Graphite mine developer Blackearth Minerals (ASX:BEM) and its German graphite supply chain partner, LuxCarbon GmbH, have today become members of the European Battery Alliance (EBA).

The EBA was established by the European Comission in 2017, and has become the leading industry group focused on the growing electric vehicles (EV) and battery markets.

The purpose of the Alliance is to ensure that Europe transitions smoothly into EVs by creating a competitive battery cell manufacturing value chain in the continent. Members include Tesla, Ford, BMW, Bosch, and Volvo Cars, amongst others.

BlackEarth believes that its association with the EBA will yield significant benefits in developing its graphite supply chain business strategy.

With the new membership, BlackEarth and Luxcarbon together plan to provide certain EBA members with downstream processed products for confirmation of their suitability for the EV market.

Major deal with Urbix Resources USA

In a major deal struck in early February, BlackEarth signed a MOU with Urbix Resources Inc, USA. In that deal, BlackEarth will supply graphite concentrate to Urbix’s processing facility in Arizona, which is currently under construction.

The facility is said to be able to purify up to 24,000 tonnes of concentrate per year. Upon the facility’s completion, the two companies have proposed a joint venture to build a processing plant together either in Madagascar or Western Australia for the production of purified graphite.

In order to fulfil its side of the deal, BlackEarth signed a graphite supply and marketing deal with Luxcarbon GmbH – one of Germany’s major suppliers of graphite and carbon products. Under the terms, Luxacarbon will supply BlackEarth up to 25,000 tonnes of graphite concenrates per annum, which will then be used to assist Urbix in completing its plant development.

The EV and batteries revolution

Data from Benchmark’s Lithium ion Battery Database shows battery demand in Europe – the second biggest market behind China — is set to increase at an annualised rate of 40.1 per cent between 2020 and 2025.

Stockhead has compiled a list of manganese, lithium, cobalt, nickel, rare earths and copper stocks on the ASX that will play a major part in the coming revolution.

Here’s a table of how each of those stocks has performed.

