We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BASF Partners With FUCHS to Support Australia's Mining Industry
Read MoreHide Full Article
Key Takeaways
BASF and FUCHS form an alliance to enhance service for the Australian mining industry.
FUCHS will be the interface for BASF's flotation and dewatering solutions and handle client relations.
BASF will continue supplying Hydromet solutions directly to Australian mining clients.
BASF SE (BASFY - Free Report) and FUCHS recently announced an agreement to better serve Australia’s mining industry. The partnership intends to combine BASF's advanced chemistry and extensive formulation knowledge with FUCHS' strong on-ground presence, technical support and client intimacy.
BASF and FUCHS are working together to deliver tailored flotation solutions for the Australian market, with the goal of improving product performance and supporting the mining industry. FUCHS will serve as the official market interface for BASF's flotation and dewatering solutions, which are marketed under the brands Lupromin, Luprofroth, Luproset and Drimax, managing client relations to ensure optimal service while BASF continues to develop improved chemistries.
BASF will provide Hydromet solutions directly to Australian clients, including those marketed under the LIX, LixTRA, LixMS, Solutrix, Alamine and Aliquat brands.
FUCHS, a prominent lubricant provider with a strong position in Australia's mining industry, has increased its flotation activities, demonstrating its dedication to innovation and expansion. With an established service network and commercial partnerships with numerous Australian mining companies, FUCHS is a perfect partner for BASF.
Both companies are committed to driving innovation and growth in Australia's mining industry.
Shares of BASFY have lost 0.6% over the past year compared with a 25.7% decline of its industry.
Image Source: Zacks Investment Research
BASFY’s Rank & Key Picks
BASFY currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (CRS - Free Report) , Centrus Energy Corp. (LEU - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 11.1%. The company's shares have soared 157.7% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Centrus Energy's current-year earnings is pegged at 71 cents. LEU, carrying a Zacks Rank #1, surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while missing once, with the average earnings surprise being 272.7%. The company's shares have rallied 333.9% in the past year.
Avino Silver, which currently carries a Zacks Rank #1, beat the consensus estimate in each of the trailing four quarters. In this time frame, it delivered an earnings surprise of roughly 104.1%, on average. ASM's shares have rallied 271.5% in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
BASF Partners With FUCHS to Support Australia's Mining Industry
Key Takeaways
BASF SE (BASFY - Free Report) and FUCHS recently announced an agreement to better serve Australia’s mining industry. The partnership intends to combine BASF's advanced chemistry and extensive formulation knowledge with FUCHS' strong on-ground presence, technical support and client intimacy.
BASF and FUCHS are working together to deliver tailored flotation solutions for the Australian market, with the goal of improving product performance and supporting the mining industry. FUCHS will serve as the official market interface for BASF's flotation and dewatering solutions, which are marketed under the brands Lupromin, Luprofroth, Luproset and Drimax, managing client relations to ensure optimal service while BASF continues to develop improved chemistries.
BASF will provide Hydromet solutions directly to Australian clients, including those marketed under the LIX, LixTRA, LixMS, Solutrix, Alamine and Aliquat brands.
FUCHS, a prominent lubricant provider with a strong position in Australia's mining industry, has increased its flotation activities, demonstrating its dedication to innovation and expansion. With an established service network and commercial partnerships with numerous Australian mining companies, FUCHS is a perfect partner for BASF.
Both companies are committed to driving innovation and growth in Australia's mining industry.
Shares of BASFY have lost 0.6% over the past year compared with a 25.7% decline of its industry.
Image Source: Zacks Investment Research
BASFY’s Rank & Key Picks
BASFY currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (CRS - Free Report) , Centrus Energy Corp. (LEU - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 11.1%. The company's shares have soared 157.7% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Centrus Energy's current-year earnings is pegged at 71 cents. LEU, carrying a Zacks Rank #1, surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while missing once, with the average earnings surprise being 272.7%. The company's shares have rallied 333.9% in the past year.
Avino Silver, which currently carries a Zacks Rank #1, beat the consensus estimate in each of the trailing four quarters. In this time frame, it delivered an earnings surprise of roughly 104.1%, on average. ASM's shares have rallied 271.5% in the past year.