High Voltage: Trump a potential speed bump for US adoption, but EV narrative looks inevitable

Estimated read time 14 min read

A Donald Trump presidency – good or bad for the US EV adoption narrative? Does it even matter that much? 
Could solid state lithium batteries be set to take over from lithium-ion? 
Volkswagen plans to counter BYD’s affordable EV push into Europe
ASX lithium stocks with positive tales to spin this week include: PUR, LRD, WR1 and CUF

 

What’s moving, what’s shaking in battery metals this week? Let’s take a look via something of a round-up.

We’ll start where we usually do – with…

 

Lithium

• Unfortunately the “spot” LCE price is moving backwards at the time of writing, continuing its most recent droop. As does that of spod.

It looks, however, like it might be a minor blip in a longer bottoming out scenario once zoomed out, but time will tell.

2024-05-29#Lithium Carbonate 99.5% Min China Spot

Price: $14,644.98
1 day: $-13.79 (-0.09%)
YTD: 7.04%#Spodumene Concentrate (6%, CIF China)

Price: $1,110.00
1 day: $-2.0 (-0.18%)
YTD: -15.59%

Sponsored by @portofino_porhttps://t.co/n5BQpOFsLV

— Lithium Price Bot (@LithiumPriceBot) May 29, 2024

 

Moving to the ASX, and despite the flaccid commodity pricing, we’re at least seeing some positive local lithium stories again this week. In the news for the right reasons this week, we have:

Lord Resources (ASX:LRD)

Infill soil sampling work has confirmed multiple, large high-priority lithium-caesium-tantalum geochemical anomalies at Lord’s 100%-owned Jingjing lithium project in WA’s Eastern Goldfields.

Jingjing, which was acquired in May 2023, consists of two tenements that sit within the “Goldilocks Zone” for lithium-caesium-tantalum deposits. Jingjing is being explored independently of the company’s Horse Rocks, where exploration is being undertaken under a strategic partnership with Mineral Resources (ASX:MIN).

Read more on this > here.

 

Pursuit Minerals (ASX:PUR)

High grades of lithium brine have been intersected at Pursuit Minerals’ Rio Grande Sur project in Argentina from the very first diamond hole as part of Stage 1 resource expansion, showing up to 620mg/l lithium.

The Rio Grande Sur project is a vast landholding in the Salta province, part of South America’s Lithium Triangle – the world’s largest source of lithium from salt flats.

And it’s in prime real estate next to established operations and developments such as Arcadium Lithium’s (ASX:LTM) El Fenix and Sal de Vida, POSCO’s Sal de Oro and Ganfeng’s Mariana projects, among others.

PUR is targeting a resource upgrade this quarter to build on an inferred resource which currently sits at 251,300t lithium carbonate equivalent (LCE).

Read more > here.

 

Winsome Resources (ASX:WR1) .

This James Bay-focused (Quebec, Canada) $244m market capper has turned heads this week, announcing a significant increase of the Mineral Resource Estimate (MRE) at its Adina lithium project.

It’s talking a 33% increase to 77.9 million tonnes with a higher-grade lithium content to boot – at 1.15% Li2O.

It’s a big upgrade, with an uptick in lithium carbonate equivalent (LCE) to 2.21Mt Lithium and, says the company, confirms Adina’s positioning as “one of the largest undeveloped lithium deposits in the world”.

The company notes, too, that 61.4Mt at 1.14% Li2O in the higher confidence Indicated category derived from systematic drilling is a strong foundation for long-life project feasibility studies.

Winsome’s MD Chris Evans is upbeat, stating:

“The update to the MRE affirms the significance of our global resource and solidifies our position and strategic location at the heart of the green energy industry and EV supply chain in North America.

“To increase the resource by almost 20Mt while also enhancing our grade and resource category is an exceptional outcome from our latest phase of systematic drilling. In particular the grade which has been defined close to surface in the Main Zone is a key advantage as we progress the Adina Lithium Project.”

