High Voltage: Battery metal bears are out in force but ‘lithium demand is absolutely there’, says PLS boss

Lithium prices continue to slump amid weak Chinese economic scene
Albemarle quarterly profit expected lower, while UBS downgrades EV demand outlook
But wait… PLS boss is still upbeat on lithium demand, and MinRes grabs more of hot stock Wildcat

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

So then, what’s the general sentiment right now re the world of critical minerals that service the electric vehicle (EV market)?

It’s complicated, but battery metal bears are definitely out and about, leaving burn-out and donut marks behind as they tear around, flipping the bird from souped-up petrol-guzzlers.

“Spot price” action for lithium is certainly slumping and has been for the best part of a year. There’s no getting around that fact right now. (Or is there? See Joe “Mr Lithium” Lowry’s tweet further below.)

As Fastmarkets reported a couple of days ago, “Chinese lithium carbonate prices are down amid bearish sentiment and thin demand, with hydroxide prices flat”. Meanwhile, East Asian lithium prices are down on weak demand and consumer caution, and European and US lithium prices are also following the Asian downtrend, Fastmarkets continued.

So that’s not great.

2023-11-01#Lithium Carbonate 99.5% Min China Spot

Price: $22,848.23
1 day: $-139.32 (-0.61%)
YTD: -69.00%#Spodumene Concentrate (6%, CIF China)

Price: $2,100.00
1 day: $-10 (-0.47%)
YTD: -63.95%

Sponsored by @SiennaResources $SIE $SNNAF https://t.co/yFr8De2ixo

— Lithium Price Bot (@LithiumPriceBot) November 1, 2023

The weakness in global lithium prices has reportedly erased US$22 billion of market capitalisation at Ganfeng Lithium and Tianqi Lithium, two of China’s biggest lithium producers. “Their latest earnings reports suggest the rout may not be over,” reads an article by the South China Morning Post.

Then the multinational investment banking giant UBS had to come out this week and further rain on proceedings, issuing a research note that downgrades electric vehicle (EV) demand by between 5 per cent and 15 per cent through to 2030.

Basing that forecast on weaker-than-expected EV uptake in Europe and the US, UBS analyst Levi Spry said:

“We have seen these signals for quite some time now with sequentially declining monthly sales, shrinking backlogs and growing discounts.”

Annnd… then there was a Reuters article on the last day of October titled “Lower prices, oversupply to weigh on lithium miners”.

“Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white metal came under pressure due to concerns of falling near-term demand and oversupply,” wrote Reuters, adding:

“Lithium miners have had a tough year as weak electric vehicle (EV) sales growth led to high stockpiles and sent prices of the metal tumbling down.”

But… let’s give the bulls some airspace, too

Lithium expert Joe Lowry, who hosts The Global Lithium Podcast, however, reckons elements of that Reuters article were a “complete miss”, and references a more zoomed-out look at the lithium market’s price action:

“Yes, price is down but from the Chinese panic buying driven highs in 2022. Despite the drop, the China carbonate spot price is still >5X the 2020 lows.”

Great example of a complete miss by @Reuters on what is really happening in the #lithium market. Yes, price is down but from the Chinese panic buying driven highs in 2022. Despite the drop, the China carbonate spot price is still >5X the 2020 lows. https://t.co/RIgtVMVZsv

— Joe Lowry (@globallithium) October 30, 2023

And before we look at what’s been turning heads on the ASX in this sector, words from Pilbara Minerals’ (ASX:PLS) CEO Dale Henderson, who was answering questions this week in a recent investor call, pricked up a few ears here and there. (And yes we know, if anyone’s going to be a lithium bull it’s him, but still…)

Henderson alleviated concerns when asked if PLS had trouble selling spodumene on the spot market (just one part of the company’s overall strategy) in the most recent quarter:

“The demand is absolutely there for product,” he said. “It hasn’t been a case of, ‘We can’t move product’, and certainly none of our customers are not wanting product.