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % PRICE MARKET CAP
PRL Province Resources 254 360 174 1388 0.092 $ 58,938,865.45
QPM Queensland Pacific 62 74 482 450 0.099 $ 82,099,386.60
PUR Pursuit Minerals 55 34 265 812 0.051 $ 36,043,107.53
AXE Archer Materials 54 130 154 521 1.2 $ 180,509,236.80
MLX Metals X 31 70 174 135 0.23 $ 195,062,204.41
LKE Lake Resources 31 170 1057 995 0.405 $ 359,154,142.55
COB Cobalt Blue 28 10 330 231 0.43 $ 89,359,864.92
JRL Jindalee Resources 27 36 272 566 1.9 $ 73,926,543.90
HXG Hexagon Energy 33 0 80 100 0.11 $ 27,108,479.43
LYC Lynas Rare Earths 22 38 147 184 6.16 $ 5,244,277,329.78
RNU Renascor Resources 23 145 227 390 0.049 $ 64,962,683.53
IPT Impact Minerals 21 44 -8 130 0.023 $ 39,179,501.70
HAS Hastings Tech Metals 21 12 57 88 0.235 $ 289,034,902.32
OZL OZ Minerals 18 13 55 127 22.65 $ 7,016,798,130.75
BKT Black Rock Mining 16 50 246 273 0.18 $ 124,980,840.95
PLS Pilbara Minerals 16 -3 254 277 1.13 $ 3,070,617,650.24
NIC Nickel Mines 16 13 123 138 1.39 $ 3,269,537,766.30
IXR Ionic Rare Earths 16 63 373 550 0.052 $ 150,265,574.24
SYR Syrah Resources 14 15 216 164 1.3 $ 571,654,896.10
REE Rarex 13 -4 88 271 0.13 $ 46,993,968.46
LEG Legend Mining 13 4 -7 23 0.135 $ 334,779,465.13
ADD Adavale Resources 12 -20 392 94 0.064 $ 17,703,025.97
JRV Jervois Mining 12 4 51 117 0.52 $ 393,122,604.70
GXY Galaxy Resources 11 0 141 169 2.8 $ 1,330,728,653.76
CTM Centaurus Metals 11 6 82 324 0.89 $ 288,322,167.76
MIN Mineral Resources 10 3 45 105 39.69 $ 7,127,099,562.79
GBR Great Boulder Resources 10 -19 -19 28 0.043 $ 8,086,570.11
BHP BHP 9 7 25 27 48.92 $ 139,397,687,964.08
TLG Talga 9 3 172 278 1.65 $ 460,909,457.12
IGO IGO 9 -2 55 21 7.03 $ 5,020,685,600.19
EMH European Metals 9 12 270 389 1.37 $ 173,825,716.45
LPD Lepidico 9 9 213 111 0.025 $ 124,508,232.53
ORE Orocobre 8 2 81 60 5.28 $ 1,747,741,264.48
PLL Piedmont Lithium 8 44 731 518 0.77 $ 999,164,740.15
PM8 Pensana 7 -9 134 622 1.66 $ 201,330,337.76
HNR Hannans 7 -38 -6 -6 0.0075 $ 17,699,828.94
POS Poseidon Nickel 7 -1 56 129 0.078 $ 199,468,454.49
MCR Mincor Resources 6 -6 44 66 1.07 $ 444,817,680.78
PNN PepinNini Minerals 6 41 406 69 0.45 $ 16,547,055.60
VR8 Vanadium Resources 5 -8 61 96 0.045 $ 17,216,762.15
G88 Golden Mile Resources 4 -10 -20 -10 0.047 $ 5,412,806.43
CLQ Clean Teq 4 6 86 17 0.3 $ 252,493,315.53
AML Aeon Metals 4 -14 -27 -14 0.12 $ 71,144,821.34
ESS Essential Metals 4 -24 28 -11 0.13 $ 24,098,076.00
BSX Blackstone 4 21 15 200 0.51 $ 162,525,255.95
LIT Lithium Australia 3 -12 178 138 0.15 $ 134,321,859.00
WKT Walkabout Resources 3 19 -20 0 0.16 $ 57,607,051.43
BUX Buxton Resources 3 14 -3 -3 0.074 $ 8,843,603.08
MRC Mineral Commodities 3 -7 64 44 0.41 $ 187,059,044.11
BOA Boadicea Resources 2 -2 48 23 0.235 $ 14,604,250.31
ARU Arafura Resource 2 -2 210 236 0.245 $ 274,914,146.05
TNG TNG 2 -1 31 20 0.099 $ 119,951,715.84
PAN Panoramic Resources 2 -7 128 -3 0.16 $ 297,382,530.58
ARR American Rare Earths 2 -10 155 522 0.1 $ 31,632,702.62
TMT Technology Metals 1 -8 94 192 0.35 $ 50,878,072.60
INR Ioneer 2 66 357 159 0.48 $ 767,083,984.49
CXO Core Lithium 0 16 456 558 0.25 $ 256,176,210.62
AUZ Australian Mines 0 -20 9 71 0.024 $ 91,113,438.55
S2R S2 Resources 0 -15 -19 90 0.175 $ 55,105,956.33
LML Lincoln Minerals 0 0 33 100 0.008 $ 4,599,869.49
AJM Altura Mining 0 0 0 13 0.07 $ 209,037,029.25