 

CuFe (ASX:CUF)

CuFe is laying the foundation for drilling at its North Dam lithium project near Coolgardie, WA, with completion of the first heritage survey and approval of additional Programme of Works to extend the program’s scope and coverage.

Further rock chip sampling of potential host pegmatites for anomalous REE and niobium mineralisation is also to be carried out, and is RC drilling expected to start in July.

Read more > here.

 

Trump, a speed bump in the EV road?

The distinct possibility of another Donald Trump presidency presents the markets with all kinds of uncertainty. So, would he be good, or bad for the battery metals sector?

It certainly doesn’t sound overly positive when you read things such as his supposed plan, if elected, to stop all electric car sales in the US and roll back tailpipe emissions targets along with slashing EV tax credits.

Looking forward to five more months of trying to read the US Presidential Politics tea leaves and its potential impact on #Lithium demand…

Donald Trump Vows To Stop All Electric Car Sales, But He Definitely Can’t https://t.co/5rFOaAeNsQ via @jalopnik

— Howard Klein (@LithiumIonBull) May 29, 2024

However, as the Jalopnik article above notes, the automotive and EV landscape in the US has evolved since Trump was in the Oval Office and looks very different these days.

Per Bradley Brownell’s piece:

Despite his best efforts, the EV market has grown significantly in the last eight years. Just 159,139 electric vehicles were sold in the U.S. in 2016, and that number is expected to exceed 1.5 million (or 10 percent of U.S. new car sales) in 2024. 

Hyundai, for example, is investing $13 billion on electric vehicle production in Georgia, a state Donald Trump narrowly lost by 12,000 votes in 2020. By threatening the livelihoods of blue collar American workers, Trump may be doing more harm than good for his case in these manufacturing-reliant states.

It’s possible a Trump win could be a speedbump in the EV-adoption road in the US, but widespread EV adoption seems inevitable whoever wins the current election race.

 

Something more solid

Solid-state lithium batteries – are they on their way towards mass production overdrive? According to a Shanghai Metals Market article, the largest solid-state battery project in China, Qingtao Kunshan, is reportedly set to begin production in June.

The project is said to have a total investment of 5 billion yuan, which is about US$690 million.

Solid state lithium batteries are regarded as a way forward in the EV battery space as they offer potential for higher energy density than current lithium-ion batteries.

This could translate to greater range capacity and longer-lasting charging, as well as addressing problematic safety issues of current iterations of lithium-ion energy storage.

Meanwhile, global electric vehicle wars are heating up, and China’s been firing all the shots of late (see X posts below). But in an attempt to ward off the BYD affordable EV assault on global car markets, cheaper electric vehicles are being planned by Volkswagen in Europe as a matter of priority.

The Volkswagen Group said earlier this week that it’s been working on compact electric vehicles that will cost about 20,000 euros for “for some time”.

That’s the equivalent of about $32,600 Aussie dollars, and US$21,700. These new EVs are set to hit roads in 2027.

RIP Tesla. Latest sedan versions of BYD Qin L and Seal 06 models feature ultra-long range PHEV technology (starts at $13,775) and can go >1200 miles nonstop — that’s New York to Miami on a single charge + tank of gas

A $TSLA would need at least 6 charging stops https://t.co/FjMbAMl7E0 pic.twitter.com/ELSiwKPxHG

— Facts Chaser (@Factschaser) May 28, 2024

 

ASX battery metals form guide

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 4pm May 29.) 

Stocks missing from this list? Email [email protected]

Code Company Price % Week % Month % Year Market Cap PVW PVW Res Ltd 0.027 8% 17% -2% $2,737,929 A8G Australasian Metals 0.095 25% 48% -8% $5,055,688 INF Infinity Lithium 0.058 9% 16% -4% $25,442,565 LPI Lithium Pwr Int Ltd 0 -100% -100% -55% $361,898,974 PSC Prospect Res Ltd 0.2 33% 29% 11% $96,691,385 PAM Pan Asia Metals 0.16 0% 0% 4% $26,850,684 CXO Core Lithium 0.14 -7% -3% -11% $299,170,976 LOT Lotus Resources Ltd 0.465 -4% 18% 18% $824,047,248 AGY Argosy Minerals Ltd 0.13 -4% -4% -1% $182,572,975 AZS Azure Minerals 3.69 0% 9% -1% $1,692,527,632 NWC New World Resources 0.038 -12% 3% 0% $113,424,602 QXR Qx Resources Limited 0.012 9% -14% -1% $12,210,856 GSR Greenstone Resources 0.012 0% 33% 1% $17,852,345 CAE Cannindah Resources 0.054 4% 0% -5% $31,216,317 AZL Arizona Lithium Ltd 0.024 4% 9% -1% $102,897,734 RIL Redivium Limited 0.004 100% 0% 0% $10,923,419 COB Cobalt Blue Ltd 0.094 -1% -5% -14% $38,378,487 ESS Essential Metals Ltd 0 -100% -100% -33% $135,278,382 LPD Lepidico Ltd 0.004 0% 33% 0% $25,767,358 MRD Mount Ridley Mines 0.001 -50% -33% 0% $7,784,883 CZN Corazon Ltd 0.009 0% 0% -1% $5,540,381 LKE Lake Resources 0.062 -6% 13% -7% $102,874,640 DEV Devex Resources Ltd 0.42 9% 47% 18% $187,506,035 INR Ioneer Ltd 0.22 -10% 22% 7% $488,379,089 AVZ AVZ Minerals Ltd 0 -100% -100% -78% $2,752,409,203 MAN Mandrake Res Ltd 0.034 -3% 10% -1% $20,969,837 RLC Reedy Lagoon Corp. 0.004 33% 0% 0% $2,478,163 GBR Greatbould Resources 0.059 -5% -6% -1% $36,375,368 FRS Forrestaniaresources 0.042 121% 147% 1% $7,442,144 STK Strickland Metals 0.105 8% -22% 1% $196,870,785 MLX Metals X Limited 0.485 2% 10% 20% $430,452,632 CLA Celsius Resource Ltd 0.01 0% -9% 0% $21,851,215 FGR First Graphene Ltd 0.057 0% -5% -1% $37,577,348 HXG Hexagon Energy 0.018 -5% -10% 1% $9,232,486 TLG Talga Group Ltd 0.69 -13% 1% -10% $267,726,691 MNS Magnis Energy Tech 0.042 0% 0% 0% $50,378,922 PLL Piedmont Lithium Inc 0.21 -11% 17% -22% $91,162,215 EUR European Lithium Ltd 0.048 4% -11% -6% $69,906,132 BKT Black Rock Mining 0.061 -6% -8% -2% $77,581,751 QEM QEM Limited 0.16 0% 7% -2% $23,465,715 LYC Lynas Rare Earths 6.73 -5% 9% -43% $6,281,306,203 ESR Estrella Res Ltd 0.0045 -10% -10% 0% $7,917,173 ARL Ardea Resources Ltd 0.595 1% -30% 12% $121,733,378 GLN Galan Lithium Ltd 0.235 -2% -24% -46% $105,911,285 JLL Jindalee Lithium Ltd 0.555 -3% -8% -49% $32,664,663 VUL Vulcan Energy 4.97 -3% 55% 212% $822,508,978 SBR Sabre Resources 0.018 -10% 6% -2% $6,736,715 CHN Chalice Mining Ltd 1.79 7% 56% 10% $698,189,131 VRC Volt Resources Ltd 0.005 0% 0% 0% $20,793,391 NMT Neometals Ltd 0.115 -4% 10% -10% $68,509,135 AXN Alliance Nickel Ltd 0.043 -9% 10% 0% $34,840,302 PNN Power Minerals Ltd 0.125 -11% 9% -9% $12,964,705 IGO IGO Limited 7.3 -8% 3% -175% $5,505,337,001 GED Golden Deeps 0.041 -9% 3% -1% $4,736,416 ADV Ardiden Ltd 0.15 0% -6% -3% $9,377,626 SRI Sipa Resources Ltd 0.016 -6% 0% -1% $3,650,530 NTU Northern Min Ltd 0.034 -3% 6% 0% $206,884,273 AXE Archer Materials 0.42 8% -11% 4% $107,035,745 PGM Platina Resources 0.026 -7% 8% 1% $17,449,049 AAJ Aruma Resources Ltd 0.019 0% 19% -1% $3,740,939 IXR Ionic Rare Earths 0.012 -8% -20% -1% $62,806,914 NIC Nickel Industries 0.97 -9% 11% 28% $4,135,806,534 EVG Evion Group NL 0.024 0% 0% -1% $8,303,020 CWX Carawine Resources 0.1 0% -5% -1% $23,612,545 PLS Pilbara Min Ltd 3.88 -7% 2% -7% $11,707,814,542 HAS Hastings Tech Met 0.24 -11% -29% -46% $43,212,153 BUX Buxton Resources Ltd 0.1 0% -5% -7% $17,460,436 ARR American Rare Earths 0.265 -4% -17% 10% $133,224,291 SGQ St George Min Ltd 0.021 17% 17% -1% $19,770,809 TKL Traka Resources 0.001 -50% -50% 0% $2,625,988 PAN Panoramic Resources 0.035 0% 0% 0% $103,937,992 PRL Province Resources 0.041 0% 0% 0% $48,441,219 IPT Impact Minerals 0.019 -14% 0% 1% $56,107,531 LIT Lithium Australia 0.026 -4% -7% 0% $31,779,583 AKE Allkem Limited 0 -100% -100% -983% $6,304,350,967 ARN Aldoro Resources 0.077 0% 13% -5% $10,231,404 JRV Jervois Global Ltd 0.015 -17% -32% -3% $40,541,457 MCR Mincor Resources NL 0 -100% -100% -151% $751,215,521 SYR Syrah Resources 0.455 -12% -8% -18% $407,518,818 FBM Future Battery 0.037 -12% -27% -4% $25,711,761 ADD Adavale Resource Ltd 0.005 -9% 11% 0% $5,129,898 LTR Liontown Resources 1.355 -7% 21% -30% $3,321,562,977 CTM Centaurus Metals Ltd 0.515 3% 29% -2% $252,771,642 VML Vital Metals Limited 0.0035 17% -30% 0% $23,580,268 BSX Blackstone Ltd 0.058 -3% -2% -1% $30,468,625 POS Poseidon Nick Ltd 0.007 0% 0% -1% $22,281,209 CHR Charger Metals 0.088 24% 11% -8% $7,122,663 AVL Aust Vanadium Ltd 0.017 0% 6% 0% $137,768,050 AUZ Australian Mines Ltd 0.0095 6% -5% 0% $12,586,609 TMT Technology Metals 0 -100% -100% -24% $67,134,856 RXL Rox Resources 0.165 -6% -13% -2% $62,871,862 RNU Renascor Res Ltd 0.115 -4% 15% -2% $279,552,955 GL1 Globallith 0.365 -5% -15% -84% $97,599,487 BRB Breaker Res NL 0 -100% -100% -32% $158,126,031 ASN Anson Resources Ltd 0.13 -4% 24% -1% $167,768,667 SYA Sayona Mining Ltd 0.043 0% 30% -3% $442,611,729 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 EGR Ecograf Limited 0.145 4% -3% 1% $65,834,614 ATM Aneka Tambang 1.08 0% -2% -10% $1,407,941 TVN Tivan Limited 0.052 4% -5% -1% $83,718,401 ALY Alchemy Resource Ltd 0.007 17% -13% 0% $9,424,610 GAL Galileo Mining Ltd 0.245 -9% -16% -4% $51,382,481 BHP BHP Group Limited 45.08 -2% 4% -533% $228,624,609,230 LEL Lithenergy 0.405 -4% -19% -17% $45,360,635 MMC Mitremining 0.78 1% 56% 51% $90,709,580 RMX Red Mount Min Ltd 0.001 0% 0% 0% $3,423,577 GW1 Greenwing Resources 0.067 -15% -12% -7% $13,050,107 AQD Ausquest Limited 0.017 6% 70% 1% $13,202,388 LML Lincoln Minerals 0.008 0% 14% 0% $11,928,317 1MC Morella Corporation 0.0025 -17% -17% 0% $18,536,398 REE Rarex Limited 0.02 43% 33% -1% $13,874,060 MRC Mineral Commodities 0.026 13% 8% -1% $25,596,288 PUR Pursuit Minerals 0.005 11% -17% 0% $11,775,886 QPM Queensland Pacific 0.036 -8% -29% -2% $98,313,089 EMH European Metals Hldg 0.43 -2% 8% 1% $80,903,435 BMM Balkanminingandmin 0.057 -5% 4% -5% $3,978,269 PEK Peak Rare Earths Ltd 0.26 11% 11% -9% $69,144,858 LEG Legend Mining 0.014 -15% 8% 0% $43,619,658 MOH Moho Resources 0.0045 -10% -10% -1% $2,695,891 AML Aeon Metals Ltd. 0.008 14% 33% 0% $9,867,606 G88 Golden Mile Res Ltd 0.012 -14% 0% -1% $5,345,897 WKT Walkabout Resources 0.125 0% 14% -2% $83,907,681 TON Triton Min Ltd 0.012 0% -8% -1% $21,859,497 AR3 Austrare 0.11 0% 0% -4% $17,931,017 ARU Arafura Rare Earths 0.19 0% 3% 3% $438,957,416 MIN Mineral Resources. 73.67 -7% 5% 367% $14,694,189,638 VMC Venus Metals Cor Ltd 0.09 0% -3% -1% $17,455,039 S2R S2 Resources 0.12 -8% 0% -5% $56,607,249 CNJ Conico Ltd 0.0015 0% 50% 0% $1,805,095 VR8 Vanadium Resources 0.064 14% 41% 1% $32,497,412 PVT Pivotal Metals Ltd 0.021 5% 40% 0% $15,490,602 BOA Boadicea Resources 0.023 0% -18% -1% $2,837,115 IPX Iperionx Limited 2.38 10% 11% 99% $612,428,819 SLZ Sultan Resources Ltd 0.011 10% 0% -1% $2,173,451 NKL Nickelxltd 0.025 -4% 9% -1% $1,844,119 NVA Nova Minerals Ltd 0.235 -2% -20% -13% $50,581,218 MLS Metals Australia 0.022 0% 0% -2% $15,562,130 MQR Marquee Resource Ltd 0.014 8% 0% -1% $6,200,766 MRR Minrex Resources Ltd 0.01 -9% -20% -1% $11,933,543 EVR Ev Resources Ltd 0.007 -22% -13% 0% $10,570,172 EFE Eastern Resources 0.007 0% 0% 0% $8,693,625 CNB Carnaby Resource Ltd 0.755 -12% 22% -4% $130,672,307 BNR Bulletin Res Ltd 0.048 -2% 4% -9% $14,093,440 AX8 Accelerate Resources 0.057 21% 19% 2% $35,013,097 AM7 Arcadia Minerals 0.07 8% -4% 0% $8,193,507 AS2 Askarimetalslimited 0.06 2% 25% -12% $5,666,072 BYH Bryah Resources Ltd 0.008 0% 14% -1% $3,483,628 DTM Dart Mining NL 0.026 -13% -16% 1% $6,460,822 EMS Eastern Metals 0.032 -20% -6% 0% $3,656,571 FG1 Flynngold 0.028 -18% -30% -2% $7,636,341 GSM Golden State Mining 0.011 0% 10% 0% $3,073,077 IMI Infinitymining 0.045 0% -36% -10% $5,343,903 LRV Larvottoresources 0.097 -16% 33% 3% $24,777,553 LSR Lodestar Minerals 0.0015 -25% 0% 0% $3,035,096 RAG Ragnar Metals Ltd 0.017 -15% -6% -1% $7,583,695 CTN Catalina Resources 0.003 -25% 0% 0% $3,715,461 TMB Tambourahmetals 0.075 -3% -10% -4% $6,469,348 TEM Tempest Minerals 0.01 11% 11% 0% $4,672,120 EMC Everest Metals Corp 0.125 -7% 25% 5% $20,535,389 WML Woomera Mining Ltd 0.004 0% 0% -3% $4,872,556 KZR Kalamazoo Resources 0.1 -9% 8% -2% $18,886,017 LMG Latrobe Magnesium 0.056 -7% 12% -1% $108,430,973 KOR Korab Resources 0.006 0% -14% -1% $2,202,300 CMX Chemxmaterials 0.048 1% 0% -3% $5,830,471 NC1 Nicoresourceslimited 0.145 -15% -15% -20% $16,417,586 GRE Greentechmetals 0.21 -5% 0% -25% $18,277,595 CMO Cosmometalslimited 0.041 3% -9% -2% $5,308,567 FRB Firebird Metals 0.2 -5% 21% 6% $25,625,052 S32 South32 Limited 3.95 1% 17% 62% $17,709,401,001 OMH OM Holdings Limited 0.485 -3% -2% 4% $383,128,401 JMS Jupiter Mines. 0.335 5% 12% 17% $646,801,755 E25 Element 25 Ltd 0.265 -2% 6% -16% $57,645,539 EMN Euromanganese 0.08 -2% -11% -2% $17,873,171 KGD Kula Gold Limited 0.01 11% 11% -1% $4,864,619 LRS Latin Resources Ltd 0.25 -6% 19% -4% $699,854,866 CRR Critical Resources 0.011 -15% -15% -1% $19,556,353 ENT Enterprise Metals 0.005 25% 67% 0% $4,423,605 SCN Scorpion Minerals 0.022 5% 22% -1% $8,189,124 GCM Green Critical Min 0.0035 0% -13% -1% $3,409,755 ENV Enova Mining Limited 0.022 16% 16% 1% $21,074,446 RBX Resource B 0.038 27% 0% -4% $3,142,010 AKN Auking Mining Ltd 0.019 0% -14% -3% $5,572,428 RR1 Reach Resources Ltd 0.015 7% 50% 0% $11,367,608 EMT Emetals Limited 0.005 -17% 0% 0% $4,250,000 PNT Panthermetalsltd 0.047 -6% 21% -1% $5,142,804 WIN Widgienickellimited 0.036 -14% -10% -5% $11,489,034 WMG Western Mines 0.375 -5% -9% 12% $29,530,091 AVW Avira Resources Ltd 0.001 0% 0% 0% $2,663,790 CAI Calidus Resources 0.13 -7% 0% -9% $105,897,102 GT1 Greentechnology 0.098 -7% -15% -19% $30,888,201 KAI Kairos Minerals Ltd 0.012 9% 9% 0% $28,830,034 MTM MTM Critical Metals 0.045 -13% -20% -2% $12,649,808 NWM Norwest Minerals 0.036 -8% -23% 1% $14,360,422 PGD Peregrine Gold 0.28 2% 24% 4% $19,684,742 RAS Ragusa Minerals Ltd 0.019 0% -14% -2% $2,709,377 RGL Riversgold 0.007 -13% 17% -1% $9,071,826 SRZ Stellar Resources 0.021 0% 24% 1% $34,174,832 STM Sunstone Metals Ltd 0.013 18% 0% 0% $44,050,000 ZNC Zenith Minerals Ltd 0.069 -5% -27% -8% $24,314,281 WC8 Wildcat Resources 0.475 -10% -2% -22% $579,150,863 ASO Aston Minerals Ltd 0.015 -6% 25% -1% $20,721,028 THR Thor Energy PLC 0.02 25% 5% -1% $3,449,877 YAR Yari Minerals Ltd 0.004 0% -27% -1% $1,929,431 IG6 Internationalgraphit 0.11 -8% -12% -5% $22,056,808 LPM Lithium Plus 0.096 1% -23% -26% $13,234,000 ODE Odessa Minerals Ltd 0.003 -25% -40% -1% $4,173,130 KOB Kobaresourceslimited 0.155 3% 60% 9% $25,369,858 AZI Altamin Limited 0.039 0% -3% -2% $17,115,112 FTL Firetail Resources 0.046 -8% 39% -3% $6,998,561 LNR Lanthanein Resources 0.005 0% 0% -1% $12,218,181 CLZ Classic Min Ltd 0.005 -17% -38% -5% $2,042,925 NVX Novonix Limited 0.72 -15% -14% -2% $361,821,148 OCN Oceanalithiumlimited 0.048 9% 12% -7% $2,487,519 SUM Summitminerals 0.205 11% 78% 11% $9,531,425 DVP Develop Global Ltd 2.34 -4% 0% -49% $570,235,915 OD6 Od6Metalsltd 0.061 -8% -14% -8% $5,056,060 HRE Heavy Rare Earths 0.037 -3% 3% -3% $2,238,053 LIN Lindian Resources 0.115 -12% -18% -3% $138,230,668 PEK Peak Rare Earths Ltd 0.26 11% 11% -9% $69,144,858 ILU Iluka Resources 7.24 -8% -1% 64% $3,098,242,377 ASM Ausstratmaterials 0.995 -3% -2% -28% $178,824,402 ETM Energy Transition 0.034 6% -13% -1% $46,346,094 VMS Venture Minerals 0.028 27% 40% 2% $61,200,352 IDA Indiana Resources 0.078 -5% -6% 0% $48,230,847 VTM Victory Metals Ltd 0.235 -13% 2% 3% $23,190,823 M2R Miramar 0.01 0% 0% -1% $2,046,956 WCN White Cliff Min Ltd 0.018 20% 20% 1% $25,990,199 TAR Taruga Minerals 0.009 0% 13% 0% $5,648,214 ABX ABX Group Limited 0.051 -7% -16% -2% $12,502,016 MEK Meeka Metals Limited 0.038 3% 12% 0% $44,449,522 RR1 Reach Resources Ltd 0.015 7% 50% 0% $11,367,608 DRE Dreadnought Resources Ltd 0.016 -6% 0% -1% $59,722,240 KFM Kingfisher Mining 0.07 4% -13% -8% $3,437,760 AOA Ausmon Resorces 0.0025 0% 25% 0% $2,647,498 WC1 Westcobarmetals 0.053 -4% 33% -2% $6,481,918 GRL Godolphin Resources 0.03 7% 7% -1% $5,348,495 DM1 Desert Metals 0.02 -5% -17% -3% $5,839,365 PTR Petratherm Ltd 0.022 16% -12% -1% $4,944,525 ITM Itech Minerals Ltd 0.076 0% 3% -3% $9,293,551 KTA Krakatoa Resources 0.016 -11% 60% -2% $8,025,823 M24 Mamba Exploration 0.021 0% 0% -3% $3,865,728 LNR Lanthanein Resources 0.005 0% 0% -1% $12,218,181 TKM Trek Metals Ltd 0.042 5% -2% 0% $21,565,860 BCA Black Canyon Limited 0.12 0% 20% -2% $8,416,975 CDT Castle Minerals 0.006 20% 0% 0% $7,346,958 DLI Delta Lithium 0.295 -11% 2% -18% $210,455,107 A11 Atlantic Lithium 0.475 16% 23% 8% $292,351,074 KNI Kunikolimited 0.21 -5% -16% -9% $19,494,960 CY5 Cygnus Metals Ltd 0.071 -13% -25% -6% $22,295,295 WR1 Winsome Resources 1.245 -10% -7% 20% $246,112,716 LLI Loyal Lithium Ltd 0.245 -2% -9% -7% $21,775,935 BC8 Black Cat Syndicate 0.365 14% 33% 12% $104,908,171 BUR Burleyminerals 0.13 -13% 117% -4% $21,051,932 PBL Parabellumresources 0.043 2% -17% -3% $2,678,900 L1M Lightning Minerals 0.085 1% -15% -6% $4,224,897 WA1 Wa1Resourcesltd 20.19 -4% 12% 779% $1,227,340,644 EV1 Evolutionenergy 0.064 -2% -14% -8% $16,717,897 1AE Auroraenergymetals 0.09 0% 3% -3% $15,757,609 RVT Richmond Vanadium 0.28 4% 0% 0% $23,707,147 PMT Patriotbatterymetals 0.875 -12% 17% -25% $527,286,872 PAT Patriot Lithium 0.08 -1% -19% -10% $7,420,463 BM8 Battery Age Minerals 0.15 0% 58% -4% $14,883,862 OM1 Omnia Metals Group 0.078 0% 0% 0% $4,550,568 VHM Vhmlimited 0.48 -3% -6% -23% $71,703,129 LLL Leolithiumlimited 0.505 0% 0% 0% $498,553,663 SRN Surefire Rescs NL 0.01 0% 0% 0% $18,869,924 SRL Sunrise 0.505 -14% -30% 5% $50,076,261 SYR Syrah Resources 0.455 -12% -8% -18% $407,518,818 EG1 Evergreenlithium 0.09 -6% -8% -10% $5,060,700 WSR Westar Resources 0.01 0% -9% -1% $2,600,642 LU7 Lithium Universe Ltd 0.018 0% -45% -2% $8,614,131 MEI Meteoric Resources 0.185 -5% -18% -8% $388,073,370 REC Rechargemetals 0.039 8% 15% -6% $5,447,909 SLM Solismineralsltd 0.1 -17% 0% -5% $8,129,809 DYM Dynamicmetalslimited 0.17 -8% -11% 3% $6,120,000 TOR Torque Met 0.2 -5% 43% -2% $37,561,904 ICL Iceni Gold 0.071 -1% 163% 2% $18,002,229 TMX Terrain Minerals 0.004 14% 0% 0% $4,295,012 MHC Manhattan Corp Ltd 0.002 -20% 0% 0% $5,873,960 MHK Metalhawk. 0.06 9% -3% -8% $6,040,200 ANX Anax Metals Ltd 0.042 -5% 68% 1% $25,426,635 FIN FIN Resources Ltd 0.013 18% -28% -1% $8,440,493 LM1 Leeuwin Metals Ltd 0.073 4% 12% -7% $3,513,875 HAW Hawthorn Resources 0.068 -3% -1% -3% $23,451,093 LCY Legacy Iron Ore 0.015 -6% -6% 0% $115,703,224 RON Roninresourcesltd 0.13 0% 13% -6% $4,787,251 ASR Asra Minerals Ltd 0.007 40% 0% 0% $11,647,970 PFE Panteraminerals 0.05 -4% 35% 0% $13,140,162 KM1 Kalimetalslimited 0.39 -4% -3% 0% $30,536,838 LTM Arcadium Lithium PLC 6.72 -6% 12% -449% $2,693,977,209

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Notable gainers over the past week 

Forrestania Resources (ASX:FRS) +121% (Okay, this one’s up on an iron ore acquisition, but it’s on the hunt for lithium, nickel and gold, too.)

RareX (ASX:REE) +43%

Asra Minerals (ASX:ASR) +40%

Prospect Resources (ASX:PSC) +33%

Australasian Metals (ASX:A8G) +25%

Pursuit Minerals (ASX:PUR) +25%

 

At Stockhead we tell it like it is. While LRD, PUR and CUF are Stockhead advertisers, they did not sponsor this article. 

 

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