Wesfarmers Ltd

Earnings data Q3 2024

Wesfarmers Ltd. engages in the provision of fresh food, groceries, general merchandise, liquor, fuel, and financial services. It operates through the following segments: Bunnings; Kmart Group; Chemicals, Energy, and Fertilisers (WesCEF); Officeworks; Industrial and Safety; Health; Catch; and Other. The Bunnings segment consists of retailers of building materials and home and garden improvement products and servicing households and commercial customers including builders, trades, and businesses. The Kmart Group segment comprises of Kmart and Target which are retailers of apparel and general merchandise, including toys, leisure, entertainment, home, and consumable; and Catch which is an online retailer offering branded products on a first-party basis and a third-party online marketplace. The WesCEF segment refers to manufacturer and marketer of chemicals for industry, mining, mineral processing, broadacre and horticultural fertilisers, marketer and distributor of LPG and LNG; and manufacturer of wood-plastic composite decking and screening products. The Officeworks segment covers the retail and supply of office products and solutions for households, small-to-medium sized businesses, and the education sector. The Industrial and Safety segment supplies and distributes maintenance, repair, and operating products; manufactures and markets industrial gases and equipment; supplies, manufactures, and distributes workwear clothing in Australia and internationally. The Health segment wholesales and retails pharmaceutical, health, wellbeing, and beauty products. The Catch segment operates as an online retailer offering branded products on first-party basis and a third-party online marketplace. The Other segment includes food and stables retailing; forest products; property; investment banking; OneDigital, and Corporate. The company was founded in 1914 and is headquartered in Perth, Australia.

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Lithium carbonate spot prices were generally flat the past month. Lithium market news - Fastmarkets forecast a tentatively balanced lithium market in 2024. US moves to restore stockpiling ‘panic button' in EV metals fight with China. Lithium company news - Albemarle plans to reduce capital expenditures, costs to unlock >US$750M of cash flow. Tianqi Lithium issues large negative profit warning.

Lithium Miners News For The Month Of February 2024

Wesfarmers Limited (WFAFF) Q2 2024 Earnings Call Transcript

Australia's Wesfarmers on Thursday posted a better-than-expected half-year profit, boosted by strong performance at its budget department store operator Kmart and hardware business Bunnings.

Australia's Wesfarmers first-half profit jumps 3% on strong demand

Livent Corp

Lithium chemical spot prices and spodumene prices were lower the past month and are now below the marginal cost of production. Lithium market news - China Futures Co. analyst, Zhang Weixin, forecasts lithium carbonate to bottom out between CNY80-90,000/t. Milei looks to cut costs for Argentina's miners in broader deregulation push. Lithium company news - SQM and Hancock enter into implementation deed with Azure Minerals. Livent and Allkem shareholders approve merger of equals, new company name to be Arcadium Lithium.

Lithium Miners News For The Month Of December 2023

Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - Australia's largest lithium mine flags output cut on weak China demand. SQM announces acquisition offer for Azure Minerals for ~US$900m. Lithium company news - Allkem and Livent receive all required regulatory approvals globally to close merger of equals. Sayona Mining announces new high-grade zones encountered in NAL drilling.

Lithium Miners News For The Month Of November 2023

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Lithium chemical spot prices and spodumene prices were slightly lower the past month. Citi short-term forecast is for lithium carbonate price to fall to US$18,000/t. Lithium market news - Argentina mulls charging lithium miners contribution. "Incredible lithium price spike" on way as new chemical capacity drives demand, says Brinsden. Lithium company news - Albemarle withdraws offer to acquire Liontown Resources. Ganfeng starts construction of US$250M lithium processing plant in Nigeria. Lithium Americas split finalizes to form LAC and LAAC.

Lithium Miners News For The Month Of October 2023

Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - BMI: "Battery capacity to increase 4-fold by 2030 to 4TWh." Argentina to reach top three spot among lithium players by 2027. Lithium company news - Albemarle raises offer to A$3.00 in takeover offer for Liontown Resources, receives $90m critical materials award from the DoD.

