- US scientists say there’s lithium in waste water just waiting to be extracted
- MinRex Resources kicks off RC drilling at historic Shaw River project
- Reedy Lagoon scraps plans for Alvord lithium brine project after BLM advice
All your ASX lithium news for Thursday, July 28
At the University of Chicago Pritzker School of Molecular Engineering, researchers are looking to unconventional water sources to extract lithium – namely oil-and gas-produced water, geothermal brines, and rejected brines from seawater desalination.
Assistant Professor Chong Liu has analysed more than 122,000 unconventional water sources, she and her team discovered that there is, in fact, enough lithium within these sources to make it worthwhile to extract.
They also found that the composition of these sources—the amount of sodium, magnesium, potassium, and calcium—can affect extraction performance of an emerging technology, providing key insights for refining and optimising it.
Could improve lithium selectivity
The process uses electrochemical intercalation, where electrode materials or membranes drive ions from the water source into a solid structure.
But these water sources also contain ions that are very similar to lithium ions in both mass and charge, like sodium, magnesium, potassium, and calcium.
The team found that sodium acts as a competitor for storage sites within the material framework, while magnesium and calcium can affect the charge transfer of lithium, affecting how selective the material ultimately is.
“This shows that the key challenge of the electrochemical intercalation method is how to improve lithium selectivity compared to sodium,” Liu says. “We show that is the main concern that scientists should consider going forward.
“We have better defined the playground, and now more people can join in and study lithium extraction.”
Here’s how ASX lithium stocks were tracking today:
Lithium stocks missing from our list? Shoot a friendly mail to emma.davies@stockhead.com.au
| Code | Company | Price | % Month | % Week | % Today | Market Cap |
|---|---|---|---|---|---|---|
| PSC | Prospect Res Ltd | 0.1175 | 143% | 140% | 42% | $38,367,535.35 |
| ENT | Enterprise Metals | 0.012 | 33% | 20% | 20% | $6,529,806.88 |
| LPI | Lithium Pwr Int Ltd | 0.54 | 32% | 26% | 17% | $160,606,630.08 |
| AVW | Avira Resources Ltd | 0.0035 | -13% | -13% | 17% | $6,356,370.00 |
| DRE | Dreadnought Resources Ltd | 0.066 | 65% | 32% | 16% | $161,804,962.41 |
| AM7 | Arcadia Minerals | 0.16 | -14% | 7% | 14% | $6,537,704.88 |
| DTM | Dart Mining NL | 0.089 | 56% | 44% | 14% | $10,550,292.48 |
| MRR | Minrex Resources Ltd | 0.041 | 8% | 24% | 14% | $38,165,290.60 |
| IR1 | Irismetals | 0.35 | 49% | 30% | 14% | $18,334,687.50 |
| NMT | Neometals Ltd | 1.175 | 21% | 17% | 14% | $567,569,569.86 |
| LNR | Lanthanein Resources | 0.017 | 6% | 6% | 13% | $12,567,383.55 |
| SHH | Shree Minerals Ltd | 0.009 | 29% | 0% | 13% | $9,907,895.14 |
| LEL | Lithenergy | 0.94 | 24% | 38% | 11% | $38,151,750.00 |
| 1MC | Morella Corporation | 0.02 | 0% | 18% | 11% | $93,171,851.75 |
| ARN | Aldoro Resources | 0.21 | 56% | 40% | 11% | $18,921,590.23 |
