High Voltage: Exxon lithium pivot to push lithium narrative into overdrive; EV sales surge in Europe

Oil and gas titan ExxonMobil reveals big bold lithium-producing plans
Despite recent bearish lithium spot prices, EV sales are surging in Europe
S&P Global believes lithium supply will need to increase 270% to meet future demand
Weekly ASX battery metal gainers led by: AZL, WML, ASR

Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, graphite, cobalt, nickel, rare earths, manganese, magnesium, and vanadium.

If you’re a battery metals investor, there are several reasons to be optimistic about the future of the sector, or at least awake to it. Here are three…

1. Fossil fuels beast Exxon’s big shift into lithium

2. Growing evidence of long-term EV demand with sales picking up

3. Follow-the-money M&A activity in the Aussie lithium scene

And there’s more besides, too. The ducks seem to be lining up for battery metal hunters and producers – you just need to look at the big picture is all.

The “exponential age” is that big, wide-angle lens picture – one that encompasses rapidly accelerating technologies – artificial intelligence, machine learning, biotech, blockchain, clean, efficient energy narratives and more.

Battery metals mining and production and electric-powered vehicles (EVs) very much slots into the “and more” part. Which is not to say it’s not a massive part of the very near future.

American oil and gas energy major ExxonMobil has certainly woken in a cold sweat from its electric dreaming. It’s been known for a while it’s been shifting towards the EV narrative and has now confirmed it’s making a major move into the sector – lithium hunting and producing.

Meanwhile S&P Global sees the neon writing on the wall, too, citing exciting stats in its latest research, which we’ll touch on further below.

Exxon’s head-turning lithium pivot

ExxonMobil announced this week that it plans to start lithium production in Arkansas by 2027, which marks a dramatic shift back into the lithium battery space.

We say ‘back’, because the lithium-ion battery was invented by an Exxon research scientist in the 1970s, before the company decided back then it was an un-scalable narrative, and that fossil fuels were absolutely the way to go for multiple decades.

It’s multiple decades later and Exxon has dubbed its new plan “Project Evergreen”. This is set to involve a partnership with Tetra Technologies to produce battery-ready lithium in bulk.

Earlier this year, ExxonMobil CEO Darren Woods told CNBC that his company expects all new car sales to be electric by 2040. Tesla’s Elon Musk, by the way, has a closer target for that – about 2035.

In early 2023, ExxonMobil gained the rights to 120,000 acres of the Smackover formation in southern Arkansas – “considered one of the most prolific lithium resources of its type in North America” says the company.

Exxon stated on Monday that it’s talking with “potential customers” in the electric vehicle and battery making space. And, by the start of the next decade, the company plans to produce “enough lithium to supply the manufacturing needs of well over a million EVs per year”.

That’s our italicisation there… and it works best if you can imagine it in a Dr Evil voice.

ExxonMobil has begun drilling for Lithium in Arkansas. How quickly will Exxon start processing lithium here in the U.S. for EV batteries. Watch, CNBC’s full interview with Exxon Mobil’s Dan Ammann @CNBC https://t.co/P1T8yGAsvS

— Phil LeBeau (@Lebeaucarnews) November 13, 2023

Exxon executive Dan Ammann told CNBC this week, too, that the company wants “to get in early” on domestic lithium mining.

And that desire to be a relatively early mover comes as the US and European governments, not to mention other global govs including Australia, begin to ramp up promotion of EVs and reducing fossil fuel consumption. Case in point, this…

Canberra’s Parliament House is poised to become a hub for electric vehicle power after the launch of 10 charging stations and plans to install more than 50..https://t.co/JChGaOvbVL

— The Driven (@TheDriven_io) November 13, 2023

There are about 280 million vehicles in the US today, and fewer than 3 million are EVs, or about 1% of the total, Ammann said.

“There is still 99% to go, which suggests it is a very, very big opportunity,” he added. “In the long term, lithium really is a global opportunity.”

Exxon will be going the briny route for its lithium hunt in areas of Arkansas renowned for large lithium-rich saltwater deposits.

It will reportedly be using oil and gas drilling methods to access reservoirs more than 3,000m underground and will then use direct lithium extraction (DLE) tech to separate the lithium from the brine.

Ammann reckons the company’s approach will represent “far fewer environmental impacts than traditional mining operations”, which is a statement that would no doubt infuriate aquatic ecologists.