Lithium Miners News For The Month Of September 2023

Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - BloombergNEF: EV battery sizes increasing may lead to battery supply chain shortages. BMI: 401 gigafactories planned to be in operation by 2030. Lithium company news - Albemarle invests C$109m Strategic Investment and MOU into Patriot Battery Metals. Pilbara Minerals announces 109Mt Mineral Resource increase to 414Mt.

Lithium Miners News For The Month Of August 2023

Wesfarmers Limited (OTCPK:WFAFF) Q4 2023 Earnings Conference Call August 24, 2023 10:00 PM ET Company Participants Rob Scott - Managing Director Anthony Gianotti - Chief Financial Officer Ian Hansen - Managing Director of Wesfarmers Chemicals, Energy and Fertilizers Michael Schneider - Managing Director of Bunnings Group Sarah Hunter - Managing Director of Officeworks Ian Bailey - Managing Director of Kmart Group Nicole Sheffield - Managing Director of Wesfarmers OneDigital Emily Amos - Managing Director of Health Conference Call Participants Peter Marks - Barrenjoey Capital Partners Michael Simotas - Jefferies LLC David Errington - Bank of America Merrill Lynch Lisa Deng - Goldman Sachs Group, Inc. James Wang - Citi Shaun Cousins - UBS Bryan Raymond - JPMorgan Chase & Co. Craig Woolford - MST Marquee Ben Gilbert - Jarden Limited Richard Barwick - CLSA Limited Phillip Kimber - E&P Capital Ross Curran - Macquarie Research Scott Ryall - Rimor Equity Research Operator Ladies and gentlemen, thank you for holding, and welcome to the Wesfarmers 2023 Full-Year Results Briefing. Your lines will be muted during the briefing.

Wesfarmers Limited (WFAFF) Q4 2023 Earnings Call Transcript

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Lithium chemical spot prices and spodumene prices were lower the past month. Lithium market news - DoE: Lithium & nickel are the two 'high importance to energy' critical materials in the mid term (2025-2035). China lithium futures market begins trading. Lithium company news - Albemarle amends JV deal with Mineral Resources, to pay $380M-$400M, Albemarle will take 100% ownership of Kemerton LiOH facility.

Lithium Miners News For The Month Of July 2023

Lithium chemical spot prices and spodumene prices were very slightly higher in the past month. Fastmarkets - Lithium prices to remain elevated this year. Lithium market news - BNEF forecasts a 22x scale-up in annual lithium demand in 2022 and 2050 in the Net Zero Scenario. EU, Argentina sign raw materials MOU, lithium focus. Lithium company news - Ganfeng/LAC - First lithium produced as part of commissioning at Caucharí-Olaroz. Ganfeng/Leo Lithium - Goulamina total Resource increased by 48.2% to 211 Mt grading 1.37%.

Lithium Miners News For The Month Of June 2023

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2024 Potential New Lithium Producers To Consider

Lithium chemical spot prices surged higher and spodumene spot prices were flat the past month. Lithium market news - Samsung SDI & GM $3B EV battery plant in USA. Hyundai and SK On EV battery cell production JV in USA. Tesla lithium refinery groundbreaking.

Lithium Miners News For The Month Of May 2023

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Lithium chemical spot prices were lower and spodumene spot prices were lower the past month. Lithium carbonate spot prices in China may be bottoming as low margins hit producers. Lithium market news - DOE expects U.S. battery production in 2030 will be 20x what it was in 2021. UK taskforce on critical minerals. Chile's President wants to nationalize lithium.

Lithium Miners News For The Month Of April 2023

Lithium chemical spot prices were significantly lower and spodumene spot prices were lower the past month. "Surge in Chinese lithium prices has turned into rapid retreat". Lithium market news - Beijing probes illegal mining activities in Chinese lithium hub. EU Commission proposes 10% of their critical raw materials supply to be mined in Europe by 2030.

