• More and more automakers are making inroads into mining industry with Ford joining PT Vale Indonesia
  • Liontown agrees terms with Olympio Metals to farm into Mulline and Mulwarrie lithium projects
  • Nickel sulphide targets, and a 15km copper in soil anomaly will form the basis of a 5,000m drill campaign at Adavale’s Kabanga Jirani project

 

US automaker Ford has joined PT Vale Indonesia and China’s Zhejiang Huayou Cobalt as their new partner in a $4.5 billion nickel processing plant in Indonesia.

All three companies are making equity investments in the Pomalaa Block High-Pressure Acid Leaching (HPAL) Project through a definitive agreement celebrated at a ceremony last week featuring Indonesia President Joko Widodo.

The deal, which aims to advance nickel production in Indonesia and help make EVs more affordable, marks the first time Ford has invested in the Southeast Asian country and highlights the global push towards upstream investment to secure battery minerals.

It will also support Ford’s plan to deliver a 2 million EV production run rate by the end of 2026 and further scale over time.

More and more automakers are beginning to make inroads into the mining industry following General Motors’ US$650m investment in US lithium miner, Lithium Americas, in January.

Last week Mercedes Benz highlighted its willingness to allocate capital to support or ramp up a mining business at the carmaker’s annual environmental, social, and governance conference, and Tesla is reportedly considering buying Brazil-based lithium miner Sigma Lithium.

Ford vice president of EV industrialisation, Lisa Drake, says the three-way nickel processing agreement gives Ford direct control over the nickel it needs.

“This framework allows us to ensure the nickel is mined in line with our company’s sustainability targets, setting the right ESG standards as we scale,” she explains.

Early site works have already started at the Pomalaa Block HPAL project with full construction expected later this year.

Commercial operations will kick off in 2026.

 

Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese, and vanadium is performing>>>

Battery metals stocks missing from our list? Shoot a mail to [email protected].

