Pic: eymar Jr. of Brazil hugs Lionel Messi of Argentina as Lautaro Martinez of Argentina prepares for kick off prior to the final of Copa America Brazil 2021 between Brazil and Argentina at Maracana Stadium on July 10, 2021 in Rio de Janeiro, Brazil. (Photo by Wagner Meier/Getty Images)
Mining
Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.
Lithium and copper production from Latin American countries like Brazil, Chile and Argentina over the next decade will decide the trajectory of the global energy transition, experts say.
With the increased shift to electric vehicles, it is projected that lithium demand from North America will face a 12.5% deficit alone by the end of this decade, says Tom Moerenhout, research scholar at Colombia University’s Center on Global Energy Policy.
A 15%-20% copper supply deficit is also expected by 2030.
“These are huge numbers,” Moerenhout says.
Building new mines, however, takes at least 10 years.
The average for critical mineral mines in recent decades stands at a dire 16 years, Moerenhout says, attributing the data to the International Energy Agency.
“Even if your market responds, and it will, the response will be slow,” he said.
Places like Chile and Bolivia have some of the world’s richest deposits of lithium and copper, but faces social, political, environmental, and financial challenges to increase production to what is required.
Impoverished Bolivia, for example, has 21Mt of lithium — more than any other country in the world — but produced less than 1% of global supply in 2021.
Chile, meanwhile, produces a lot more from its 36% of global lithium reserves and 23% of global copper reserves.
Its issue is political: under the National Lithium Strategy, which President Gabriel Boric launched in late April, the country aims to take a controlling stake in the operations on the Salar de Atacama, estimated to contain 40% of the world’s lithium reserves.
Former minister of energy and mining for Chile Juan Carlos Jobet does not agree with the approach, says Platts.
“They are saying that all lithium production, I mean projects or companies, should be controlled by the state, and I am sceptical about state-owned enterprises playing a key role in the development of the industry,” he says.
“…We don’t have a very good track record of state-owned companies developing projects in an efficient way.”
The second issue is the risk this creates for private investment in Chilean exploration.
“The risk-return equation they are offering to private investors is not very attractive,” Jobet says.
“”…The essence of exploration in mining is that I take a big risk, because if I am successful, I have the right to produce.
“If I take the risk of exploration, but if I’m successful I might not get the right to produce, then that’s a problem.”
For now, this means more investment inflow into quality explorers and project developers in mining friendly countries like Brazil and Argentina.
Argentina’s portion of the South American lithium triangle includes the brine-rich Salta province where a string of ASX-listed juniors are also exploring and developing projects, including Lithium Energy (ASX:LEL), Argosy Minerals (ASX:AGY), Galan Lithium (ASX:GLN), Lake Resources (ASX:LKE), Pursuit Minerals (ASX:PUR) and Patagonia Lithium (ASX:PL3).
Bigger companies in the region include Australia’s Allkem (ASX:AKE) and merger partner Livent Corp.
Brazil loves hard rock. Its posterchild is Canada-listed Sigma Lithium (TSX.V: SGML) and its brand new 270,000tpa Grota do Cirilo operation.
That’s just Phase 1. Phase 2 & 3 of the project are expected to increase production to 766,000 tonnes annually of concentrate in a state-of-the-art lithium plant that uses 100% renewable energy, 100% recycled water and 100% dry-stacked tailings.
Nipping at its heels are a bunch of Aussie stocks led by Latin Resources (ASX:LRS), which is currently drilling to expand the size of its 13.3Mt @ 1.2% Li2O inventory at the Salinas project in Minas Gerais.
Then there’s the early-stage guys.
Solis Minerals (ASX:SLM) (TSX.V: SLMN) has spiked on volume since announcing the purchase of the Jaguar lithium project in Brazil last week.
At Jaguar – located in Bahia state — the company says there are rock chips grading up to 4.95% Li2O along a 1km long, 50m wide spodumene-rich pegmatite body.