Still, a chunk of the opportunity is there for Exxon to seize, as the US has just one commercial-scale lithium mining site – run by chemical manufacturing titan Albemarle, in Nevada.

A “global opportunity”, it is indeed, though – and the race is on.

(A lot) more lithium needed: S&P Global

In S&P Global’s most recent Commodity Insights report, a few things jumped out at us, the following absolutely being one of them:

“S&P Global Mobility has forecast that an over 270% increase of lithium production levels is needed to meet forecast demand from the EV battery sector by 2030.”

That’s getting on for almost quadrupling current production levels for an expected boom in uptake of EVs by the beginning of the next decade.

Obviously Exxon wants to be a big part of that, as does a plethora of Aussie resources companies.

And we’re not forgetting this neat recent infographic from Visual Capitalist, which suggests that by 2030, the way things are potentially going, demand for lithium will outstrip supply by 46%.

Lithium is one of the world’s most critical natural resources and is central to our push toward sustainable energy

Our sponsor @energyx asks: with over 350M EVs expected to be sold globally by 2030, can we meet tomorrow’s lithium demand?

Find out: https://t.co/u6IlifjAyU pic.twitter.com/TyAazAdSve

— Visual Capitalist (@VisualCap) October 27, 2023

The shorter-term story in the sector, though, as S&P Global notes is one of oversupply:

“The market is currently considered to be in a short-term supply surplus amid better-than-expected progress from eight projects that were due to come online in 2023 located in Australia, Brazil, China and Canada, and two each in Zimbabwe and Argentina,” reads the report.

“High supply chain inventories and consumer spending constrained by a weak macroeconomic environment” have played their parts.

S&P Global also notes, though, that despite recent bearish spot price sentiment for lithium, “there has been a surge of M&A activity in the lithium market as established players look to buy promising junior miners to secure lithium supply”.

Liontown Resources (ASX:LTR) , Wildcat Resources (ASX:WC8) and Delta Lithium (ASX:DLI), for example – as regular readers of Stockhead will be fully aware by now.

Meanwhile, EV sales are actually surging in Europe

Okay, yeah, there’s this, too, from a World Economic Forum report this week, dated November 13.

“Electric vehicle (EV) sales are surging, especially in Europe, where the market grew by 62% in the past 12 months.”

But…

“Mass-market EV adoption still faces barriers such as their high cost and lack of charging infrastructure.”

And…

“Supply chain issues also need to be addressed to ensure the production and affordability of electric cars, a goal that the World Economic Forum’s Resilient and Sustainable Automotive Value Chains initiative supports.”

Righto, WEF – where are you getting that Euro stat? Bloomberg. Which got it from the European Automobile Manufacturers Association (ACEA).

At Stockhead‘s High Voltage, we’re proudly first with the fourth-hand news (collated neatly we hope, with the eyes picked out for your benefit.)

“For the 12 months to July 2023, the region saw a surge of 62% in EV sales,” wrote Andrea Willigie for the WEF… “while diesel sales dropped by 9%, Bloomberg reports…

“In Germany, registrations in July 2023 alone jumped up by nearly 70%, with France and Spain also seeing double-digit growth.”

Here’s a colourful graphic:

And as for other battery metals?

S&P Global says that nickel and cobalt are also expected to be critical, but at a lesser degree to lithium “as deployment of iron-based chemistries will remedy their potential shortage”.

“In the longer term,” notes the report, “the entry and premium EV segments are consolidating toward two battery chemistries – lithium iron phosphate, or LFP, and nickel-cobalt-manganese.

“For light-duty vehicles, high-nickel NCM batteries are forecast to take a near-50% market share by 2030, with LFP and LMFP – or LFP batteries with a higher manganese component – taking close to 30% share by 2030.”

Like “spot lithium”, the price of cobalt, meanwhile, remains under pressure due to supply surplus.

“A surplus in the cobalt market is expected to persist until 2025, with growing supply of cobalt from the Democratic Republic of Congo and Indonesia keeping prices under pressure,” says S&P Global”.

Battery metals form guide

Here’s a snapshot of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese, and vanadium are performing lately>>>

Battery metals stocks missing from our list? Shoot a mail to [email protected]

(Note: table’s data accurate as of 11am, Nov 15.)

Code Company Price % Week % Month % Year % YTD Market Cap VIA Viagold Rare Earth 0 -100% -100% -100% -200% $166,624,808 PVW PVW Res Ltd 0.055 -4% -19% -56% -4% $5,577,263 A8G Australasian Metals 0.18 6% -12% -25% -1% $9,381,689 INF Infinity Lithium 0.12 41% 33% -44% 0% $55,511,051 LPI Lithium Pwr Int Ltd 0.53 0% 22% -9% 9% $337,092,437 PSC Prospect Res Ltd 0.091 0% 21% -9% -3% $42,065,611 PAM Pan Asia Metals 0.155 7% -23% -61% -26% $25,888,322 CXO Core Lithium 0.375 3% 0% -80% -65% $801,350,829 LOT Lotus Resources Ltd 0.28 14% 30% 17% 8% $481,927,098 AGY Argosy Minerals Ltd 0.145 -15% -24% -79% -43% $203,639,087 AZS Azure Minerals 4.04 4% 68% 1396% 382% $1,852,350,148 NWC New World Resources 0.033 27% 14% -3% 0% $74,637,487 QXR Qx Resources Limited 0.032 23% 19% -48% -1% $35,383,291 GSR Greenstone Resources 0.007 -13% -22% -71% -3% $9,557,914 CAE Cannindah Resources 0.098 3% -11% -60% -14% $56,651,835 AZL Arizona Lithium Ltd 0.046 100% 207% -44% -2% $152,664,157 HNR Hannans Ltd 0.007 0% 0% -67% -1% $19,115,984 COB Cobalt Blue Ltd 0.27 6% 13% -57% -32% $101,353,165 ESS Essential Metals Ltd 0.5 0% 4% 1% 18% $135,278,382 LPD Lepidico Ltd 0.009 0% -22% -53% -1% $68,744,772 MRD Mount Ridley Mines 0.002 0% 100% -60% 0% $15,569,766 CZN Corazon Ltd 0.016 14% 14% -6% -1% $9,849,566 LKE Lake Resources 0.17 -6% -13% -86% -63% $241,815,600 DEV Devex Resources Ltd 0.255 0% -15% -9% -3% $112,503,621 INR Ioneer Ltd 0.145 -15% -26% -77% -24% $306,154,761 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% 0% $2,752,409,203 MAN Mandrake Res Ltd 0.036 0% 0% -23% 0% $21,555,357 RLC Reedy Lagoon Corp. 0.005 25% -17% -53% 0% $3,083,418 GBR Greatbould Resources 0.063 -5% 0% -35% -3% $31,985,839 FRS Forrestaniaresources 0.029 -19% -17% -86% -11% $2,966,747 STK Strickland Metals 0.155 -3% 55% 230% 12% $252,349,541 MLX Metals X Limited 0.285 0% 4% -8% -10% $258,570,829 CLA Celsius Resource Ltd 0.011 10% -8% 0% -1% $24,706,568 FGR First Graphene Ltd 0.07 -9% -33% -44% -4% $42,753,561 HXG Hexagon Energy 0.01 11% 11% -41% -1% $5,129,159 TLG Talga Group Ltd 1.13 10% 1% -19% -27% $407,652,214 MNS Magnis Energy Tech 0.051 -37% -31% -88% -32% $61,174,406 OZL OZ Minerals 0 -100% -100% -100% -2617% $8,918,404,433 PLL Piedmont Lithium Inc 0.415 -3% -25% -58% -23% $152,569,272 EUR European Lithium Ltd 0.079 -2% 13% -17% 1% $110,144,895 BKT Black Rock Mining 0.1 -13% 12% -39% -4% $109,731,964 QEM QEM Limited 0.19 -10% -5% 0% 1% $28,764,425 LYC Lynas Rare Earths 7.02 0% 3% -23% -83% $6,561,449,507 ESR Estrella Res Ltd 0.006 0% -14% -40% -1% $10,554,431 ARL Ardea Resources Ltd 0.53 -2% -10% -44% -18% $103,170,815 GLN Galan Lithium Ltd 0.595 -1% -14% -64% -48% $210,167,257 JRL Jindalee Resources 1 -17% -42% -58% -89% $60,315,117 VUL Vulcan Energy 2.45 -5% -11% -69% -388% $412,421,487 SBR Sabre Resources 0.047 27% 31% 4% 1% $16,787,872 CHN Chalice Mining Ltd 1.63 -10% -23% -66% -467% $634,010,186 VRC Volt Resources Ltd 0.007 0% -13% -63% -1% $28,507,967 NMT Neometals Ltd 0.26 11% -24% -76% -54% $143,860,064 AXN Alliance Nickel Ltd 0.056 -7% 2% -28% -4% $40,647,018 PNN Power Minerals Ltd 0.245 -2% -2% -58% -29% $21,110,714 IGO IGO Limited 8.97 -6% -23% -46% -449% $6,792,692,283 GED Golden Deeps 0.053 6% 2% -47% -4% $6,122,684 ADV Ardiden Ltd 0.006 20% 0% -40% 0% $16,130,012 SRI Sipa Resources Ltd 0.021 0% 11% -53% -1% $4,791,321 NTU Northern Min Ltd 0.031 -3% 7% -23% -1% $183,240,357 AXE Archer Materials 0.4 -7% -9% -39% -22% $101,938,805 PGM Platina Resources 0.026 -4% 8% 37% 1% $16,202,689 AAJ Aruma Resources Ltd 0.033 3% -3% -57% -2% $6,497,420 IXR Ionic Rare Earths 0.026 30% 8% -38% -1% $102,858,728 NIC Nickel Industries 0.795 -3% -1% -15% -18% $3,407,218,855 EVG Evion Group NL 0.036 -3% 16% -64% -4% $12,454,531 CWX Carawine Resources 0.105 0% -21% 24% 1% $20,665,834 PLS Pilbara Min Ltd 3.51 -4% -15% -34% -24% $10,563,213,937 HAS Hastings Tech Met 0.81 -4% 11% -78% -271% $104,786,988 BUX Buxton Resources Ltd 0.185 -16% -12% 48% 7% $31,911,925 ARR American Rare Earths 0.15 11% 15% -27% -4% $66,963,495 SGQ St George Min Ltd 0.039 -13% -3% -49% -3% $36,809,687 TKL Traka Resources 0.0045 -10% -25% -10% 0% $3,938,982 PAN Panoramic Resources 0.035 6% -8% -81% -14% $103,937,992 PRL Province Resources 0.041 0% 0% -48% -2% $48,441,219 IPT Impact Minerals 0.012 9% 20% 60% 1% $34,376,447 LIT Lithium Australia 0.033 3% 3% -33% -1% $40,332,325 AKE Allkem Limited 8.62 -7% -26% -47% -262% $5,510,949,546 ARN Aldoro Resources 0.083 -3% -13% -78% -8% $11,173,771 JRV Jervois Global Ltd 0.034 -6% -11% -92% -24% $91,885,703 MCR Mincor Resources NL 0 -100% -100% -100% -151% $751,215,521 SYR Syrah Resources 0.73 -5% 51% -71% -133% $493,405,343 FBM Future Battery 0.089 -5% -26% 59% 4% $45,381,633 ADD Adavale Resource Ltd 0.0085 6% -23% -69% -1% $6,208,139 LTR Liontown Resources 1.505 -5% -46% -32% 19% $3,621,645,259 CTM Centaurus Metals Ltd 0.48 -6% -9% -59% -64% $236,599,863 VML Vital Metals Limited 0.01 0% 0% -67% -1% $53,061,498 BSX Blackstone Ltd 0.094 3% -18% -41% -4% $44,526,757 POS Poseidon Nick Ltd 0.017 0% 0% -61% -2% $63,039,020 CHR Charger Metals 0.34 19% 143% -49% -11% $21,118,885 AVL Aust Vanadium Ltd 0.024 0% -11% -20% 0% $119,246,563 AUZ Australian Mines Ltd 0.0145 12% 4% -79% -4% $10,941,481 TMT Technology Metals 0.225 0% -12% -37% -13% $57,214,346 RXL Rox Resources 0.21 -6% -7% 20% 4% $75,606,733 RNU Renascor Res Ltd 0.16 -11% 39% -42% -6% $406,305,200 GL1 Globallith 1.285 4% -5% -47% -56% $334,020,586 BRB Breaker Res NL 0 -100% -100% -100% -32% $158,126,031 ASN Anson Resources Ltd 0.175 6% 21% -34% -1% $225,004,355 SYA Sayona Mining Ltd 0.08 0% -13% -69% -11% $823,463,681 FFX Firefinch Ltd 0.2 0% 0% 0% 0% $236,569,315 EGR Ecograf Limited 0.205 5% 64% -45% -2% $92,781,335 ATM Aneka Tambang 1.185 0% 0% 19% 29% $1,544,824 TVN Tivan Limited 0.074 -13% 3% -16% 0% $116,237,629 ALY Alchemy Resource Ltd 0.011 0% 10% -62% -1% $12,958,839 GAL Galileo Mining Ltd 0.305 5% -6% -75% -58% $60,275,603 BHP BHP Group Limited 46.02 1% 2% 5% 39% $233,263,404,998 LEL Lithenergy 0.58 -11% 4% -48% -19% $59,745,800 MMC Mitremining 0.24 14% 0% 33% -4% $10,884,024 RMX Red Mount Min Ltd 0.004 0% 0% -11% 0% $10,694,304 GW1 Greenwing Resources 0.14 0% -3% -63% -14% $24,395,207 AQD Ausquest Limited 0.011 0% -8% -35% -1% $9,076,641 LML Lincoln Minerals 0.007 0% -13% 2% 0% $11,856,917 1MC Morella Corporation 0.006 20% 9% -67% -1% $36,981,556 REE Rarex Limited 0.03 3% 0% -43% -2% $20,501,597 MRC Mineral Commodities 0.0325 -2% 10% -50% -3% $27,959,952 PUR Pursuit Minerals 0.01 11% 25% -17% -1% $29,439,714 QPM Queensland Pacific 0.055 -4% -15% -69% -6% $110,687,655 EMH European Metals Hldg 0.61 1% -2% -36% -3% $77,392,969 BMM Balkanminingandmin 0.145 21% -15% -52% -19% $9,977,040 PEK Peak Rare Earths Ltd 0.4 5% -1% -6% -5% $105,856,586 LEG Legend Mining 0.021 0% -22% -45% -2% $60,994,021 MOH Moho Resources 0.008 14% 0% -65% -1% $2,720,355 AML Aeon Metals Ltd. 0.008 -33% -47% -75% -2% $8,771,205 G88 Golden Mile Res Ltd 0.026 13% 30% 12% 1% $8,564,127 WKT Walkabout Resources 0.145 -6% 32% -16% 1% $96,679,482 TON Triton Min Ltd 0.023 -21% 10% -12% -1% $35,911,271 AR3 Austrare 0.19 -5% -5% -51% -21% $29,291,533 ARU Arafura Rare Earths 0.19 -5% -16% -46% -28% $401,539,291 MIN Mineral Resources. 59.82 0% -5% -29% -1738% $11,676,052,123 VMC Venus Metals Cor Ltd 0.1 -9% -13% 27% 2% $18,972,868 S2R S2 Resources 0.175 -5% -19% 17% 1% $71,766,016 CNJ Conico Ltd 0.004 -20% -20% -56% 0% $6,280,380 VR8 Vanadium Resources 0.042 -7% -16% -35% -2% $22,603,399 PVT Pivotal Metals Ltd 0.021 5% 5% -48% -2% $11,505,234 BOA Boadicea Resources 0.042 8% 8% -58% -6% $5,169,793 IPX Iperionx Limited 1.5 1% 12% 108% 81% $326,203,635 SLZ Sultan Resources Ltd 0.015 -6% -21% -84% -7% $2,222,851 NKL Nickelxltd 0.063 13% 3% -40% -2% $5,532,356 NVA Nova Minerals Ltd 0.25 -7% -2% -72% -43% $52,722,490 MLS Metals Australia 0.037 3% 12% -5% -1% $23,089,339 MQR Marquee Resource Ltd 0.029 7% 7% -48% -1% $11,988,147 MRR Minrex Resources Ltd 0.015 0% -12% -68% -2% $16,273,013 EVR Ev Resources Ltd 0.011 10% -21% -48% 0% $10,392,578 EFE Eastern Resources 0.011 38% 10% -74% -2% $13,661,411 CNB Carnaby Resource Ltd 0.64 -16% -25% -28% -30% $104,221,656 BNR Bulletin Res Ltd 0.165 -6% 38% 18% 7% $48,442,532 AX8 Accelerate Resources 0.05 22% 67% 72% 3% $23,600,110 AM7 Arcadia Minerals 0.089 39% -15% -69% -12% $9,705,459 AS2 Askarimetalslimited 0.19 15% 0% -58% -25% $14,639,540 BYH Bryah Resources Ltd 0.019 58% 41% -23% -1% $6,813,500 DTM Dart Mining NL 0.02 11% -8% -73% -3% $3,876,911 EMS Eastern Metals 0.033 10% 6% -74% -4% $2,720,066 FG1 Flynngold 0.08 19% 33% -24% -2% $10,910,607 GSM Golden State Mining 0.021 31% -43% -54% -2% $4,012,854 IMI Infinitymining 0.12 9% -11% -56% -16% $9,343,166 LRV Larvottoresources 0.12 -14% -4% -35% -4% $8,070,567 LSR Lodestar Minerals 0.004 -20% -20% -20% 0% $8,093,589 RAG Ragnar Metals Ltd 0.024 -8% 0% 26% 1% $11,375,543 CTN Catalina Resources 0.0035 -13% -13% -61% -1% $4,334,704 TMB Tambourahmetals 0.15 -6% 20% -25% 5% $12,441,053 TEM Tempest Minerals 0.011 47% 29% -58% -1% $5,625,218 EMC Everest Metals Corp 0.098 13% -22% -2% 2% $16,001,745 WML Woomera Mining Ltd 0.022 83% 120% 57% 0% $26,261,280 KZR Kalamazoo Resources 0.12 4% 24% -53% -9% $20,564,337 LMG Latrobe Magnesium 0.052 13% 11% -38% -3% $94,965,468 KOR Korab Resources 0.016 7% 0% -54% -1% $5,872,800 CMX Chemxmaterials 0.081 4% 0% -55% -10% $4,311,837 NC1 Nicoresourceslimited 0.335 5% -8% -41% -28% $35,677,693 GRE Greentechmetals 0.725 13% 159% 418% 59% $46,960,666 CMO Cosmometalslimited 0.05 0% -4% -64% -9% $1,734,833 FRB Firebird Metals 0.175 17% 21% -13% 2% $16,137,625 S32 South32 Limited 3.17 -2% -9% -27% -83% $14,357,749,661 OMH OM Holdings Limited 0.445 -3% -6% -39% -25% $328,687,385 JMS Jupiter Mines. 0.18 -5% -5% 0% -4% $352,618,386 E25 Element 25 Ltd 0.445 16% 9% -69% -44% $96,800,999 EMN Euromanganese 0.11 10% -15% -67% -25% $27,039,703 KGD Kula Gold Limited 0.014 -7% 8% -67% -1% $5,224,967 LRS Latin Resources Ltd 0.225 -18% -24% 105% 13% $623,813,895 CRR Critical Resources 0.031 19% -16% -47% -1% $55,113,359 ENT Enterprise Metals 0.004 33% 0% -56% -1% $3,197,884 SCN Scorpion Minerals 0.053 4% -4% -24% -2% $18,375,428 GCM Green Critical Min 0.0065 -7% -7% -46% -1% $7,387,803 ENV Enova Mining Limited 0.007 17% 0% -36% -1% $4,486,505 RBX Resource B 0.11 -15% -21% 22% 3% $9,095,293 AKN Auking Mining Ltd 0.039 -3% -32% -61% -6% $7,960,045 RR1 Reach Resources Ltd 0.006 -50% -50% 20% 0% $19,261,783 EMT Emetals Limited 0.007 0% 0% -59% 0% $5,950,000 PNT Panthermetalsltd 0.075 3% 6% -60% -11% $4,586,250 WIN Widgienickellimited 0.1625 -4% -21% -58% -17% $48,416,071 WMG Western Mines 0.28 -2% -14% 143% 12% $18,677,833 AVW Avira Resources Ltd 0.002 100% 0% -33% 0% $4,267,580 CAI Calidus Resources 0.17 -6% 13% -59% -10% $103,740,291 GT1 Greentechnology 0.42 2% -13% -62% -41% $89,450,560 KAI Kairos Minerals Ltd 