Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Believe
  6. News
  7. Summary
    BLV   FR0014003FE9


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Quad nations to focus on clean-energy supply chain, says Australia PM

09/25/2021 | 03:16am EDT
FILE PHOTO: U.S. President Biden hosts 'Quad nations' meeting at the Leaders' Summit of the Quadrilateral Framework at the White House in Washington

(Reuters) - The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia's Prime Minister Scott Morrison.

The Quad nations, in their first in-person summit https://www.reuters.com/world/china/quad-leaders-meet-white-house-amid-shared-china-concerns-2021-09-24 on Friday in Washington, agreed on a partnership to secure critical infrastructure, the White House said.

Morrison told reporters after the meeting this will include connecting Australia's raw minerals with manufacturing and processing capabilities, and with end users in the United States, India and Japan, according to a transcript released on Saturday by his government.

Australia is the world's biggest supplier of rare earths outside of China, and is a major supplier of minerals used in electric vehicle batteries, such as nickel, copper and cobalt.

While the leaders did not publicly refer to China, they repeatedly insisted on rules-based behaviour in a region where China has been trying to flex its muscles. Beijing criticised the group as "doomed to fail."

The other Quad leaders expressed appreciation for Australia's role in supplying critical materials "because that is a necessary supply for the many industries and processing works that they operate themselves", Morrison said.

"On critical minerals, Australia is one of the biggest producers, but we believe we can play a bigger role in a critical supply chain that is supporting the technologies of the future."

Australia will host a clean-energy supply chain summit next year, aiming to develop a roadmap for building such supply chains in the Indo-Pacific region, Morrison said.

The Quad also discussed ways to better secure a semiconductor supply, Morrison said, as global carmakers and other manufacturers have cut production due to the shortage made worse by a COVID-19 resurgence in key Asian semiconductor production hubs.

"This is an ecosystem we want to create and we want to do that... in the region," he said.

(Reporting by Melanie Burton in Melbourne; Editing by William Mallard)

© Reuters 2021
All news about BELIEVE
05:48pTESLA : Books 145% Gain in Q3 EPS; Wedbush Estimates Supply Chain Issues Cost 40,000 Units..
05:35pDow Jones Industrial Average : Strong earnings reports lift Wall Street
05:25pEvergrande's $2.6 billion unit stake sale fails as Chinese officials seek to calm nerve..
04:02pPRESS RELEASE : MorphoSys AG: First Patient Dosed in Phase 2 IGNAZ Study of Felzartamab in..
03:57pHALLIBURTON : Continued Strong Free Cash Flow Generation Likely to Support Future Cash Gen..
03:49pAPPLE : to Exceed Third-Quarter Street Estimates 'Across The Board' on Robust iPhone 13 De..
02:21pNETFLIX : in Strong Position to Raise Prices as More Content Launches Expected in Near Fut..
02:13pUNIVERSAL ELECTRONICS : Senators seek details from U.S. electronics firm on Uyghur labor
12:48pBIOGEN : Third-Quarter Results Fall as Alzheimer's Drug Sales Miss Street Views; Full-Year..
12:09pEUROPE : European stocks hit 6-week highs as Nestle shines in mixed bag of earnings
More news
Sales 2021 550 M 641 M 641 M
Net income 2021 -21,1 M -24,6 M -24,6 M
Net cash 2021 262 M 305 M 305 M
P/E ratio 2021 -75,1x
Yield 2021 -
Capitalization 1 681 M 1 958 M 1 959 M
EV / Sales 2021 2,58x
EV / Sales 2022 2,12x
Nbr of Employees 1 370
Free-Float 100%
Duration : Period :
Believe Technical Analysis Chart | BLV | FR0014003FE9 | MarketScreener
Technical analysis trends BELIEVE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 17,55 €
Average target price 21,38 €
Spread / Average Target 21,8%
EPS Revisions
Managers and Directors
Denis Ladegaillerie Chairman & Managing Director
Laurent Taupin Chief Technical Officer
John Doran Director
Kathleen O'Riordan Director
Arnaud Chiaramonti Head-International Promotion
Sector and Competitors
1st jan.Capi. (M$)
BELIEVE0.00%1 943
HYBE CO., LTD.99.69%10 696
AVEX INC.39.51%623
LIVEONE, INC.-6.40%241