The stats are in and it’s official, the EV sales narrative in Australia went up a gear last year
The Seagull is swooping into the Americas, and the Americans are worried
Leading weekly battery metals gainers on the ASX include: IG6, LRD, BKT
What’s moving, what’s shaking in the land of the lithium lizards (and other battery metals)? Let’s see…
We’ll tell you what’s moving and shaking car sales stats across Australia – EVs.
And in case you needed to hear it, that has no small amount of relevance to the re-fuelling lithium-hunting, lithium-producing narrative in Australia, given the commodity is the most crucial component within EV batteries – now and for the foreseeable.
Also… what’s got American car manufacturers shaking in their rawhide boots? The Chinese, specifically BYD and its supa-cheep Seagull runabout.
More on both these things… presently.
First, though, let’s check in on some relevant global battery metals market activity. Okay, pretty much just the lithium “spot” pricings outta lithium and EV markets dominant China.
As the Lithium Price Bot tells us, the recent surge in lithium carbonate has cooled a tad for the moment – it happens – but it still looks bottomy from where we’re sitting.
2024-03-20#Lithium Carbonate 99.5% Min China Spot
Price: $15,621.94
1 day: $0.00 (0.0%)
YTD: 14.19%#Spodumene Concentrate (6%, CIF China)
Price: $1,079.00
1 day: $4.0 (0.37%)
YTD: -17.95%
Sponsored by @portofino_porhttps://t.co/IVBXLQUzGi
— Lithium Price Bot (@LithiumPriceBot) March 20, 2024
At the most recent market close in China, lithium carbonate futures fell a tad – by about 1.3%, putting a halt to the recent futures contango (upswing). Nevertheless, they were still a good deal above the average lithium carbonate spot price shown above.
Australian EV sales see record year in 2023
Diehard, Summernats-digging, Mad Max-loving petrol heads: been flipping the bird at a few more Teslas or BYDs on the roads lately? There’s a reason for that.
If you haven’t seen it yet, the Electric Vehicle Council – the national body representing the EV industry in Australia – has published its Electric Vehicle Industry Recap for 2023. The findings are fairly illuminating.
Key takeaways below, but the most key-turning of all key takeaways is that subhead above – 2023 was a record one for EV sales in Australia, with a greater range of choice for buyers and more affordable options than seen in the past.
Even in the Northern Territory, where you’d be excused for thinking it’s illegal to drive anything but a petrol/diesel-guzzling Hilux, there are some signs of the electric vehicle narrative being slowly embraced.
For example, three new EV charging stations recently opened in Katherine, Tennant Creek and Alice Springs as part of a $78.6 million deal between the Federal Government and NRMA to establish a national EV fast-charging network.
Notably, though, from the EV Council report…
Australian EV sales (including BEVs and PHEVs) grew by 120% in 2023
Nearly 9% of new vehicle sales in Australia in 2023 were pure electric vehicles (BEVs and PHEVs)
The total Australian EV fleet surpassed 180,000 electric vehicles
Charging infrastructure locations increased by 75 per cent, with 348 locations added across Australia
Here’s a graph from the report. Not too hard to spot the growing narrative, really, is it…
Meanwhile, there’s another factor that will play into the Aussie EV industry’s hands before too long, and that’s the Federal Government’s plans to introduce new fuel efficiency standards in order to make EVs more price-competitive compared with petrol cars.
Car makers nervy as Chinese Seagull swoops
Another in-case-you-missed-it note here… but Chinese EV-making titan BYD is continuing its assault on the global auto manufacturing trade, with its prime weapon of mass deflation being the super-duper cheap auto, the Seagull.
