week As Australia’s Gas Rule Tests Its LNG Growth Plan
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Santos Stock Faces A Crucial Week As Australia’s Gas Rule Tests Its LNG Growth Plan

Santos shares closed at A$7.52, down 1.44%, as investors assess the impact of Australia’s new gas reservation policy requiring exporters to supply 20% of exports to the domestic market from July 2027. The rule could pressure Santos’s GLNG venture, which currently does not supply domestic gas. Analysts warn the policy may slow LNG supply growth. Santos expects Barossa and Pikka projects to boost output by up to 30% by 2027.
May 10, 2026
Longi’s First Finland Battery Goes Live as Nordic Storage Race Heats Up
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Longi’s First Finland Battery Goes Live as Nordic Storage Race Heats Up

Longi Green Energy Technology has launched its first Finnish battery energy storage system, a 2 MW/4 MWh unit at the Söderby Solpark solar site in the Åland Islands. The system, designed for sub-zero conditions, integrates with a 4 MW solar plant and can restart local power after outages. Grid operator Fingrid reports 1,050 MW of storage now connected nationwide. Finland is tightening rules for battery grid integration as storage demand rises.
May 10, 2026
Lynas Rare Earths Stock Is Back in Focus Before Trump-Xi Summit
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Lynas Rare Earths Stock Is Back in Focus Before Trump-Xi Summit

Lynas Rare Earths shares last closed at A$19.44, down 2.46%, after a strong 2026 run. The U.S.-China rare-earths deal remains in effect ahead of May 14-15 talks in Beijing, keeping attention on non-Chinese suppliers like Lynas. The company reported A$265 million in March-quarter sales, more than double a year earlier. Lynas recently signed a U.S. supply deal backed by $96 million from the Pentagon.
May 10, 2026
QBE Insurance Shares Slid After 11% Premium Growth — The Pricing Signal Explains Why
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QBE Insurance Shares Slid After 11% Premium Growth — The Pricing Signal Explains Why

QBE Insurance Group kept its 2026 outlook after first-quarter gross written premium rose 11% to US$9.2 billion. Shares fell 1.55% Friday despite reaffirmed guidance and higher premiums. Net catastrophe claims reached about US$300 million for the year to April. Investment income totaled US$500 million in the four months, with funds under management at US$36.1 billion.
May 10, 2026
WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth
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WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth

WiseTech Global shares closed at A$42.27 on May 8, down 4.6% and far below their 52-week high, as investors react to an AI-driven restructure and uncertainty over 2,000 planned job cuts. Trading has been volatile, with shares rising 5.2% on May 5 before three sessions of losses. The company reported first-half fiscal 2026 revenue up 76% and EBITDA up 31%, citing the e2open acquisition and AI rollout.
May 10, 2026
Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push
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Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push

Mineral Resources has named Darren Killeen as chief operating officer, a new role reporting to Managing Director Chris Ellison. Shares closed Friday at A$69.55, down 2.5%. The company’s lithium joint venture with POSCO has reached formal agreements, with completion now expected in the first half of FY2027. Net debt dropped to about A$4.5 billion at March 31.
May 10, 2026
Fortescue’s $1 Billion Court Test Arrives as Rio Tinto Locks In Pilbara Solar Deal
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Fortescue’s $1 Billion Court Test Arrives as Rio Tinto Locks In Pilbara Solar Deal

The Federal Court will rule Tuesday on compensation for the Yindjibarndi people over Fortescue’s Solomon Hub mine in Western Australia, with claims exceeding A$1 billion. Fortescue argues compensation should be capped at about A$8.1 million. The dispute follows a 2017 judgment affirming Yindjibarndi native title rights. Rio Tinto recently signed a solar energy deal with the Yindjibarndi ahead of the ruling.
May 10, 2026
Goodman Group Just Bought a Newark Brewery. The Real Prize Is Land, Power and Logistics
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Goodman Group Just Bought a Newark Brewery. The Real Prize Is Land, Power and Logistics

Goodman Group has acquired Anheuser-Busch’s former Newark brewery for about $360 million, securing 86 acres near Newark Liberty International Airport. Public filings show $317.4 million of the price attributed to land, $43.6 million to buildings. Anheuser-Busch shifted production and offered 475 affected workers roles elsewhere. Goodman plans to redevelop the site for logistics and data centers.
May 10, 2026
Woolworths Group’s 700-Store Recycling Comeback Lands as Trust Fight Deepens
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Woolworths Group’s 700-Store Recycling Comeback Lands as Trust Fight Deepens

Woolworths Group’s revived soft-plastics recycling program now runs in over 700 supermarkets across five Australian states, collecting about 40 million pieces since February. The scheme follows REDcycle’s 2022 collapse and comes as Woolworths faces ACCC allegations of misleading price claims and trims its 2026 earnings outlook. Coles and Aldi are also rolling out similar bins as the industry rebuilds collection systems.
May 10, 2026
Wesfarmers Stock Just Got Hit: Why Bunnings and Kmart Prices Are Back in Focus
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Wesfarmers Stock Just Got Hit: Why Bunnings and Kmart Prices Are Back in Focus

Wesfarmers shares closed at A$72.25 on May 8, down 1.95%, as oil-driven cost pressures and freight surcharges weigh on the group. CEO Rob Scott warned some prices will rise, especially for building supplies tied to petrochemicals. The S&P/ASX 200 fell 1.51% Friday, its worst day since March, with Wesfarmers among the major drags. Brent crude settled at US$101.29 a barrel after fresh Gulf tensions.
May 10, 2026
Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up
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Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up

