- Ford invests a further £149m on expanding production of electric vehicle components
- The move comes as the carmakers combustion engine factory in Liverpool accelerates electric transition
- Charger Metals kicks off spodumene-pegmatite drilling at Lake Johnston
All your lithium news, Friday December.
Building on its commitment to grow an all-electric vehicle range, Ford has invested a further £149mn on expanding production of electric vehicle components at the car makers factory in Liverpool.
The boost increases electric drive unit production capacity at the Halewood plant by 70pc to 420,000 units a year, from 250,000 units, starting in 2024.
It also brings Ford’s total investment to almost £380 million as the plant, which currently produces transmissions for internal combustion engine vehicles, undergoes a transition to production of EV parts.
“The latest investment will help safeguard the 500 high-value Ford jobs at Halewood and upskill them for Ford’s EV future,” the company said on Thursday.
“Our vision in Europe is to build a thriving business, by extending leadership in commercial vehicles and through the electrification of our car range,” Ford’s European industrial operations vice-president Kieran Cahill says.
“Halewood is playing a critical part as our first in-house investment in EV component manufacturing in Europe.”
Ford’s EV push in Europe supports the acceleration of the company’s global plan for a two million annual production of EVs in the same 2026 time frame.
Here’s how ASX lithium companies are tracking:
| CODE | COMPANY | PRICE | % TODAY | MARKET CAP |
|---|---|---|---|---|
| ADV | Ardiden Ltd | 0.009 | 13% | $21,346,683 |
| AGY | Argosy Minerals Ltd | 0.67 | 0% | $940,953,024 |
| 1MC | Morella Corporation | 0.018 | 0% | $104,428,004 |
| AML | Aeon Metals Ltd. | 0.03 | 7% | $30,699,217 |
| ASN | Anson Resources Ltd | 0.23 | -2% | $276,335,090 |
| AVZ | AVZ Minerals Ltd | 0.78 | 0% | $2,752,409,203 |
| CXO | Core Lithium | 1.3675 | 2% | $2,463,348,021 |
| EMH | European Metals Hldg | 0.755 | 1% | $89,309,462 |
| ESS | Essential Metals Ltd | 0.425 | 0% | $110,059,670 |
| EUR | European Lithium Ltd | 0.083 | 0% | $120,286,852 |
| GLN | Galan Lithium Ltd | 1.43 | -1% | $441,626,327 |
| INF | Infinity Lithium | 0.175 | -3% | $81,361,344 |
| INR | Ioneer Ltd | 0.6025 | 0% | $1,259,002,960 |
| JRL | Jindalee Resources | 2.16 | -2% | $126,233,725 |
| LIT | Lithium Australia | 0.05 | 0% | $61,059,584 |
| LKE | Lake Resources | 1.03 | 2% | $1,398,255,203 |
| LPD | Lepidico Ltd | 0.016 | 0% | $122,204,340 |
| LPI | Lithium Pwr Int Ltd | 0.5375 | 2% | $205,380,591 |
| LTR | Liontown Resources | 2.08 | 3% | $4,436,799,407 |
| MIN | Mineral Resources. | 89.78 | 1% | $16,934,096,169 |
| MLS | Metals Australia | 0.045 | 0% | $27,316,629 |
| AKE | Allkem Limited | 14.365 | 2% | $8,959,096,108 |
| PLL | Piedmont Lithium Inc | 0.82 | -1% | $437,883,764 |
| PLS | Pilbara Min Ltd | 4.82 | 1% | $14,254,444,022 |
| QPM | Queensland Pacific | 0.1275 | -2% | $227,025,230 |
| PSC | Prospect Res Ltd | 0.16 | 3% | $71,650,217 |
| RLC | Reedy Lagoon Corp. | 0.013 | 0% | $7,246,550 |
| SYA | Sayona Mining Ltd | 0.2325 | 1% | $1,997,327,253 |
| TKL | Traka Resources | 0.006 | 0% | $4,132,647 |
| TON | Triton Min Ltd | 0.033 | 18% | $38,717,957 |
| VUL | Vulcan Energy | 7.29 | -2% | $1,063,547,933 |
| GL1 | Globallith | 2.35 | 1% | $493,459,954 |
| BMM | Balkanminingandmin | 0.29 | 0% | $12,473,119 |
| LEL | Lithenergy | 0.975 | 7% | $55,037,250 |
| ARN | Aldoro Resources | 0.29 | -5% | $34,308,632 |
| NMT | Neometals Ltd | 1.04 | 2% | $563,796,000 |
| IGO | IGO Limited | 16.24 | 1% | $12,123,857,686 |
| CHR | Charger Metals | 0.57 | 6% | $23,547,259 |
| AAJ | Aruma Resources Ltd | 0.073 | 3% | $11,144,267 |
| PAM | Pan Asia Metals | 0.435 | -3% | $66,085,016 |
| AX8 | Accelerate Resources | 0.029 | 0% | $9,019,804 |
| AM7 | Arcadia Minerals | 0.255 | -5% | $12,491,686 |
| AS2 | Askarimetalslimited | 0.395 | 0% | $19,488,953 |
| BYH | Bryah Resources Ltd | 0.028 | 0% | $7,875,097 |
| DTM | Dart Mining NL | 0.065 | 0% | $10,091,910 |
| EMS | Eastern Metals | 0.098 | 0% | $3,828,312 |
| FG1 | Flynngold | 0.11 | 0% | $7,046,716 |
| FRS | Forrestaniaresources | 0.145 | -9% | $8,067,171 |
| GSM | Golden State Mining | 0.048 | -11% | $6,318,767 |
| IMI | Infinitymining | 0.37 | 3% | $23,057,395 |
| LRV | Larvottoresources | 0.185 | 0% | $9,232,518 |
| MMC | Mitremining | 0.25 | -4% | $7,042,126 |
| RAG | Ragnar Metals Ltd | 0.018 | 6% | $6,446,143 |
| CTN | Catalina Resources | 0.009 | 6% | $10,527,139 |
| TMB | Tambourahmetals | 0.14 | 0% | $5,766,964 |
| TEM | Tempest Minerals | 0.027 | 0% | $13,628,687 |
| TSCDA | Twenty Seven Co. Ltd | 0.078 | 3% | $8,088,874 |
| WCN | White Cliff Min Ltd | 0.016 | 0% | $11,961,654 |
| WML | Woomera Mining Ltd | 0.015 | 0% | $14,093,764 |
| AZL | Arizona Lithium Ltd | 0.071 | -4% | $178,334,492 |
| CRR | Critical Resources | 0.052 | -4% | $80,650,169 |
| KGD | Kula Gold Limited | 0.032 | -3% | $11,919,993 |
| LRS | Latin Resources Ltd | 0.14 | 8% | $262,121,048 |
| PNN | Power Minerals Ltd | 0.615 | -1% | $44,737,643 |
| WR1 | Winsome Resources | 1.25 | 14% | $153,111,223 |
| KZR | Kalamazoo Resources | 0.22 | 7% | $30,507,972 |
| MTM | Mtmongerresources | 0.1 | 0% | $4,825,479 |
| QXR | Qx Resources Limited | 0.056 | 0% | $49,384,290 |
| SCN | Scorpion Minerals | 0.072 | -3% | $24,694,258 |
| AZI | Altamin Limited | 0.085 | -11% | $37,213,091 |
| ENT | Enterprise Metals | 0.009 | 13% | $5,223,846 |
| KAI | Kairos Minerals Ltd | 0.029 | 4% | $54,994,618 |
| STM | Sunstone Metals Ltd | 0.037 | 3% | $94,336,071 |
| PGD | Peregrine Gold | 0.435 | -2% | $17,244,591 |
| AVW | Avira Resources Ltd | 0.0035 | 17% | $6,401,370 |
| NVA | Nova Minerals Ltd | 0.74 | 5% | $147,811,197 |
| GT1 | Greentechnology | 1 | -1% | $193,599,469 |
| BNR | Bulletin Res Ltd | 0.11 | -4% | $33,647,977 |
| RMX | Red Mount Min Ltd | 0.005 | 0% | $8,211,819 |
| CAI | Calidus Resources | 0.3525 | 2% | $151,034,688 |
| MRR | Minrex Resources Ltd | 0.041 | -5% | $46,592,293 |
| RDT | Red Dirt Metals Ltd | 0.525 | 1% | $173,019,161 |
| A8G | Australasian Metals | 0.235 | 0% | $9,675,066 |
| EFE | Eastern Resources | 0.033 | -3% | $38,668,967 |
| MQR | Marquee Resource Ltd | 0.0575 | 5% | $17,468,967 |
| SRZ | Stellar Resources | 0.013 | 0% | $13,060,202 |
| LSR | Lodestar Minerals | 0.0055 | 0% | $9,561,405 |
| NWM | Norwest Minerals | 0.052 | -2% | $11,771,692 |
| AOA | Ausmon Resorces | 0.008 | 14% | $6,001,025 |
| VKA | Viking Mines Ltd | 0.01 | 0% | $10,252,584 |
| IPT | Impact Minerals | 0.0085 | -6% | $22,332,335 |
