Speculation regarding shutdown of huge Chinese lithium mine raises industry’s eyebrows
Low lithium prices are ‘unsustainable’ says Albemarle boss
ASX battery metal leaders over the past seven days include: ARR, SYA, AUZ
Another lithium-heavy battery metals roundup – February 20.
Early this week, the lithium sector – noticeably the Aussie lithium sector actually – showed some signs of regaining a bit of lost ground.
That said… plenty of lithium stocks struggled late yesterday, including big guns Pilbara Minerals (ASX:PLS) and IGO (ASX:IGO), which ended down by around 3% each.
But let’s not divert from the glass-and-a-half-of-full-cream-lithium narrative too much, eh? You can see specific main weekly winners in the table further below, but Sayona Mining (ASX:SYA), Recharge Metals (ASX:REC), and Lake Resources (ASX:LKE) have been among the standouts over the past seven days.
As Professor Julius Sumner Miller used to say, in between cashing Cadbury’s ad cheques, “Why is it so?”
Well, we can tell you that this week at least, it’s possibly because of some fresh hopium emanating from China. And yes, professor, we know you don’t deal in possibilities…
CATL mine closure speculation fuels hopium
The latest news for lithium market bottom hopium hunters is that the huge Jianxiawo mine belonging to CATL – one of China’s largest battery manufacturers and downstream lithium suppliers – is potentially looking at a shutdown.
It’d be a huge disruption to the global lithium supply chain if true. Jianxiawo has historically produced a huge quantity of lepidolite, which is a lower-quality source for lithium compared with spodumene and brine.
This is still an unconfirmed rumour at this stage, reportedly fuelled by comments made by financial services firm Barrenjoey, which stated on Friday:
“CATL are apparently reluctant to continue production below 95,000RMB/t (~US$13,000/t) for lithium carbonate.”
Why is this potentially a good thing for Aussie lithium stocks and why did they indeed bounce a bit on the news?
It’s because it could, reportedly, remove roughly 3% of global supply and shift the market from a 1% surplus to a 2% deficit in 2024.
Strong-upside ramifications indeed, if it all proves to be the case.
The initial wider surge of Aussie lithium stocks based on this speculation has cooled off a tad for now, but the narrative might still have some legs to play out.
At this point, CATL is yet to confirm any shutdown or respond to questions Reuters subsequently put to it regarding the Barrenjoey-fuelled speculation.
Meanwhile…
Low lithium prices ‘unsustainable’, says Albemarle boss
Kent Masters, chairman, president, and CEO of huge US chemical manufacturing company Albemarle (the largest lithium producer on the planet) reportedly commented in the company’s earnings call this week that the current tanked lithium prices are “unsustainable”.
“For us to kind of reaccelerate, if you will, we’ll need to get a better view of what pricing is and the long-term view of that as well.
“So, we think that the prices today are unsustainable. They’re below operating cash levels of some assets that are currently operating. And they’re definitely below reinvestment levels,” said Masters.
The company also recorded better-than-expected revenues and earnings for 2023 for the company thanks to effective cost-cutting measures, despite the slumping market last year.
Also on the call, Eric Norris, president of lithium at Albemarle, noted:
“Inventory that we’re seeing is further downstream. It’s in the battery and EV level of supply chain. And that is affecting apparent demand to the lithium industry, albeit EVs are growing quite healthily, about 30% we see for the year going forward.”
News about closure of CATL high-cost lepidolite mine supported #lithiumstocks today. $SYA continues its mysterious rally on no news.
Lithium futures, spot carbonate and spodumene prices were in red today, while Chinese peers were mostly below the market index performance. pic.twitter.com/yg0dqkt61q
— Andrey Prykhodko (@Andr_rej) February 19, 2024
(Note, the above tweet was February 19. Sayona’s share price has dipped and narrative has since shifted somewhat. Our Josh Chiat has details on that here in his “No respite for Sayona as DFS draws yawns” section of the latest Monsters of Rock.)
Right then, how’s that lithium futures contango going, Juan Carlos Zuleta? Hmm… it’s actually doing the opposite and has slipped into “backwardation”.
