Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium.

Scroll down for a table showing the recent performance of 200 ASX battery metal stocks.

INDUSTRY FOCUS

Australia’s electric vehicle industry has moved closer to the centre of the policy debate ahead of next month’s federal election, after the opposition Labor Party set out some aggressive targets in a policy announcement to start the week.

By 2030, it wants half of all new cars sold in Australia to be electric vehicles — part of a plan to cut the country’s CO2 emissions by almost 50 per cent over the next decade. The policy will involve incentives for businesses to go electric, and punishments for a breach of emissions caps.

“We have ten times lower electric vehicle take-up than the global average, and we’re at risk of being left behind,” Labor said in its announcement.

Moving on from electric vehicles to energy grids, new research indicates that lithium-ion batteries are becoming increasingly competitive with gas and coal.

Findings from Bloomberg New Energy Finance showed that the “levelised cost of electricity” (LCOE) for lithium-ion batteries has fallen by 35 per cent since the first half of 2018.

When combined with solar and wind sources, lithium-ion battery storage now represents a cost-competitive power source to relieve pressure on the grid during periods of peak demand.

BNEF reckons energy storage will be a $US620 billion market by 2040. That’s a lot of lithium-ion batteries. But will technological advancements give rise to some new entrants in the market?

As an example, South Australian company CCT Energy Storage reckons it’s developed the world’s first commercial Thermal Energy Device (TED) battery.

CCE chief Serge Bondarenko spoke to Stockhead last week about how thermal storage out-performs lithium-ion on a number of key metrics.

Switching back to car batteries, and an overview of the global market published this week forecast that it will grow in size to $US92 billion over the next five years.

So while supply issues continue to plague the markets for lithium and cobalt in the short-term, the medium-term outlook indicates that demand will continue to grow steadily through to 2024.

That could be good news for Aussie companies like Talga, which wants to use its undeveloped graphite deposit in Sweden to develop products that help electric vehicle batteries charge faster and perform for longer.

SMALL CAP SPOTLIGHT

Of the companies we track in this space, there were 88 losers last week, while 53 were ahead and 51 held steady.

Leading the pack was Lithium Consolidated (ASX: LI3), which rose above seven cents to close 54 per cent higher for the week.

The stock posted steady gains after a 30 per cent spike on Monday, when it announced it had secured two new lithium exploration licenses in northern Mozambique. But like many small-cap players in the lithium space, it’s had a rough 12 months and is still down 29 per cent for the year.

And it was a good week for Korab Resources (ASX: KOR), which came out of a March trading halt to finish the week at 3.8 cents — a gain of 50 per cent.

The share price increase came in conjunction that Korab has received expressions of interest to purchase magnesia from its Winchester magnesium carbonate project in the Northern Territory.

Here’s a table of ASX battery metal stocks with exposure to lithium, cobalt, graphite, manganese and vanadium>>>

Ticker Name 1 Week Price Change % 1 Year Price Change % Share Price [April 01] Market Cap
LI3 LITHIUM CONSOLIDATED LTD 54 -29 0.078 $6,811,659.00
GPP GREENPOWER ENERGY LTD 50 -79 0.002 $4,696,111.00
KOR KORAB RESOURCES LTD 41 -17 0.038 $12,045,383.00
WCN WHITE CLIFF MINERALS LTD 40 -95 0.007 $2,822,081.25
CMC CHINA MAGNESIUM CORP LTD 25 100 0.04 $18,035,104.00
ENT ENTERPRISE METALS LTD 25 -50 0.011 $3,880,627.50
RLC REEDY LAGOON CORP LTD 25 -88 0.005 $2,011,358.50
OAR OAKDALERESOURCES LTD 21 -39 0.017 $3,088,202.00
AYR ALLOY RESOURCES LTD 20 -75 0.002 $4,731,233.00
SYA SAYONA MINING LTD 20 -69 0.017 $30,982,680.00
ARU ARAFURA RESOURCES LTD 19 -51 0.056 $38,234,364.00
AGY ARGOSY MINERALS LTD 17 -64 0.11 $148,128,848.00
LML LINCOLN MINERALS LTD 17 -79 0.007 $4,024,885.75
CAZ CAZALY RESOURCES LTD 16 -37 0.026 $7,592,752.50
PIO PIONEER RESOURCES LTD 14 -33 0.015 $24,118,802.00
IEC INTRA ENERGY CORP LTD 13 31 0.019 $6,203,584.50
PLS PILBARA MINERALS LTD 11 -4 0.7625 $1,466,852,736.00
PAN PANORAMIC RESOURCES LTD 11 -9 0.41 $193,115,904.00
PMY PACIFICO MINERALS LTD 10 -50 0.006 $6,585,751.50
KTA KRAKATOA RESOURCES LTD 10 -45 0.022 $2,350,000.00
GWR GWR GROUP LTD 10 -44 0.1 $25,351,744.00
PUR PURSUIT MINERALS LTD 10 -82 0.023 $4,463,183.00
BSM BASS METALS LTD 9 -60 0.012 $33,462,790.00
ZNC ZENITH MINERALS LTD 9 -71 0.063 $12,765,728.00
EME ENERGY METALS LTD 9 24 0.12 $25,161,998.00
ARM AURORA MINERALS LTD 7 -48 0.015 $1,639,866.00
AUR AURIS MINERALS LTD 7 -55 0.03 $12,260,440.00
GBE GLOBE METALS AND MINING LTD 7 0 0.016 $7,454,758.00
WML WOOMERA MINING LTD 6 -78 0.035 $3,831,950.75
HWK HAWKSTONE MINING LTD 6 -54 0.018 $9,695,406.00
E25 ELEMENT 25 LTD 6 -37 0.19 $15,533,405.00
BPL BROKEN HILL PROSPECTING LTD 5 -86 0.021 $2,957,668.00
SVM SOVEREIGN METALS LTD 5 -25 0.091 $32,334,630.00
TON TRITON MINERALS LTD 5 -38 0.042 $38,012,656.00
ASN ANSON RESOURCES LTD 5 41 0.074 $34,387,000.00
CZI CASSINI RESOURCES LTD 4 39 0.099 $33,168,680.00
RIO RIO TINTO LTD 4 52 99.05 $138,174,709,760.00
ERX EXORE RESOURCES LTD 4 59 0.085 $39,571,104.00
BAU BAUXITE RESOURCES LTD 3 0 0.062 $12,865,340.00
ORN ORION MINERALS LTD 3 -24 0.031 $56,212,004.00
WKT WALKABOUT RESOURCES LTD 3 74 0.16 $45,637,464.00
DEG DE GREY MINING LTD 3 -40 0.096 $41,046,112.00
BEM BLACKEARTH MINERALS NL 3 -55 0.073 $6,022,040.50
SYR SYRAH RESOURCES LTD 2 -66 1.0375 $368,400,160.00
BDC BARDOC GOLD LTD 2 -57 0.044 $47,654,680.00
GPX GRAPHEX MINING LTD 2 -25 0.215 $19,210,426.00
AML AEON METALS LTD 2 -9 0.255 $168,267,424.00
MNS MAGNIS ENERGY TECHNOLOGIES L 2 -38 0.27 $165,006,720.00
LKE LAKE RESOURCES NL 2 -58 0.055 $19,449,770.00
SO4 SALT LAKE POTASH LTD 2 2 0.585 $118,605,584.00
CLQ CLEAN TEQ HOLDINGS LTD 2 -73 0.305 $220,166,176.00
MIN MINERAL RESOURCES LTD 1 -4 16.22 $2,870,276,352.00
BKT BLACK ROCK MINING LTD 1 35 0.063 $38,646,356.00
SXX SOUTHERN CROSS EXPLORATION 0 -38 0.005 $5,384,216.00
NZC NZURI COPPER LTD 0 -13 0.31 $93,210,232.00
EMH EUROPEAN METALS HLDS LT-CDI 0 -24 0.315 $46,192,300.00
ESR ESTRELLA RESOURCES LTD 0 -48 0.014 $7,425,366.00
KLH KALIA LTD 0 -67 0.003 $7,543,042.00
PSM PENINSULA MINES LTD 0 -64 0.004 $3,451,488.25
PSC PROSPECT RESOURCES LTD 0 -67 0.018 $34,783,956.00
CDT CASTLE MINERALS LTD 0 -67 0.007 $1,566,571.88
ANW AUS TIN MINING LTD 0 -30 0.014 $25,846,220.00
FEL FE LTD 0 -57 0.016 $6,158,047.50
CHK COHIBA MINERALS LTD 0 22 0.011 $7,310,756.50
ADV ARDIDEN LTD 0 -80 0.003 $5,030,640.50
ARE ARGONAUT RESOURCES NL 0 -23 0.018 $24,870,090.00
NWC NEW WORLD COBALT LTD 0 -89 0.011 $6,066,694.00
SGQ ST GEORGE MINING LTD 0 -3 0.16 $49,189,176.00
SVD SCANDIVANADIUM LTD 0 -57 0.011 $3,870,527.00
KNL KIBARAN RESOURCES LTD 0 -23 0.105 $27,629,234.00
NXE NEW ENERGY MINERALS LTD 0 -88 0.029 $4,526,863.50
DHR DARK HORSE RESOURCES LTD 0 -78 0.005 $7,904,346.50
SCI SILVER CITY MINERALS LTD 0 -79 0.011 $2,937,102.50
SUH SOUTHERN HEMISPHERE MINING 0 -45 0.033 $2,919,492.50
LRS LATIN RESOURCES LTD 0 -82 0.002 $6,527,506.50
CAD CAENEUS MINERALS LTD 0 -67 0.001 $18,619,644.00
HMX HAMMER METALS LTD 0 -38 0.025 $7,543,130.00
JMS JUPITER MINES LTD 0 383 0.35 $666,056,960.00
AXE ARCHER EXPLORATION LTD 0 -40 0.069 $13,441,300.00
DTM DART MINING NL 0 -38 0.006 $5,568,257.00
BUX BUXTON RESOURCES LTD 0 -12 0.11 $15,646,375.00
VMC VENUS METALS CORP LTD 0 31 0.17 $15,489,497.00
VML VITAL METALS LTD 0 -20 0.0075 $13,069,585.00
AMD ARROW MINERALS LTD 0 -67 0.011 $3,459,946.75
VRC VOLT RESOURCES LTD 0 -44 0.022 $29,109,564.00
HIG HIGHLANDS PACIFIC LTD 0 18 0.105 $114,737,056.00
BDI BLINA MINERALS NL 0 -33 0.001 $4,543,882.50
AJM ALTURA MINING LTD 0 -68 0.1325 $297,564,736.00
CGM COUGAR METALS NL 0 -88 0.001 $1,065,472.13
CGN CRATER GOLD MINING LTD 0 -32 0.012 $15,957,446.00
LCD LATITUDE CONSOLIDATED LTD 0 -53 0.016 $4,402,864.00
TKL TRAKA RESOURCES LTD 0 -73 0.014 $4,638,494.50
POS POSEIDON NICKEL LTD 0 14 0.042 $110,993,480.00
RDS REDSTONE RESOURCES LTD 0 4 0.013 $6,122,536.00
COB COBALT BLUE HOLDINGS LTD 0 -89 0.145 $18,066,062.00
BYH BRYAH RESOURCES LTD 0 -55 0.067 $4,076,958.00
OKR OKAPI RESOURCES LTD 0 -59 0.17 $5,838,287.50
TNO TANDO RESOURCES LTD 0 -46 0.096 $19,383,708.00
CNJ CONICO LTD 0 -63 0.016 $5,276,374.00
CRL COMET RESOURCES LTD 0 -62 0.03 $6,958,500.00
LPI LITHIUM POWER INTERNATIONAL 0 -41 0.205 $53,815,352.00
BMT BERKUT MINERALS LTD 0 -3 0.14 $8,419,083.00
RMX RED MOUNTAIN MINING LTD 0 -47 0.005 $3,890,184.00
GME GME RESOURCES LTD 0 -54 0.07 $35,196,236.00
LIT LITHIUM AUSTRALIA NL -1 -48 0.083 $37,770,780.00
TLG TALGA RESOURCES LTD -2 -27 0.62 $135,356,192.00
CXO CORE LITHIUM LTD -2 -11 0.056 $37,501,200.00
ARL ARDEA RESOURCES LTD -2 -63 0.46 $50,949,804.00
JRV JERVOIS MINING LTD -2 -47 0.23 $52,466,804.00
TNG TNG LTD -2 -46 0.089 $87,675,536.00
MXR MAXIMUS RESOURCES LTD -3 -35 0.076 $2,361,295.25
FGR FIRST GRAPHENE LTD -3 6 0.175 $72,393,824.00
KDR KIDMAN RESOURCES LTD -3 -41 1.195 $485,756,896.00
ORE OROCOBRE LTD -3 -37 3.385 $865,674,240.00
HAV HAVILAH RESOURCES LTD -3 -40 0.155 $30,554,868.00
HXG HEXAGON RESOURCES LTD -3 -45 0.14 $40,849,676.00
LPD LEPIDICO LTD -4 -34 0.028 $87,260,552.00
S32 SOUTH32 LTD -4 22 3.745 $18,873,987,072.00
DEV DEVEX RESOURCES LTD -4 -42 0.046 $4,321,187.00
VXR VENTUREX RESOURCES LTD -4 10 0.235 $62,946,596.00
IDA INDIANA RESOURCES LTD -4 -18 0.046 $4,875,764.50
A4N ALPHA HPA LTD -4 -19 0.11 $62,381,000.00
KAI KAIROS MINERALS LTD -5 -43 0.018 $17,045,456.00
INF INFINITY LITHIUM CORP LTD -5 -35 0.081 $15,974,373.00
PLL PIEDMONT LITHIUM LTD -5 -25 0.11 $73,741,840.00
KSN KINGSTON RESOURCES LTD -5 -5 0.019 $23,240,770.00
LTR LIONTOWN RESOURCES LTD -5 -45 0.021 $30,215,704.00
MTC METALSTECH LTD -5 -91 0.019 $2,339,077.75
MZZ MATADOR MINING LIMITED -5 -40 0.19 $10,237,833.00
AVL AUSTRALIAN VANADIUM LTD -5 -59 0.019 $37,503,032.00
THR THOR MINING PLC-CDI -5 -60 0.016 $11,470,409.00
GXY GALAXY RESOURCES LTD -6 -36 1.915 $753,919,424.00
RNU RENASCOR RESOURCES LTD -6 -47 0.018 $19,608,214.00
RTR RUMBLE RESOURCES LTD -6 -4 0.05 $17,998,820.00
GED GOLDEN DEEPS LTD -6 -40 0.033 $5,655,566.00
BGS BIRIMIAN LTD -6 -64 0.165 $40,999,068.00
BAT BATTERY MINERALS LTD -6 -62 0.032 $36,751,160.00
TRT TODD RIVER RESOURCES LTD -6 -30 0.075 $11,358,619.00
NMT NEOMETALS LTD -6 -28 0.23 $122,394,208.00
TMT TECHNOLOGY METALS AUSTRALIA -6 -50 0.215 $20,575,230.00
CHN CHALICE GOLD MINES LTD -6 17 0.15 $38,652,380.00
OMH OM HOLDINGS LTD -7 -8 1.225 $908,506,688.00
PM1 PURE MINERALS LTD -7 -26 0.014 $4,715,686.00
NVA NOVA MINERALS LTD -7 -59 0.014 $11,612,012.00
DGR DGR GLOBAL LTD -7 53 0.13 $82,779,552.00
SEI SPECIALITY METALS INTERNATIO -7 -7 0.027 $15,536,540.00
AVZ AVZ MINERALS LTD -7 -84 0.041 $91,327,936.00
POW PROTEAN ENERGY LTD -7 -58 0.013 $3,737,247.00
PGM PLATINA RESOURCES LTD -7 -38 0.065 $17,696,458.00
EUR EUROPEAN LITHIUM LTD -7 -44 0.12 $72,632,896.00
IRC INTERMIN RESOURCES LTD -7 -46 0.13 $31,777,442.00
AUZ AUSTRALIAN MINES LTD -8 -76 0.025 $71,912,344.00
MEI METEORIC RESOURCES NL -8 -66 0.012 $7,997,469.00
MRR MINREX RESOURCES LTD -8 -87 0.011 $1,054,655.00
ADN ANDROMEDA METALS LTD -8 -31 0.0055 $7,455,245.50
FCC FIRST COBALT CORP-CDI -9 -84 0.16 $49,201,664.00
BAR BARRA RESOURCES LTD -9 -39 0.031 $16,166,722.00
4CE FORCE COMMODITIES LTD -9 -89 0.009 $3,820,642.75
GLN GALAN LITHIUM LTD -10 130 0.235 $27,143,364.00
BOA BOADICEA RESOURCES LTD -10 -18 0.18 $9,512,131.00
RIE RIEDEL RESOURCES LTD -10 -87 0.009 $3,762,627.25
HNR HANNANS LTD -10 -44 0.01 $19,879,546.00
INR IONEER LTD -11 -64 0.175 $250,747,200.00
BSX BLACKSTONE MINERALS LTD -11 -83 0.081 $9,088,586.00
AOU AUROCH MINERALS LTD -11 -33 0.062 $6,130,716.00
HGM HIGH GRADE METALS LTD -13 -88 0.007 $3,170,565.00
VMS VENTURE MINERALS LTD -13 -35 0.02 $10,412,240.00
EUC EUROPEAN COBALT LTD -14 -75 0.02 $15,233,947.00
SRK STRIKE RESOURCES LTD -14 32 0.08 $12,062,744.00
AUT AUTECO MINERALS LTD -14 0 0.006 $5,414,788.00
CUL CULLEN RESOURCES LTD -14 -61 0.012 $2,033,577.88
JRL JINDALEE RESOURCES LTD -15 -13 0.225 $8,748,694.00
MCT METALICITY LTD -15 -68 0.011 $6,627,101.00
CLA CELSIUS RESOURCES LTD -16 -89 0.016 $12,115,489.00
TKM TREK METALS LTD -17 -78 0.005 $1,873,821.63
OAU ORA GOLD LTD -18 -57 0.009 $6,460,959.00
CZR COZIRON RESOURCES LTD -18 -59 0.009 $16,069,961.00
MZN MARINDI METALS LTD -20 -60 0.004 $7,939,035.50
SBR SABRE RESOURCES LTD -20 -75 0.004 $1,627,894.38
N27 NORTHERN COBALT LTD -20 -82 0.06 $3,228,804.25
MLM METALLICA MINERALS LTD -21 -49 0.023 $7,439,290.50
MQR MARQUEE RESOURCES LIMITED -21 -90 0.041 $1,752,515.63
AEE AURA ENERGY LTD -21 -52 0.011 $14,694,025.00
TAR TARUGA MINERALS LTD -22 -84 0.05 $7,058,362.00
AZI ALTA ZINC LTD -25 -63 0.0035 $4,106,897.00
PNN PEPINNINI LITHIUM LTD -25 -90 0.003 $2,456,023.25
SI6 SIX SIGMA METALS LTD -25 -81 0.003 $1,372,509.50
CZN CORAZON MINING LTD -25 -79 0.003 $3,795,850.00
SRN SUREFIRE RESOURCES NL -25 -75 0.003 $1,321,960.88
MTH MITHRIL RESOURCES LTD -29 -85 0.005 $2,534,335.25
MLS METALS AUSTRALIA LTD -33 -60 0.002 $5,383,595.50
MTB MOUNT BURGESS MINING NL -40 -73 0.003 $1,355,638.13

We can’t leave without updating our newsfeed from Planet Elon Musk.

It’s not related to Model 3 production or SpaceX rockets. No, it’s Musk’s homage to beloved gorilla Harambe (now deceased) — in the form of an autotune mumble-rap posted to SoundCloud.

Has Elon advanced from consuming weed and whiskey with Joe Rogan to getting completely smacked off some high-grade edibles? Will this listening experience amount to two minutes of your life you can never get back? The only way to find answers to those questions is to hit play on the link below: