Charging infrastructure and the performance of batteries are decisive factors influencing the spread of e-mobility. Altech Advanced Materials is using an innovative coating technology to leave behind the disadvantages of conventional lithium-ion batteries, which already lose significant capacity after the first charging cycle. Using a patented process, batteries with significantly higher performance and service life are now being developed. Test production in a pilot plant is planned. There is much to suggest that the Company will create an e-car battery that is much more powerful than competing products in terms of weight or volume. An update.
Oil prices are slowly running out of steam, and the oil production companies do not care. In an economic environment where there is enough oil on this planet, it is a gift when prices go through the roof due to hysteria and you can come up with enough product. The oil industry in the US and Canada is back in full swing, with production companies pumping all that their oil pools can deliver. With oil prices at eight-year highs, it is good times for those that have oil production now. Saturn Oil & Gas of Saskatchewan has had the fortunate timing to have developed its production from a few hundred barrels per day in early 2021 to now over 11,000. Here are the figures for the 2nd quarter.
Hydrogen is one of the ultimate climate protection issues and is not only revolutionizing the automotive industry. The technology is becoming ever more explosive because only the interaction of all alternative and environmentally friendly processes appears promising. Unlike e-mobility, hydrogen with its specifications also reaches air, rail and shipping traffic and thus comes more into the focus of science. The opportunity for investors is favorable, as governments worldwide are proclaiming huge climate protection budgets. Joe Biden has just introduced the largest climate package in US history. Hydrogen is an important part of it. Europe is also getting ready to leap, but how has Nel ASA fared in this environment so far? The share price has already recovered 40% from its low in 2022. We take a critical look at the Norwegian company's half-year results.
Following its successful transformation from a venerable publishing house to a leading global provider of digital business-to-business media in the mining, energy and agriculture sectors, the signs at Aspermont are clearly pointing to expansion. Thanks to its highly scalable platform technology, the company from Down Under is growing strongly, both vertically and horizontally. With the launch of the financing platform "Blu Horseshoe", a quantum leap and the entry into the lucrative fintech market could now be celebrated. Although comparable projects were recently valued at a multiple of Aspermont's stock market value, the share chart of the Australians has been running sideways for months.
Vaccinations against various types of cancer and drug boosters that are suitable for reducing the effective doses of drugs - this is what Defence Therapeutics stood for, until yesterday. Now the Company has expanded its portfolio: the active ingredient AccuTOX™ ensures that cancer cells die. A Phase 1 trial is planned for 2023. Find out what the new application means and how the Company is otherwise positioned in our update.
It leaves a bad taste when poor numbers are served on a Saturday morning for breakfast. In order to prevent an immediate sellout, VARTA AG probably wants to create the opportunity to brood more closely over the profit warning that was sent out. We had already expected falling sales and profits and the "growing uncertainties" are also nothing new. Nevertheless, VARTA is operating in an absolute growth sector. Anyone who wants to be at the forefront of international competition today has to sail close to the wind. VARTA is obviously having a hard time here, even though the battery market is booming. An update on the data from Ellwangen.
Profound changes are underway in the global energy industry. Governments, industry and consumers are in the process of building a climate-neutral economy in which clean hydrogen occupies a key position as a raw material, energy carrier and fuel. In the transport sector in particular, far-reaching transformations are of elementary importance. There have been hardly any resounding successes in recent years, especially in this sector, which is so important for the climate turnaround. Vancouver and London-based First Hydrogen Corp. is a newcomer to the market, specializing in zero-emission vehicles and the production and distribution of green hydrogen. Through its unique "best-of strategy", the experienced management has been able to set clear scent marks in the recent past. A milestone has now been reached with the inclusion in a leading consortium in the UK, which has, however, received little attention from the broader market.
Germany's energy supply is at risk. One of the major consumers is the chemical giant BASF, which uses gas throughout its production process as an energy and heat supplier, catalyst and indispensable ingredient in packaging and cosmetics. Gas is essential in over 50,000 products - due to the ongoing conflict with Russia, it is now threatening to become scarce in Central Europe. Overall, analysts calculate that a lack of gas supplies from Russia could reduce chemical production in Germany by a fifth by 2024. Some industry stocks are already trading below book value, and the stock market is downgrading Germany's competitiveness compared with the globalized market. Is there any hope for the scolded DAX stock?
Electromobility is considered a key technology in the transformation of the transport sector. In 2021 alone, the number of new registrations and the market share of battery-powered vehicles more than doubled. Sales growth was led by the People's Republic of China, which accounted for more than half, with 3.3 million vehicles. In the Middle Kingdom in particular, the battle for market share is in full swing. BYD, the technology company based in Shenzhen in southern China, left the class leader Tesla behind in the latest sales figures. It is likely to further expand its leading position based on its positioning and battery expertise, which is likely to be reflected in further increases in stock market quotations.
In recent weeks, concerns about the development of the global economy have put oil prices under pressure for the first time since the start of the Ukraine - Russia war. High inflation, coupled with the first stronger interest rate hikes by some central banks, is likely to dampen economic development and thus also reduce demand for crude oil. Oil prices are likely to have completed the first cycle of increases, with Brent prices recently reaching USD 135. Now a leveling off is taking place, which will have to find its way through the entire mix of strikes (Norway) and production interruptions (Kazakhstan). The fact remains that oil will have to remain an indispensable commodity for quite a while, because there are too few alternatives. Therefore, even in an incipient recession and continuing uncertain geopolitical conditions, a high oil price is to be expected. In Saskatchewan, Canada, the oil producer Saturn Oil & Gas is growing out of its infancy into a new dimension.