However… the analyst notes this is not necessarily a sign of worse things to come. In fact, to the contrary:
“Traders are passing on futures because spot prices will go up soon,” he notes.
At market close today (15:00 China time), average #lithium carbonate futures fell by 1.44% being surpassed by average Li2CO3 spot prices by CNY 1,626, confirming backwardation for the 2nd trading day in a row. Traders are passing on futures because spot prices will go up soon. pic.twitter.com/5xOdeXJD9L
— Juan Carlos Zuleta (@jczuleta) February 19, 2024
No. It is the opposite. It means that there are low expectations about future prices. For 1 thing, this may only be a temporary phenomenon given the current upward pressure and trend in #lithium prices. For another, it may not prevent prices from rebounding in the next few days. https://t.co/8dxCEmBweC
— Juan Carlos Zuleta (@jczuleta) February 19, 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 5pm Feb 20.)
Stocks missing from this list? Email [email protected]
Code Company Price % Week % Month % Year Market Cap PVW PVW Res Ltd 0.034 -11% -24% -68% $3,447,762 A8G Australasian Metals 0.088 -20% -35% -55% $4,586,603 INF Infinity Lithium 0.079 0% -19% -31% $34,694,407 LPI Lithium Pwr Int Ltd 0.54 -1% -4% 44% $342,683,100 PSC Prospect Res Ltd 0.072 -6% -16% -60% $33,359,901 PAM Pan Asia Metals 0.16 0% -3% -56% $26,850,684 CXO Core Lithium 0.225 22% 7% -77% $502,179,853 LOT Lotus Resources Ltd 0.32 -3% -2% 42% $562,422,542 AGY Argosy Minerals Ltd 0.11 10% 0% -85% $161,506,862 AZS Azure Minerals 3.61 -1% -2% 1046% $1,655,833,266 NWC New World Resources 0.038 -3% -3% -25% $88,471,190 QXR Qx Resources Limited 0.02 5% -5% -52% $22,201,557 GSR Greenstone Resources 0.007 27% -13% -73% $9,576,794 CAE Cannindah Resources 0.077 -9% -13% -67% $45,090,236 AZL Arizona Lithium Ltd 0.026 4% 0% -61% $102,234,016 RIL Redivium Limited 0.0045 13% -36% -68% $13,654,274 COB Cobalt Blue Ltd 0.175 3% -20% -65% $69,524,297 ESS Essential Metals Ltd 0 -100% -100% -100% $135,278,382 LPD Lepidico Ltd 0.006 -14% -14% -63% $49,649,002 MRD Mount Ridley Mines 0.002 0% 0% -56% $15,569,766 CZN Corazon Ltd 0.01 0% -23% -50% $5,540,381 LKE Lake Resources 0.125 37% 25% -80% $192,249,518 DEV Devex Resources Ltd 0.305 0% 3% 13% $143,386,968 INR Ioneer Ltd 0.125 9% 9% -69% $295,681,701 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% $2,752,409,203 MAN Mandrake Res Ltd 0.039 -3% -13% -26% $24,630,397 RLC Reedy Lagoon Corp. 0.005 0% 0% -43% $3,097,704 GBR Greatbould Resources 0.063 5% 2% -25% $35,921,232 FRS Forrestaniaresources 0.022 -19% -24% -83% $3,559,286 STK Strickland Metals 0.08 -11% -20% 150% $132,825,807 MLX Metals X Limited 0.305 2% 13% -14% $281,252,481 CLA Celsius Resource Ltd 0.012 9% 0% -27% $26,952,620 