Drilling will kick off this month.
Fellow Brazilian lithium play Oceana Lithium (ASX:OCN) has already started a 3,000m scout drilling program to test for near-surface lithium at the 124sqkm Solonópole project.
Drilling will start at the Bom Jesus de Baixo pegmatite before moving to other peggie outcrops, the company says.
(We know. These are not all the ASX lithium stocks in Latin America, and we didn’t even talk about copper. This is just a sample.)
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 | 1 WEEK RETURN % | YTD RETURN % | 12 MONTH RETURN % | PRICE | MARKET CAP |
|---|---|---|---|---|---|---|
| RR1 | Reach Resources Ltd | 85% | 140% | 140% | 0.012 | $30,305,557 |
| ADD | Adavale Resource Ltd | 75% | 47% | 3% | 0.028 | $8,312,688 |
| GSM | Golden State Mining | 75% | 30% | -10% | 0.056 | $8,655,852 |
| AVW | Avira Resources Ltd | 50% | 0% | -40% | 0.003 | $6,401,370 |
| TKL | Traka Resources | 40% | -13% | -13% | 0.007 | $6,099,305 |
| ODE | Odessa Minerals Ltd | 40% | -7% | -13% | 0.014 | $10,520,435 |
| WC8 | Wildcat Resources | 40% | 400% | 224% | 0.12 | $72,822,500 |
| FTL | Firetail Resources | 34% | -22% | -58% | 0.125 | $8,855,000 |
| WCN | White Cliff Min Ltd | 33% | -43% | -58% | 0.008 | $7,672,435 |
| ENT | Enterprise Metals | 25% | -50% | -64% | 0.005 | $2,820,323 |
| AOA | Ausmon Resorces | 25% | -29% | -38% | 0.005 | $4,846,447 |
| EGR | Ecograf Limited | 24% | -18% | -54% | 0.18 | $81,060,023 |
| OCN | Oceanalithiumlimited | 23% | 7% | 0% | 0.37 | $15,866,483 |
| IPT | Impact Minerals | 23% | 93% | 23% | 0.0135 | $39,825,854 |
| EMC | Everest Metals Corp | 22% | 33% | -14% | 0.105 | $13,590,476 |
| EMH | European Metals Hldg | 21% | 10% | -26% | 0.705 | $86,908,233 |
| AZS | Azure Minerals | 18% | 144% | 80% | 0.55 | $222,434,561 |
| SGQ | St George Min Ltd | 16% | -24% | 37% | 0.052 | $43,706,549 |
| G88 | Golden Mile Res Ltd | 15% | 13% | -52% | 0.023 | $6,431,793 |
| NMT | Neometals Ltd | 15% | -28% | -54% | 0.58 | $315,062,470 |
| CMX | Chemxmaterials | 14% | -35% | -40% | 0.12 | $6,079,335 |
| SRI | Sipa Resources Ltd | 11% | -34% | -45% | 0.021 | $4,791,321 |
| NWM | Norwest Minerals | 10% | -41% | -23% | 0.032 | $6,679,023 |
| FG1 | Flynngold | 10% | -24% | -39% | 0.076 | $7,818,389 |
| MRC | Mineral Commodities | 10% | -20% | -48% | 0.055 | $33,881,341 |
| ENV | Enova Mining Limited | 10% | -27% | -39% | 0.011 | $4,300,223 |
| M2R | Miramar | 10% | -31% | -52% | 0.055 | $4,420,996 |
| WC1 | Westcobarmetals | 9% | -38% | -19% | 0.105 | $9,070,293 |