This little thing here, making big global squawks and currently spreading into the Americas…
Goldman: “China now installs more industrial robots and graduates more engineers than the rest of the world combined. In 2023 it became the world’s largest auto exporter. Electric vehicles priced as low as $9,700 for the well-reviewed BYD Seagull subcompact – comparable to the… pic.twitter.com/x10QyP9NX3
— ₦₳V𝚜𝚝é𝚟𝚊 ᴢ (@Navsteva) March 19, 2024
The BYD Seagull is a city runabout EV that came about, somewhat outta the blue, last year. It’s the smallest vehicle among the BYD range and it sports sharp, angular looks, a dash shaped like a seagull’s wing, apparently, and not two, not four but SIX airbags plus a rotating touchscreen infotainment system.
It also charges well enough and drives okay from city point A to city point B, according to reviews we’ve seen here and there.
Another 3583 BYD NEVs (Destroyer 05 & others) departing Xiaomo port on 3/4 to Brazil, will stop in South Africa
Another RoRo ship w/ 3700 NEVs (Seagull, Song+ DM-i) just arrived in Brazil
BYD cannot get those RoRo ships fast enough, so much demand to Latam countries
PHEVs sales… pic.twitter.com/VNLHoSR54A
— tphuang (@tphuang) March 12, 2024
And the reports are, it could be hitting Aussie shores before the end of the year, along with other offerings from the Chinese company, including, according to Carsales.com.au, a plug-in hybrid ute, as yet unnamed.
But in the meantime, it’s American car manufacturers who are quaking in their boots over in Detroit. The threat hasn’t hit them hard yet, because for the moment they’re staving off the Seagull’s arrival. But maybe it’s only a matter of time.
Why is this thing perceived as such a threat by the likes of Ford, General Motors and Tesla? As mentioned, its price tag is so ridonculously far below any other EV before it, coming in at around US$9,700.
As Bloomberg noted this week – “that undercuts the average price of an American EV by more than $50,000 (and is only a little more than a high-end Vespa scooter)”.
The media outlet continued:
“Such aggressive pricing by BYD, which surpassed Tesla in late 2023 to become the world’s top seller of electric vehicles, is indicative of how Chinese automakers will likely force US manufacturers to pivot away from mainly producing expensive second cars for the affluent and toward more reasonably priced EVs for the everyman.”
And just to back that up, here’s another striking graph – courtesy of Bloomberg…
“The Chinese offensive is possibly the biggest risk that companies like Tesla and ourselves are facing right now,” noted Carlos Tavares, CEO of Chrysler parent Stellantis in February. “We have to work very, very hard to make sure that we bring our consumers better offerings than the Chinese.”
