Why Ampol, Atlantic Lithium, Brightstar, and Premier Investments shares are rising today

Atlantic Lithium secures develop approval for the Ewoyaa project

Atlantic Lithium has secured Ghanaian parliamentary approval to develop the Ewoyaa project, the country’s first lithium mine, under revised royalty terms tied to market prices. The ratified 15-year lease introduces a sliding royalty scale on spodumene concentrate, ranging from 5% when prices fall below US$1,500 a tonne to 12% when they exceed US$3,200, replacing the …

Daily Special: Atlantic Lithium, AdAlta, Brightstar Resources

The Australian sharemarket is trading lower just after midday, with the S&P/ASX 200 down 54.4 points, or 0.64%, to 8443.4 at 12.15pm AEDT, placing the benchmark on track for a third consecutive weekly decline of around 2%. Sentiment is being weighed down by rising energy costs and a shift in global interest rate expectations, as hawkish signals from major central banks prompt markets to price in further tightening. Investors are now factoring in…

Why Ampol, Atlantic Lithium, Brightstar, and Premier Investments shares are rising today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week in the red. At the time of writing, the benchmark index is down 0.65% to 8,442.8 points. Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising: Ampol Ltd (ASX: ALD) The Ampol share price is up 1.5% to $33.52. Investors have been buying this fuel retailer's shares after releasing an update outlining changes to the Fu…