ATM Aneka Tambang 0 0 0 0 1 $ 1,303,649.00
NMT Neometals 0 7 103 109 0.375 $ 212,686,993.74
AVZ AVZ Minerals 0 3 208 127 0.2 $ 563,582,209.13
CLA Celsius Resources 0 7 167 336 0.048 $ 38,729,595.56
FFX Firefinch 0 36 63 188 0.245 $ 195,477,120.25
HWK Hawkstone Mining -1 52 102 750 0.0425 $ 64,550,875.44
CZN Corazon -2 -5 -5 -26 0.057 $ 9,272,099.14
CHN Chalice Mining -2 -2 186 1417 4.4 $ 1,466,425,384.71
PGM Platina Resources -2 -4 13 183 0.051 $ 20,143,031.66
DEV Devex Resources -2 2 7 258 0.24 $ 63,597,114.00
MOH Moho Resources -2 -9 -38 -14 0.08 $ 7,400,970.35
GAL Galileo Mining -3 27 13 106 0.35 $ 49,369,915.73
PSC Prospect Resources -3 -17 -17 2 0.17 $ 54,794,911.22
ARL Ardea Resources -4 11 -4 14 0.545 $ 72,133,878.83
RLC Reedy Lagoon -4 23 200 800 0.027 $ 12,682,812.17
NTU Northern Minerals -4 16 56 14 0.05 $ 217,217,034.25
AVL Australian Vanadium -4 -4 109 100 0.024 $ 70,323,811.54
AQD Ausquest -4 5 -28 109 0.023 $ 16,933,317.03
GED Golden Deeps -4 -4 -28 -36 0.0115 $ 9,298,217.28
ASN Anson Resources -4 5 271 197 0.089 $ 75,084,041.93
EUR European Lithium -4 -35 38 -24 0.065 $ 60,181,480.97
LPI Lithium Power International -5 -18 64 0 0.295 $ 83,919,892.84
VRC Volt Resources -5 36 6 46 0.019 $ 36,768,077.72
SYA Sayona Mining -5 -20 311 215 0.037 $ 138,365,660.61
QXR Qx Resources -5 6 -5 6 0.018 $ 9,607,721.80
MAN Mandrake Resources -6 -7 103 427 0.079 $ 26,832,377.51
GME GME Resources -6 -11 72 13 0.062 $ 33,968,882.73
MNS Magnis Energy Technologies -6 81 35 199 0.29 $ 243,111,550.97
VMC Venus Metals -7 -2 -11 -7 0.21 $ 31,726,523.43
SGQ St George Mining -7 -15 17 -2 0.098 $ 49,850,794.22
GLN Galan Lithium -7 -9 210 92 0.48 $ 106,669,932.29
ESR Estrella Resources -7 -15 353 656 0.068 $ 63,564,321.87
TON Triton Minerals -7 0 10 50 0.054 $ 60,126,807.55
BSM Bass Metals -7 30 117 30 0.0065 $ 24,130,054.41
VUL Vulcan Energy -7 -31 1120 2578 6.83 $ 730,756,940.80
RXL Rox Resources -8 -3 -39 20 0.036 $ 73,793,824.67
LTR Liontown Resources -8 3 193 215 0.41 $ 724,464,136.40
BAR Barra Resources -8 -12 -8 21 0.023 $ 16,262,594.42
AOU Auroch Minerals -8 8 189 318 0.28 $ 69,418,040.55
ARN Aldoro Resources -8 29 135 35 0.27 $ 18,219,816.81
SRI Sipa Resources -9 -8 -31 7 0.059 $ 10,313,986.18
CWX Carawine Resources -11 -14 -9 -22 0.21 $ 21,777,980.40
RFR Rafaella Resources -11 5 21 -27 0.08 $ 10,232,445.68
SLZ Sultan Resources -11 -9 15 117 0.195 $ 13,906,877.80
CNJ Conico -12 3 88 275 0.03 $ 24,130,284.10
SBR Sabre Resources -13 -13 40 250 0.007 $ 11,781,445.54
FGR First Graphene -13 -10 93 58 0.26 $ 131,183,907.65
ADV Ardiden -14 -22 13 260 0.018 $ 38,575,113.91
ALY Alchemy Resources -15 0 0 34 0.017 $ 12,100,382.15
INF Infinity Lithium -18 -13 127 251 0.205 $ 60,778,229.80
STK Strickland Metals -19 -37 -48 30 0.026 $ 10,949,939.55
BEM Blackearth Minerals -19 173 285 317 0.15 $ 22,517,700.04
MLS Metals Australia -20 -20 -20 100 0.002 $ 8,381,807.15
AGY Argosy Minerals -22 -13 118 61 0.12 $ 143,781,245.96
TKL Traka Resources -22 -19 -12 323 0.021 $ 10,635,766.43
AZS Azure Minerals -27 -31 100 154 0.33 $ 103,208,716.54
EGR Ecograf -30 112 734 767 0.67 $ 304,838,917.53

For those keen on building a portfolio focusing on lithium stocks, we’ve also provided a rundown of 8 ASX lithium stocks.

As for BlackEarth, its share price has skyrocketed by 370% over the past year.

BlackEarth share price chart: