SP Angel . Morning View . Markets pull back amid looming mid-December deadline for new tariffs

Nano One Materials* (NNO CN) – report progress with Pulead in the evaluation of production for lithium-iron-phosphate cathode material NOVONIX Limited* (NVX AU) – conditional agreement to supply lithium-ion battery anode material to Samsung SDI *SP angel acts for Talga Resources which has developed a number of graphite anode materials for enhancing the performance of lithium batteries using graphite from it’s mine in Sweden and facilities in the UK and Germany. US – Equities are in a risk off mode amid growing concerns that the US may go forward with December 15 tariffs and no clarity on the status of Phase One talks. China – Surging food prices see CPI climbing more than forecast last month while falling factory gate prices pressure industrial sector margins. Germany – Machine manufacturers association is forecasting a bleak 2020 expecting production to return to growth only in H2 next year. UK – GDP climbed 0.7%yoy in October marking the weakest pace since March 2012 as the nation nears general elections. France – Industrial production growth was unchanged from the pace recorded the previous month in October while outlook weakens amid pension reform related regulation. Austra...

Death in the Oilfields: Boom Brings Mounting Risk of Death, Injuries

Parker Waldridge had worked in the Oklahoma oilfields since he was 16 and acquired the traits that make a good driller: fortitude, intellect and a healthy respect for the power of a runaway gas well. And so, when Waldridge’s wife, Dianna, heard there had been an accident on a rig he was working near Quinton, in the southeastern corner of the state, last Jan. 22, she tried to stay calm. Parker, an independent contractor hired as a well site consultant, was obsessed with safety and had not once expressed fear about a job during their 34-year marriage, she told herself. Still, on the four-hour drive to Quinton from their home in Crescent, north of Oklahoma City, dread began to creep in. Dianna had learned before leaving that Parker was among five men missing after an explosion on Patterson Rig 219, operated by Houston-based Patterson-UTI. At a church in Quinton, she sat with her four grown daughters, a son-in-law and the other workers’ families, awaiting confirmation of what everyone there suspected: the men weren’t coming back. They would have to be identified through dental records. Drilling is an inherently dangerous undertaking, with a fatality rate nearly five times that of al...