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 March 20.)
Stocks missing from this list? Email [email protected]
Code Company Price % Week % Month % Year Market Cap PVW PVW Res Ltd 0.025 -7% -26% -67% $2,535,119 A8G Australasian Metals 0.071 -1% -19% -54% $3,700,555 INF Infinity Lithium 0.071 -3% -5% -35% $32,844,039 LPI Lithium Pwr Int Ltd 0.565 0% 4% 95% $361,898,974 PSC Prospect Res Ltd 0.08 10% 11% -54% $37,066,557 PAM Pan Asia Metals 0.16 0% 0% -54% $26,850,684 CXO Core Lithium 0.165 -25% -30% -80% $331,225,009 LOT Lotus Resources Ltd 0.415 6% 28% 137% $732,486,442 AGY Argosy Minerals Ltd 0.15 -6% 30% -73% $217,683,162 AZS Azure Minerals 3.62 0% 0% 1216% $1,660,420,062 NWC New World Resources 0.038 3% -3% -5% $90,739,682 QXR Qx Resources Limited 0.017 -11% -15% -45% $17,761,246 GSR Greenstone Resources 0.007 0% 0% -67% $9,576,794 CAE Cannindah Resources 0.06 -12% -22% -63% $34,684,797 AZL Arizona Lithium Ltd 0.026 0% -4% -43% $106,719,689 RIL Redivium Limited 0.005 67% 0% -55% $8,192,564 COB Cobalt Blue Ltd 0.145 -3% -22% -59% $54,848,187 ESS Essential Metals Ltd 0 -100% -100% -100% $135,278,382 LPD Lepidico Ltd 0.0055 -8% -8% -50% $38,191,540 MRD Mount Ridley Mines 0.002 0% 0% -50% $15,569,766 CZN Corazon Ltd 0.009 0% 0% -40% $5,540,381 LKE Lake Resources 0.068 -30% -50% -87% $114,637,676 DEV Devex Resources Ltd 0.29 -9% -11% 21% $132,357,201 INR Ioneer Ltd 0.16 3% 14% -40% $337,921,944 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% $2,752,409,203 MAN Mandrake Res Ltd 0.037 -3% -8% -5% $22,783,117 RLC Reedy Lagoon Corp. 0.004 0% 0% -31% $2,478,163 GBR Greatbould Resources 0.06 -8% 0% -29% $35,921,232 FRS Forrestaniaresources 0.018 -22% -18% -81% $2,912,143 STK Strickland Metals 0.087 -2% 9% 135% $142,827,770 MLX Metals X Limited 0.355 0% 15% 31% $335,688,445 CLA Celsius Resource Ltd 0.014 8% 17% -13% $33,690,775 FGR First Graphene Ltd 0.052 -9% -12% -40% $37,560,248 HXG Hexagon Energy 0.025 56% 79% 127% $13,848,729 TLG Talga Group Ltd 0.795 -9% 4% -46% $305,702,108 MNS Magnis Energy Tech 0.042 0% 0% -87% $50,378,922 OZL OZ Minerals 0 -100% -100% -100% $8,918,404,433 PLL Piedmont Lithium Inc 0.19 -10% -17% -77% $71,009,013 EUR European Lithium Ltd 0.075 12% -13% 10% $92,019,786 BKT Black Rock Mining 0.082 30% 30% -29% $95,480,099 QEM QEM Limited 0.155 -3% -9% -21% $24,222,674 LYC Lynas Rare Earths 5.8 -1% -2% -12% $5,355,798,545 ESR Estrella Res Ltd 0.0045 0% 13% -59% $7,037,487 ARL Ardea Resources Ltd 0.72 20% 71% 41% $145,792,517 GLN Galan Lithium Ltd 0.385 -11% 13% -62% $147,949,901 JLL Jindalee Lithium Ltd 0.74 -8% -12% -69% $47,182,291 VUL Vulcan Energy 2.88 0% 40% -52% $521,381,214 SBR Sabre Resources 0.017 -6% -23% -37% $7,110,977 CHN Chalice Mining Ltd 1.11 -15% -3% -82% $425,914,818 VRC Volt Resources Ltd 0.005 0% -17% -55% $22,715,587 NMT Neometals Ltd 0.15 -23% 7% -73% $87,193,444 AXN Alliance Nickel Ltd 0.04 3% -11% -56% $29,033,585 PNN Power Minerals Ltd 0.18 0% 6% -48% $16,164,579 IGO IGO Limited 7.58 -2% 5% -38% $5,868,825,551 GED Golden Deeps 0.046 7% 12% -34% $4,967,461 ADV Ardiden Ltd 0.15 0% -6% -42% $10,315,388 SRI Sipa Resources Ltd 0.019 6% -21% -21% $4,335,005 NTU Northern Min Ltd 0.033 10% 10% -6% $195,062,315 AXE Archer Materials 0.455 12% 26% -1% $107,035,745 PGM Platina Resources 0.02 -9% 11% 11% $12,463,607 AAJ Aruma Resources Ltd 0.018 6% 6% -68% $3,544,047 IXR Ionic Rare Earths 0.018 -5% -5% -40% $78,017,486 NIC Nickel Industries 0.77 -7% 13% -11% $3,428,647,904 EVG Evion Group NL 0.023 0% -21% -63% $7,265,143 CWX Carawine Resources 0.105 0% 6% 9% $24,793,172 PLS Pilbara Min Ltd 3.9 -6% 8% 6% $11,797,114,344 HAS Hastings Tech Met 0.605 -2% -17% -79% $80,207,324 BUX Buxton Resources Ltd 0.11 -8% -15% -42% $19,923,393 ARR American Rare Earths 0.295 7% -24% 48% $140,625,640 SGQ St George Min Ltd 0.021 5% -9% -65% $20,759,349 TKL Traka Resources 0.002 33% 0% -58% $3,501,317 PAN Panoramic Resources 0.035 0% 0% -72% $103,937,992 PRL Province Resources 0.041 0% 0% 11% $48,441,219 IPT Impact Minerals 0.015 7% 25% 88% $42,970,558 LIT Lithium Australia 0.029 7% 0% -19% $37,891,042 ARN Aldoro Resources 0.078 -1% -18% -66% $10,500,652 JRV Jervois Global Ltd 0.024 -25% 0% -81% $64,860,496 MCR Mincor Resources NL 0 -100% -100% -100% $751,215,521 SYR Syrah Resources 0.525 -24% -14% -66% $366,518,402 FBM Future Battery 0.061 -2% 2% 33% $33,092,871 ADD Adavale Resource Ltd 0.005 0% -17% -61% $5,055,861 LTR Liontown Resources 1.24 -6% -2% -25% $3,016,944,411 CTM Centaurus Metals Ltd 0.325 16% 12% -60% $148,499,201 VML Vital Metals Limited 0.004 0% -20% -81% $23,580,268 BSX Blackstone Ltd 0.065 0% 8% -59% $31,450,267 POS Poseidon Nick Ltd 0.007 -13% -13% -81% $25,994,743 CHR Charger Metals 0.125 4% -11% -52% $9,677,531 AVL Aust Vanadium Ltd 0.016 -6% -11% -48% $146,342,854 AUZ Australian Mines Ltd 0.013 -13% -13% -62% $16,984,643 TMT Technology Metals 0 -100% -100% -100% $67,134,856 RXL Rox Resources 0.16 -3% -3% -40% $60,943,453 RNU Renascor Res Ltd 0.084 -1% -13% -58% $210,770,822 GL1 Globallith 0.52 -15% -1% -59% $143,145,914 BRB Breaker Res NL 0 -100% -100% -100% $158,126,031 ASN Anson Resources Ltd 0.094 -15% 7% -56% $118,378,995 SYA Sayona Mining Ltd 0.038 -10% -41% -83% $411,731,841 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 EGR Ecograf Limited 0.175 -13% 35% -13% $80,590,648 ATM Aneka Tambang 1.1 0% 0% 0% $1,434,014 TVN Tivan Limited 0.059 0% 23% -22% $94,421,199 ALY Alchemy Resource Ltd 0.008 0% 14% -47% $9,424,610 GAL Galileo Mining Ltd 0.245 -4% 0% -56% $47,429,982 BHP BHP Group Limited 43.81 3% -5% 1% $220,946,367,315 LEL