| NWM | Norwest Minerals | 0.042 | 50% | 35% | 11% | $6,863,080.71 |
| LRV | Larvottoresources | 0.215 | -17% | 5% | 10% | $8,098,837.50 |
| MTM | Mtmongerresources | 0.11 | -19% | -4% | 10% | $3,751,003.30 |
| AZL | Arizona Lithium Ltd | 0.078 | -13% | -4% | 10% | $170,749,714.83 |
| VMC | Venus Metals Cor Ltd | 0.18 | 0% | 6% | 9% | $26,412,982.70 |
| MXR | Maximus Resources | 0.051 | 6% | 2% | 9% | $14,941,571.10 |
| RAS | Ragusa Minerals Ltd | 0.08 | -13% | 3% | 8% | $9,304,475.54 |
| QXR | Qx Resources Limited | 0.029 | 7% | 4% | 7% | $23,202,782.67 |
| MIN | Mineral Resources. | 52.19 | 7% | 10% | 7% | $9,242,766,896.80 |
| FG1 | Flynngold | 0.098 | -2% | 1% | 7% | $5,893,616.60 |
| JRL | Jindalee Resources | 2.55 | -12% | 3% | 6% | $137,709,518.40 |
| LTR | Liontown Resources | 1.275 | 18% | 14% | 6% | $2,630,670,237.60 |
| PLL | Piedmont Lithium Inc | 0.595 | -3% | 11% | 6% | $295,439,648.00 |
| AX8 | Accelerate Resources | 0.034 | 13% | 6% | 6% | $8,654,684.77 |
| A8G | Australasian Metals | 0.26 | 53% | 8% | 6% | $10,086,771.03 |
| GLN | Galan Lithium Ltd | 1.145 | -4% | 7% | 6% | $328,751,310.96 |
| IGO | IGO Limited | 10.575 | 2% | 6% | 6% | $7,557,532,773.74 |
| RDT | Red Dirt Metals Ltd | 0.37 | -8% | 16% | 6% | $106,594,049.10 |
| CXO | Core Lithium | 1.125 | 10% | 13% | 6% | $1,845,874,737.54 |
| CZL | Cons Zinc Ltd | 0.02 | 25% | 0% | 5% | $6,903,798.45 |
| PLS | Pilbara Min Ltd | 2.7 | 16% | 9% | 5% | $7,650,500,346.88 |
| VUL | Vulcan Energy | 7.53 | 20% | 16% | 5% | $1,029,147,461.18 |
| ESS | Essential Metals Ltd | 0.435 | 9% | 7% | 5% | $102,292,281.38 |
| INR | Ioneer Ltd | 0.545 | 31% | 11% | 5% | $1,090,644,337.12 |
| CAI | Calidus Resources | 0.655 | 1% | 6% | 5% | $254,894,348.75 |
| LKE | Lake Resources | 0.775 | -10% | 11% | 5% | $1,028,385,330.44 |
| SCN | Scorpion Minerals | 0.067 | -9% | 0% | 5% | $21,237,196.29 |
| TKM | Trek Metals Ltd | 0.068 | 21% | 15% | 5% | $20,189,659.75 |
| MQR | Marquee Resource Ltd | 0.071 | 9% | 8% | 4% | $21,461,995.44 |
| WC8 | Wildcat Resources | 0.024 | -8% | -8% | 4% | $14,841,272.72 |
| TYX | Tyranna Res Ltd | 0.024 | 71% | 20% | 4% | $35,244,295.34 |
| PNN | Power Minerals Ltd | 0.49 | 10% | 18% | 4% | $28,912,926.55 |
| KTA | Krakatoa Resources | 0.051 | 11% | -4% | 4% | $16,890,785.93 |
| G88 | Golden Mile Res Ltd | 0.027 | -7% | 0% | 4% | $5,297,047.96 |
| TUL | Tulla Resources | 0.55 | 8% | 0% | 4% | $84,914,942.16 |
| SYA | Sayona Mining Ltd | 0.2075 | 48% | 30% | 4% | $1,649,619,303.20 |
| GL1 | Globallith | 1.43 | 13% | 31% | 4% | $219,003,593.28 |
| LPD | Lepidico Ltd | 0.029 | 7% | -3% | 4% | $182,200,802.92 |
| BYH | Bryah Resources Ltd | 0.029 | -12% | 4% | 4% | $6,333,800.90 |
| QPM | Queensland Pacific | 0.15 | 20% | 11% | 3% | $226,723,904.00 |
| LIS | Lisenergylimited | 0.78 | 56% | -1% | 3% | $125,265,211.19 |
| AKE | Allkem Limited | 11.07 | 2% | 12% | 3% | $6,835,694,681.92 |
| TMB | Tambourahmetals | 0.16 | 14% | 0% | 3% | $6,384,852.69 |
| MNS | Magnis Energy Tech | 0.32 | 0% | 5% | 3% | $300,802,759.73 |
| ZEO | Zeotech Limited | 0.065 | 38% | 33% | 3% | $96,069,674.61 |
| LIT | Lithium Australia | 0.071 | 25% | 4% | 3% | $71,443,243.43 |
| SRZ | Stellar Resources | 0.018 | 6% | 13% | 3% | $14,687,795.96 |
| WR1 | Winsome Resources | 0.19 | -14% | 6% | 3% | $24,996,088.89 |
| MM1 | Midasmineralsltd | 0.19 | 3% | 0% | 3% | $10,569,376.34 |
| CRR | Critical Resources | 0.042 | -13% | 8% | 2% | $61,008,624.80 |
| DAF | Discovery Alaska Ltd | 0.046 | -8% | -2% | 2% | $10,090,561.41 |
| INF | Infinity Lithium | 0.135 | 17% | 13% | 2% | $54,989,231.25 |
| MLS | Metals Australia | 0.058 | 9% | 23% | 2% | $32,378,062.89 |
| AOU | Auroch Minerals Ltd | 0.06 | -2% | -13% | 2% | $21,812,406.14 |
| ZNC | Zenith Minerals Ltd | 0.32 | 10% | 16% | 2% | $108,600,117.89 |
| PAM | Pan Asia Metals | 0.37 | -27% | 0% | 1% | $26,980,888.33 |
| AGY | Argosy Minerals Ltd | 0.4075 | 18% | 16% | 1% | $549,200,649.74 |
| WES | Wesfarmers Limited | 46.435 | 5% | -1% | 0% | $52,564,833,619.12 |
| ADV | Ardiden Ltd | 0.009 | 29% | 13% | 0% | $24,015,018.20 |
| AVZ | AVZ Minerals Ltd | 0.78 | 0% | 0% | 0% | $2,752,409,203.44 |
| EMH | European Metals Hldg | 0.66 | -7% | -12% | 0% | $79,109,491.56 |
| TKL | Traka Resources | 0.006 | 20% | 20% | 0% | $4,132,647.37 |
| TON | Triton Min Ltd | 0.027 | 59% | -10% | 0% | $33,987,172.78 |
| BMM | Balkanminingandmin | 0.2 | 8% | 5% | 0% | $6,550,000.00 |
| AAJ | Aruma Resources Ltd | 0.067 | 10% | -3% | 0% | $10,516,420.70 |
| AS2 | Askarimetalslimited | 0.265 | 0% | 15% | 0% | $11,943,356.55 |
| EMS | Eastern Metals | 0.135 | 4% | 4% | 0% | $5,218,593.75 |
| FRS | Forrestaniaresources | 0.15 | 7% | 7% | 0% | $4,662,945.60 |
| GSM | Golden State Mining | 0.049 | 20% | 2% | 0% | $5,704,644.63 |
| IMI | Infinitymining | 0.12 | -17% | -8% | 0% | $6,900,000.00 |
| MMC | Mitremining | 0.12 | 0% | -4% | 0% | $3,250,212.00 |
| RAG | Ragnar Metals Ltd | 0.038 | -3% | 3% | 0% | $14,409,025.78 |
| TEM | Tempest Minerals | 0.041 | -56% | -9% | 0% | $20,695,413.22 |
| TSC | Twenty Seven Co. Ltd | 0.002 | -33% | -20% | 0% | $5,321,627.81 |
| WML | Woomera Mining Ltd | 0.0145 | -19% | -9% | 0% | $9,959,079.46 |
| KGD | Kula Gold Limited | 0.028 | 22% | 0% | 0% | $6,024,917.70 |
| LRS | Latin Resources Ltd | 0.08 | 18% | 10% | 0% | $155,615,182.40 |
| AZI | Altamin Limited | 0.095 | 0% | 0% | 0% | $37,213,091.44 |
| PGD | Peregrine Gold | 0.4 | 11% | -5% | 0% | $15,314,794.00 |
| GT1 | Greentechnology | 0.65 | 3% | 0% | 0% | $119,775,267.95 |
| BNR | Bulletin Res Ltd | 0.12 | 0% | 9% | 0% | $35,110,932.00 |
| LSR | Lodestar Minerals | 0.006 | 0% | -14% | 0% | $10,430,624.09 |
| AOA | Ausmon Resorces | 0.006 | 20% | -8% | 0% | $5,143,736.06 |
| VKA | Viking Mines Ltd | 0.007 | 17% | 17% | 0% | $7,176,809.02 |
| IPT | Impact Minerals | 0.008 | 14% | 0% | 0% | $19,850,964.45 |
| SRI | Sipa Resources Ltd | 0.038 | 15% | 0% | 0% | $7,790,942.51 |
| EPM | Eclipse Metals | 0.02 | 0% | -5% | 0% | $38,422,528.26 |
| M2R | Miramar | 0.11 | 24% | 26% | 0% | $7,060,532.93 |
| XTC | Xantippe Res Ltd | 0.008 | 0% | 0% | 0% | $63,805,788.51 |
| MMG | Monger Gold Ltd | 0.225 | -2% | 2% | 0% | $9,009,000.00 |
| LRD | Lordresourceslimited | 0.21 | 2% | 14% | 0% | $6,674,770.41 |
| WMC | Wiluna Mining Corp | 0.205 | -28% | 0% | 0% | $74,238,030.68 |
