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James Hardie's shares plummet 17% as profit drops; CATL raises $7B despite falling lithium prices.
James Hardie Industries' shares fell 17% as its annual net profit dropped by the same margin. Meanwhile, CATL raised $7 billion in its Hong Kong listing despite falling lithium prices. Janus Electric Holdings debuted on the ASX, aiming to decarbonize Australia's freight industry with electric trucks. Forrest warned that Chinese demand for Australian iron ore may shift due to greener alternatives.
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