U.S. spot XRP ETFs saw $6.04 million in net inflows on May 8, bringing total inflows to $1.325 billion since launch. Canary Capital’s XRPC was the only fund with net inflow that day, now totaling $438 million historically. XRP traded near $1.50, up 5.76% over 24 hours, with a market value of about $92.9 billion. Ondo Finance completed a cross-border tokenized U.S. Treasuries redemption using the XRP Ledger.
May 10, 2026
Telstra Group Limited’s $1.25 Billion Buyback Is Nearly Spent. Here’s What Investors Are Watching
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Telstra Group Limited’s $1.25 Billion Buyback Is Nearly Spent. Here’s What Investors Are Watching

Telstra disclosed A$12.2 million in additional share buybacks for May 8, bringing total spending to about A$1.08 billion under its current A$1.25 billion program. The buyback comes as Telstra raises mobile prices by up to A$5 a month. Shares closed at A$5.31 on May 8, down 0.38%. The next major update is due with annual results on August 13.
May 10, 2026
Australia Stock Market Week Ahead: ASX 200 Faces Budget, Wages and Oil Test
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Australia Stock Market Week Ahead: ASX 200 Faces Budget, Wages and Oil Test

The ASX 200 dropped 1.51% to 8,744.4 points on Friday, erasing nearly A$50 billion from Australian equities ahead of a week packed with budget, wage, and confidence data. The Reserve Bank of Australia raised the cash rate to 4.35% on May 5, citing inflation pressures from higher fuel prices. Treasurer Jim Chalmers will deliver the federal budget Tuesday night, with A$2 billion earmarked for new housing supply.
May 10, 2026
UK Stock Market Today: FTSE 100 Faces GDP Test After Third Weekly Drop
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UK Stock Market Today: FTSE 100 Faces GDP Test After Third Weekly Drop

The FTSE 100 closed Friday at 10,233.07, marking its third consecutive weekly decline. Investors await UK GDP data due Thursday, with energy prices and Middle East tensions weighing on sentiment. Sterling rose and gilt yields fell after Prime Minister Starmer confirmed he would stay in office. Vodafone, Greggs, Burberry, and National Grid are among stocks in focus this week.
May 10, 2026
Evolution Mining Share Price Jumps 7% in Week as Gold and Copper Rally Put EVN Back in Focus
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Evolution Mining Share Price Jumps 7% in Week as Gold and Copper Rally Put EVN Back in Focus

Evolution Mining shares closed last week up 7.4% at A$13.05, outperforming other major ASX gold miners. The company reported A$406 million in March-quarter cash flow and moved to net cash of A$42 million, with no debt repayments due until FY29. Gold and copper production for the quarter reached 170,000 ounces and 11,000 tonnes, respectively. Evolution expects full-year gold output on track but copper at the low end of guidance.
May 10, 2026
PLS Group Limited (ASX:PLS) Shareholder Shake-Up: MUFG Filing Puts Lithium Stock Back in Focus
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PLS Group Limited (ASX:PLS) Shareholder Shake-Up: MUFG Filing Puts Lithium Stock Back in Focus

Mitsubishi UFJ Financial Group disclosed a 5.11% voting stake in PLS Group Limited, according to May 8 ASX filings. State Street also increased its holding to 9.77%. PLS reported record March-quarter production of 232,436 dry metric tonnes of spodumene concentrate and reaffirmed 2026 guidance. The company recently closed a US$600 million senior unsecured note issue due 2031.
May 10, 2026
Northern Star Resources Stock: $500 Million Buyback Runs Into One Hard Question
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Northern Star Resources Stock: $500 Million Buyback Runs Into One Hard Question

Northern Star Resources shares closed at A$21.16 Friday, down 2.49% and far below last year’s high, as investors weigh a A$500 million buyback against rising costs at its Kalgoorlie mill expansion. March-quarter gold sales reached 380,807 ounces at an AISC of A$2,709 per ounce. FY26 project capital at KCGM rose to up to A$700 million on cost inflation and construction delays.
May 10, 2026
Woodside’s $30 Billion Browse Gas Bet Hits Decision Point as Australia Eyes Bigger Tax Take
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Woodside’s $30 Billion Browse Gas Bet Hits Decision Point as Australia Eyes Bigger Tax Take

Woodside Energy’s $30 billion Browse gas project could face a federal decision as early as next month, according to government documents. The company has begun pre-FEED engineering and issued invitations to tender for floating production facilities. Treasurer Jim Chalmers said the Petroleum Resource Rent Tax will generate higher revenue than forecast, with no changes planned to existing tax rules.
May 10, 2026
ANZ Group Shares Go Ex-Dividend Monday as 83c Payout Tests Profit Turnaround
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ANZ Group Shares Go Ex-Dividend Monday as 83c Payout Tests Profit Turnaround

ANZ Group shares will trade ex-dividend on Monday, cutting off new buyers from the A$0.83 interim payout due July 1, partially franked at 75%. The bank reported a flat statutory first-half profit of A$3.65 billion, with cash profit up 6% to A$3.78 billion. ANZ closed May 8 at A$36.79, down 1.5%. CEO Nuno Matos said cost cuts are on track, with 78% of 3,500 planned job exits completed.
May 10, 2026
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