• World’s biggest EV battery maker, CATL, releases new electric car battery 13% more powerful than one planned by Tesla 
  • SYA’s new lithium discoveries at Moblan project strengthen potential to become a world class deposit
  • TYX inches closer to establishing presence in Angola with the execution of a formal share sale agreement with Angolan Minerals 

Here is all your ASX lithium news for Monday, June 27. 

 

Travelling to far-flung places on a single charge might soon be a thing for electric vehicle enthusiasts. Chinese battery manufacturer and tech company, Contemporary Amperex Technology Co (CATL), has revealed its ‘Qilin’ electric car battery and says it boasts a range of more than 1,000km on a single charge.

Named after a mythical creature, CATLS’s Qilin battery hits a record-breaking volume utilisation efficiency of 72% while its energy density reaches up to 255Wh/kg.

This means not only means that it achieves the highest integration level worldwide but according to Bloomberg, it also means the Qilin battery is 13% more powerful than one planned by Tesla.

As the world’s biggest EV battery maker, CATL said it plans to begin manufacturing the Qilin battery next year.

 

 

Here’s how ASX lithium stocks were tracking today:

Lithium stocks missing from our list? Shoot a friendly mail to [email protected]

 

CODE COMPANY PRICE % Today 1 WEEK RETURN % 1 MONTH RETURN % MARKET CAP
TEM Tempest Minerals 0.096 23% 159% 100% $39,371,761.73
RLC Reedy Lagoon Corp. 0.017 21% -6% -39% $7,803,976.77
QPM Queensland Pacific 0.12 20% 14% -25% $156,361,313.10
LSR Lodestar Minerals 0.006 20% -14% -40% $8,692,186.74
QXR Qx Resources Limited 0.026 18% -10% -50% $18,905,971.06
FRS Forrestaniaresources 0.14 17% -10% -28% $3,514,356.48
VKA Viking Mines Ltd 0.007 17% 0% -13% $6,151,550.59
ESS Essential Metals Ltd 0.405 16% 9% -26% $86,270,598.75
1MC Morella Corporation 0.0185 16% 9% -31% $82,819,423.78
TYX Tyranna Res Ltd 0.015 15% -12% 67% $19,920,688.67
XTC Xantippe Res Ltd 0.008 14% -11% -27% $53,851,398.29
RGL Riversgold 0.033 14% 14% -23% $21,934,903.97
CXO Core Lithium 1.0325 13% -11% -19% $1,585,339,720.14
WML Woomera Mining Ltd 0.018 13% 0% -5% $10,989,329.06
MTM Mtmongerresources 0.135 13% 17% -7% $4,351,203.96
MMG Monger Gold Ltd 0.225 13% -10% -27% $8,008,000.00
LRV Larvottoresources 0.275 12% 15% -5% $10,175,462.50
VMC Venus Metals Cor Ltd 0.2 11% 11% 14% $27,194,162.94
WR1 Winsome Resources 0.215 10% -2% -48% $26,347,228.83
SYA Sayona Mining Ltd 0.1375 10% -2% -33% $1,030,310,019.50
GW1 Greenwing Resources 0.225 10% -2% -30% $25,265,706.55
CRR Critical Resources 0.048 9% 4% -39% $65,472,670.52
RMX Red Mount Min Ltd 0.006 9% 20% -25% $9,033,001.22
LTR Liontown Resources 1.06 9% 2% -20% $2,137,419,568.05
ASN Anson Resources Ltd 0.1 9% -5% -17% $94,567,934.82
JRL Jindalee Resources 3 9% 5% -10% $158,365,946.16
GT1 Greentechnology 0.63 9% -13% -28% $91,542,560.00
PAM Pan Asia Metals 0.51 9% 4% -1% $34,619,562.68
MLS Metals Australia 0.052 8% 2% -46% $27,265,737.17
LKE Lake Resources 0.87 8% -45% -40% $1,118,702,789.33
BNR Bulletin Res Ltd 0.135 8% 4% -21% $36,261,387.50
INR Ioneer Ltd 0.41 8% 8% -24% $794,693,779.60
LRD Lordresourceslimited 0.205 8% 14% -37% $6,039,077.99
LPI Lithium Pwr Int Ltd 0.415 8% 8% -23% $134,420,766.48
LPD Lepidico Ltd 0.028 8% 4% 4% $169,186,459.86
ALY Alchemy Resource Ltd 0.014 8% -26% -46% $12,389,962.74
ADV Ardiden Ltd 0.0075 7% -6% -35% $18,678,347.49
GL1 Globallith 1.275 7% 5% -22% $188,850,924.64
RDT Red Dirt Metals Ltd 0.39 7% 7% -30% $111,162,365.49
AKE Allkem Limited 10.78 7% 9% -20% $6,433,970,087.74
SRZ Stellar Resources 0.016 7% -16% -30% $12,589,539.39
NVA Nova Minerals Ltd 0.575 6% -4% -16% $97,309,233.90
GLN Galan Lithium Ltd 1.155 6% 7% -20% $330,273,307.77
AGY Argosy Minerals Ltd 0.34 6% 0% -15% $433,936,315.84
LRS Latin Resources Ltd 0.07 6% 6% -42% $127,384,206.71
M2R Miramar 0.088 6% 7% -27% $5,327,493.03
PNN Power Minerals Ltd 0.445 6% -2% -5% $25,837,041.30
ZNC Zenith Minerals Ltd 0.295 5% -2% -20% $96,533,438.12
LEL Lithenergy 0.76 5% -6% -45% $32,733,750.00
STM Sunstone Metals Ltd 0.048 4% 20% -13% $118,424,535.23
PLS Pilbara Min Ltd 2.325 4% 11% -20% $6,638,371,896.32
