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Eye on Lithium: Sayona sells first spodumene, WA signs critical minerals research deal with battery giant Korea
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- Sayona reaches new milestone with the first saleable spodumene concentrate at NAL
- Patriot receives firm commitments to raise C$50mn
- Tambourah enters collaboration partnership with CSIRO to apply machine learning at Russian Jack lithium project
All your lithium news, Thursday March 16.
Western Australia’s McGowan Government signed an MoU with the Korea Institute of Geoscience and Mineral Resources on Wednesday to support research and development across the entire mining value chain with a particular focus on critical minerals.
While in the Republic of Korea, Mines and Petroleum Minister Bill Johnston witnessed the signing of the agreement as part of a McGowan Government mission to promote WA’s capabilities.
Another string added to the bow in the relationship between Western Australia and South Korea, with the signing of a research and development MoU to enhance the State’s chemical battery industry.
I was pleased to be at the ceremony in Seoul to see the Min…https://t.co/Tcclh73u1s— Bill Johnston (@BillJohnstonMLA) March 15, 2023
KIGAM is a government-funded geoscience research organisation at the forefront of leading innovation in geoscience and technology solutions to respond to current global issues such as climate change.
“Transformational change is needed in how we find commodities, extract and process them, and convert them for use in manufacturing processes to support the global efforts in decarbonisation,” Mines and Petroleum Minister Bill Johnston said.
“This cooperation is an important step in developing a strong battery chemical industry in Western Australia, in partnership with the Korean industry.”
Here’s how ASX lithium stocks are tracking:
| CODE | COMPANY | PRICE | % TODAY | MARKET CAP |
|---|---|---|---|---|
| A11 | Atlantic Lithium | 0.5 | 14% | $266,526,330 |
| TMB | Tambourahmetals | 0.097 | 13% | $3,542,563 |
| THR | Thor Energy PLC | 0.005 | 11% | $6,651,508 |
| LRD | Lordresourceslimited | 0.21 | 8% | $6,491,964 |
| TON | Triton Min Ltd | 0.031 | 7% | $40,100,741 |
| 1MC | Morella Corporation | 0.0085 | 6% | $48,788,644 |
| EPM | Eclipse Metals | 0.017 | 6% | $32,448,957 |
| MXR | Maximus Resources | 0.035 | 6% | $10,528,840 |
| VSR | Voltaic Strategic | 0.018 | 6% | $5,224,104 |
| INF | Infinity Lithium | 0.105 | 5% | $46,259,209 |
| MMC | Mitremining | 0.23 | 5% | $7,916,722 |
| SRI | Sipa Resources Ltd | 0.024 | 4% | $5,247,637 |
| M2R | Miramar | 0.05 | 4% | $3,392,724 |
| FTL | Firetail Resources | 0.125 | 4% | $7,800,000 |
| KZR | Kalamazoo Resources | 0.145 | 4% | $20,974,712 |
| ZEO | Zeotech Limited | 0.06 | 3% | $95,160,929 |
| SCN | Scorpion Minerals | 0.065 | 3% | $21,779,490 |
| LNR | Lanthanein Resources | 0.0175 | 3% | $19,066,785 |
| FG1 | Flynngold | 0.083 | 2% | $8,332,756 |
| MTM | Mtmongerresources | 0.1175 | 2% | $8,137,428 |
| STM | Sunstone Metals Ltd | 0.0315 | 2% | $81,233,839 |
| LTR | Liontown Resources | 1.4825 | 2% | $3,209,743,764 |
| SYA | Sayona Mining Ltd | 0.2175 | 1% | $1,906,979,796 |
| EMH | European Metals Hldg | 0.61 | 1% | $76,228,434 |
| ADV | Ardiden Ltd | 0.007 | 0% | $18,818,347 |
| AVZ | AVZ Minerals Ltd | 0.78 | 0% | $2,752,409,203 |
| EUR | European Lithium Ltd | 0.068 | 0% | $101,268,264 |
| LPD | Lepidico Ltd | 0.012 | 0% | $91,653,261 |
| QPM | Queensland Pacific | 0.1 | 0% | $174,634,792 |
| RLC | Reedy Lagoon Corp. | 0.006 | 0% | $3,400,318 |
| TKL | Traka Resources | 0.006 | 0% | $4,336,647 |
| BMM | Balkanminingandmin | 0.27 | 0% | $12,088,444 |
| ARN | Aldoro Resources | 0.23 | 0% | $25,969,833 |
| AAJ | Aruma Resources Ltd | 0.057 | 0% | $8,946,806 |