CODE COMPANY PRICE 1 WEEK RETURN % 1 MONT RETURN % 6 MONTH RETURN % 1 YEAR RETURN % MARKET CAP
VIA Viagold Rare Earth 2 0% 0% 0% 0% $166,624,808
PVW PVW Res Ltd 0.067 -11% -23% -57% -86% $6,597,061
A8G Australasian Metals 0.18 6% 13% -37% -62% $7,410,689
INF Infinity Lithium 0.125 25% 14% -34% -29% $67,075,853
LPI Lithium Pwr Int Ltd 0.335 20% -6% -34% -63% $207,602,195
PSC Prospect Res Ltd 0.16 -3% -22% 60% 255% $71,650,217
PAM Pan Asia Metals 0.32 2% -14% -12% -43% $51,184,845
CXO Core Lithium 0.805 3% -16% -24% -48% $1,567,489,191
LOT Lotus Resources Ltd 0.215 39% -4% 0% -42% $295,587,657
AGY Argosy Minerals Ltd 0.42 5% -42% -13% -15% $589,851,149
AZS Azure Minerals 0.345 10% 17% 97% -1% $128,777,904
NWC New World Resources 0.05 22% 11% 56% 6% $101,063,618
QXR Qx Resources Limited 0.033 10% -13% -33% -54% $29,596,457
GSR Greenstone Resources 0.019 -14% -24% -68% -50% $25,361,258
CAE Cannindah Resources 0.17 -8% -3% -19% -51% $106,776,191
AZL Arizona Lithium Ltd 0.051 11% -16% -34% -72% $137,239,251
HNR Hannans Ltd 0.012 20% -8% -43% -68% $35,419,863
COB Cobalt Blue Ltd 0.375 9% -4% -47% -61% $135,070,998
ESS Essential Metals Ltd 0.485 1% -2% 15% -16% $130,438,763
LPD Lepidico Ltd 0.01 -5% -23% -52% -75% $84,015,489
MRD Mount Ridley Mines 0.0035 17% -13% -30% -61% $23,354,649
CZN Corazon Ltd 0.016 7% -16% -3% -53% $10,375,619
LKE Lake Resources 0.46 11% -24% -49% -80% $682,773,459
DEV Devex Resources Ltd 0.275 8% 2% -13% -39% $98,256,322
INR Ioneer Ltd 0.3 11% -15% -50% -58% $608,518,097
AVZ AVZ Minerals Ltd 0.78 0% 0% 0% -40% $2,752,409,203
MAN Mandrake Res Ltd 0.044 2% -12% 26% -27% $24,549,157
RLC Reedy Lagoon Corp. 0.008 33% -11% -47% -77% $4,533,757
GBR Greatbould Resources 0.088 -6% -9% -11% -32% $41,304,777
FRS Forrestaniaresources 0.09 11% -27% -45% -73% $5,480,217
STK Strickland Metals 0.036 0% -10% -5% -33% $54,422,507
MLX Metals X Limited 0.29 2% 0% 7% -57% $272,179,820
CLA Celsius Resource Ltd 0.015 0% -12% 7% -44% $27,984,793
FGR First Graphene Ltd 0.084 4% -13% -20% -51% $49,600,782
HXG Hexagon Energy 0.013 18% -19% -24% -71% $6,667,907
TLG Talga Group Ltd 1.6 7% 7% 25% -4% $587,833,700
MNS Magnis Energy Tech 0.235 -11% -34% -35% -55% $252,582,871
OZL OZ Minerals 28.11 0% 0% 9% 4% $9,427,998,645
PLL Piedmont Lithium Inc 0.84 10% -9% 2% -16% $385,173,310
EUR European Lithium Ltd 0.071 15% 3% -9% -54% $102,757,503
BKT Black Rock Mining 0.15 15% 3% 3% -41% $138,038,417
QEM QEM Limited 0.19 6% -12% -16% -27% $25,001,560
LYC Lynas Rare Earths 6.52 3% -16% -13% -41% $6,181,858,458
ESR Estrella Res Ltd 0.012 20% -8% 20% -56% $16,319,291
ARL Ardea Resources Ltd 0.47 -4% -19% -48% -72% $83,178,844
GLN Galan Lithium Ltd 1.035 10% -12% -7% -50% $331,468,637
JRL Jindalee Resources 2.35 0% -9% 5% -31% $139,430,887
VUL Vulcan Energy 6.01 13% -1% -15% -44% $816,146,863
SBR Sabre Resources 0.023 -18% -32% -62% -62% $6,995,668
CHN Chalice Mining Ltd 7.37 17% 11% 98% 4% $2,729,242,157
VRC Volt Resources Ltd 0.0105 5% -13% -56% -45% $39,394,239
NMT Neometals Ltd 0.595 5% -25% -48% -69% $317,826,176
AXN Alliance Nickel Ltd 0.093 -7% -15% -19% -5% $63,608,122