Lithenergy 0.565 -6% 35% -7% $59,745,800 MMC Mitremining 0.35 21% 32% 52% $28,532,772 RMX Red Mount Min Ltd 0.002 0% -20% -33% $5,347,152 GW1 Greenwing Resources 0.071 1% -12% -67% $14,318,867 AQD Ausquest Limited 0.011 0% 10% -31% $9,076,641 LML Lincoln Minerals 0.0055 -8% -8% -78% $9,372,249 1MC Morella Corporation 0.003 0% 0% -67% $18,536,398 REE Rarex Limited 0.017 0% -6% -63% $10,934,185 MRC Mineral Commodities 0.024 -4% 0% -55% $23,627,342 PUR Pursuit Minerals 0.0045 -10% -10% -79% $14,719,857 QPM Queensland Pacific 0.042 -5% 8% -60% $86,539,233 EMH European Metals Hldg 0.285 2% -16% -54% $39,801,789 BMM Balkanminingandmin 0.066 -3% -11% -76% $4,688,674 PEK Peak Rare Earths Ltd 0.23 12% 5% -49% $49,199,226 LEG Legend Mining 0.016 14% -6% -59% $40,662,681 MOH Moho Resources 0.006 0% -8% -68% $3,235,069 AML Aeon Metals Ltd. 0.008 33% 14% -69% $7,674,804 G88 Golden Mile Res Ltd 0.011 0% -15% -31% $4,523,451 WKT Walkabout Resources 0.12 9% 0% -4% $77,195,067 TON Triton Min Ltd 0.015 -6% -6% -52% $23,420,890 AR3 Austrare 0.11 5% -8% -58% $17,151,408 ARU Arafura Rare Earths 0.2 38% 33% -61% $473,611,949 MIN Mineral Resources. 67.84 2% 13% -16% $13,313,666,254 VMC Venus Metals Cor Ltd 0.086 -9% -12% 10% $16,316,667 S2R S2 Resources 0.125 -17% -4% -4% $56,607,249 CNJ Conico Ltd 0.0025 0% 25% -74% $3,925,237 VR8 Vanadium Resources 0.041 5% 11% -41% $22,972,308 PVT Pivotal Metals Ltd 0.014 -13% -18% -59% $9,857,656 BOA Boadicea Resources 0.023 -12% -15% -70% $2,960,468 IPX Iperionx Limited 2.25 3% 4% 217% $457,383,426 SLZ Sultan Resources Ltd 0.012 -40% -14% -77% $2,568,624 NKL Nickelxltd 0.03 -17% -17% -51% $2,810,085 NVA Nova Minerals Ltd 0.265 -4% -5% -42% $55,885,866 MLS Metals Australia 0.022 -8% -27% -44% $15,562,130 MQR Marquee Resource Ltd 0.021 5% -5% -5% $8,267,688 MRR Minrex Resources Ltd 0.014 8% 8% -44% $15,188,145 EVR Ev Resources Ltd 0.011 0% -8% -27% $14,533,986 EFE Eastern Resources 0.008 -11% 0% -33% $9,314,598 CNB Carnaby Resource Ltd 0.55 16% -15% -45% $91,193,949 BNR Bulletin Res Ltd 0.065 -6% -20% -29% $19,084,866 AX8 Accelerate Resources 0.033 10% 10% 43% $20,129,054 AM7 Arcadia Minerals 0.07 0% 21% -67% $7,524,457 AS2 Askarimetalslimited 0.084 -5% 5% -83% $6,685,368 BYH Bryah Resources Ltd 0.01 25% 0% -52% $4,789,989 DTM Dart Mining NL 0.017 21% 31% -58% $3,413,694 EMS Eastern Metals 0.029 4% -28% -53% $2,390,361 FG1 Flynngold 0.045 7% -17% -46% $7,386,341 GSM Golden State Mining 0.01 -9% -17% -71% $3,352,448 IMI Infinitymining 0.072 1% -31% -56% $9,619,025 LRV Larvottoresources 0.075 25% 14% -43% $14,534,757 LSR Lodestar Minerals 0.002 0% 0% -56% $4,046,795 RAG Ragnar Metals Ltd 0.02 5% -9% 50% $9,479,619 CTN Catalina Resources 0.004 0% 0% -33% $4,953,948 TMB Tambourahmetals 0.076 -6% -20% -21% $6,635,228 TEM Tempest Minerals 0.01 25% 43% -55% $5,191,244 EMC Everest Metals Corp 0.079 -1% -2% 5% $12,978,366 WML Woomera Mining Ltd 0.0045 13% -10% -63% $4,872,556 KZR Kalamazoo Resources 0.087 -7% -17% -38% $15,557,515 LMG Latrobe Magnesium 0.049 -2% -8% -25% $92,985,701 KOR Korab Resources 0.01 11% 25% -50% $3,670,500 CMX Chemxmaterials 0.053 -12% -24% -56% $4,667,159 NC1 Nicoresourceslimited 0.165 -11% -13% -63% $18,018,095 GRE Greentechmetals 0.29 4% 23% 123% $23,677,793 CMO Cosmometalslimited 0.038 9% -17% -67% $3,468,007 FRB Firebird Metals 0.12 9% 0% -11% $17,795,175 S32 South32 Limited 2.99 3% 2% -28% $14,131,286,732 OMH OM Holdings Limited 0.43 6% -4% -40% $314,165,288 JMS Jupiter Mines. 0.195 8% 5% -15% $352,710,957 E25 Element 25 Ltd 0.235 15% -6% -62% $56,557,887 EMN Euromanganese 0.098 18% 24% -64% $20,607,259 KGD Kula Gold Limited 0.008 0% -11% -58% $3,699,695 LRS Latin Resources Ltd 0.19 -12% -10% 65% $545,886,795 CRR Critical Resources 0.015 -6% 0% -62% $30,223,455 ENT Enterprise Metals 0.003 0% 0% -67% $2,405,913 SCN Scorpion Minerals 0.039 34% 105% -39% $12,283,686 GCM Green Critical Min 0.006 50% 0% -45% $6,819,510 ENV Enova Mining Limited 0.03 -19% 0% 150% $20,537,880 RBX Resource B 0.045 10% -18% -67% $3,720,802 AKN Auking Mining Ltd 0.018 -5% -36% -72% $4,707,074 RR1 Reach Resources Ltd 0.003 9% 64% 9% $9,016,640 EMT Emetals Limited 0.005 0% -9% -44% $4,250,000 PNT Panthermetalsltd 0.038 0% -22% -71% $3,312,314 WIN Widgienickellimited 0.052 -31% 18% -82% $16,684,923 WMG Western Mines 0.165 3% -6% -8% $11,230,980 AVW Avira Resources Ltd 0.001 0% 0% -50% $2,133,790 CAI Calidus Resources 0.165 10% 0% -23% $101,086,600 GT1 Greentechnology 0.15 -21% 3% -77% $47,812,815 KAI Kairos Minerals Ltd 0.013 0% 0% -16% $36,692,771 MTM MTM Critical Metals 0.074 -10% -5% -30% $9,322,227 NWM Norwest Minerals 0.027 -7% -13% -18% $8,984,238 PGD Peregrine Gold 0.22 -15% -12% -47% $15,543,037 RAS Ragusa Minerals Ltd 0.029 -22% 7% -65% $4,277,964 RGL Riversgold 0.008 -11% -11% -53% $7,741,292 SRZ Stellar Resources 0.014 17% 100% 40% $21,544,246 STM Sunstone Metals Ltd 0.011 -8% 0% -66% $38,507,167 ZNC Zenith Minerals Ltd 0.095 -3% 1% -54% $35,238,088 WC8 Wildcat Resources 0.725 1% 27% 2489% $850,627,830 ASO Aston Minerals Ltd 0.015 0% -25% -86% $18,130,900 THR Thor Energy PLC 0.024 0% -17% -52% $4,604,303 YAR Yari Minerals Ltd 0.007 17% -13% -61% $3,376,505 IG6 Internationalgraphit 0.185 68% 37% 0% $16,017,860 LPM Lithium Plus 0.14 -18% -30% -44% $13,328,171 ODE Odessa Minerals Ltd 0.005 -17% -17% -44% $5,216,413 KOB Kobaresourceslimited 0.1 -13% -38% -30% $14,997,917 AZI Altamin Limited 0.05 -7% 2% -33% $21,942,452 FTL Firetail Resources 0.043 -14% -4% -67% $6,700,750 LNR Lanthanein Resources 0.003 0% -40% -82% $5,864,727 CLZDC Classic Min Ltd 0.014 -72% -72% -86% $12,890,085 NVX Novonix Limited 0.9 -10% 6% -35% $437,538,321 OCN Oceanalithiumlimited 0.058 -5% 4% -83% $3,244,590 SUM Summitminerals 0.063 -2% -19% -55% $2,859,428 DVP Develop Global Ltd 2.39 3% -1% -18% $582,368,594 OD6 Od6Metalsltd 0.085 -8% -23% -54% $5,171,457 HRE Heavy Rare Earths 0.043 0% -14% -54% $2,600,981 LIN Lindian Resources 0.125 -7% -14% -49% $146,870,085 PEK Peak Rare Earths Ltd 0.23 12% 5% -49% $49,199,226 ILU Iluka Resources 7.38 7% -1% -27% $3,119,261,982 ASM Ausstratmaterials 1.19 16% 13% -12% $165,124,062 ETM Energy Transition 0.036 3% 6% -23% $50,402,153 VMS Venture Minerals 0.019 6% 12% -10% $45,333,594 IDA Indiana Resources 0.079 -1% -5% 52% $49,386,965 VTM Victory Metals Ltd 0.28 0% 12% 51% $22,384,905 M2R Miramar 0.019 27% -10% -60% $2,679,652 WCN White Cliff Min Ltd 0.014 -13% 0% 40% $22,741,424 TAR Taruga Minerals 0.008 14% -11% -53% $5,648,214 ABX ABX Group Limited 0.056 -15% -21% -49% $16,502,661 MEK Meeka Metals Limited 0.035 -8% -5% -19% $44,449,522 RR1 Reach Resources Ltd 0.003 9% 64% 9% $9,016,640 DRE Dreadnought Resources Ltd 0.017 -6% -15% -73% $59,186,740 KFM Kingfisher Mining 0.088 -1% -2% -59% $4,673,205 AOA Ausmon Resorces 0.002 -33% -33% -60% $2,117,999 WC1 Westcobarmetals 0.048 9% 7% -47% $5,556,815 GRL Godolphin Resources 0.036 20% -16% -29% $6,092,713 DM1 Desert Metals 0.031 15% 7% -77% $7,431,919 PTR Petratherm Ltd 0.02 5% -20% -66% $4,495,023 ITM Itech Minerals Ltd 0.078 1% -8% -68% $9,415,834 KTA Krakatoa Resources 0.009 -10% -40% -70% $4,248,965 M24 Mamba Exploration 0.025 0% -24% -74% $4,602,057 LNR Lanthanein Resources 0.003 0% -40% -82% $5,864,727 TKM Trek Metals Ltd 0.035 -5% -15% -49% $17,957,690 BCA Black Canyon Limited 0.1 -9% -9% -56% $7,014,146 CDT Castle Minerals 0.0065 -7% 8% -66% $7,346,958 DLI Delta Lithium 0.315 -3% 0% -10% $228,290,285 A11 Atlantic Lithium 0.375 -4% 0% -23% $240,377,550 KNI Kunikolimited 0.26 11% 21% -37% $22,907,731 CY5 Cygnus Metals Ltd 0.054 2% -22% -78% $14,577,957 WR1 Winsome Resources 0.92 -2% 19% -40% $177,430,097 LLI Loyal Lithium Ltd 0.28 2% -8% 2% $24,986,196 BC8 Black Cat Syndicate 0.2 -15% -2% -43% $61,495,335 BUR Burleyminerals 0.06 18% -10% -70% $6,257,805 PBL Parabellumresources 0.069 11% -18% -80% $3,364,200 L1M Lightning Minerals 0.066 -6% -7% -56% $2,786,854 WA1 Wa1Resourcesltd 11.71 -2% 8% 841% $718,862,186 EV1 Evolutionenergy 0.1 10% -5% -61% $25,889,286 1AE Auroraenergymetals 0.1125 -2% -22% 17% $18,308,797 RVT Richmond Vanadium 0.325 -6% -14% -14% $27,155,459 PMT Patriotbatterymetals 0.915 -2% 3% -26% $561,345,116 PAT Patriot Lithium 0.08 7% -20% -67% $5,221,285 BM8 Battery Age Minerals 0.105 -28% -32% -71% $11,470,040 OM1 Omnia Metals Group 0.078 0% 0% -64% $4,408,998 VHM Vhmlimited 0.5 -6% -17% -28% $80,036,385 LLL