“It’s just been more a case of moderating pricing and contending with the question of, ‘What is the right price for the market?’. That’s where the shift has been.”

PLS has still been able to deliver a reasonably strong operational quarter again this time around…

Source: PLS Quarterly Activities Report and webcast

… and the Aussie lithium gun maintains a solid cash position, too, with $3 billion. That’s down 9% from the June quarter but the overall trend is still up when you consider the cash balance figure is roughly $1.6 billion higher than this time one year ago.

Source: PLS Quarterly Activities Report and webcast. And that there is PLS CEO Dale Henderson.

Oh, another thing. We noticed this neat graphic from Visual Capitalist, too, 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

Visual Capitlaist also notes further down its graphic, however, that Direct Lithium Extraction (DLE) processes could help supply meet the lithium demand in coming years.

MinRes goes in for Wildcat

After the recent Liontown Albemarle/Rinehart tussle, and after SQM’s major move for Azure Minerals, the ASX lithium M&A scene is still frothy, still front and centre. Mineral Resources has this week come in hot for stonking 2023 Pilbara lithium-hunting success story Wildcat Resources (ASX:WC8) .

So all that ought to tell you something about how highly prized WA’s lithium land is perceived.

The Chris Ellison-led mining giant has confirmed it’s now bought up almost a fifth of WC8, increasing its stake in the company to 19.85%. WC8 is now up about 13% as a result.

Per The Australian:

“Mr Ellison is also speculated to be a shareholder in Azure Minerals under 5 per cent, and some had suspected he may have been looking to amass more shares in the takeover target of which Mrs Rinehart recently raided, with the billionaire gaining about 18 per cent.

“Wildcat’s market value has soared on the back of promising drilling results of its Tabba Tabba lithium project near Port Hedland in Western Australia.”

$MIN I’m a happy Mineral Resources shareholder with Mr Ellison placing blocking stakes in all the key WA lithium assets. Feel for shareholders of $WC8 $GL1 $DLI $ESS as MIN will squash future value growth in their Favour. pic.twitter.com/qJP2Ur4dxu

— Tony (@HookedOnLithium) October 31, 2023

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] or [email protected]

Code Company Price % Week % Month % Year % YTD Market Cap PVW PVW Res Ltd 0.057 -14% -15% -56% -4% $5,780,072 A8G Australasian Metals 0.19 -3% -5% -16% 0% $10,424,099 INF Infinity Lithium 0.08 -4% 0% -63% -4% $38,857,736 LPI Lithium Pwr Int Ltd 0.53 1% 47% -6% 9% $330,349,719 PSC Prospect Res Ltd 0.089 -6% 17% -6% -3% $41,141,092 PAM Pan Asia Metals 0.145 -28% -28% -62% -27% $23,823,215 CXO Core Lithium 0.3475 -1% -14% -75% -68% $769,296,796 LOT Lotus Resources Ltd 0.265 18% -4% 15% 6% $312,126,110 AGY Argosy Minerals Ltd 0.1625 -14% -17% -68% -41% $224,705,200 AZS Azure Minerals 3.63 49% 34% 1513% 341% $1,555,717,697 NWC New World Resources 0.025 -7% -17% -22% -1% $58,805,293 QXR Qx Resources Limited 0.025 14% 4% -59% -2% $26,537,468 GSR Greenstone Resources 0.0075 -12% -17% -71% -2% $10,240,623 CAE Cannindah Resources 0.08 -17% -30% -59% -16% $51,449,116 AZL Arizona Lithium Ltd 0.016 7% 7% -80% -5% $51,115,035 HNR Hannans Ltd 0.008 14% 14% -62% -1% $19,072,234 COB Cobalt Blue Ltd 0.24 4% -6% -62% -35% $86,337,881 ESS Essential Metals Ltd 0.5 9% 3% 9% 18% $135,278,382 LPD Lepidico Ltd 0.009 -14% -10% -53% -1% $68,744,772 MRD Mount Ridley Mines 0.002 0% 0% -60% 0% $15,569,766 CZN Corazon Ltd 0.015 -12% 25% -12% -1% $11,080,762 LKE Lake Resources 0.16 -11% -11% -85% -64% $227,591,153 DEV Devex Resources Ltd 0.275 -5% -26% 2% -1% $113,151,334 INR Ioneer Ltd 0.155 -3% -31% -72% -23% $295,543,685 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% 0% $2,752,409,203 MAN Mandrake Res Ltd 0.036 6% -10% 3% 0% $20,956,597 RLC Reedy Lagoon Corp. 0.005 0% -17% -57% 0% $3,083,418 GBR Greatbould Resources 0.062 -6% 13% -30% -3% $32,493,551 FRS Forrestaniaresources 0.031 3% -31% -83% -11% $3,375,953 STK Strickland Metals 0.105 -5% 52% 114% 7% $168,120,341 MLX Metals X Limited 0.2725 5% -9% 7% -11% $254,034,499 CLA Celsius Resource Ltd 0.011 0% 0% -15% -1% $26,952,620 FGR First Graphene Ltd 0.077 -1% 43% -33% -4% $47,639,682 HXG Hexagon Energy 0.009 13% 0% -33% -1% $4,103,327 TLG Talga Group Ltd 1.035 -10% -13% -17% -37% $366,165,485 MNS Magnis Energy Tech 0.062 -16% -16% -83% -31% $71,969,889 PLL Piedmont Lithium Inc 0.44 -6% -29% -54% -21% $161,760,192 EUR European Lithium Ltd 0.066 -4% -13% -27% -1% $90,625,546 BKT Black Rock Mining 0.12 0% 41% -25% -2% $126,169,501 QEM QEM Limited 0.2 8% 5% 0% 2% $29,521,384 LYC Lynas Rare Earths 7.1 4% 5% -15% -75% $6,583,399,113 ESR Estrella Res Ltd 0.006 -14% -14% -43% -1% $10,554,431 ARL Ardea Resources Ltd 0.52 8% -13% -41% -19% $102,197,505 GLN Galan Lithium Ltd 0.63 -4% -4% -59% -44% $222,530,036 JRL Jindalee Resources 1.28 -6% -27% -46% -61% $76,046,287 VUL Vulcan Energy 2.15 -8% -26% -72% -418% $348,454,073 SBR Sabre Resources 0.037 12% 9% -26% 0% $11,950,934 CHN Chalice Mining Ltd 1.95 6% -16% -54% -435% $696,244,314 VRC Volt Resources Ltd 0.007 -7% -7% -67% -1% $27,575,967 NMT Neometals Ltd 0.2275 -16% -39% -79% -57% $118,961,206 AXN Alliance Nickel Ltd 0.062 5% -6% -22% -3% $43,550,377 PNN Power Minerals Ltd 0.27 13% 8% -44% -26% $20,726,206 IGO IGO Limited 9.295 -14% -27% -39% -417% $7,201,616,902 GED Golden Deeps 0.051 -2% -9% -54% -4% $5,891,640 ADV Ardiden Ltd 0.0055 38% 0% -27% 0% $13,441,677 SRI Sipa Resources Ltd 0.021 -5% 5% -59% -1% $4,791,321 NTU Northern Min Ltd 0.0305 5% 5% -27% -1% $189,151,336 AXE Archer Materials 0.42 4% -12% -40% -20% $112,132,686 PGM Platina Resources 0.027 17% 0% 42% 1% $17,449,049 AAJ Aruma Resources Ltd 0.034 3% -6% -51% -2% $6,694,311 IXR Ionic Rare Earths 0.021 -5% -9% -52% -1% $83,078,203 NIC Nickel Industries 0.78 2% 4% 7% -19% $3,192,928,361 EVG Evion Group NL 0.04 0% 11% -59% -3% $13,838,367 CWX Carawine Resources 0.118176 9% -20% 40% 2% $23,259,101 PLS Pilbara Min Ltd 3.62 -4% -16% -29% -13% $11,044,727,962 HAS Hastings Tech Met 0.795 16% 10% -78% -273% $102,846,488 BUX Buxton Resources Ltd 0.195 -7% -5% 95% 8% $35,112,106 ARR American Rare Earths 0.13 4% -13% -32% -6% $58,035,029 SGQ St George Min Ltd 0.045 13% 13% -37% -2% $38,095,874 TKL Traka Resources 0.005 0% 0% -17% 0% $4,376,646 PAN Panoramic Resources 0.033 -11% -11% -77% -14% $103,937,992 PRL Province Resources 0.041 0% 0% -49% -2% $48,441,219 IPT Impact Minerals 0.0095 -5% -21% 36% 0% $27,214,687 LIT Lithium Australia 0.031 2% -9% -34% -1% $39,110,134 AKE Allkem Limited 9.15 -10% -22% -37% -209% $6,099,125,135 ARN Aldoro Resources 0.088 0% -2% -71% -7% $12,116,137 JRV Jervois Global Ltd 0.03 -6% -14% -94% -24% $83,778,141 SYR Syrah Resources 0.6775 -4% 33% -72% -138% $449,471,990 FBM Future Battery 0.091 -3% -21% 65% 4% $45,891,539 ADD Adavale Resource Ltd 0.008 -11% -33% -73% -1% $5,842,954 LTR Liontown Resources 1.565 -12% -47% -17% 25% $3,872,103,716 CTM Centaurus Metals Ltd 0.455 -7% -33% -52% -67% $231,670,699 VML Vital Metals Limited 0.01 0% 0% -69% -1% $53,061,498 BSX Blackstone Ltd 0.1 -9% -20% -38% -4% $49,737,335 POS Poseidon Nick Ltd 0.016 7% -16% -64% -2% $59,330,842 CHR Charger Metals 0.23 28% 84% -49% -22% $10,870,014 AVL Aust Vanadium Ltd 0.0245 -6% -16% -23% 0% $129,183,776 AUZ Australian Mines Ltd 0.012 -14% -8% -81% -4% $9,355,904 TMT Technology Metals 0.22 -8% -21% -37% -13% $58,485,776 RXL Rox Resources 0.24 9% 2% 20% 7% $88,207,855 RNU Renascor Res Ltd 0.1525 5% 22% -29% -6% $368,214,087 GL1 Globallith 1.185 -4% -14% -51% -66% $309,326,457 ASN Anson Resources Ltd 0.1775 11% 27% -43% -1% $212,146,963 SYA Sayona Mining Ltd 0.07 -15% -25% -70% -12% $771,997,201 EGR Ecograf Limited 0.195 26% 77% -43% -3% $104,096,132 ATM Aneka Tambang 1.185 0% 0% 19% 29% $1,544,824 TVN Tivan Limited 0.072 4% -10% -11% 0% $113,096,071 ALY Alchemy Resource Ltd 0.011 0% -4% -67% -1% $11,780,763 GAL Galileo Mining Ltd 0.325 2% 10% -72% -56% $62,251,852 BHP BHP Group Limited 45.24 4% 2% 21% -39% $225,558,920,522 LEL Lithenergy 0.705 22% 18% -36% -7% $73,137,100 MMC Mitremining 0.225 7% -17% 25% -6% $10,203,773 RMX Red Mount Min Ltd 0.004 0% 14% -20% 0% $10,694,304 GW1 Greenwing Resources 0.13 13% -4% -61% -15% $24,395,207 AQD Ausquest Limited 0.012 -8% -8% -25% -1% $9,901,791 LML Lincoln Minerals 0.0075 -6% 25% 9% 0% $11,365,694 1MC Morella Corporation 0.005 0% -17% -75% -1% $30,693,279 REE Rarex Limited 0.03 0% -9% -44% -2% $20,501,597 MRC Mineral Commodities 0.032 -11% 8% -52% -3% $22,818,046 PUR Pursuit Minerals 0.0105 17% 17% -5% -1% $32,383,686 QPM Queensland Pacific 0.057 -5% -17% -65% -5% $114,712,661 EMH European Metals Hldg 0.625 -8% -10% -20% -2% $78,137,011 BMM Balkanminingandmin 0.13 4% -35% -55% -20% $8,944,933 PEK Peak Rare Earths Ltd 0.385 0% 3% -10% -7% $108,503,001 LEG Legend Mining 0.023 10% -4% -32% -2% $63,898,498 MOH Moho Resources 0.006 -14% -33% -74% -2% $2,040,267 AML Aeon Metals Ltd. 0.011 -15% -27% -58% -2% $13,156,807 G88 Golden Mile Res Ltd 0.02 5% -33% -17% 0% $5,929,011 WKT Walkabout Resources 0.12 -8% 4% -31% -2% $80,010,606 TON Triton Min Ltd 0.029 12% 32% 32% -1% $40,595,246 AR3 Austrare 0.195 3% -11% -40% -21% $28,520,703 ARU Arafura Rare Earths 0.1975 -10% -24% -33% -27% $390,972,468 MIN Mineral Resources. 58.55 2% -13% -20% -1865% $11,273,968,081 VMC Venus Metals Cor Ltd 0.105 5% -16% 20% 3% $19,921,512 S2R S2 Resources 0.18 -12% 0% 33% 1% $79,967,847 CNJ Conico Ltd 0.005 0% -17% -62% 0% $7,850,475 VR8 Vanadium Resources 0.046 5% -18% -29% -1% $24,756,104 PVT Pivotal Metals Ltd 0.02 0% 5% -56% -2% $10,409,497 BOA Boadicea Resources 0.039 3% -3% -61% -6% $4,800,522 IPX Iperionx Limited 1.395 12% -7% 96% 71% $243,398,716 SLZ Sultan Resources Ltd 0.017 -11% -19% -82% -7% $2,519,231 NKL Nickelxltd 0.059 9% 4% -62% -2% $5,181,095 NVA Nova Minerals Ltd 0.25 -6% 2% -64% -43% $54,831,390 MLS Metals Australia 0.037 3% 9% -5% -1% $23,089,339 MQR Marquee Resource Ltd 0.026 0% -10% -57% -1% $10,334,610 MRR Minrex Resources Ltd 0.014 -13% 0% -66% -2% $15,188,145 EVR Ev Resources Ltd 0.011 -15% -15% -50% 0% $10,392,578 EFE Eastern Resources 0.007 0% -30% -79% -2% $9,935,572 CNB Carnaby Resource Ltd 0.615 -25% -30% -30% -32% $103,407,424 BNR Bulletin Res Ltd 0.175 67% 122% 35% 8% $46,974,576 AX8 Accelerate Resources 0.04 18% 60% 33% 2% $17,242,081 AM7 Arcadia Minerals 0.085 -6% -19% -70% -12% $9,269,259 AS2 Askarimetalslimited 0.1475 -18% -20% -66% -29% $12,288,034 BYH Bryah Resources Ltd 0.013 -7% -13% -40% -1% $4,661,869 DTM Dart Mining NL 0.02 7% -3% -70% -3% $3,683,066 EMS Eastern Metals 0.032 3% -3% -72% -4% $2,637,640 FG1 Flynngold 0.068 5% 13% -32% -3% $8,046,573 GSM Golden State Mining 0.019 -14% -47% -47% -2% $3,439,589 IMI Infinitymining 0.11 -8% 0% -51% -17% $9,343,166 LRV Larvottoresources 0.16 60% 28% -3% 0% $10,760,756 LSR Lodestar Minerals 0.005 0% -17% 0% 0% $10,116,987 RAG Ragnar Metals Ltd 0.021 -9% -9% 16% 1% $10,427,581 CTN Catalina Resources 0.004 0% 0% -43% -1% $4,953,948 TMB Tambourahmetals 0.165 27% -18% 18% 6% $9,538,141 TEM Tempest Minerals 0.0075 7% -17% -74% -2% $3,579,684 EMC Everest Metals Corp 0.095 -10% -17% -5% 2% $13,061,745 WML Woomera Mining Ltd 0.011 5% 0% -19% -1% $8,605,751 KZR Kalamazoo Resources 0.09 -3% -14% -53% -12% $15,262,538 LMG Latrobe Magnesium 0.048 -2% 9% -36% -3% $82,491,484 KOR Korab Resources 0.017 0% -6% -39% -1% $6,239,850 CMX Chemxmaterials 0.068 -9% -24% -62% -12% $3,619,814 NC1 Nicoresourceslimited 0.31 2% -23% -34% -30% $32,517,227 GRE Greentechmetals 0.41 17% 3% 173% 27% $22,163,266 CMO Cosmometalslimited 0.05 0% -6% -69% -9% $1,734,833 FRB Firebird Metals 0.145 -3% 12% -33% -1% $13,371,175 S32 South32 Limited 3.315 3% -2% -8% -69% $15,057,457,526 OMH OM Holdings Limited 0.445 -2% -3% -29% -25% $343,459,852 JMS Jupiter Mines. 0.1875 -1% -4% -4% -3% $372,208,296 E25 Element 25 Ltd 0.385 5% -10% -64% -50% $82,661,527 EMN Euromanganese 0.115 -8% -18% -57% -24% $28,120,200 KGD Kula Gold Limited 0.014 8% 8% -56% -1% $5,224,967 LRS Latin Resources Ltd 0.2375 -5% -3% 107% 14% $679,264,019 CRR Critical Resources 0.026 -4% -32% -53% -2% $48,001,958 ENT Enterprise Metals 0.004 0% 0% -56% -1% $3,197,884 SCN Scorpion Minerals 0.051 -7% -7% -27% -2% $17,682,016 GCM Green Critical Min 0.008 0% 14% -33% -1% $9,092,680 ENV Enova Mining Limited 0.006 -14% -14% -54% -1% $3,845,576 RBX Resource B 0.11 0% -21% 28% 3% $9,508,716 AKN Auking Mining Ltd 0.044 0% -31% -63% -5% $7,755,941 RR1 Reach Resources Ltd 0.012 9% -17% 140% 1% $38,403,565 EMT Emetals Limited 0.007 0% -13% -42% 0% $5,950,000 PNT Panthermetalsltd 0.073 -3% 4% -60% -12% $4,525,100 WIN Widgienickellimited 0.18 -3% -9% -36% -15% $55,119,835 WMG Western Mines 0.3 -5% 5% 161% 14% $18,140,321 AVW Avira Resources Ltd 0.002 33% 0% -33% 0% $4,267,580 CAI Calidus Resources 0.19 23% 23% -45% -8% $118,996,216 GT1 Greentechnology 0.41 4% -2% -56% -42% $88,385,672 KAI Kairos Minerals Ltd 0.017 -15% -23% -40% 0% $41,934,595 MTM MTM Critical Metals 0.021 -5% -43% -83% -6% $2,185,416 NWM Norwest Minerals 0.0305 -5% 2% -29% -2% $8,770,870 PGD Peregrine Gold 0.285 1% 14% -34% -10% $15,194,955 RAS Ragusa Minerals Ltd 0.045 32% 22% -80% -7% $5,418,754 RGL Riversgold 0.009 -10% -31% -78% -2% $9,036,984 SRZ Stellar Resources 0.0085 -15% -29% -29% 0% $9,883,678 STM Sunstone Metals Ltd 0.017 13% 0% -47% -2% $55,475,728 ZNC Zenith Minerals Ltd 0.082 -14% -25% -71% -18% $31,361,899 WC8 Wildcat Resources 0.745 11% 67% 2469% 72% $733,798,901 ASO Aston Minerals Ltd 0.033 -13% 10% -55% -5% $38,851,928 THR Thor Energy PLC 0.027 8% -29% -61% -3% $4,761,086 YAR Yari Minerals Ltd 0.017 13% -6% -32% 0% $8,200,083 IG6 Internationalgraphit 0.18 9% -3% -41% -9% $15,127,979 LPM Lithium Plus 0.45 18% -4% -20% 8% $31,674,336 ODE Odessa Minerals Ltd 0.007 0% -44% -59% -1% $7,576,895 KOB Kobaresourceslimited 0.07 4% -13% -59% -7% $7,379,167 AZI Altamin Limited 0.06 2% -8% -29% -2% $23,111,288 FTL Firetail Resources 0.1 0% 1% -38% -6% $16,379,611 LNR Lanthanein Resources 0.007 17% -13% -76% -1% $7,851,029 CLZ Classic Min Ltd 0.001 0% 0% -94% -1% $12,357,082 NVX Novonix Limited 0.76 2% -8% -72% -71% $329,811,881 OCN Oceanalithiumlimited 0.13 -13% -42% -72% -22% $7,696,093 SUM Summitminerals 0.095 2% -17% -47% -5% $4,241,484 DVP Develop Global Ltd 3.29 11% -5% 25% 11% $664,545,410 XTC Xantippe Res Ltd 0.001 0% 0% -76% 0% $17,528,005 OD6 Od6Metalsltd 0.15 -23% -9% -25% -19% $8,252,324 HRE Heavy Rare Earths 0.09 64% -1% -45% -3% $5,443,914 LIN Lindian Resources 0.17 -8% -21% -17% 2% $184,307,558 PEK Peak Rare Earths Ltd 0.385 0% 3% -10% -7% $108,503,001 ILU Iluka Resources 7.26 6% -5% -16% -227% $3,084,473,866 ASM Ausstratmaterials 1.4 9% -4% -29% -4% $235,153,083 ETM Energy Transition 0.032 -14% -22% -36% -3% $46,095,296 VMS Venture Minerals 0.009 -10% -10% -57% -1% $17,550,117 IDA Indiana Resources 0.05 0% -14% -18% -1% $30,009,416 VTM Victory Metals Ltd 0.28 30% 51% 47% 6% $20,224,914 M2R Miramar 0.0215 -37% -39% -76% -5% $3,424,000 WCN White Cliff Min Ltd 0.01 -17% -9% -47% 0% $12,570,186 TAR Taruga Minerals 0.0105 5% 17% -67% -1% $7,060,268 ABX ABX Group Limited 0.069 -9% -13% -54% -5% $16,479,175 MEK Meeka Metals Limited 0.039 -7% -15% -33% -3% $47,438,357 RR1 Reach Resources Ltd 0.012 9% -17% 140% 1% $38,403,565 DRE Dreadnought Resources Ltd 0.033 -8% -30% -71% -7% $110,622,250 KFM Kingfisher Mining 0.14 -7% -24% -74% -34% $8,057,250 AOA Ausmon Resorces 0.0035 17% 17% -42% 0% $3,524,498 WC1 Westcobarmetals 0.07 6% -18% -61% -10% $6,799,356 GRL Godolphin Resources 0.038 6% 3% -58% -4% $6,092,713 DM1 Desert Metals 0.039 -7% -7% -90% -16% $2,829,102 PTR Petratherm Ltd 0.044 -14% -20% -27% -1% $10,338,552 ITM Itech Minerals Ltd 0.125 -11% -6% -58% -14% $14,662,027 KTA Krakatoa Resources 0.025 32% 14% -61% -2% $10,437,550 M24 Mamba Exploration 0.029 -17% -38% -77% -12% $1,890,483 LNR Lanthanein Resources 0.007 17% -13% -76% -1% $7,851,029 TKM Trek Metals Ltd 0.046 0% -16% -27% -3% $24,882,004 BCA Black Canyon Limited 0.15 0% 25% -38% -9% $9,846,657 CDT Castle Minerals 0.01 -9% 0% -57% -1% $11,757,430 DLI Delta Lithium 0.575 -2% -23% 6% 10% $312,252,304 A11 Atlantic Lithium 0.4 -10% -16% -44% -22% $229,590,623 KNI Kunikolimited 0.275 4% -15% -59% -24% $20,617,504 CY5 Cygnus Metals Ltd 0.175 46% 9% -63% -21% $55,108,101 WR1 Winsome Resources 1.32 11% -11% 184% 9% $234,374,828 LLI Loyal Lithium Ltd 0.48 14% -27% 9% 19% $33,789,764 BC8 Black Cat Syndicate 0.21 14% 0% -29% -15% $64,659,771 BUR Burleyminerals 0.215 13% 19% 10% -1% $21,272,319 PBL Parabellumresources 0.345 0% 0% -23% 1% $18,879,263 L1M Lightning Minerals 0.125 -7% 4% 0% -4% $5,090,633 WA1 Wa1Resourcesltd 9.33 76% 81% 652% 794% $361,034,703 EV1 Evolutionenergy 0.155 -9% -6% -39% -7% $28,058,039 1AE Auroraenergymetals 0.1 2% -38% -50% -5% $14,965,451 RVT Richmond Vanadium 0.38 4% 0% 0% 15% $32,758,966 PMT Patriotbatterymetals 1.09 -6% -12% 0% 34% $413,876,571 PAT Patriot Lithium 0.21 20% 20% 0% -6% $13,416,375 BM8 Battery Age Minerals 0.21 -2% -22% -58% -29% $18,718,746 OM1 Omnia Metals Group 0.078 10% -9% -48% -8% $3,786,192 VHM Vhmlimited 0.475 1% -3% 0% 0% $73,879,740 LLL Leolithiumlimited 0.505 0% 0% -19% 2% $498,553,663 SRN Surefire Rescs NL 0.016 14% 14% 23% 0% $26,478,958 SRL Sunrise 0.705 -10% -8% -65% -122% $65,414,936 SYR Syrah Resources 0.6775 -4% 33% -72% -138% $449,471,990 EG1 Evergreenlithium 0.2 -2% -29% 0% 0% $13,776,350 WSR Westar Resources 0.0165 -8% -23% -65% -3% $3,151,078 LU7 Lithium Universe Ltd 0.038 -7% -27% -5% 1% $14,375,310 MEI Meteoric Resources 0.24 4% 7% 1900% 19% $475,828,496 REC Rechargemetals 0.13 -7% -35% -19% -1% $14,475,757 SLM Solismineralsltd 0.26 21% 8% 300% 19% $18,651,409 DYM Dynamicmetalslimited 0.18 13% -12% 0% 0% $5,775,000 TOR Torque Met 0.18 13% -48% -3% 0% $23,531,627 ICL Iceni Gold 0.061 -9% -20% -13% -2% $14,631,286 TMX Terrain Minerals 0.005 11% 0% -29% 0% $6,767,139 MHC Manhattan Corp Ltd 0.005 0% -29% -29% 0% $14,684,899 MHK Metalhawk. 0.1 18% 5% -46% -7% $8,664,811 ANX Anax Metals Ltd 0.032 -3% -11% -42% -2% $15,046,637 FIN FIN Resources Ltd 0.031 41% 158% 35% 1% $19,252,096 LM1 Leeuwin Metals Ltd 0.275 -5% 10% 0% 0% $12,315,875 HAW Hawthorn Resources 0.091 0% -1% 8% -2% $31,826,483 LCY Legacy Iron Ore 0.017 -6% 6% -6% 0% $108,916,045

WordPress Tables Plugin