PNN Power Minerals Ltd 0.425 47% 1% -3% -21% $31,788,171
IGO IGO Limited 12.54 5% -10% -9% -13% $9,587,010,513
GED Golden Deeps 0.007 -13% -22% -50% -46% $9,241,814
ADV Ardiden Ltd 0.008 14% 14% 14% -47% $18,818,347
SRI Sipa Resources Ltd 0.024 4% -17% -50% -52% $5,703,953
NTU Northern Min Ltd 0.04 0% -13% -5% -26% $208,183,482
AXE Archer Materials 0.455 6% -11% -40% -53% $113,406,921
PGM Platina Resources 0.0215 13% 19% 2% -62% $12,463,607
AAJ Aruma Resources Ltd 0.072 26% 14% 33% -47% $10,359,459
IXR Ionic Rare Earths 0.023 -15% -30% -44% -74% $94,706,518
NIC Nickel Industries 0.9 4% -13% 20% -30% $2,736,952,832
EVG Evion Group NL 0.057 -11% -11% -35% -54% $16,204,981
CWX Carawine Resources 0.093 -5% 2% -2% -56% $18,107,207
PLS Pilbara Min Ltd 3.69 7% -12% -19% 8% $11,392,451,372
HAS Hastings Tech Met 2.43 4% 1% -30% -59% $326,821,640
BUX Buxton Resources Ltd 0.2 5% -13% 122% 90% $31,896,681
ARR American Rare Earths 0.205 -5% -11% 3% -59% $91,508,064
SGQ St George Min Ltd 0.059 16% -16% 69% 18% $45,387,570
TKL Traka Resources 0.006 0% 0% 0% -50% $4,336,647
PAN Panoramic Resources 0.15 3% 20% -19% -50% $307,637,101
PRL Province Resources 0.039 5% -26% -48% -61% $47,259,726
IPT Impact Minerals 0.01 0% 11% 43% -14% $27,295,076
LIT Lithium Australia 0.032 -3% -18% -42% -71% $40,299,325
AKE Allkem Limited 11.43 13% -8% -13% -8% $7,505,235,672
ARN Aldoro Resources 0.185 -8% -20% -18% -39% $20,888,779
JRV Jervois Global Ltd 0.068 -43% -62% -86% -91% $162,182,355
MCR Mincor Resources NL 1.4 -7% 9% -23% -39% $752,978,292
SYR Syrah Resources 1.635 6% -12% 3% -5% $1,170,069,786
FBM Future Battery 0.078 16% 37% 30% -35% $33,799,766
ADD Adavale Resource Ltd 0.017 55% 0% -45% -55% $9,351,470
LTR Liontown Resources 2.59 70% 59% 78% 33% $5,715,982,046
CTM Centaurus Metals Ltd 0.915 3% -6% -7% -38% $401,479,897
VML Vital Metals Limited 0.016 0% -30% -47% -73% $90,204,546
BSX Blackstone Ltd 0.165 3% 6% -3% -59% $75,790,225
POS Poseidon Nick Ltd 0.037 -3% 3% -14% -61% $129,353,174
CHR Charger Metals 0.315 26% -13% -30% -62% $14,862,885
AVL Aust Vanadium Ltd 0.038 0% 23% 12% -58% $161,454,133
AUZ Australian Mines Ltd 0.029 0% -29% -58% -87% $16,056,669
TMT Technology Metals 0.325 -8% 14% -22% -44% $68,192,981
RXL Rox Resources 0.275 -4% 20% 12% -31% $60,575,650
RNU Renascor Res Ltd 0.23 12% 2% 31% -26% $584,063,725
GL1 Globallith 1.4 30% -12% -32% -39% $292,047,361
BRB Breaker Res NL 0.42 4% 53% 100% 68% $132,378,128
ASN Anson Resources Ltd 0.17 -3% -15% -39% 3% $213,741,098
SYA Sayona Mining Ltd 0.195 5% -17% -13% -22% $1,821,518,999
FFX Firefinch Ltd 0.2 0% 0% 0% -51% $236,569,315
EGR Ecograf Limited 0.17 -8% -21% -45% -70% $76,556,688
ATM Aneka Tambang 1.1 0% 0% -4% -4% $1,434,014
TVN Tivan Limited 0.081 8% -5% 8% -10% $111,073,458
ALY Alchemy Resource Ltd 0.014 0% -7% -52% -7% $16,493,068
GAL Galileo Mining Ltd 0.725 6% -8% -49% 230% $145,254,321
BHP BHP Group Limited 45.94 5% -5% 19% -2% $237,941,591,515
LEL Lithenergy 0.64 16% -12% -4% -38% $39,699,000
MMC Mitremining 0.275 0% -8% 72% 53% $9,941,126
RMX Red Mount Min Ltd 0.004 0% -11% -20% -58% $9,087,404