| CMO | Cosmometalslimited | 9% | -11% | -14% | 0.12 | $3,061,200 |
| PLL | Piedmont Lithium Inc | 9% | 43% | 12% | 0.92 | $395,992,785 |
| AXE | Archer Materials | 9% | -17% | -35% | 0.51 | $132,520,447 |
| WML | Woomera Mining Ltd | 8% | -26% | -38% | 0.014 | $13,386,257 |
| GL1 | Globallith | 8% | -19% | -8% | 1.5 | $402,825,134 |
| BKT | Black Rock Mining | 7% | 7% | -28% | 0.145 | $143,251,342 |
| KOR | Korab Resources | 7% | -3% | 0% | 0.029 | $10,644,450 |
| LOT | Lotus Resources Ltd | 7% | -6% | -32% | 0.1925 | $262,076,499 |
| DVP | Develop Global Ltd | 7% | 17% | 44% | 3.72 | $651,455,030 |
| WA1 | Wa1Resourcesltd | 6% | 288% | 2824% | 5.41 | $234,171,459 |
| AQD | Ausquest Limited | 6% | 0% | -39% | 0.017 | $14,027,537 |
| AM7 | Arcadia Minerals | 6% | -17% | -28% | 0.17 | $7,471,663 |
| GCM | Green Critical Min | 6% | 0% | 28% | 0.017 | $17,756,615 |
| AML | Aeon Metals Ltd. | 6% | -33% | -44% | 0.018 | $18,638,811 |
| MEK | Meeka Metals Limited | 6% | -47% | -49% | 0.036 | $34,163,486 |
| L1M | Lightning Minerals | 6% | 9% | 0% | 0.18 | $6,863,185 |
| AVL | Aust Vanadium Ltd | 6% | 48% | -12% | 0.037 | $157,122,008 |
| SYR | Syrah Resources | 6% | -54% | -43% | 0.945 | $622,881,041 |
| SYR | Syrah Resources | 6% | -54% | -43% | 0.945 | $622,881,041 |
| VRC | Volt Resources Ltd | 6% | -37% | -55% | 0.0095 | $37,424,527 |
| BUX | Buxton Resources Ltd | 5% | 70% | 135% | 0.195 | $34,255,714 |
| SRL | Sunrise | 5% | -39% | -62% | 1.18 | $104,467,140 |
| CTM | Centaurus Metals Ltd | 5% | -32% | -33% | 0.765 | $308,608,517 |
| LPI | Lithium Pwr Int Ltd | 5% | -25% | -35% | 0.33 | $201,356,019 |
| MAN | Mandrake Res Ltd | 5% | 10% | -8% | 0.044 | $26,345,436 |
| IXR | Ionic Rare Earths | 5% | -33% | -57% | 0.022 | $90,760,413 |
| POS | Poseidon Nick Ltd | 5% | 10% | -31% | 0.044 | $151,479,374 |
| NIC | Nickel Industries | 5% | -6% | -30% | 0.91 | $2,721,831,546 |
| HNR | Hannans Ltd | 5% | -39% | -45% | 0.0115 | $29,970,653 |
| WSR | Westar Resources | 4% | 44% | 9% | 0.072 | $17,165,709 |
| FRS | Forrestaniaresources | 4% | -46% | -59% | 0.075 | $4,566,848 |
| ITM | Itech Minerals Ltd | 4% | -6% | -46% | 0.25 | $29,233,391 |
| PAT | Patriot Lithium | 4% | -6% | 0% | 0.25 | $15,346,876 |
| WMG | Western Mines | 4% | 375% | 271% | 0.76 | $37,988,718 |
| RXL | Rox Resources | 4% | 123% | 20% | 0.39 | $89,741,704 |
| IMI | Infinitymining | 4% | -51% | -16% | 0.135 | $9,177,398 |
| EG1 | Evergreenlithium | 4% | 0% | 0% | 0.405 | $22,773,150 |
| BSX | Blackstone Ltd | 4% | 4% | -46% | 0.14 | $65,132,225 |