FGR First Graphene Ltd 0.057 -7% -8% -43% $38,878,152 HXG Hexagon Energy 0.013 -7% 18% -24% $7,180,823 TLG Talga Group Ltd 0.73 18% 21% -58% $290,511,942 MNS Magnis Energy Tech 0.042 0% 0% -90% $50,378,922 OZL OZ Minerals 0 -100% -100% -100% $8,918,404,433 PLL Piedmont Lithium Inc 0.225 5% -21% -79% $88,735,955 EUR European Lithium Ltd 0.086 0% 1% 25% $119,904,569 BKT Black Rock Mining 0.062 -2% -13% -57% $68,043,289 QEM QEM Limited 0.17 0% -15% -15% $25,736,591 LYC Lynas Rare Earths 5.76 -1% -3% -31% $5,542,737,412 ESR Estrella Res Ltd 0.0045 -10% -10% -70% $7,917,173 ARL Ardea Resources Ltd 0.43 6% 4% -33% $82,747,104 GLN Galan Lithium Ltd 0.33 12% -41% -72% $132,376,227 JLL Jindalee Lithium Ltd 0.885 -4% -23% -67% $51,114,149 VUL Vulcan Energy 2.09 3% 1% -66% $354,470,396 SBR Sabre Resources 0.021 -13% -30% -38% $8,233,763 CHN Chalice Mining Ltd 1.025 4% -4% -83% $445,362,983 VRC Volt Resources Ltd 0.006 20% 0% -40% $24,780,640 NMT Neometals Ltd 0.135 -16% -18% -83% $87,176,644 AXN Alliance Nickel Ltd 0.036 -12% -12% -63% $32,662,783 PNN Power Minerals Ltd 0.16 7% -11% -65% $14,853,937 IGO IGO Limited 6.98 1% -3% -48% $5,490,191,644 GED Golden Deeps 0.041 -5% 3% -59% $4,736,416 ADV Ardiden Ltd 0.155 -14% -11% -49% $10,002,801 SRI Sipa Resources Ltd 0.022 -12% -12% -21% $5,475,795 NTU Northern Min Ltd 0.03 0% 11% -29% $177,329,377 AXE Archer Materials 0.355 9% 9% -42% $91,744,925 PGM Platina Resources 0.018 0% -10% -10% $11,217,246 AAJ Aruma Resources Ltd 0.016 -16% -36% -76% $3,347,156 IXR Ionic Rare Earths 0.019 12% -10% -47% $81,857,460 NIC Nickel Industries 0.665 5% 14% -36% $2,914,350,718 EVG Evion Group NL 0.027 -4% 4% -56% $10,032,816 CWX Carawine Resources 0.1 0% -5% -8% $23,376,419 PLS Pilbara Min Ltd 3.56 1% 3% -20% $10,894,273,961 HAS Hastings Tech Met 0.67 18% 4% -78% $93,790,823 BUX Buxton Resources Ltd 0.13 0% -16% -16% $22,522,096 ARR American Rare Earths 0.42 75% 190% 65% $174,105,087 SGQ St George Min Ltd 0.023 -8% -26% -71% $22,736,430 TKL Traka Resources 0.0015 -25% -25% -76% $3,501,317 PAN Panoramic Resources 0.035 0% 0% -77% $103,937,992 PRL Province Resources 0.041 0% 0% -23% $48,441,219 IPT Impact Minerals 0.013 18% 8% 44% $34,376,447 LIT Lithium Australia 0.029 4% 0% -34% $35,443,558 AKE Allkem Limited 0 -100% -100% -100% $6,304,350,967 ARN Aldoro Resources 0.095 -17% 19% -50% $12,789,256 JRV Jervois Global Ltd 0.023 -8% -34% -89% $64,860,496 MCR Mincor Resources NL 0 -100% -100% -100% $751,215,521 SYR Syrah Resources 0.625 16% 51% -67% $424,211,113 FBM Future Battery 0.061 15% -2% 3% $32,025,359 ADD Adavale Resource Ltd 0.006 0% -25% -70% $6,067,033 LTR Liontown Resources 1.18 15% -1% -12% $3,053,293,139 CTM Centaurus Metals Ltd 0.275 -11% -27% -74% $143,549,228 VML Vital Metals Limited 0.004 