| ALY | Alchemy Resource Ltd | 0.016 | 14% | 0% | 0% | $15,249,184.91 |
| GW1 | Greenwing Resources | 0.225 | 5% | 2% | 0% | $27,730,653.53 |
| DAL | Dalaroometalsltd | 0.11 | 16% | 10% | 0% | $3,286,250.00 |
| CY5 | Cygnus Gold Limited | 0.16 | 3% | 7% | 0% | $18,877,650.40 |
| OCN | Oceanalithiumlimited | 0.44 | 0% | -7% | 0% | $14,751,000.00 |
| LLL | Leolithiumlimited | 0.3975 | -31% | -3% | -1% | $394,662,764.80 |
| RIO | Rio Tinto Limited | 96.34 | -7% | -1% | -1% | $36,000,548,433.72 |
| CHR | Charger Metals | 0.465 | 19% | 4% | -1% | $15,313,086.45 |
| NVA | Nova Minerals Ltd | 0.835 | 45% | 18% | -2% | $153,171,942.25 |
| STM | Sunstone Metals Ltd | 0.049 | 9% | 2% | -2% | $129,822,320.95 |
| KZR | Kalamazoo Resources | 0.235 | 31% | 24% | -2% | $34,846,649.76 |
| ASN | Anson Resources Ltd | 0.135 | 39% | 0% | -4% | $143,907,726.90 |
| RGL | Riversgold | 0.027 | -16% | -4% | -4% | $21,178,527.97 |
| EVR | Ev Resources Ltd | 0.027 | 4% | -5% | -4% | $25,927,553.99 |
| KAI | Kairos Minerals Ltd | 0.026 | 63% | 13% | -4% | $52,976,524.26 |
| EFE | Eastern Resources | 0.025 | 4% | -4% | -4% | $25,855,352.41 |
| EUR | European Lithium Ltd | 0.07 | 15% | 0% | -4% | $101,067,873.15 |
| RLC | Reedy Lagoon Corp. | 0.016 | -6% | -16% | -6% | $9,476,257.50 |
| AUN | Aurumin | 0.145 | 32% | -3% | -6% | $16,929,604.06 |
| AML | Aeon Metals Ltd. | 0.027 | 29% | -4% | -7% | $28,742,808.37 |
| WCN | White Cliff Min Ltd | 0.012 | -8% | -8% | -8% | $8,496,843.71 |
| THR | Thor Mining PLC | 0.009 | -10% | -10% | -10% | $10,689,009.73 |
| FTL | Firetail Resources | 0.27 | 0% | 23% | -10% | $18,534,750.00 |
| RMX | Red Mount Min Ltd | 0.006 | 20% | 0% | -14% | $11,496,547.01 |
Fairly green day. A total of 72 stocks were in the green, 40 were flat and 19 were red.
Who’s got news out today?
The company kicked off its maiden RC drilling program over the Shaw River Lithium-Tin-Tantalum Project.
No modern exploration for lithium was conducted over the historic tin–tantalum mine and only shallow auger drilling was used in the alluvial grade control drilling to only 7-metre maximum depths.
The RC drilling will be specially targeting pegmatites from surface and depths to determine the nature of battery metal mineralisation.
MinRex is planning 25,000m of drilling in the next 12 months over all its lithium assets in the Pilbara.
RLC said today it’s not proceeding with filing of claims in the Northern McDermitt Caldera, in Oregon USA, which it staked last quarter.
The company has received advice from the Bureau of Land Management (BLM) that the areas are withdrawn from location of mining claims, this means that no claims can be filed and thereby validated in the areas that were staked – and that RLC is not continuing with its Alvord lithium brine project in the Northern McDermitt Caldera.
LIT subsidiary Envirostream has executed a recycling services agreement with Battery World, adding over 100 collection sites nationally for spent batteries – including lithium batteries.
Along with the collection sites, the deal boosts the total available consumer drop off points to more than 800 – which Envirostream says means the potential to increase recycling volumes.