| BYH | Bryah Resources Ltd | 0.02 | 0% | $5,625,069 |
| DTM | Dart Mining NL | 0.038 | 0% | $5,913,581 |
| EMS | Eastern Metals | 0.062 | 0% | $2,421,994 |
| RAG | Ragnar Metals Ltd | 0.015 | 0% | $5,687,773 |
| WCN | White Cliff Min Ltd | 0.01 | 0% | $7,840,544 |
| WML | Woomera Mining Ltd | 0.012 | 0% | $11,473,935 |
| KGD | Kula Gold Limited | 0.019 | 0% | $6,863,026 |
| LRS | Latin Resources Ltd | 0.11 | 0% | $242,182,041 |
| ENT | Enterprise Metals | 0.008 | 0% | $5,640,646 |
| KAI | Kairos Minerals Ltd | 0.017 | 0% | $33,389,589 |
| RMX | Red Mount Min Ltd | 0.004 | 0% | $9,087,404 |
| A8G | Australasian Metals | 0.135 | 0% | $5,558,017 |
| EFE | Eastern Resources | 0.011 | 0% | $13,661,411 |
| LSR | Lodestar Minerals | 0.0045 | 0% | $7,822,968 |
| AOA | Ausmon Resorces | 0.005 | 0% | $4,846,447 |
| VKA | Viking Mines Ltd | 0.01 | 0% | $10,252,584 |
| IPT | Impact Minerals | 0.009 | 0% | $22,332,335 |
| RGL | Riversgold | 0.016 | 0% | $15,127,483 |
| ZNC | Zenith Minerals Ltd | 0.205 | 0% | $72,099,739 |
| EVR | Ev Resources Ltd | 0.015 | 0% | $14,039,761 |
| WC8 | Wildcat Resources | 0.029 | 0% | $19,198,659 |
| MNS | Magnis Energy Tech | 0.315 | 0% | $305,654,417 |
| MM1 | Midasmineralsltd | 0.15 | 0% | $8,569,765 |
| WMC | Wiluna Mining Corp | 0.205 | 0% | $74,238,031 |
| AUN | Aurumin | 0.031 | 0% | $5,541,505 |
| ALY | Alchemy Resource Ltd | 0.015 | 0% | $17,671,144 |
| DAF | Discovery Alaska Ltd | 0.03 | 0% | $6,727,041 |
| IR1 | Irismetals | 1.16 | 0% | $74,506,800 |
| DAL | Dalaroometalsltd | 0.06 | 0% | $1,792,500 |
| TUL | Tulla Resources | 0.23 | 0% | $48,955,144 |
| OCN | Oceanalithiumlimited | 0.34 | 0% | $12,380,760 |
| CMD | Cassius Mining Ltd | 0.033 | 0% | $13,480,266 |
| LLO | Lion One Metals Ltd | 0.9 | 0% | $10,808,067 |
| ESS | Essential Metals Ltd | 0.4725 | -1% | $127,094,180 |
| WES | Wesfarmers Limited | 48.555 | -1% | $55,429,549,930 |
| FRS | Forrestaniaresources | 0.099 | -1% | $6,089,130 |
| KTA | Krakatoa Resources | 0.031 | -2% | $10,858,362 |
| MRR | Minrex Resources Ltd | 0.0265 | -2% | $29,291,423 |
| AKE | Allkem Limited | 10.305 | -2% | $6,708,163,065 |
| BNR | Bulletin Res Ltd | 0.093 | -2% | $27,891,155 |
| CAI | Calidus Resources | 0.23 | -2% | $103,294,447 |
| AOU | Auroch Minerals Ltd | 0.046 | -2% | $20,108,721 |
| VUL | Vulcan Energy | 5.96 | -2% | $873,520,983 |
| NVA | Nova Minerals Ltd | 0.435 | -2% | $93,845,950 |
| AM7 | Arcadia Minerals | 0.215 | -2% | $10,273,536 |
| TYX | Tyranna Res Ltd | 0.0215 | -2% | $52,941,357 |
| PSC | Prospect Res Ltd | 0.185 | -3% | $87,829,298 |
| RDT | Red Dirt Metals Ltd | 0.37 | -3% | $169,064,846 |
| IGO | IGO Limited | 12.09 | -3% | $9,420,411,594 |
| MIN | Mineral Resources. | 78.2 | -3% | $15,503,275,247 |
| NWM | Norwest Minerals | 0.033 | -3% | $7,551,651 |
| AS2 | Askarimetalslimited | 0.49 | -3% | $24,996,252 |
| PLS | Pilbara Min Ltd | 3.57 | -3% | $11,032,689,750 |
| DRE | Dreadnought Resources Ltd | 0.064 | -3% | $217,386,063 |
| LEL | Lithenergy | 0.63 | -3% | $39,097,500 |
| LPI | Lithium Pwr Int Ltd | 0.28 | -3% | $182,438,292 |
| PLL | Piedmont Lithium Inc | 0.81 | -4% | $363,534,360 |
| LKE | Lake Resources | 0.52 | -4% | $766,770,140 |
| RIO | Rio Tinto Limited | 115.08 | -4% | $44,378,898,384 |
| PAT | Patriot Lithium | 0.25 | -4% | $15,765,751 |
| NMT | Neometals Ltd | 0.61 | -4% | $350,990,647 |
| AML | Aeon Metals Ltd. | 0.024 | -4% | $27,410,016 |
| CXO | Core Lithium | 0.825 | -4% | $1,595,314,443 |
| LLL | Leolithiumlimited | 0.465 | -4% | $478,528,602 |
| AX8 | Accelerate Resources | 0.023 | -4% | $9,062,442 |
| TKM | Trek Metals Ltd | 0.067 | -4% | $25,476,156 |
| WR1 | Winsome Resources | 1.545 | -4% | $261,682,515 |
| TEM | Tempest Minerals | 0.022 | -4% | $11,649,566 |
| GLN | Galan Lithium Ltd | 1.035 | -5% | $333,003,214 |
| MLS | Metals Australia | 0.04 | -5% | $25,495,520 |
| INR | Ioneer Ltd | 0.285 | -5% | $629,501,480 |
| CHR | Charger Metals | 0.28 | -5% | $12,895,739 |
| LLI | Loyal Lithium Ltd | 0.265 | -5% | $16,657,200 |
| JRL | Jindalee Resources | 2.46 | -5% | $149,185,312 |
| LIT | Lithium Australia | 0.035 | -5% | $45,184,092 |
| GSM | Golden State Mining | 0.035 | -5% | $4,329,526 |
| CZL | Cons Zinc Ltd | 0.017 | -6% | $8,682,441 |
| AGY | Argosy Minerals Ltd | 0.57 | -6% | $849,666,536 |
| AZI | Altamin Limited | 0.065 | -6% | $27,028,456 |
| G88 | Golden Mile Res Ltd | 0.016 | -6% | $3,478,026 |
| GL1 | Globallith | 1.285 | -6% | $292,047,361 |
| EMC | Everest Metals Corp | 0.075 | -6% | $8,514,649 |
| CRR | Critical Resources | 0.0375 | -6% | $63,790,195 |
| VMC | Venus Metals Cor Ltd | 0.14 | -7% | $26,711,802 |
| CY5 | Cygnus Metals Ltd | 0.275 | -7% | $54,242,893 |
| ASN | Anson Resources Ltd | 0.205 | -7% | $268,148,559 |
| RAS | Ragusa Minerals Ltd | 0.082 | -7% | $12,548,693 |
| IMI | Infinitymining | 0.165 | -7% | $13,574,902 |
| PAM | Pan Asia Metals | 0.315 | -7% | $52,735,901 |
| GT1 | Greentechnology | 0.625 | -7% | $128,748,415 |
| LIS | Lisenergylimited | 0.235 | -8% | $42,308,118 |
| MQR | Marquee Resource Ltd | 0.022 | -8% | $7,852,980 |
| PNN | Power Minerals Ltd | 0.355 | -9% | $28,175,879 |
| QXR | Qx Resources Limited | 0.03 | -9% | $29,596,457 |
| SRZ | Stellar Resources | 0.01 | -9% | $11,050,940 |
| AZL | Arizona Lithium Ltd | 0.045 | -10% | $122,125,232 |
| XTC | Xantippe Res Ltd | 0.0045 | -10% | $52,900,498 |
| GW1 | Greenwing Resources | 0.215 | -10% | $35,582,128 |
| SGQ | St George Min Ltd | 0.059 | -11% | $55,267,446 |
| LRV | Larvottoresources | 0.125 | -14% | $9,751,935 |
| PGD | Peregrine Gold | 0.35 | -14% | $15,932,151 |
| CTN | Catalina Resources | 0.005 | -17% | $7,430,921 |
| AVW | Avira Resources Ltd | 0.002 | -33% | $6,401,370 |
A total of 24 companies finished in the green, 43 fell flat, and 70 tumbled into the red zone.
WHO’S GOT NEWS OUT?
SAYONA MINING (ASX:SYA)
Sayona has reached a new milestone with the first saleable spodumene concentrate at its North American Lithium operation in Quebec, Canada.
Commissioning activities continue to progress, with roughly 1,200t of lithium concentrate produced, including SC6 (6% lithium grade).
Engineering is now progressing on the next sub-project, the crushed ore storage dome, with close expediting of engineering deliverables implemented.
PATRIOT BATTERY METALS (ASX:PMT)
Patriot will raise C$50m via private placement at an issue price of C$22.57 per share.
The issue price represents a 90% premium to the last closing price of Patriot shares on TSX-V on Monday, 13 March 2023.
PMT president and CEO Blair Way says the Corvette Property is shaping up as an extraordinary discovery and the strong support shown for this capital raising is a testament to that.
“We are now fully funded to undertake an expanded exploration, environmental and pre-feasibility study programs well into 2024 and continue to deliver our business plan without the fear of uncertain market conditions facing the world currently.
TAMBOURAH METALS (ASX:TMB)
Tambourah has entered a collaboration partnership with Australia’s national science agency, CSIRO, to apply machine learning using their hyperspectral dataset to define first pass exploration targets across the Russian Jack Lithium project.
The collaboration will be undertaken under the CSIRO Kick-Start program.
Tambourah says it has previously used hyperspectral data to identify significant swarms of possible L-C-T pegmatites at Russian Jack.
The pegmatite swarms cover an area of roughly 320km2 with some areas of terrain that is difficult to access.
Lithium stocks share prices today:
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