| AS2 | Askarimetalslimited | 4% | -36% | -33% | 0.28 | $19,878,089 |
| ASO | Aston Minerals Ltd | 4% | 5% | -33% | 0.084 | $95,866,860 |
| CXO | Core Lithium | 4% | 6% | -10% | 1.0875 | $2,053,661,057 |
| TVN | Tivan Limited | 4% | 21% | 26% | 0.087 | $132,469,222 |
| LNR | Lanthanein Resources | 3% | -26% | -26% | 0.0155 | $17,945,209 |
| RBX | Resource B | 3% | 112% | 20% | 0.18 | $13,332,569 |
| NKL | Nickelxltd | 3% | -4% | -53% | 0.077 | $6,655,517 |
| IDA | Indiana Resources | 2% | -24% | -22% | 0.042 | $21,295,421 |
| CHN | Chalice Mining Ltd | 2% | 16% | 24% | 7.28 | $2,810,478,107 |
| IG6 | Internationalgraphit | 2% | -19% | -41% | 0.22 | $19,797,325 |
| LEG | Legend Mining | 2% | 20% | -31% | 0.048 | $142,172,382 |
| CLA | Celsius Resource Ltd | 2% | 53% | 23% | 0.0245 | $53,065,240 |
| LLL | Leolithiumlimited | 2% | 79% | 0% | 0.8675 | $868,320,669 |
| OD6 | Od6Metalsltd | 2% | -19% | 0% | 0.27 | $14,854,184 |
| AKE | Allkem Limited | 2% | 35% | 27% | 15.12 | $9,622,260,518 |
| LYC | Lynas Rare Earths | 2% | -1% | -19% | 7.78 | $7,330,451,494 |
| NVX | Novonix Limited | 2% | -35% | -74% | 0.96 | $455,259,163 |
| ILU | Iluka Resources | 1% | 22% | 8% | 11.62 | $4,954,528,934 |
| GT1 | Greentechnology | 1% | -15% | -27% | 0.705 | $133,866,875 |
| BOA | Boadicea Resources | 1% | -31% | -58% | 0.072 | $5,998,359 |
| AZI | Altamin Limited | 1% | -5% | -20% | 0.076 | $27,811,889 |
| PLS | Pilbara Min Ltd | 1% | 23% | 88% | 4.6 | $13,671,710,818 |
| BHP | BHP Group Limited | 1% | -4% | -6% | 43.92 | $222,896,104,464 |
| EVG | Evion Group NL | 1% | -44% | -58% | 0.04 | $14,036,727 |
| PTR | Petratherm Ltd | 1% | 40% | -23% | 0.081 | $18,204,842 |
| VUL | Vulcan Energy | 1% | -38% | -49% | 3.93 | $621,429,085 |
| GLN | Galan Lithium Ltd | 1% | -7% | -27% | 1 | $333,546,251 |
| JRL | Jindalee Resources | 1% | 9% | -39% | 2.05 | $119,922,039 |
| INR | Ioneer Ltd | 1% | -10% | -35% | 0.3425 | $702,943,319 |
| LTR | Liontown Resources | 1% | 109% | 117% | 2.755 | $6,117,335,679 |
| IPX | Iperionx Limited | 1% | 34% | 11% | 0.925 | $173,678,692 |
| IGO | IGO Limited | 0% | 8% | 20% | 14.485 | $10,919,801,863 |
| VIA | Viagold Rare Earth | 0% | 0% | 0% | 2 | $166,624,808 |
| GSR | Greenstone Resources | 0% | -44% | -71% | 0.018 | $21,943,123 |
| AVZ | AVZ Minerals Ltd | 0% | 0% | 0% | 0.78 | $2,752,409,203 |
| RLC | Reedy Lagoon Corp. | 0% | -40% | -74% | 0.006 | $3,400,318 |
| FGR | First Graphene Ltd | 0% | -27% | -39% | 0.082 | $48,396,833 |
| HXG | Hexagon Energy | 0% | -35% | -59% | 0.011 | $6,154,991 |
| MNS | Magnis Energy Tech | 0% | -57% | -58% | 0.16 | $178,210,210 |
| EUR | European Lithium Ltd | 0% | 35% | 39% | 0.1 | $156,370,113 |
| ESR | Estrella Res Ltd | 0% | -36% | -64% | 0.009 | $14,835,719 |
| SBR | Sabre Resources | 0% | -42% | -56% | 0.022 | $6,704,182 |
| GED | Golden Deeps | 0% | -33% | -67% | 0.006 | $6,931,360 |
| ADV | Ardiden Ltd | 0% | 0% | -36% | 0.007 | $18,818,347 |
| NTU | Northern Min Ltd | 0% | -7% | -11% | 0.039 | $187,872,899 |
| CWX | Carawine Resources | 0% | 0% | -33% | 0.1 | $19,681,747 |
| PRL | Province Resources | 0% | -32% | -50% | 0.041 | $48,441,219 |
| ARN | Aldoro Resources | 0% | -25% | -41% | 0.12 | $16,130,849 |
| MCR | Mincor Resources NL | 0% | -7% | -43% | 1.4 | $759,351,429 |
| FBM | Future Battery | 0% | 108% | 29% | 0.11 | $49,202,190 |
| VML | Vital Metals Limited | 0% | -53% | -83% | 0.009 | $47,755,348 |
| ASN | Anson Resources Ltd | 0% | -3% | 33% | 0.18 | $226,355,012 |
| FFX | Firefinch Ltd | 0% | 0% | -42% | 0.2 | $236,569,315 |
| ATM | Aneka Tambang | 0% | 28% | -8% | 1.15 | $1,499,196 |
| ALY | Alchemy Resource Ltd | 0% | -26% | -29% | 0.017 | $22,383,449 |
| RMX | Red Mount Min Ltd | 0% | -20% | -43% | 0.004 | $9,087,404 |
| QPM | Queensland Pacific | 0% | 0% | -29% | 0.11 | $183,366,532 |
| TON | Triton Min Ltd | 0% | -6% | 26% | 0.034 | $53,086,091 |
| VMC | Venus Metals Cor Ltd | 0% | 41% | 6% | 0.19 | $33,527,306 |
| MLS | Metals Australia | 0% | -17% | -51% | 0.037 | $22,465,303 |
| EFE | Eastern Resources | 0% | -62% | -62% | 0.011 | $12,419,465 |
| AX8 | Accelerate Resources | 0% | 0% | -30% | 0.023 | $8,684,840 |
| BYH | Bryah Resources Ltd | 0% | -34% | -63% | 0.017 | $5,465,991 |
| LSR | Lodestar Minerals | 0% | 0% | -38% | 0.005 | $9,216,987 |
| KZR | Kalamazoo Resources | 0% | -40% | -64% | 0.125 | $19,050,794 |
| SCN | Scorpion Minerals | 0% | -1% | -28% | 0.069 | $23,853,727 |
| SRZ | Stellar Resources | 0% | -23% | -52% | 0.01 | $11,065,607 |
| THR | Thor Energy PLC | 0% | -17% | -62% | 0.005 | $7,300,064 |
| CLZ | Classic Min Ltd | 0% | -89% | -99% | 0.001 | $7,013,882 |
| VTM | Victory Metals Ltd | 0% | -9% | 29% | 0.2 | $13,311,339 |
| BCA | Black Canyon Limited | 0% | -15% | -32% | 0.205 | $10,601,741 |
| CDT | Castle Minerals | 0% | -29% | -58% | 0.015 | $16,867,395 |
| LLI | Loyal Lithium Ltd | 0% | 8% | 3% | 0.32 | $19,036,800 |
| PBL | Parabellumresources | 0% | 1% | 73% | 0.345 | $18,879,263 |
| MGG | Mogul Games Grp Ltd | 0% | 0% | -50% | 0.0015 | $4,905,643 |
| S32 | South32 Limited | -1% | -2% | -23% | 3.91 | $18,099,337,177 |
| BRB | Breaker Res NL | -1% | 48% | 116% | 0.475 | $158,126,031 |
| ESS | Essential Metals Ltd | -1% | 37% | -12% | 0.445 | $120,405,012 |
| JMS | Jupiter Mines. | -1% | -3% | -3% | 0.2125 | $440,772,982 |
| ARL | Ardea Resources Ltd | -1% | -47% | -70% | 0.375 | $66,028,567 |
| BC8 | Black Cat Syndicate | -1% | 6% | -18% | 0.375 | $97,296,025 |
| ARR | American Rare Earths | -2% | -14% | -52% | 0.1625 | $71,427,728 |
| NVA | Nova Minerals Ltd | -2% | -57% | -56% | 0.295 | $63,266,987 |
| MLX | Metals X Limited | -2% | -30% | -42% | 0.27 | $254,034,499 |
| LKE | Lake Resources | -2% | -34% | -63% | 0.525 | $739,671,248 |
| PEK | Peak Rare Earths Ltd | -2% | 12% | 12% | 0.505 | $120,122,154 |
| WIN | Widgienickellimited | -2% | -27% | -33% | 0.24 | $72,891,585 |
| AGY | Argosy Minerals Ltd | -2% | -19% | -2% | 0.46 | $653,049,487 |
| M24 | Mamba Exploration | -2% | -38% | -28% | 0.09 | $5,488,500 |
| AZL | Arizona Lithium Ltd | -2% | -29% | -66% | 0.044 | $118,402,491 |
| KFM | Kingfisher Mining | -2% | -54% | -35% | 0.22 | $12,354,450 |
| BUR | Burleyminerals | -2% | 0% | 110% | 0.22 | $18,654,951 |
| STK | Strickland Metals | -2% | 5% | -40% | 0.042 | $68,359,615 |
| CRR | Critical Resources | -2% | -2% | -41% | 0.042 | $68,574,459 |
| EMN | Euromanganese | -2% | -44% | -27% | 0.2 | $48,687,400 |
| FRB | Firebird Metals | -2% | -49% | -78% | 0.079 | $5,772,925 |
| QEM | QEM Limited | -3% | 8% | -11% | 0.195 | $26,401,384 |
| KNI | Kunikolimited | -3% | -24% | -54% | 0.39 | $20,331,243 |
| 1AE | Auroraenergymetals | -3% | -51% | -70% | 0.074 | $11,880,520 |
| MIN | Mineral Resources. | -3% | -10% | 15% | 69.5 | $13,651,731,906 |
| LRV | Larvottoresources | -3% | 13% | -43% | 0.18 | $11,097,029 |
| CAI | Calidus Resources | -3% | -33% | -78% | 0.18 | $98,886,207 |
| KOB | Kobaresourceslimited | -3% | 29% | 0% | 0.18 | $18,975,000 |
| WKT | Walkabout Resources | -3% | -32% | -45% | 0.095 | $63,204,535 |
| RAS | Ragusa Minerals Ltd | -3% | -33% | -40% | 0.0775 | $10,980,107 |
| A11 | Atlantic Lithium | -3% | -4% | 0% | 0.595 | $371,637,413 |
| VR8 | Vanadium Resources | -3% | 46% | -11% | 0.084 | $44,668,622 |
| PGD | Peregrine Gold | -3% | -27% | -40% | 0.28 | $15,708,731 |
| AKN | Auking Mining Ltd | -4% | -43% | -44% | 0.055 | $11,381,453 |
| MMC | Mitremining | -4% | -5% | 96% | 0.265 | $10,705,828 |
| DRE | Dreadnought Resources Ltd | -4% | -50% | 29% | 0.053 | $169,714,139 |
| GBR | Greatbould Resources | -4% | -15% | -13% | 0.077 | $39,332,046 |
| DM1 | Desert Metals | -4% | -61% | -65% | 0.077 | $5,585,663 |
| PSC | Prospect Res Ltd | -4% | 4% | 162% | 0.125 | $60,093,730 |
| ZNC | Zenith Minerals Ltd | -4% | -53% | -67% | 0.125 | $44,047,610 |
| S2R | S2 Resources | -4% | -29% | -33% | 0.12 | $51,261,440 |
| EMS | Eastern Metals | -4% | -35% | -71% | 0.048 | $1,875,092 |
| LIT | Lithium Australia | -4% | -21% | -58% | 0.0355 | $43,962,900 |
| LPD | Lepidico Ltd | -4% | -28% | -60% | 0.0115 | $84,015,604 |
| LRS | Latin Resources Ltd | -4% | 76% | 80% | 0.1725 | $444,643,777 |
| PNN | Power Minerals Ltd | -4% | -15% | -8% | 0.45 | $32,912,099 |
| TLG | Talga Group Ltd | -4% | -13% | -11% | 1.225 | $439,973,690 |
| INF | Infinity Lithium | -4% | -8% | -15% | 0.11 | $50,885,130 |
| BMM | Balkanminingandmin | -4% | -33% | -15% | 0.22 | $9,793,263 |
| CY5 | Cygnus Metals Ltd | -5% | -46% | 21% | 0.205 | $43,898,846 |
| EV1 | Evolutionenergy | -5% | -9% | -46% | 0.205 | $31,631,250 |
| ABX | ABX Group Limited | -5% | -13% | -38% | 0.1 | $22,359,081 |
| AXN | Alliance Nickel Ltd | -5% | 4% | -27% | 0.095 | $69,884,416 |
| RNU | Renascor Res Ltd | -5% | -12% | -17% | 0.19 | $495,184,462 |
| DLI | Delta Lithium | -5% | 35% | 31% | 0.64 | $294,658,536 |
| CZN | Corazon Ltd | -5% | -14% | -28% | 0.018 | $10,985,950 |
| AR3 | Austrare | -5% | -10% | -16% | 0.36 | $40,451,637 |
| RAG | Ragnar Metals Ltd | -5% | 50% | -61% | 0.018 | $6,825,328 |
| VHM | Vhmlimited | -5% | 0% | 0% | 0.715 | $107,243,952 |
| PNT | Panthermetalsltd | -5% | -63% | -63% | 0.069 | $4,219,350 |
| NWC | New World Resources | -6% | 0% | -21% | 0.034 | $71,586,730 |
| KAI | Kairos Minerals Ltd | -6% | -26% | -32% | 0.017 | $33,389,589 |
| YAR | Yari Minerals Ltd | -6% | 0% | -29% | 0.017 | $8,200,083 |
| SRN | Surefire Rescs NL | -6% | 42% | -48% | 0.017 | $28,073,179 |
| LEL | Lithenergy | -6% | 17% | -21% | 0.9 | $85,033,950 |
| PVW | PVW Res Ltd | -6% | -35% | -79% | 0.064 | $6,400,134 |
| CNB | Carnaby Resource Ltd | -6% | 11% | 13% | 1.04 | $170,157,054 |
| RGL | Riversgold | -6% | -47% | -60% | 0.016 | $15,220,183 |
| VMS | Venture Minerals | -6% | -30% | -60% | 0.016 | $31,200,209 |
| E25 | Element 25 Ltd | -6% | -31% | -8% | 0.61 | $116,180,824 |
| A8G | Australasian Metals | -6% | -24% | -60% | 0.145 | $7,557,472 |
| LMG | Latrobe Magnesium | -6% | -25% | -16% | 0.058 | $102,586,597 |
| ARU | Arafura Rare Earths | -6% | -23% | -25% | 0.36 | $750,244,466 |
| RVT | Richmond Vanadium | -6% | 53% | 0% | 0.36 | $32,327,927 |