| SRI | Sipa Resources Ltd | 0.04 | 0% | $9,079,437 |
| VMC | Venus Metals Cor Ltd | 0.135 | 0% | $24,040,622 |
| RGL | Riversgold | 0.035 | 3% | $32,145,902 |
| ZNC | Zenith Minerals Ltd | 0.31 | 2% | $107,150,946 |
| RAS | Ragusa Minerals Ltd | 0.155 | 3% | $19,847,722 |
| G88 | Golden Mile Res Ltd | 0.027 | -4% | $5,728,513 |
| EPM | Eclipse Metals | 0.018 | -5% | $38,460,880 |
| EVR | Ev Resources Ltd | 0.018 | 0% | $16,721,713 |
| WC8 | Wildcat Resources | 0.03 | 0% | $19,860,682 |
| MNS | Magnis Energy Tech | 0.375 | -1% | $368,725,964 |
| RIO | Rio Tinto Limited | 111.58 | -1% | $42,032,811,911 |
| THR | Thor Mining PLC | 0.007 | -13% | $8,823,068 |
| CZL | Cons Zinc Ltd | 0.021 | 0% | $9,721,350 |
| MXR | Maximus Resources | 0.045 | 2% | $14,031,854 |
| DRE | Dreadnought Resources Ltd | 0.105 | -5% | $338,108,271 |
| MM1 | Midasmineralsltd | 0.175 | -3% | $10,283,718 |
| M2R | Miramar | 0.1 | 0% | $7,068,174 |
| AOU | Auroch Minerals Ltd | 0.053 | 0% | $19,668,925 |
| XTC | Xantippe Res Ltd | 0.0065 | 8% | $48,871,379 |
| LLI | Loyal Lithium Ltd | 0.505 | 2% | $23,136,300 |
| LRD | Lordresourceslimited | 0.225 | -6% | $7,988,309 |
| WMC | Wiluna Mining Corp | 0.205 | 0% | $74,238,031 |
| AUN | Aurumin | 0.079 | 4% | $10,264,342 |
| ZEO | Zeotech Limited | 0.049 | 23% | $65,628,227 |
| ALY | Alchemy Resource Ltd | 0.028 | 8% | $30,629,983 |
| LIS | Lisenergylimited | 0.415 | 5% | $65,536,104 |
| GW1 | Greenwing Resources | 0.33 | 0% | $41,647,803 |
| KTA | Krakatoa Resources | 0.06 | -2% | $21,027,305 |
| TYX | Tyranna Res Ltd | 0.032 | -3% | $79,379,036 |
| DAF | Discovery Alaska Ltd | 0.028 | 0% | $6,278,572 |
| FTL | Firetail Resources | 0.165 | -3% | $11,050,000 |
| IR1 | Irismetals | 1.84 | 1% | $114,168,600 |
| LNR | Lanthanein Resources | 0.0315 | -5% | $31,773,244 |
| DAL | Dalaroometalsltd | 0.12 | 14% | $3,136,875 |
| TKM | Trek Metals Ltd | 0.085 | -3% | $32,027,167 |
| CY5 | Cygnus Gold Limited | 0.56 | 10% | $84,503,120 |
| TUL | Tulla Resources | 0.395 | 1% | $78,231,167 |
| WES | Wesfarmers Limited | 48.42 | -1% | $55,558,171,858 |
| LLL | Leolithiumlimited | 0.565 | 5% | $532,794,732 |
| OCN | Oceanalithiumlimited | 0.475 | 0% | $16,351,875 |
| A11 | Atlantic Lithium | 0.795 | -1% | $487,622,036 |
| CMD | Cassius Mining Ltd | 0.027 | -4% | $11,437,801 |
| VSR | Voltaic Strategic | 0.024 | 4% | $7,047,905 |
46 lithium companies finished in the green, 50 fell flat and 37 tumbled into the red.
Who’s got news out?
CHARGER METALS (ASX:CHR)
CHR has kicked off drilling to test outcropping Medcalf spodumene-pegmatites at the Lake Johnston Lithium Project.
The initial program aims to test a 300m by 800m outcropping pegmatite swarm in a program of up to 40 reverse circulation drillholes.
Ongoing mapping continues to identify additional spodumene pegmatite outcrops in this area, CHR says.
CHR’s Lake Johnston Lithium Project has attracted considerable interest due to its proximity to the large Earl Grey Lithium Project under development by Covalent Lithium, the manager of a joint venture between subsidiaries of Sociedad Química y Minera de Chile S.A. and Wesfarmers – 70km west of the Lake Johnston Project.
Earl Grey is the world’s third largest hard rock deposit of contained lithium with ore reserves estimated at 94.2 Mt at 1.5% Li2O1.