0% -20% -85% $29,475,335 BSX Blackstone Ltd 0.059 9% -6% -56% $31,450,267 POS Poseidon Nick Ltd 0.007 0% -30% -82% $29,708,278 CHR Charger Metals 0.13 -4% -16% -66% $10,838,835 AVL Aust Vanadium Ltd 0.016 0% -20% -48% $154,951,257 AUZ Australian Mines Ltd 0.017 42% 89% -67% $16,950,592 TMT Technology Metals 0 -100% -100% -100% $67,134,856 RXL Rox Resources 0.16 0% 7% 7% $60,943,453 RNU Renascor Res Ltd 0.092 2% 7% -58% $246,322,527 GL1 Globallith 0.525 24% -5% -70% $136,639,282 BRB Breaker Res NL 0 -100% -100% -100% $158,126,031 ASN Anson Resources Ltd 0.085 5% -23% -56% $113,232,082 SYA Sayona Mining Ltd 0.059 51% 31% -73% $658,770,945 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 EGR Ecograf Limited 0.13 -4% -10% -41% $59,024,136 ATM Aneka Tambang 1.1 0% -7% 0% $1,434,014 TVN Tivan Limited 0.05 -7% -14% -38% $78,417,606 ALY Alchemy Resource Ltd 0.008 0% -11% -47% $8,246,534 GAL Galileo Mining Ltd 0.24 17% 4% -70% $48,418,107 BHP BHP Group Limited 45.54 -1% 0% -5% $233,364,779,793 LEL Lithenergy 0.39 20% -22% -53% $42,749,150 MMC Mitremining 0.265 -5% 20% -9% $23,015,277 RMX Red Mount Min Ltd 0.002 0% -33% -64% $6,683,940 GW1 Greenwing Resources 0.08 -9% -33% -67% $14,681,370 AQD Ausquest Limited 0.01 -9% -9% -38% $8,251,492 LML Lincoln Minerals 0.006 0% 0% -81% $11,928,317 1MC Morella Corporation 0.0035 0% -13% -71% $18,536,398 REE Rarex Limited 0.018 -14% -28% -67% $12,300,958 MRC Mineral Commodities 0.024 -11% -27% -57% $23,627,342 PUR Pursuit Minerals 0.004 0% -43% -85% $14,719,857 QPM Queensland Pacific 0.039 3% -13% -61% $78,489,072 EMH European Metals Hldg 0.31 3% 0% -53% $42,733,075 BMM Balkanminingandmin 0.074 -5% -26% -80% $5,256,998 PEK Peak Rare Earths Ltd 0.22 -12% -27% -63% $58,507,187 LEG Legend Mining 0.018 0% 50% -63% $49,376,112 MOH Moho Resources 0.0065 -7% -35% -66% $3,504,658 AML Aeon Metals Ltd. 0.007 -13% -22% -72% $7,674,804 G88 Golden Mile Res Ltd 0.012 -8% -29% -44% $5,345,897 WKT Walkabout Resources 0.115 -12% -8% 5% $80,551,374 TON Triton Min Ltd 0.018 13% -18% -45% $24,982,283 AR3 Austrare 0.125 0% -14% -51% $18,499,915 ARU Arafura Rare Earths 0.145 16% 0% -76% $346,545,329 MIN Mineral Resources. 59.41 5% 2% -30% $11,730,704,323 VMC Venus Metals Cor Ltd 0.097 2% -1% 8% $18,972,868 S2R S2 Resources 0.135 -7% -4% -7% $58,871,539 CNJ Conico Ltd 0.002 -33% -50% -82% $3,925,237 VR8 Vanadium Resources 0.04 14% -5% -44% $20,731,108 PVT Pivotal Metals Ltd 0.017 0% -26% -55% $11,970,011 BOA Boadicea Resources 0.027 8% -23% -71% $3,323,438 IPX Iperionx Limited 2.13 12% 29% 137% $491,976,100 SLZ Sultan Resources Ltd 0.014 -5% -11% -72% $2,074,661 NKL Nickelxltd 0.036 -10% 13% -47% $3,161,346 NVA Nova Minerals Ltd 0.26 -2% -20% -58% $59,049,217 MLS Metals Australia 0.0305 -2% -10% -36% $19,033,104 MQR Marquee Resource Ltd 0.02 0% -13% -38% $9,094,456 MRR Minrex Resources Ltd 0.013 8% -13% -59% $14,103,278 EVR Ev Resources Ltd 0.014 0% 17% -13% $13,855,060 EFE Eastern Resources 0.008 0% 0% -53% $9,935,572 CNB Carnaby Resource Ltd 0.625 0% -12% -49% $105,850,119 BNR Bulletin Res Ltd 0.081 -5% -23% -26% $23,782,679 AX8 Accelerate Resources 0.028 -7% -3% 0% $18,299,140 AM7 Arcadia Minerals 0.058 -12% -17% -76% $6,324,906 AS2 Askarimetalslimited 0.079 -10% -44% -87% $6,236,017 BYH Bryah Resources Ltd 0.01 0% -17% -58% $4,336,073 DTM Dart Mining NL 0.013 0% -7% -71% $2,958,535 EMS Eastern Metals 0.04 0% 11% -43% $3,297,050 FG1 Flynngold 0.054 4% 8% -40% $8,863,609 GSM Golden State Mining 0.011 -8% -8% -74% $3,352,448 IMI Infinitymining 0.11 10% -15% -45% $12,469,106 LRV Larvottoresources 0.063 -6% -2% -55% $14,534,757 LSR Lodestar Minerals 0.002 -33% -33% -56% $4,046,795 RAG Ragnar Metals Ltd 0.021 0% -9% 30% $10,427,581 CTN Catalina Resources 0.004 0% 33% -56% $4,953,948 TMB Tambourahmetals 0.105 25% 13% -13% $7,879,334 TEM Tempest Minerals 0.007 -13% -13% -71% $3,633,871 EMC Everest Metals Corp 0.08 0% 3% -9% $13,306,932 WML Woomera Mining Ltd 0.005 25% -38% -69% $6,090,695 KZR Kalamazoo Resources 0.11 -15% 16% -35% $18,354,371 LMG Latrobe Magnesium 0.054 4% 0% -25% $100,614,635 KOR Korab Resources 0.008 0% -50% -62% $2,936,400 CMX Chemxmaterials 0.078 0% 3% -44% $6,534,022 NC1 Nicoresourceslimited 0.22 26% -17% -60% $20,748,109 GRE Greentechmetals 0.235 -31% -28% 57% $19,758,794 CMO Cosmometalslimited 0.05 0% -23% -70% $3,284,833 FRB Firebird Metals 0.12 0% 0% -25% $17,083,368 S32 South32 Limited 2.84 -8% -12% -37% $13,316,020,190 OMH OM Holdings Limited 0.445 -4% -9% -46% $344,815,560 JMS Jupiter Mines. 0.18 3% 6% -23% $362,508,484 E25 Element 25 Ltd 0.26 -4% -19% -69% $54,382,584 EMN Euromanganese 0.076 -6% -4% -75% $17,867,080 KGD Kula Gold Limited 0.01 11% -23% -57% $3,808,907 LRS Latin Resources Ltd 0.2 21% 0% 74% $587,237,587 CRR Critical Resources 0.016 14% -6% -69% $26,667,754 ENT Enterprise Metals 0.003 -25% -25% -67% $2,405,913 SCN Scorpion Minerals 0.018 -10% -42% -76% $7,779,668 GCM Green Critical Min 0.006 20% -14% -67% $6,819,510 ENV Enova Mining Limited 0.03 0% 30% 150% $19,227,880 RBX Resource B 0.055 0% -27% -63% $4,547,647 AKN Auking Mining Ltd 0.027 0% -36% -68% $6,589,904 RR1 Reach Resources Ltd 0.002 -20% -33% -67% $6,420,594 EMT Emetals Limited 0.0055 -8% -21% -50% $4,675,000 PNT Panthermetalsltd 0.049 0% -18% -73% $4,271,142 WIN Widgienickellimited 0.045 7% -53% -87% $13,109,582 WMG Western Mines 0.17 -3% -13% -21% $11,911,646 AVW Avira Resources Ltd 0.0015 -25% -25% -50% $2,133,790 CAI Calidus Resources 0.16 7% -20% -30% $101,083,480 GT1 Greentechnology 0.145 16% -24% -80% $46,219,054 KAI Kairos Minerals Ltd 0.014 8% 8% -30% $34,071,858 MTM MTM Critical Metals 0.092 37% 33% 26% $9,695,116 NWM Norwest Minerals 0.034 31% 36% -48% $8,945,655 PGD Peregrine Gold 0.245 -6% -23% -44% $16,749,120 RAS Ragusa Minerals Ltd 0.025 -7% -34% -78% $3,850,167 RGL Riversgold 0.008 -11% -20% -64% $8,708,953 SRZ Stellar Resources 0.007 -13% 0% -36% $8,043,185 STM Sunstone Metals Ltd 0.011 0% -15% -68% $38,507,167 ZNC Zenith Minerals Ltd 0.095 -14% -42% -59% $33,123,803 WC8 Wildcat Resources 0.55 17% 10% 1797% $681,627,730 ASO Aston Minerals Ltd 0.019 0% -5% -78% $25,901,285 THR Thor Energy PLC 0.026 -10% -32% -57% $5,387,392 YAR Yari Minerals Ltd 0.008 0% -20% -58% $3,858,863 IG6 Internationalgraphit 0.135 -10% -10% -48% $12,013,395 LPM Lithium Plus 0.175 3% -33% -49% $17,197,640 ODE Odessa Minerals Ltd 0.006 -14% -29% -54% $6,259,695 KOB Kobaresourceslimited 0.15 -6% 25% 3% $20,866,667 AZI Altamin Limited 0.049 2% -16% -26% $21,503,603 FTL Firetail Resources 0.045 13% -32% -68% $7,147,467 LNR Lanthanein Resources 0.006 0% -33% -70% $7,738,871 CLZ Classic Min Ltd 0.001 0% 0% -75% $12,357,085 NVX Novonix Limited 0.825 21% 36% -45% $415,535,922 OCN Oceanalithiumlimited 0.055 -4% -27% -84% $2,974,208 SUM Summitminerals 0.078 7% -26% -51% $3,717,256 DVP Develop Global Ltd 2.45 1% 18% -31% $587,221,666 OD6 Od6Metalsltd 0.1 -13% -13% -65% $6,051,705 HRE Heavy Rare Earths 0.05 -4% -7% -64% $3,024,397 LIN Lindian Resources 0.145 12% 0% -33% $167,028,724 PEK Peak Rare Earths Ltd 0.22 -12% -27% -63% $58,507,187 ILU Iluka Resources 7.21 3% 10% -33% $3,165,420,004 ASM Ausstratmaterials 1.035 4% -9% -47% $175,131,581 ETM Energy Transition 0.033 0% -21% -30% $47,602,033 VMS Venture Minerals 0.015 25% 67% -40% $37,570,222 IDA Indiana Resources 0.083 -1% 8% 46% $51,064,676 VTM Victory Metals Ltd 0.235 7% 2% 18% $20,349,914 M2R Miramar 0.019 -5% -21% -73% $2,530,782 WCN White Cliff Min Ltd 0.017 13% -11% 42% $18,702,031 TAR Taruga Minerals 0.008 -11% 0% -53% $6,354,241 ABX ABX Group Limited 0.0695 -2% -2% -50% $17,752,862 MEK Meeka Metals Limited 0.037 -3% -5% -23% $43,214,813 RR1 Reach Resources Ltd 0.002 -20% -33% -67% $6,420,594 DRE Dreadnought Resources Ltd 0.019 0% -30% -79% $69,631,459 KFM Kingfisher Mining 0.09 0% -36% -72% $4,834,350 AOA Ausmon Resorces 0.003 0% 0% -45% $3,176,998 WC1 Westcobarmetals 0.045 -13% -38% -67% $5,436,015 GRL Godolphin Resources 0.04 -9% -5% -52% $7,277,407 DM1 Desert Metals 0.029 -3% -34% -82% $7,697,345 PTR Petratherm Ltd 0.027 17% -16% -58% $5,618,778 ITM Itech Minerals Ltd 0.085 -4% -10% -72% $10,385,603 KTA Krakatoa Resources 0.015 -12% -32% -67% $7,081,608 M24 Mamba Exploration 0.03 -6% -45% -84% $6,074,715 LNR Lanthanein Resources 0.006 0% -33% -70% $7,738,871 TKM Trek Metals Ltd 0.042 8% 5% -39% $21,036,151 BCA Black Canyon Limited 0.11 0% 0% -57% $7,715,561 CDT Castle Minerals 0.0065 -7% -7% -72% $7,959,204 DLI Delta Lithium 0.315 11% 9% -27% $224,223,187 A11 Atlantic Lithium 0.405 9% 3% -38% $243,625,895 KNI Kunikolimited 0.215 -2% -20% -52% $18,585,518 CY5 Cygnus Metals Ltd 0.067 -14% -33% -81% $20,117,581 WR1 Winsome Resources 0.735 20% 8% -62% $147,858,415 LLI Loyal Lithium Ltd 0.265 10% -15% -22% $25,402,632 BC8 Black Cat Syndicate 0.2 -2% -11% -46% $62,726,234 BUR Burleyminerals 0.07 -4% -48% -80% $6,920,883 PBL Parabellumresources 0.066 -21% 8% -84% $4,111,800 L1M Lightning Minerals 0.071 -3% -38% -61% $2,997,980 WA1 Wa1Resourcesltd 11.01 10% 4% 722% $665,499,549 EV1 Evolutionenergy 0.095 -17% -27% -64% $24,712,500 1AE Auroraenergymetals 0.135 -21% -16% -7% $23,085,005 RVT Richmond Vanadium 0.36 0% 33% -1% $32,758,966 PMT Patriotbatterymetals 0.85 4% 11% -44% $500,462,281 PAT Patriot Lithium 0.1 -13% -29% -75% $6,961,713 BM8 Battery Age Minerals 0.145 4% -22% -70% $14,222,849 OM1 Omnia Metals Group 0.078 0% 0% -71% $3,786,192 VHM Vhmlimited 0.6 0% 4% -39% $92,349,675 LLL Leolithiumlimited 0.505 0% 0% -12% $498,553,663 SRN Surefire Rescs NL 0.011 -8% 10% -21% $21,594,736 SRL Sunrise 0.39 4% -3% -78% $36,090,999 SYR Syrah Resources 0.625 16% 51% -67% $424,211,113 EG1 Evergreenlithium 0.1 -13% -20% 0% $6,185,300 WSR Westar Resources 0.017 -11% -13% -60% $3,151,078 LU7 Lithium Universe Ltd 0.022 0% -15% -45% $8,547,482 MEI Meteoric Resources 0.18 3% -20% 44% $358,221,572 REC Rechargemetals 0.088 40% 7% -41% $9,798,974 SLM Solismineralsltd 0.125 0% 9% -4% $10,203,537 DYM Dynamicmetalslimited 0.18 6% 9% 3% $6,300,000 TOR Torque Met 0.17 -13% -21% 13% $25,253,831 ICL Iceni Gold 0.038 -14% -21% -64% $9,369,320 TMX Terrain Minerals 0.005 0% -17% -17% $7,158,353 MHC Manhattan Corp Ltd 0.003 0% -25% -57% $8,810,939 MHK Metalhawk. 0.075 6% -10% -42% $7,058,426 ANX Anax Metals Ltd 0.021 5% -13% -68% $10,306,511 FIN FIN Resources Ltd 0.015 -12% -21% -17% $9,739,031 LM1 Leeuwin Metals Ltd 0.091 0% -35% 0% $4,263,502 HAW Hawthorn Resources 0.083 0% -15% -17% $27,806,296 LCY Legacy Iron Ore 0.015 -6% 0% 0% $102,509,219 RON Roninresourcesltd 0.125 4% -19% -24% $4,603,126 ASR Asra Minerals Ltd 0.006 -14% 0% -57% $9,918,974 PFE Panteraminerals 0.053 -2% -4% -54% $8,222,598 KM1 Kalimetalslimited 0.42 8% -32% 0% $32,063,680
What’s hot and not over the past seven days?
CHARGED UP
American Rare Earths (ASX:ARR) +75%
Australian Mines (ASX:AUZ) +42%
Recharge Metals (ASX:REC) +40%
MTM Critical Metals (ASX:MTM) +37%
LOW ON JUICE
Lodestar Minerals (ASX:LSR) -33%
Conico (ASX:CNJ) -33%
GreenTech Metals (ASX:GRE) -31%
Avira Resources (ASX:AVW) -25%
Enterprise Metals (ASX:ENT) -25%
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