Leolithiumlimited 0.505 0% 0% 9% $498,553,663 SRN Surefire Rescs NL 0.011 -8% 0% -39% $19,863,078 SRL Sunrise 0.46 8% 15% -66% $42,406,924 SYR Syrah Resources 0.525 -24% -14% -66% $366,518,402 EG1 Evergreenlithium 0.095 -17% -14% 0% $5,341,850 WSR Westar Resources 0.012 -8% -29% -67% $2,224,290 LU7 Lithium Universe Ltd 0.02 -9% -9% -33% $7,381,916 MEI Meteoric Resources 0.24 14% 33% 150% $457,727,564 REC Rechargemetals 0.054 -13% -39% -64% $7,933,828 SLM Solismineralsltd 0.096 -13% -26% -29% $7,495,416 DYM Dynamicmetalslimited 0.185 -5% 6% 9% $7,020,000 TOR Torque Met 0.15 -3% -9% 36% $22,958,028 ICL Iceni Gold 0.023 0% -39% -72% $5,670,904 TMX Terrain Minerals 0.0045 -10% -10% -18% $6,442,518 MHC Manhattan Corp Ltd 0.003 0% 0% -40% $8,810,939 MHK Metalhawk. 0.07 8% -1% -42% $6,959,011 ANX Anax Metals Ltd 0.024 20% 26% -61% $11,933,855 FIN FIN Resources Ltd 0.018 -10% 20% 64% $11,686,837 LM1 Leeuwin Metals Ltd 0.086 8% -5% 0% $4,029,244 HAW Hawthorn Resources 0.07 -4% -16% -20% $23,451,093 LCY Legacy Iron Ore 0.014 -7% -13% -22% $107,989,676 RON Roninresourcesltd 0.1 -5% -20% -29% $3,682,501 ASR Asra Minerals Ltd 0.005 0% -17% -55% $8,319,979 PFE Panteraminerals 0.044 -12% -28% -53% $10,493,401 KM1 Kalimetalslimited 0.41 -8% -2% 0% $34,353,943 LRD Lord Resources 0.076 +43% +40% -62% $2,820,000 LTM Arcadium Lithium PLC 6.92 -7% -7% 0% $2,876,859,185
Some standout chargers over the past seven days include:
International Graphite (ASX:IG6) +68%
Redivium (ASX:RIL) +67%
Hexagon Energy Materials (ASX:HXG) +56%
Arafura Rare Earths (ASX:ARU) +38%
Scorpion Minerals (ASX:SCN) +34%
Traka Resources (ASX:TKL) +33%
Black Rock Mining (ASX:BKT) 30%
Miramar Resources (ASX:M2R) +27%
Lord partners with MinRes
One of the most eye-catching performers in ASX-listed battery metals this week has been Lord Resources (ASX:LRD), which now has a strategic partnership with high-flying Mineral Resources (ASX:MIN) after securing a farm-in agreement out at the Horse Rocks Lithium Project.
MD Barnaby Egerton-Warburton is pretty double-barrel stoked about it all…
“The agreement validates the strong work Lord has already completed at the Horse Rocks Lithium Project and provides the opportunity to collaborate with a world-class exploration team drawing on their knowledge and expertise of this highly prospective lithium region,” said Egerton-Warburton.
Subject to the satisfaction of conditions – including MinRes completing satisfactory due diligence on the tenement – the Aussie mining titan will spend a cool $1 million in exploration, to earn 40% of the project.
Lord says the Farm-in Agreement will let it maintain exposure to a high-value project while also going in hard on the exploration at its Jingjing lithium project.
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