Lithium Miners News For The Month Of March 2023

Digital Media Solutions

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Lithium chemical prices were significantly lower and spodumene prices were roughly flat over the past month. Lithium market news - GM invests US$650m into Lithium Americas in return for Thacker Pass lithium off-take deal. Bloomberg: Tesla is considering a bid for battery metals miner (Sigma Lithium).

Lithium Miners News For The Month Of February 2023

Wesfarmers Limited (OTCPK:WFAFF) Q2 2023 Earnings Conference Call February 14, 2023 9:00 PM ET Company Participants Rob Scott - Managing Director & Chief Executive Officer Anthony Gianotti - Chief Financial Officer Ian Hansen - Managing Director, Wesfarmers Chemicals, Energy & Fertilizers Michael Schneider - Managing Director, Bunnings Group Sarah Hunter - Managing Director, Officeworks Ian Bailey - Managing Director, Kmart Group Nicole Sheffield - Managing Director, Wesfarmers OneDigital Conference Call Participants Shaun Cousins - UBS Adrian Lemme - Citi David Errington - Bank of America Michael Simotas - Jefferies Craig Woolford - MST Marquee Lisa Deng - Goldman Sachs Ben Gilbert - Jarden Bryan Raymond - JPMorgan Grant Saligari - Credit Suisse Richard Barwick - CLSA Ross Curran - Macquarie Phil Kimber - E&P Capital Craig Woolford - MST Marquee Operator Ladies and gentlemen, thank you for holding, and welcome to the Wesfarmers 2023 Half Year Results Briefing. Your lines will be muted during the briefing.

Wesfarmers Limited (WFAFF) Q2 2023 Earnings Call Transcript

Lithium chemical and spodumene prices were lower the past month. Lithium market news - Benchmark Mineral Intelligence is forecasting a small lithium deficit in 2023. Fastmarkets expects a small supply surplus to develop in 2023.

Lithium Miners News For The Month Of January 2023

Wesfarmers Limited (OTCPK:WFAFF) Q4 2022 Earnings Conference Call August 25, 2022 10:00 PM ET Company Participants Rob Scott - MD and CEO Anthony Gianotti - CFO Ian Hansen - MD, Wesfarmers Chemicals, Energy & Fertilizers Michael Schneider - MD, Bunnings Group Sarah Hunter - MD, Officeworks Emily Amos - MD, Health Ian Bailey - MD, Kmart Group Tim Bult - MD, Wesfarmers Industrial & Safety Nicole Sheffield - MD, Wesfarmers OneDigital Conference Call Participants Tom Kierath - Barrenjoey Michael Simotas - Jefferies David Errington - Bank of America Shaun Cousins - UBS Bryan Raymond - JPMorgan Adrian Lemme - Citi Craig Woolford - MST Marquee Ross Curran - Macquarie Richard Barwick - CLSA Ben Gilbert - Jarden Lisa Deng - Goldman Sachs Grant Saligari - Credit Suisse Phil Kimber - E&P Capital Operator Ladies and gentlemen, thank you for holding. And welcome to the Wesfarmers 2022 Full Year Results Briefing.

Wesfarmers Limited (WFAFF) Q4 2022 Earnings Call Transcript

Australian retail conglomerate Wesfarmers Ltd posted a 2.9% drop in annual profit on Friday, hurt by COVID-driven store closures, sticky supply chain bottlenecks and rising costs.

Wesfarmers posts drop in annual profit on COVID disruption

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Wesfarmers Limited (WFAFF) CEO Rob Scott on Half Year 2022 Results - Earnings Call Transcript

Australian retail conglomerate Wesfarmers Ltd on Thursday posted a 14.2% drop in first-half profit due to COVID-19 curbs and supply chain disruptions, and warned issues including labour constraints will persist in the second half.

Wesfarmers first-half profit dives as Omicron disrupts business

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VanEck Green Metals ETF

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News for Wesfarmers Ltd Stock (WFAFY)