Century Lithium announced plans to develop a commercial-scale chlor-alkali plant in Nevada or Utah to support its Angel Island Lithium Project and the critical minerals supply chain in the Western US. The plant aims to produce chlorine, hydrochloric acid, and sodium hydroxide, with an initial capacity of 300 short tons per day of chlorine, potentially doubling based on demand. The company has signed eight non-binding MOUs for product offtake and is pursuing project-level financing, aiming to reduce reagent supply risks and generate standalone revenue. Site selection and due diligence are underway, with financing and permitting as next steps.
Century Lithium's chlor-alkali plant plans provide context for basic materials investors. For readers following this sector, here is Pluang's market snapshot as of Sep 22, 2026 17:41 WIB: out of 34 priced Basic Materials-sector US stocks, 14 rose and 19 fell today. Southern Copper Corp (SCCO) traded at USD 199.30 with a 1-day change of +0.63%, Rio Tinto (RIO) at USD 96.50 with -0.56%, and Sibanye Stillwater Ltd (SBSW) at USD 11.07 with -0.54%.
Abivax received positive pre-NDA feedback from the U.S. FDA for its drug Obefazimod, marking a key step in its development. Despite a recent price target cut by Wedbush to $118, analysts maintain a "Moderate Buy" consensus with an average target of $...
HSBC and Wells Fargo have downgraded Netflix stock due to declining subscriber engagement and an 8% drop in viewership time. Despite a recent 2.19% stock gain, Netflix shares have fallen over 40% in the past year amid strong competition and weaker or...
Smiths Group reported solid fiscal 2026 results, meeting EPS and revenue expectations with an EPS of $0.66 and revenue of $1.37 billion. The company improved operating profit, driven by strategic portfolio changes including selling non-core divisions...
Cintas Corporation is set to report its Q3 earnings with an expected EPS of $1.35 and revenue of $2.98 billion, up from $2.72 billion last year. The growth is supported by strong customer retention, increased demand for services like AED Rentals, and...
An analyst from Barclays has lowered Constellation Brands' stock price target to $122, slightly above its current trading price near a 52-week low. The company is refining its beer portfolio strategy with brand-specific plans and supply-chain improve...