GW1 Greenwing Resources 0.21 17% -14% -39% -53% $31,235,821
AQD Ausquest Limited 0.017 0% 6% -11% -23% $14,027,537
LML Lincoln Minerals 0.019 -5% -27% 177% 177% $11,499,674
1MC Morella Corporation 0.009 29% -18% -55% -74% $54,887,224
REE Rarex Limited 0.058 23% 9% -2% -39% $34,183,808
MRC Mineral Commodities 0.059 4% -9% -21% -53% $38,721,533
PUR Pursuit Minerals 0.016 -16% -36% 39% -43% $43,912,431
QPM Queensland Pacific 0.13 24% 33% 0% -32% $183,366,532
EMH European Metals Hldg 0.65 13% 6% -6% -54% $78,677,476
BMM Balkanminingandmin 0.24 14% -30% -19% -17% $10,745,283
PEK Peak Rare Earths Ltd 0.47 -3% -28% 7% -41% $101,031,529
LEG Legend Mining 0.054 24% 26% 42% -30% $146,022,193
MOH Moho Resources 0.015 -17% -12% -44% -72% $3,114,933
AML Aeon Metals Ltd. 0.023 5% 5% -18% -68% $25,217,214
G88 Golden Mile Res Ltd 0.012 -20% -31% -54% -80% $3,424,619
WKT Walkabout Resources 0.1 -9% 0% -42% -48% $60,585,575
TON Triton Min Ltd 0.03 7% -12% 36% 3% $44,249,094
AR3 Austrare 0.24 9% 33% -27% -68% $23,324,380
ARU Arafura Rare Earths 0.485 4% -11% 56% 21% $1,045,967,583
MIN Mineral Resources. 79.15 4% -11% 20% 45% $15,567,776,325
VMC Venus Metals Cor Ltd 0.17 6% 10% 10% -11% $31,163,770
S2R S2 Resources 0.135 -4% 0% 0% -23% $57,412,813
CNJ Conico Ltd 0.009 0% -10% -76% -35% $13,544,717
VR8 Vanadium Resources 0.088 21% 38% -7% -16% $40,690,639
PVT Pivotal Metals Ltd 0.035 17% -27% 17% -26% $17,081,176
BOA Boadicea Resources 0.079 0% -12% -21% -66% $6,318,272
IPX Iperionx Limited 0.75 6% -11% -16% -42% $129,272,336
SLZ Sultan Resources Ltd 0.039 -7% -33% -56% -76% $3,924,807
NKL Nickelxltd 0.067 12% 0% -46% -59% $4,786,000
NVA Nova Minerals Ltd 0.465 2% -15% -25% -46% $101,227,092
MLS Metals Australia 0.041 17% -13% 0% -71% $23,067,375
MQR Marquee Resource Ltd 0.02 3% -31% -67% -83% $6,544,150
MRR Minrex Resources Ltd 0.017 -26% -45% -60% -74% $18,442,748
EVR Ev Resources Ltd 0.015 7% 0% -38% -75% $14,975,745
EFE Eastern Resources 0.011 10% -31% -63% -79% $14,903,358
CNB Carnaby Resource Ltd 1.245 24% 12% 71% 1% $179,644,204
BNR Bulletin Res Ltd 0.09 0% -14% -18% -67% $27,010,381
AX8 Accelerate Resources 0.023 5% -18% -34% -67% $9,817,646
AM7 Arcadia Minerals 0.2 3% -11% -26% -17% $9,806,557
AS2 Askarimetalslimited 0.425 8% -20% 37% -25% $23,003,937
BYH Bryah Resources Ltd 0.022 10% 0% -12% -56% $6,468,830
DTM Dart Mining NL 0.051 -2% 9% -28% -28% $7,936,649
EMS Eastern Metals 0.062 0% -9% -54% -68% $2,421,994
FG1 Flynngold 0.08 -1% 4% -20% -46% $8,332,756
GSM Golden State Mining 0.034 17% -8% -17% -60% $4,212,511
IMI Infinitymining 0.18 -3% 6% -23% 9% $11,471,748
LRV Larvottoresources 0.16 10% -6% -6% -29% $10,760,756
LSR Lodestar Minerals 0.0055 10% 38% 0% -61% $8,692,187
RAG Ragnar Metals Ltd 0.016 7% 7% -36% -54% $6,066,958
CTN Catalina Resources 0.005 -29% -29% -38% -69% $6,192,434
TMB Tambourahmetals 0.088 1% -20% -43% -66% $3,666,141
TEM Tempest Minerals 0.02 -5% -9% -38% -89% $10,130,057
EMC Everest Metals Corp 0.069 -3% -20% -31% -61% $7,556,751
WML Woomera Mining Ltd 0.01 0% -17% -33% -49% $10,517,773
KZR Kalamazoo Resources 0.13 -7% -19% -40% -63% $18,727,422
LMG Latrobe Magnesium 0.073 22% -1% -6% -18% $113,629,976
KOR Korab Resources 0.019 6% -10% -39% -53% $6,973,950
CMX Chemxmaterials 0.115 15% -18% -36% -48% $5,826,029
NC1 Nicoresourceslimited 0.51 2% -6% -6% -50% $48,358,751
GRE Greentechmetals 0.091 -21% -41% -35% -60% $2,938,390
CMO Cosmometalslimited 0.125 0% 0% 4% -29% $3,698,950
FRB Firebird Metals 0.145 7% -17% -19% -55% $10,961,250
S32 South32 Limited 4.36 6% -8% 22% -18% $19,835,959,736
OMH OM Holdings Limited 0.72 1% -9% 20% -20% $535,501,919
JMS Jupiter Mines. 0.23 10% -2% 18% -12% $460,362,893
E25 Element 25 Ltd 0.7 18% -13% -5% -26% $125,703,843
EMN Euromanganese 0.23 0% -18% -13% -44% $53,882,482
KGD Kula Gold Limited 0.015 -6% -21% -48% -67% $5,418,179
LRS Latin Resources Ltd 0.11 10% -4% 20% -24% $253,190,316
CRR Critical Resources 0.042 17% -11% -28% -54% $68,574,459
ENT Enterprise Metals 0.009 13% 13% -18% -50% $5,640,646
SCN Scorpion Minerals 0.068 10% 0% -14% 0% $23,162,315
GCM Green Critical Min 0.014 8% -13% 17% 23% $12,824,222
ENV Enova Mining Limited 0.011 -8% -8% -35% -45% $4,300,223
RBX Resource B 0.13 -4% -21% 18% -33% $7,419,078
AKN Auking Mining Ltd 0.061 3% -4% -31% -68% $12,080,314
RR1 Reach Resources Ltd 0.0045 13% -18% -25% -44% $9,510,203
EMT Emetals Limited 0.009 0% -10% -47% -40% $7,650,000
PNT Panthermetalsltd 0.12 2% -15% -29% -49% $3,690,000
WIN Widgienickellimited 0.32 12% -7% 31% -41% $79,179,291
WMG Western Mines 0.115 -30% -41% -4% -53% $5,129,063
AVW Avira Resources Ltd 0.003 0% 0% -25% -50% $6,401,370
CAI Calidus Resources 0.215 -10% -4% -58% -78% $94,503,431
GT1 Greentechnology 0.7 13% 3% -1% -26% $137,331,643
KAI Kairos Minerals Ltd 0.02 5% 0% -38% -38% $37,317,776
MTM Mtmongerresources 0.115 15% -4% 5% -32% $8,137,428
NWM Norwest Minerals 0.041 58% 24% 21% -37% $8,905,364
PGD Peregrine Gold 0.375 -4% -14% -38% -24% $14,911,769
RAS Ragusa Minerals Ltd 0.091 30% -11% -71% 0% $12,120,897
RGL Riversgold 0.016 -6% -20% -53% -81% $15,127,483
SRZ Stellar Resources 0.0105 -5% -5% -30% -61% $11,050,940
STM Sunstone Metals Ltd 0.0335 16% 2% -1% -59% $86,474,732
ZNC Zenith Minerals Ltd 0.15 -19% -32% -47% -62% $54,514,437
WC8 Wildcat Resources 0.032 10% 10% 3% -16% $19,198,659
ASO Aston Minerals Ltd 0.13 24% 0% 55% -21% $139,341,367
THR Thor Energy PLC 0.0045 0% -18% -55% -74% $5,912,451
CZL Cons Zinc Ltd 0.018 13% -5% 0% -53% $8,200,083
IG6 Internationalgraphit 0.235 21% 7% -27% 0% $21,557,087
LPM Lithium Plus 0.235 12% -22% -61% 0% $12,467,609
ODE Odessa Minerals Ltd 0.008 0% -33% -56% -47% $4,948,685
KOB Kobaresourceslimited 0.135 -4% -4% 8% 0% $10,885,000
AZI Altamin Limited 0.0705 -5% -2% -15% -23% $27,616,031
FTL Firetail Resources 0.12 14% -14% -37% 0% $7,800,000
LNR Lanthanein Resources 0.019 36% 6% -47% -44% $22,431,511
CLZ Classic Min Ltd 0.001 -33% -67% -94% -99% $2,437,440
NVX Novonix Limited 1.26 14% -15% -27% -80% $635,382,224
OCN Oceanalithiumlimited 0.33 3% -3% -37% 0% $12,212,363
SUM Summitminerals 0.12 4% -8% -29% 0% $3,214,582
DVP Develop Global Ltd 3.17 12% -3% 28% 1% $540,377,248
XTC Xantippe Res Ltd 0.004 -11% -33% -50% -64% $42,320,399
OD6 Od6Metalsltd 0.26 49% 0% 49% 0% $16,229,571
HRE Heavy Rare Earths 0.11 10% -12% -35% 0% $5,472,890
LIN Lindian Resources 0.265 15% 15% -15% 703% $259,636,882
PEK Peak Rare Earths Ltd 0.47 -3% -28% 7% -41% $101,031,529
ILU Iluka Resources 10.99 8% 1% 18% -3% $4,583,897,793
ASM Ausstratmaterials 1.3 4% -17% -41% -83% $225,052,056
ETM Energy Transition 0.045 5% -4% -2% -33% $51,518,272
VMS Venture Minerals 0.018 -10% -18% -22% -74% $33,567,444
IDA Indiana Resources 0.05 0% -7% -22% -14% $25,135,241
VTM Victory Metals Ltd 0.205 3% 0% 28% 41% $11,301,926
M2R Miramar 0.043 0% -31% -53% -77% $3,359,235
WCN White Cliff Min Ltd 0.007 -22% -36% -67% -77% $5,096,354
TAR Taruga Minerals 0.014 0% -18% -53% -44% $9,884,375
ABX ABX Group Limited 0.11 -8% -15% -31% -41% $23,477,035
MEK Meeka Metals Limited 0.043 -4% 5% -27% -17% $48,042,402
RR1 Reach Resources Ltd 0.0045 13% -18% -25% -44% $9,510,203
DRE Dreadnought Resources Ltd 0.065 8% -17% -30% 67% $230,560,975
KFM Kingfisher Mining 0.23 5% -22% -45% -4% $12,354,450
AOA Ausmon Resorces 0.0045 -10% -10% -36% -50% $3,877,157
WC1 Westcobarmetals 0.1 14% -35% -64% -29% $7,601,769
GRL Godolphin Resources 0.075 -12% 7% -10% -50% $8,285,861
DM1 Desert Metals 0.13 13% -19% -73% -64% $9,430,340
PTR Petratherm Ltd 0.0705 26% 8% 2% 44% $15,732,580
ITM Itech Minerals Ltd 0.26 4% -5% -24% -44% $29,233,391
KTA Krakatoa Resources 0.028 -3% -28% -55% -51% $10,341,298
M24 Mamba Exploration 0.1 35% -17% -23% -31% $6,098,334
LNR Lanthanein Resources 0.019 36% 6% -47% -44% $22,431,511
TKM Trek Metals Ltd 0.067 3% -1% 12% -14% $24,384,321
BCA Black Canyon Limited 0.235 12% 0% 7% -25% $10,537,981
CDT Castle Minerals 0.02 11% -9% -13% -66% $21,365,367
RDT Red Dirt Metals Ltd 0.355 22% -10% -38% -51% $166,840,309
A11 Atlantic Lithium 0.54 17% -19% -11% 0% $339,215,330
KNI Kunikolimited 0.47 0% 4% -31% -64% $24,397,491
CY5 Cygnus Metals Ltd 0.21 14% -41% -16% 24% $39,532,956
WR1 Winsome Resources 1.55 18% -28% 343% 216% $262,492,678
LLI Loyal Lithium Ltd 0.32 52% -12% -29% 21% $19,036,800
BC8 Black Cat Syndicate 0.44 14% 11% 42% -27% $118,621,182
BUR Burleyminerals 0.265 39% -15% 141% 96% $16,274,804
PBL Parabellumresources 0.345 0% -1% 30% 86% $18,879,263
L1M Lightning Minerals 0.17 21% 6% 0% 0% $5,963,400
WA1 Wa1Resourcesltd 1.365 33% -2% 781% 550% $48,044,254
EV1 Evolutionenergy 0.24 -8% -11% -6% -41% $37,656,250
1AE Auroraenergymetals 0.105 17% -9% -56% 0% $12,889,189
RVT Richmond Vanadium 0.4 3% 5% 0% 0% $34,483,122
PMT Patriotbatterymetals 1.33 11% -19% 0% 0% $337,720,779
PAT Patriot Lithium 0.27 10% -18% 0% 0% $16,439,626
BM8 Battery Age Minerals 0.38 7% -22% -24% -7% $28,573,993
OM1 Omnia Metals Group 0.22 -6% -27% 47% 22% $7,411,328
VHM Vhmlimited 0.79 0% -9% 0% 0% $116,865,730
LLL Leolithiumlimited 0.5 14% -7% -6% 0% $508,128,310
SRN Surefire Rescs NL 0.021 5% 50% 62% 31% $33,208,633
SRL Sunrise 1.77 16% 9% -27% -26% $160,753,314
SYR Syrah Resources 1.635 6% -12% 3% -5% $1,170,069,786
TMB Tambourahmetals 0.088 1% -20% -43% -66% $3,666,141
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WEEKLY SMALL CAP STANDOUTS

LIONTOWN RESOURCES (ASX:LTR) +70%

Liontown has agreed terms with Olympio Metals (ASX:OLY) to farm into its Mulline and Mulwarrie lithium projects in the Eastern Goldfields of Western Australia.

The company is set to complete 1,100 soil samples across the projects before progressing to Stage 1 earn-in, which will take LTR a 51% interest within one year.

At that stage, Olympio can request to end the farm-in and to form a joint venture (JV), with Liontown funding 51% and Olympio 49%.

 

ADAVALE RESOURCES (ASX:ADD) +55%

Several distinct nickel sulphide targets, including a 15km copper in soil anomaly, will form the basis of a 5,000m drill campaign at the Kabanga Jirani Nickel Project in April.

ADD says recent wet season geochemical surveys played a significant role in refining nickel sulphide drill targets with several of the anomalies containing coincident gravity, electromagnetics, and historic ultramafic intersections.

Importantly, a copper in soil anomaly of over 15km strike has been defined, adjacent to elevated nickel and cobalt soil anomalies.

This is a positive sign given that the neighbouring Kabanga deposit – owned by LifeZone and BHP (ASX:BHP) – contains a mineral resource of 58Mt at 2.62% nickel plus 0.35% copper and 0.19% cobalt.

NOW READ: Adavale Resources eyes 15km soil anomaly to follow-up in drilling at the Kabanga Jirani Nickel Project

 

OD6 METALS (ASX:OD6) +49%

Very high metallurgical recoveries, up to 96%, of Magnet Rare Earth Elements (MagREE), have been achieved from samples tested at the Australian Nuclear Science Organisation (ANSTO) from the Splinter Rock Project in Western Australia.

The results provide OD6 considerable confidence to proceed with further optimisation test work in parallel with targeted infill drill programs at the four main prospect areas (Prop, Flanker, Centre, and Scrum).

“These metallurgical results, undertaken by a specialist team at ANSTO, are a watershed moment for OD6,” OD6 MD Brett Hazelden says.

“Our immediate focus is to conduct targeted infill drilling in these clay basins and proceed with further optimisation testwork, bringing us closer to our near-term goal of declaring a significant, high-quality maiden JORC mineral resource estimate.”

 

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