Obligatory tenuous cricket-lithium analogies are written in Stockhead employee contracts. Possibly. (Pic via Getty Images)
Mining
Your lithium roundup for Thursday January 18.
There’s nothing more Australian than Travis Head belting a fighting ton at the Adelaide Oval. But AustralianSuper gives it a go with name, at the very least.
Perhaps taking a punt on lithium stocks has become inherently Aussie, because that’s exactly what the country’s largest pension firm has reaffirmed this week, in an encouraging endorsement for a sector that by and large struggled through 2023.
A Bloomberg report has revealed that the fund, which oversees about $300 billion in pension savings, plans to double its exposure to local lithium stocks over the next five years.
Buying the dip? You bet. The lithium sector’s price capitulation has been galling for many a lithium stock holder (no, not you, WC8 fans), but AustralianSuper clearly sees an opportunity and belief in the long-term EV/clean energy narrative.
Says the super fund’s Luke Smith, a senior portfolio manager, targeting lithium stocks is a strategic play based on belief in a continued global shift towards electric vehicles – demand for which should play out for more than a decade.
“The biggest opportunities for us as investors at AustralianSuper is when the prices are at cycle bottoms,” Smith said, adding that he also sees “lots of opportunities” in nickel, cobalt and graphite as key materials in the energy transition.
The lithium sector and the other critical minerals are likely to be “an attractive place to invest” over the next five years, he said.
And what’s the fund into? For one, Pilbara Minerals (ASX:PLS) – probably as safe a lithium play as you’ll find. AustralianSuper increased its stake in the company to 6.12% earlier this month.
According to Bloomberg, it now holds about $1 billion in Australian producers of the EV material, which Smith expects to increase to between A$2.5 billion and A$3 billion over the five-year period.
“Through 2022 and in early ‘23, we took money off the table in lithium as the price spiked well beyond the cost curve,” added Smith.
“Clearly, we’re seeing now the opportunity become more attractive.”
Flynn Gold (ASX:FG1) +15%
Sabre Resources (ASX:SBR) +10%
Metal Hawk (ASX:MHK) -25%
Terrain Minerals (ASX:TMX) -17%
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 3pm.)
Stocks missing from this list? Email [email protected] and [email protected]
| CODE | COMPANY | TODAY | WEEK | 1 MONTH % | 12 MONTH % | PRICE | MARKET CAP |
|---|---|---|---|---|---|---|---|
| ADV | Ardiden Ltd | 3% | 3% | 6% | -49% | 0.175 | $10,627,976 |
| AGY | Argosy Minerals Ltd | -2% | -10% | -10% | -82% | 0.1125 | $161,506,862 |
| 1MC | Morella Corporation | -20% | -20% | -33% | -75% | 0.004 | $30,893,997 |
| AML | Aeon Metals Ltd. | 0% | 5% | 11% | -66% | 0.01 | $10,964,006 |
| ASN | Anson Resources Ltd | 0% | -4% | -18% | -39% | 0.115 | $147,860,004 |
| AVZ | AVZ Minerals Ltd | 0% | 0% | 0% | 0% | 0.78 | $2,752,409,203 |
| CXO | Core Lithium | 2% | 11% | -31% | -79% | 0.21 | $438,071,787 |
| EMH | European Metals Hldg | -3% | -14% | -41% | -52% | 0.32 | $41,657,720 |
| EUR | European Lithium Ltd | 0% | -5% | 32% | 2% | 0.087 | $121,298,808 |
| GLN | Galan Lithium Ltd | -2% | -13% | 0% | -51% | 0.5675 | $205,013,922 |
| INF | Infinity Lithium | -6% | -7% | -10% | -26% | 0.092 | $45,334,025 |
| INR | Ioneer Ltd | -4% | -7% | 9% | -76% | 0.125 | $274,483,579 |
| JLL | Jindalee Lithium Ltd | 8% | 25% | 40% | -39% | 1.14 | $64,119,524 |
| LIT | Lithium Australia | 2% | -5% | -2% | -39% | 0.0295 | $35,443,558 |
| LKE | Lake Resources | 0% | -9% | -19% | -87% | 0.105 | $149,356,694 |
| LPD | Lepidico Ltd | -7% | -7% | -19% | -57% | 0.0065 | $53,468,156 |
| LPI | Lithium Pwr Int Ltd | 0% | 0% | 3% | 16% | 0.5575 | $358,696,328 |
| LTR | Liontown Resources | -13% | -19% | -18% | -21% | 1.185 | $3,293,899,267 |
| MIN | Mineral Resources. | -2% | -7% | -12% | -33% | 58.53 | $11,607,736,873 |
| MLS | Metals Australia | 3% | 0% | 3% | -26% | 0.035 | $21,217,230 |
| AKE | Allkem Limited | 0% | 0% | 18% | -13% | 9.83 | $6,304,350,967 |
| PLL | Piedmont Lithium Inc | -6% | -19% | -36% | -66% | 0.2925 | $119,631,635 |
| PLS | Pilbara Min Ltd | -1% | -5% | -11% | -14% | 3.495 | $10,623,421,846 |
| QPM | Queensland Pacific | -6% | -13% | -12% | -59% | 0.045 | $96,601,935 |
| PSC | Prospect Res Ltd | -4% | -4% | -1% | -34% | 0.082 | $39,383,217 |
| RLC | Reedy Lagoon Corp. | 0% | 0% | 0% | -48% | 0.005 | $3,097,704 |
| SYA | Sayona Mining Ltd | -5% | -19% | -32% | -80% | 0.0445 | $483,784,913 |
| TKL | Traka Resources | 0% | 0% | -36% | -64% | 0.002 | $1,750,659 |
| TON | Triton Min Ltd | 2% | -2% | -2% | -42% | 0.0215 | $32,789,246 |
| VUL | Vulcan Energy | -3% | -9% | -17% | -70% | 2.09 | $369,956,967 |
| GL1 | Globallith | -7% | -35% | -57% | -74% | 0.57 | $160,063,159 |
| BMM | Balkanminingandmin | 0% | 0% | -5% | -68% | 0.1 | $7,104,051 |
| LEL | Lithenergy | 2% | -3% | -10% | -34% | 0.52 | $52,535,100 |
| ARN | Aldoro Resources | -5% | -12% | 1% | -63% | 0.084 | $11,846,889 |
| NMT | Neometals Ltd | -6% | -21% | -8% | -81% | 0.17 | $112,084,257 |
| IGO | IGO Limited | -4% | -8% | -20% | -51% | 7.14 | $5,649,217,885 |
| AAJ | Aruma Resources Ltd | 0% | 4% | 4% | -66% | 0.027 | $5,316,071 |
| PAM | Pan Asia Metals | -3% | -6% | 19% | -60% | 0.155 | $26,850,684 |
| AX8 | Accelerate Resources | 0% | -3% | -25% | 7% | 0.03 | $17,193,053 |
| AM7 | Arcadia Minerals | 0% | 1% | -10% | -68% | 0.07 | $7,633,507 |
| AS2 | Askarimetalslimited | 0% | 0% | -16% | -77% | 0.16 | $12,472,034 |
| BYH | Bryah Resources Ltd | 0% | -14% | -4% | -53% | 0.012 | $5,203,287 |
| EMS | Eastern Metals | 0% | 0% | 9% | -59% | 0.036 | $2,967,345 |
| FG1 | Flynngold | 15% | 13% | 25% | -36% | 0.06 | $7,577,661 |
| FRS | Forrestaniaresources | -3% | 0% | -3% | -81% | 0.03 | $5,015,358 |
| GSM | Golden State Mining | 0% | -8% | -25% | -74% | 0.012 | $3,352,448 |
| IMI | Infinitymining | 0% | 8% | -10% | -52% | 0.13 | $15,437,941 |
| LRV | Larvottoresources | -3% | -7% | -16% | -58% | 0.066 | $15,205,592 |
| MMC | Mitremining | 2% | -8% | -6% | -23% | 0.22 | $12,187,839 |
| RAG | Ragnar Metals Ltd | 0% | -4% | 5% | 85% | 0.023 | $10,901,562 |
| CTN | Catalina Resources | 0% | -13% | -30% | -59% | 0.0035 | $4,334,704 |
| TMB | Tambourahmetals | -10% | -14% | -27% | -14% | 0.095 | $8,708,737 |
| TEM | Tempest Minerals | 0% | 0% | 0% | -71% | 0.008 | $4,152,995 |
| EMC | Everest Metals Corp | -5% | -8% | -5% | -27% | 0.077 | $13,225,932 |
| WCN | White Cliff Min Ltd | 13% | 70% | 70% | 21% | 0.017 | $19,152,890 |
| WML | Woomera Mining Ltd | 29% | -64% | -68% | -50% | 0.009 | $8,526,973 |
| AZL | Arizona Lithium Ltd | -2% | -6% | -37% | -63% | 0.0245 | $93,921,772 |
| CRR | Critical Resources | -6% | -16% | -20% | -63% | 0.016 | $30,223,455 |
| KGD | Kula Gold Limited | 8% | -19% | -19% | -52% | 0.013 | $5,032,389 |
| LRS | Latin Resources Ltd | -7% | -1% | -5% | 81% | 0.2175 | $657,120,207 |
| PNN | Power Minerals Ltd | -3% | -5% | -16% | -66% | 0.185 | $16,601,459 |
| WR1 | Winsome Resources | -5% | -18% | -32% | -60% | 0.7 | $141,180,938 |
| KZR | Kalamazoo Resources | 0% | -35% | -5% | -52% | 0.1 | $17,301,782 |
| MTM | MTM Critical Metals | -1% | -37% | 248% | -10% | 0.073 | $7,358,344 |
| QXR | Qx Resources Limited | 0% | -5% | -16% | -57% | 0.021 | $23,311,635 |
| SCN | Scorpion Minerals | 3% | 0% | -18% | -57% | 0.031 | $12,283,686 |
| AZI | Altamin Limited | 0% | 9% | 21% | -25% | 0.063 | $26,971,682 |
| ENT | Enterprise Metals | 0% | 0% | 0% | -60% | 0.004 | $3,207,884 |
| KAI | Kairos Minerals Ltd | 0% | -7% | -13% | -40% | 0.013 | $34,071,858 |
| STM | Sunstone Metals Ltd | 0% | -14% | -8% | -73% | 0.012 | $41,852,819 |
| PGD | Peregrine Gold | 5% | 5% | 43% | -33% | 0.33 | $21,103,892 |
| AVW | Avira Resources Ltd | 0% | 0% | 100% | -33% | 0.002 | $4,267,580 |
| NVA | Nova Minerals Ltd | 2% | -3% | -15% | -52% | 0.33 | $68,539,237 |
| GT1 | Greentechnology | -5% | -21% | -28% | -79% | 0.19 | $63,450,419 |
| BNR | Bulletin Res Ltd | -5% | -20% | -17% | -5% | 0.1 | $30,829,399 |
| CAI | Calidus Resources | 2% | 8% | 20% | -44% | 0.21 | $125,525,802 |
| MRR | Minrex Resources Ltd | 0% | 0% | -12% | -63% | 0.015 | $16,273,013 |
| A8G | Australasian Metals | 0% | -10% | -10% | -33% | 0.135 | $7,036,267 |
| EFE | Eastern Resources | 6% | 6% | -6% | -53% | 0.0085 | $9,935,572 |
| MQR | Marquee Resource Ltd | 0% | -11% | -14% | -45% | 0.024 | $9,921,225 |
| SRZ | Stellar Resources | 8% | -19% | -19% | -57% | 0.0065 | $6,894,159 |
| LSR | Lodestar Minerals | 0% | 17% | -13% | -30% | 0.0035 | $7,081,891 |
| NWM | Norwest Minerals | 0% | -19% | -4% | -61% | 0.026 | $7,476,807 |
| AOA | Ausmon Resorces | 0% | 0% | 0% | -50% | 0.003 | $3,020,998 |
| VKA | Viking Mines Ltd | -7% | 0% | 17% | 100% | 0.014 | $15,378,876 |
| IPT | Impact Minerals | 0% | 0% | 20% | 20% | 0.012 | $34,376,447 |
| SRI | Sipa Resources Ltd | -4% | 0% | -14% | -42% | 0.025 | $5,932,112 |
| VMC | Venus Metals Cor Ltd | 0% | -3% | -16% | 19% | 0.097 | $18,403,682 |
| RGL | Riversgold | 5% | -15% | -8% | -61% | 0.011 | $10,160,445 |
| ZNC | Zenith Minerals Ltd | 0% | 26% | 3% | -32% | 0.17 | $59,904,750 |
| RAS | Ragusa Minerals Ltd | -3% | 19% | 3% | -68% | 0.038 | $5,561,353 |
| G88 | Golden Mile Res Ltd | 0% | -6% | -6% | -27% | 0.017 | $5,599,622 |
| EPM | Eclipse Metals | -11% | 0% | 14% | -62% | 0.008 | $18,562,988 |
| EVR | Ev Resources Ltd | 0% | 8% | 44% | -13% | 0.013 | $14,294,648 |
| WC8 | Wildcat Resources | -10% | -23% | -37% | 1483% | 0.475 | $633,794,205 |
| MNS | Magnis Energy Tech | 0% | 0% | 0% | -90% | 0.042 | $50,378,922 |
| RIO | Rio Tinto Limited | 0% | -2% | -4% | 5% | 126.89 | $46,973,699,720 |
| THR | Thor Energy PLC | 3% | 16% | 42% | -38% | 0.037 | $6,697,308 |
| YAR | Yari Minerals Ltd | 0% | 22% | 22% | -35% | 0.011 | $5,305,936 |
| MXR | Maximus Resources | 0% | 14% | 20% | -5% | 0.042 | $13,479,722 |
| DRE | Dreadnought Resources Ltd | 4% | 0% | -13% | -72% | 0.027 | $90,455,897 |
| MM1 | Midasmineralsltd | 0% | 0% | 4% | -28% | 0.13 | $11,277,142 |
| M2R | Miramar | 0% | 20% | 11% | -58% | 0.03 | $4,466,086 |
| LLI | Loyal Lithium Ltd | -6% | -25% | -2% | -15% | 0.305 | $27,068,379 |
| LRD | Lordresourceslimited | 0% | 9% | -11% | -67% | 0.062 | $2,302,192 |
| WMC | Wiluna Mining Corp | 0% | 0% | 0% | 0% | 0.205 | $74,238,031 |
| AUN | Aurumin | -3% | 11% | 36% | -54% | 0.03 | $11,111,736 |
| ZEO | Zeotech Limited | 0% | -3% | -20% | -36% | 0.028 | $48,535,846 |
| ALY | Alchemy Resource Ltd | 0% | -10% | -10% | -50% | 0.009 | $10,602,686 |
| LIS | Lisenergylimited | -6% | -9% | -21% | -60% | 0.15 | $102,432,037 |
| GW1 | Greenwing Resources | -9% | -20% | 11% | -69% | 0.1 | $19,167,663 |
| KTA | Krakatoa Resources | -4% | -29% | -46% | -46% | 0.022 | $10,858,466 |
| TYX | Tyranna Res Ltd | -3% | -6% | -3% | -30% | 0.016 | $54,242,518 |
| DAF | Discovery Alaska Ltd | 0% | 0% | 59% | 4% | 0.027 | $6,324,337 |
| FTL | Firetail Resources | 0% | -9% | -22% | -54% | 0.064 | $9,529,956 |
| IR1 | Irismetals | -10% | -20% | -36% | -43% | 0.665 | $95,171,462 |
| LNR | Lanthanein Resources | 0% | -18% | -10% | -57% | 0.009 | $11,608,307 |
| DAL | Dalaroometalsltd | -8% | -4% | 5% | -74% | 0.023 | $2,068,750 |
| TKM | Trek Metals Ltd | -2% | 3% | -9% | -45% | 0.041 | $21,549,228 |
| CY5 | Cygnus Metals Ltd | 0% | -13% | -23% | -75% | 0.1 | $29,155,914 |
| TUL | Tulla Resources | 0% | -100% | -100% | -100% | 0 | $118,262,971 |
| WES | Wesfarmers Limited | 0% | 0% | 3% | 16% | 56.96 | $64,704,813,596 |
| LLL | Leolithiumlimited | 0% | 0% | 0% | -10% | 0.505 | $498,553,663 |
| OCN | Oceanalithiumlimited | -7% | -15% | -31% | -83% | 0.079 | $4,596,503 |
| A11 | Atlantic Lithium | -2% | -2% | -19% | -41% | 0.395 | $255,321,509 |
| CMD | Cassius Mining Ltd | -3% | -3% | 3% | 75% | 0.035 | $18,093,980 |
| VSR | Voltaic Strategic | 0% | -16% | -24% | -36% | 0.016 | $7,729,662 |
| SGQ | St George Min Ltd | -3% | -6% | -9% | -56% | 0.032 | $32,476,246 |
| LLO | Lion One Metals Ltd | 0% | 3% | -3% | -17% | 0.93 | $14,252,921 |
| PAT | Patriot Lithium | -3% | -22% | -30% | -52% | 0.14 | $9,934,984 |
| PL3 | Patagonia Lithium | 0% | 0% | 8% | 0% | 0.13 | $6,386,705 |
| BUR | Burleyminerals | 8% | -7% | -21% | -43% | 0.135 | $12,912,095 |
| CHR | Charger Metals | 0% | 10% | -3% | -60% | 0.17 | $13,161,443 |
| RMX | Red Mount Min Ltd | 0% | 0% | 0% | -25% | 0.003 | $8,020,728 |
| DLI | Delta Lithium | 0% | -16% | -43% | -36% | 0.285 | $202,868,598 |
| LM1 | Leeuwin Metals Ltd | 0% | -4% | -19% | 0% | 0.125 | $5,856,459 |
| ENT | Enterprise Metals | 0% | 0% | 0% | -60% | 0.004 | $3,207,884 |
| FIN | FIN Resources Ltd | 0% | -14% | 0% | 19% | 0.019 | $12,336,105 |
| DTM | Dart Mining NL | 0% | 0% | 0% | -70% | 0.016 | $3,641,274 |
| NIS | Nickelsearch | -10% | -33% | -42% | -71% | 0.044 | $10,463,580 |
| EG1 | Evergreenlithium | -4% | -24% | -32% | 0% | 0.13 | $7,591,050 |
| MAN | Mandrake Res Ltd | 0% | 18% | 2% | 0% | 0.045 | $27,709,196 |
| FBM | Future Battery | -7% | -11% | -4% | 13% | 0.065 | $37,362,919 |
| LPM | Lithium Plus | -2% | -17% | -36% | -32% | 0.25 | $21,926,991 |
| KOB | Kobaresourceslimited | 5% | 43% | 20% | -23% | 0.1 | $10,014,583 |
| EMC | Everest Metals Corp | -5% | -8% | -5% | -27% | 0.077 | $13,225,932 |
| LRD | Lordresourceslimited | 0% | 9% | -11% | -67% | 0.062 | $2,302,192 |
| IEC | Intra Energy Corp | 0% | -25% | 0% | -57% | 0.003 | $4,982,345 |
| REC | Rechargemetals | -8% | -13% | -17% | -37% | 0.082 | $9,910,326 |
| SLM | Solismineralsltd | 0% | -20% | -17% | 14% | 0.12 | $9,408,085 |
| AZS | Azure Minerals | 0% | 0% | 2% | 1052% | 3.685 | $1,687,940,836 |
| DYM | Dynamicmetalslimited | 0% | -11% | 14% | -11% | 0.16 | $5,760,000 |
| TOR | Torque Met | 0% | -16% | 2% | 31% | 0.21 | $28,040,057 |
| SBR | Sabre Resources | 10% | 7% | 10% | -33% | 0.032 | $10,500,574 |
| ICL | Iceni Gold | -12% | -22% | -9% | -62% | 0.051 | $14,172,714 |
| TMX | Terrain Minerals | -17% | 0% | 25% | -17% | 0.005 | $8,120,567 |
| MHC | Manhattan Corp Ltd | 0% | 25% | 25% | -29% | 0.005 | $14,684,899 |
| MHK | Metalhawk. | -25% | -22% | -31% | -42% | 0.09 | $11,929,734 |
| NKL | Nickelxltd | -14% | -33% | -23% | -61% | 0.031 | $3,161,346 |
| TMB | Tambourahmetals | -10% | -14% | -27% | -14% | 0.095 | $8,708,737 |
| ANX | Anax Metals Ltd | 9% | -11% | -25% | -61% | 0.024 | $10,637,388 |
| PMT | Patriotbatterymetals | -6% | -21% | -35% | -17% | 0.77 | $413,280,131 |
| BM8 | Battery Age Minerals | -3% | -14% | 0% | -62% | 0.19 | $17,381,713 |
| L1M | Lightning Minerals | 0% | 5% | -21% | -39% | 0.115 | $4,855,882 |
| ADG | Adelong Gold Limited | 0% | 0% | 0% | -77% | 0.005 | $3,498,278 |
| TOR | Torque Met | 0% | -16% | 2% | 31% | 0.21 | $28,040,057 |
| AL8 | Alderan Resource Ltd | 0% | 0% | -9% | -38% | 0.005 | $5,534,307 |
| OZM | Ozaurum Resources | 5% | -13% | -5% | 27% | 0.105 | $15,875,000 |
| FL1 | First Lithium Ltd | -3% | -30% | -26% | 64% | 0.295 | $21,365,758 |
| PLN | Pioneer Lithium | -6% | -11% | -18% | 0% | 0.165 | $4,974,375 |
| WYX | Western Yilgarn NL | -1% | -3% | -3% | -16% | 0.092 | $4,618,148 |
| RDN | Raiden Resources Ltd | -10% | -21% | -18% | 374% | 0.027 | $79,696,953 |
| PFE | Panteraminerals | 0% | 12% | -7% | -62% | 0.055 | $7,294,240 |
| GRE | Greentechmetals | -14% | -19% | -36% | 148% | 0.31 | $29,078,120 |
| OLY | Olympio Metals Ltd | -11% | -19% | -23% | -43% | 0.085 | $6,041,952 |
| SUM | Summitminerals | 5% | 10% | 5% | -21% | 0.11 | $5,003,998 |
| JBY | James Bay Minerals | 0% | -7% | -17% | 0% | 0.25 | $8,111,250 |
| SCN | Scorpion Minerals | 3% | 0% | -18% | -57% | 0.031 | $12,283,686 |
| JNO | Juno | 0% | 0% | 5% | 7% | 0.105 | $19,104,252 |
| CC9 | Chariot Corporation | -7% | -29% | -34% | 0% | 0.39 | $30,799,259 |
| OBM | Ora Banda Mining Ltd | 1% | 1% | 8% | 142% | 0.2325 | $392,557,070 |
| RON | Roninresourcesltd | 0% | -6% | -28% | -6% | 0.155 | $5,707,877 |
| ASR | Asra Minerals Ltd | -14% | -14% | -25% | -68% | 0.006 | $11,455,470 |
| PFE | Panteraminerals | 0% | 12% | -7% | -62% | 0.055 | $7,294,240 |
| TG6 | Tgmetalslimited | -7% | -20% | -34% | 136% | 0.26 | $15,144,127 |
| HAW | Hawthorn Resources | 0% | -2% | -1% | -11% | 0.098 | $32,831,530 |
| KM1 | Kalimetalslimited | -2% | -27% | 0% | 0% | 0.555 | $43,133,284 |
| AEV | Avenira Limited | 0% | 0% | -8% | -40% | 0.012 | $26,058,859 |
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