AS2 Askarimetalslimited 0.26 4% 0% -47% $10,398,567.50
EVR Ev Resources Ltd 0.026 4% 0% -35% $23,149,601.78
ARN Aldoro Resources 0.135 4% -7% -36% $12,897,766.57
DTM Dart Mining NL 0.054 4% -8% -19% $7,033,528.32
EMS Eastern Metals 0.135 4% 4% -25% $4,628,000.00
IMI Infinitymining 0.145 4% 12% -6% $8,050,000.00
CAI Calidus Resources 0.64 3% -6% -22% $249,998,667.96
MQR Marquee Resource Ltd 0.064 3% -4% -36% $19,340,806.07
LIS Lisenergylimited 0.495 3% 13% -26% $79,638,809.76
LNR Lanthanein Resources 0.017 3% 0% -32% $13,824,121.91
NMT Neometals Ltd 0.9625 3% -2% -26% $512,731,930.26
MRR Minrex Resources Ltd 0.036 3% -3% -31% $35,305,042.82
AM7 Arcadia Minerals 0.185 3% 6% -20% $8,405,620.56
CHR Charger Metals 0.38 3% 3% -34% $12,054,982.95
AZL Arizona Lithium Ltd 0.089 2% -11% -39% $194,246,571.44
RIO Rio Tinto Limited 103.62 2% -3% -6% $37,641,324,099.60
LIT Lithium Australia 0.058 2% -17% -33% $59,018,100.45
IGO IGO Limited 10.23 2% -4% -14% $7,618,114,198.78
MIN Mineral Resources. 49 2% -5% -19% $9,119,501,069.40
AZI Altamin Limited 0.096 1% 1% 0% $37,213,091.44
AVZ AVZ Minerals Ltd 0.78 0% 0% 0% $2,752,409,203.44
FFX Firefinch Ltd 0.2 0% -13% -79% $236,248,644.20
PSC Prospect Res Ltd 0.975 0% 1% 3% $435,590,475.45
BMM Balkanminingandmin 0.185 0% -3% -38% $6,058,750.00
AX8 Accelerate Resources 0.03 0% -3% -14% $7,903,766.97
BYH Bryah Resources Ltd 0.036 0% 6% -16% $8,143,458.30
FG1 Flynngold 0.11 0% -15% -24% $7,046,715.50
GSM Golden State Mining 0.041 0% 0% -40% $4,773,274.08
MMC Mitremining 0.12 0% 0% -17% $3,250,212.00
WCN White Cliff Min Ltd 0.014 0% -26% -33% $9,150,447.07
KGD Kula Gold Limited 0.023 0% -8% -30% $4,949,039.54
KZR Kalamazoo Resources 0.19 0% -24% -46% $27,586,931.06
SCN Scorpion Minerals 0.074 0% 3% -26% $24,555,508.21
ENT Enterprise Metals 0.009 0% -18% -36% $5,801,821.70
KAI Kairos Minerals Ltd 0.017 0% -15% -37% $33,355,589.35
AVW Avira Resources Ltd 0.004 0% 14% -11% $8,475,160.00
A8G Australasian Metals 0.17 0% -19% -56% $6,998,983.98
NWM Norwest Minerals 0.028 0% -7% -40% $5,057,006.84
IPT Impact Minerals 0.007 0% -13% -30% $17,369,593.89
RAS Ragusa Minerals Ltd 0.092 0% -3% -16% $11,567,726.35
G88 Golden Mile Res Ltd 0.03 0% -25% -42% $6,111,978.42
EPM Eclipse Metals 0.02 0% -9% -23% $38,422,528.26
MNS Magnis Energy Tech 0.325 0% 10% -17% $314,107,731.93
THR Thor Mining PLC 0.01 0% 11% -20% $10,673,009.73
CZL Cons Zinc Ltd 0.016 0% -20% -33% $5,813,725.01
WMC Wiluna Mining Corp 0.28 0% -19% -42% $101,398,285.80
AUN Aurumin 0.11 0% -15% -37% $12,014,557.72
DAF Discovery Alaska Ltd 0.051 0% 2% -24% $11,435,969.60
DAL Dalaroometalsltd 0.095 0% 0% -21% $2,838,125.00
TKM Trek Metals Ltd 0.06 0% -5% -18% $18,636,609.00
CY5 Cygnus Gold Limited 0.155 0% 0% 7% $18,287,723.83
EMH European Metals Hldg 0.7 -1% -3% -27% $99,247,760.33
MM1 Midasmineralsltd 0.1875 -1% -15% -41% $10,343,243.75
PLL Piedmont Lithium Inc 0.625 -2% -11% -23% $335,007,458.00
AOU Auroch Minerals Ltd 0.061 -2% -9% -31% $22,906,011.54
IR1 Irismetals 0.24 -2% -17% -40% $14,608,125.00
KTA Krakatoa Resources 0.047 -2% -13% -37% $16,546,076.02
DRE Dreadnought Resources Ltd 0.039 -3% -7% -7% $113,547,342.04
EUR European Lithium Ltd 0.061 -3% 7% -21% $87,123,559.07
AAJ Aruma Resources Ltd 0.06 -3% -10% -21% $9,731,613.19
VUL Vulcan Energy 6.13 -3% 14% -17% $834,629,870.60
ZEO Zeotech Limited 0.048 -4% -4% -9% $76,245,773.50
INF Infinity Lithium 0.115 -4% -15% -12% $49,801,567.92
EFE Eastern Resources 0.023 -4% 0% -36% $23,866,479.14
MXR Maximus Resources 0.046 -4% -4% -34% $15,259,476.86
AML Aeon Metals Ltd. 0.021 -5% -9% -42% $21,804,889.11
RAG Ragnar Metals Ltd 0.039 -5% -5% -9% $15,546,580.45
TON Triton Min Ltd 0.018 -5% -25% -38% $23,916,899.36
FTL Firetail Resources 0.26 -5% -15% -19% $16,990,187.50
TMB Tambourahmetals 0.14 -7% -7% -33% $6,178,889.70
PGD Peregrine Gold 0.385 -7% 8% -21% $15,888,967.64
WC8 Wildcat Resources 0.024 -8% -20% -25% $16,777,090.90
AOA Ausmon Resorces 0.0055 -8% -8% -39% $5,143,736.06
TKL Traka Resources 0.005 -9% -38% -38% $3,788,260.09
SRI Sipa Resources Ltd 0.033 -11% -6% -15% $7,585,917.71
SHH Shree Minerals Ltd 0.007 -13% -13% -22% $9,907,895.14
TSC Twenty Seven Co. Ltd 0.0025 -17% -17% -17% $7,982,441.72
Wordpress Table Plugin

The lithium market is back on its feet with 71 companies finishing in the green today.

A total of 26 companies ended the day in red while 31 failed to move the needle.

 

Who’s got news out today?

SAYONA MINING (ASX:SYA)

SYA has discovered more lithium at its emerging northern Québec Moblan Lithium Project during a 35-hole drilling program for 4,683m.

Grades of up to 2% lithium oxide were returned, demonstrating that spodumene pegmatites are more significantly developed at depth than can be recognised at surface, indicating the potential for the discovery of multiple pegmatite clusters.

Drilling is continuing, with three diamond rigs currently on site and a new 20,000m drill program underway.

MD Brett  Lynch  said these  latest  results  are  another  boost  to  the company’s northern  lithium  hub,  demonstrating Moblan’s  potential  to  become  a  world‐class deposit in a proven lithium region.

“Moblan adds to our Abitibi lithium hub to the south in giving Sayona a leading lithium resource base in  North America, amid continued increases in demand for this key battery metal from the North American  EV and battery sector.”

 

POWER MINERALS (ASX:PNN)

PNN is planning to undertake resource definition drilling at the Incahuasi Salar at the Salta Lithium Project in Argentina, which will consist of two holes for a total of 1,000m.

Drilling is designed to deliver a JORC resource at Incahuasi and expand the project’s total existing resource.

Approvals for drilling have been granted and site set-up is underway with drilling to begin once rig availability has been confirmed.

The company says drilling Incahuasi represents a next step in the systematic development of the Salta Project, which consists of five salares that sit within seven mining leases over a total area of 147.07km2.

 

LATIN RESOURCES (ASX:LRS)

The latest assay results from diamond drilling at the Colina Lithium prospect, one of several prospects within the Salina Lithium Project in Brazil, has confirmed the previously reported visual spodumene estimations in hole SADD016.

These results have surpassed all previous intersections, returning 25.24m at 1.25% lithium oxide from the central area of the Colina prospect.

LRS MD Tony Greenaway said these latest assays from drill hole SADD016 is one of the company’s ‘best intersections’ to date.

Preliminary Dense Media Separation (DMS) metallurgical test work is now underway on the Colina prospect drill core as a part of the company’s fast-track strategy.

 

TYRANNA RESOURCES (ASX:TYX)

TYX has completed negotiations with Angolan Minerals and has executed a formal share sale agreement with shareholders of the company.

Tyranna will shortly dispatch a notice for a general meeting to be held in late July 2022, at which shareholders will be asked to approve the acquisition of Angolan Minerals.

TYX director Joe Graziano said this marked a very important step in the process.

“Once we have the necessary approvals we intend to move quickly in establishing our presence in Angola and commencing the first phase of our exploration program as announced in the presentation on June 14,” he said.