0.017 0% -15% -42% 0% $44,555,507 MTM MTM Critical Metals 0.024 4% -27% -76% -6% $2,384,090 NWM Norwest Minerals 0.03 -2% 3% -47% -2% $8,627,085 PGD Peregrine Gold 0.28 -5% 12% -38% -11% $15,807,848 RAS Ragusa Minerals Ltd 0.05 11% 35% -76% -7% $7,129,939 RGL Riversgold 0.013 44% 0% -68% -2% $12,366,399 SRZ Stellar Resources 0.009 -10% -18% -28% 0% $9,883,678 STM Sunstone Metals Ltd 0.0165 -8% 3% -45% -2% $50,852,751 ZNC Zenith Minerals Ltd 0.17 42% 70% -40% -10% $59,904,750 WC8 Wildcat Resources 0.78 -12% 81% 2789% 76% $811,862,614 ASO Aston Minerals Ltd 0.035 -3% -8% -50% -5% $45,327,249 THR Thor Energy PLC 0.026 -7% -4% -74% -3% $4,848,800 YAR Yari Minerals Ltd 0.017 -11% 31% -19% 0% $8,200,083 IG6 Internationalgraphit 0.19 9% 15% -42% -8% $16,907,741 LPM Lithium Plus 0.51 -2% 9% -23% 14% $43,853,982 ODE Odessa Minerals Ltd 0.008 -11% -20% -50% -1% $7,576,895 KOB Kobaresourceslimited 0.084 25% 11% -58% -6% $8,855,000 AZI Altamin Limited 0.059 -9% -6% -34% -2% $23,111,288 FTL Firetail Resources 0.1 -5% 3% -43% -6% $14,890,556 LNR Lanthanein Resources 0.007 -13% -13% -82% -1% $7,851,029 CLZ Classic Min Ltd 0.001 0% 0% -92% -1% $12,357,082 NVX Novonix Limited 0.715 -6% 5% -74% -76% $349,356,289 OCN Oceanalithiumlimited 0.125 19% -26% -80% -22% $6,634,563 SUM Summitminerals 0.115 22% 5% -47% -3% $5,480,570 DVP Develop Global Ltd 2.85 -10% -10% 9% -33% $690,340,523 XTC Xantippe Res Ltd 0.001 0% 0% -76% 0% $17,528,005 OD6 Od6Metalsltd 0.19 6% 19% -60% -15% $10,452,944 HRE Heavy Rare Earths 0.092 15% 28% -49% -2% $5,564,890 LIN Lindian Resources 0.165 -8% -15% -20% 1% $190,067,169 PEK Peak Rare Earths Ltd 0.4 5% -1% -6% -5% $105,856,586 ILU Iluka Resources 7.15 -3% -4% -28% -238% $3,046,130,959 ASM Ausstratmaterials 1.65 0% 12% -15% 22% $275,179,139 ETM Energy Transition 0.034 3% -11% -29% -3% $47,602,033 VMS Venture Minerals 0.011 10% 10% -56% -1% $21,450,143 IDA Indiana Resources 0.06 7% 3% 3% 1% $36,746,224 VTM Victory Metals Ltd 0.23 -15% -2% 28% 1% $18,606,921 M2R Miramar 0.022 16% -50% -77% -5% $3,275,130 WCN White Cliff Min Ltd 0.011 10% -15% -39% 0% $13,827,204 TAR Taruga Minerals 0.01 0% 0% -71% -1% $7,060,268 ABX ABX Group Limited 0.075 12% 0% -48% -4% $18,175,561 MEK Meeka Metals Limited 0.036 -5% -3% -49% -3% $42,694,522 RR1 Reach Resources Ltd 0.006 -50% -50% 20% 0% $19,261,783 DRE Dreadnought Resources Ltd 0.034 3% -24% -66% -7% $117,536,140 KFM Kingfisher Mining 0.155 11% -9% -71% -32% $8,325,825 AOA Ausmon Resorces 0.003 0% 0% -50% 0% $3,020,998 WC1 Westcobarmetals 0.065 12% -14% -72% -11% $6,313,688 GRL Godolphin Resources 0.035 -3% -5% -61% -5% $5,923,471 DM1 Desert Metals 0.04 5% 0% -88% -16% $2,901,643 PTR Petratherm Ltd 0.05 9% -2% -9% -1% $11,237,557 ITM Itech Minerals Ltd 0.155 7% 32% -45% -11% $18,938,452 KTA Krakatoa Resources 0.042 45% 121% -29% 0% $18,265,713 M24 Mamba Exploration 0.03 3% -33% -76% -12% $1,829,500 LNR Lanthanein Resources 0.007 -13% -13% -82% -1% $7,851,029 TKM Trek Metals Ltd 0.052 13% 58% -48% -2% $25,877,284 BCA Black Canyon Limited 0.14 -7% -3% -45% -10% $9,239,212 CDT Castle Minerals 0.011 -8% 10% -50% -1% $13,307,173 DLI Delta Lithium 0.506688 -11% -26% -19% 4% $270,452,129 A11 Atlantic Lithium 0.385 -7% -26% -57% -24% $235,713,039 KNI Kunikolimited 0.265 -12% -12% -56% -25% $22,765,161 CY5 Cygnus Metals Ltd 0.16 -6% 0% -73% -22% $46,406,822 WR1 Winsome Resources 1.24 -6% 0% 48% 1% $220,217,855 LLI Loyal Lithium Ltd 0.425 -6% -21% -38% 13% $34,603,975 BC8 Black Cat Syndicate 0.28 37% 44% -21% -8% $85,054,296 BUR Burleyminerals 0.21 -5% 31% -13% -1% $21,272,319 PBL Parabellumresources 0.345 0% 0% -36% 1% $18,879,263 L1M Lightning Minerals 0.14 17% 4% 0% -3% $5,701,509 WA1 Wa1Resourcesltd 10.23 9% 116% 478% 884% $435,027,681 EV1 Evolutionenergy 0.14 -3% -3% -49% -9% $24,550,784 1AE Auroraenergymetals 0.099 4% -1% -54% -5% $15,761,486 RVT Richmond Vanadium 0.36 -5% -3% 0% 13% $31,034,810 PMT Patriotbatterymetals 1.04 -6% -14% 0% 29% $408,716,152 PAT Patriot Lithium 0.215 2% 26% 0% -5% $13,735,813 BM8 Battery Age Minerals 0.2 0% -13% -60% -30% $17,827,378 OM1 Omnia Metals Group 0.078 0% 0% -46% -8% $3,786,192 VHM Vhmlimited 0.51 10% 11% 0% 0% $78,497,224 LLL Leolithiumlimited 0.505 0% 0% -18% 2% $498,553,663 SRN Surefire Rescs NL 0.01 -9% -23% -17% 0% $18,367,531 SRL Sunrise 0.685 -2% -9% -65% -124% $61,805,836 SYR Syrah Resources 0.73 -5% 51% -71% -133% $493,405,343 EG1 Evergreenlithium 0.18 3% -31% 0% 0% $10,121,400 WSR Westar Resources 0.02 18% -5% -57% -3% $3,707,150 LU7 Lithium Universe Ltd 0.038 -5% -22% 27% 1% $14,763,832 MEI Meteoric Resources 0.24 -2% 20% 1614% 19% $466,477,710 REC Rechargemetals 0.135 8% -18% -18% 0% $15,032,516 SLM Solismineralsltd 0.21 -19% -24% 223% 14% $16,348,228 DYM Dynamicmetalslimited 0.18 -12% -3% 0% 0% $6,300,000 TOR Torque Met 0.18 -8% -47% 0% 0% $23,566,335 ICL Iceni Gold 0.06 2% -17% 5% -2% $14,391,429 TMX Terrain Minerals 0.0045 13% 13% -36% 0% $6,090,425 MHC Manhattan Corp Ltd 0.004 -20% 0% -43% 0% $11,747,919 MHK Metalhawk. 0.18 -14% 114% -14% 2% $14,178,782 ANX Anax Metals Ltd 0.033 14% -6% -38% -2% $15,870,282 FIN FIN Resources Ltd 0.033 10% 43% 57% 1% $21,422,567 LM1 Leeuwin Metals Ltd 0.305 13% -6% 0% 0% $13,659,425 HAW Hawthorn Resources 0.099 -1% 9% 15% -2% $33,166,546 ASR Asra Minerals 0.014 75% 75% -30% -30% $20,250,000 RON Ronin Resources 0.185 48% 32% 15% 12% $6,330,000 LCY Legacy Iron Ore 0.016 -6% -20% -6% 0% $102,509,219

WordPress Tables Plugin