| OMH | OM Holdings Limited | -7% | -18% | -32% | 0.57 | $432,094,652 |
| NC1 | Nicoresourceslimited | -7% | -20% | -59% | 0.495 | $44,841,751 |
| MRR | Minrex Resources Ltd | -7% | -56% | -73% | 0.014 | $15,188,145 |
| EVR | Ev Resources Ltd | -7% | 0% | -63% | 0.014 | $14,039,761 |
| DEV | Devex Resources Ltd | -7% | 21% | -3% | 0.34 | $129,772,501 |
| LML | Lincoln Minerals | -7% | 90% | 90% | 0.013 | $8,624,755 |
| SLZ | Sultan Resources Ltd | -7% | -54% | -73% | 0.039 | $6,075,792 |
| ASM | Ausstratmaterials | -8% | -24% | -79% | 1.085 | $178,374,593 |
| QXR | Qx Resources Limited | -8% | -14% | -18% | 0.036 | $34,080,768 |
| PMT | Patriotbatterymetals | -8% | 128% | 0% | 1.71 | $572,867,952 |
| MTM | MTM Critical Metals | -8% | 46% | -45% | 0.115 | $10,602,907 |
| GRE | Greentechmetals | -8% | -21% | -31% | 0.11 | $4,610,055 |
| TKM | Trek Metals Ltd | -8% | -14% | -21% | 0.065 | $27,653,540 |
| SUM | Summitminerals | -9% | 10% | 0% | 0.16 | $3,956,408 |
| LIN | Lindian Resources | -9% | 135% | 265% | 0.365 | $385,089,410 |
| WR1 | Winsome Resources | -9% | 31% | 313% | 1.61 | $254,668,942 |
| BM8 | Battery Age Minerals | -9% | -38% | -38% | 0.31 | $23,007,631 |
| REE | Rarex Limited | -9% | -24% | -47% | 0.041 | $28,088,569 |
| BNR | Bulletin Res Ltd | -9% | -34% | -64% | 0.061 | $18,496,239 |
| PAM | Pan Asia Metals | -9% | -39% | -55% | 0.25 | $40,369,239 |
| HRE | Heavy Rare Earths | -9% | -13% | 0% | 0.1 | $6,246,233 |
| GW1 | Greenwing Resources | -9% | -13% | -14% | 0.24 | $37,477,444 |
| CAE | Cannindah Resources | -10% | -42% | -45% | 0.14 | $84,296,993 |
| LPM | Lithium Plus | -10% | -24% | -41% | 0.28 | $18,806,637 |
| PGM | Platina Resources | -10% | 42% | -34% | 0.027 | $17,449,049 |
| AUZ | Australian Mines Ltd | -10% | -66% | -83% | 0.018 | $10,868,803 |
| EMT | Emetals Limited | -10% | -10% | -31% | 0.009 | $8,500,000 |
| TMT | Technology Metals | -11% | -20% | -30% | 0.28 | $71,200,076 |
| 1MC | Morella Corporation | -11% | -33% | -67% | 0.008 | $48,788,644 |
| PUR | Pursuit Minerals | -11% | 0% | -20% | 0.016 | $41,707,543 |
| CNJ | Conico Ltd | -11% | -6% | -78% | 0.008 | $12,560,760 |
| MQR | Marquee Resource Ltd | -12% | -38% | -78% | 0.023 | $7,525,773 |
| KTA | Krakatoa Resources | -12% | -48% | -71% | 0.023 | $8,357,661 |
| CTN | Catalina Resources | -13% | -65% | -63% | 0.0035 | $4,334,704 |
| TAR | Taruga Minerals | -13% | -42% | -43% | 0.014 | $9,884,375 |
| AAJ | Aruma Resources Ltd | -13% | 17% | -19% | 0.062 | $9,888,575 |
| PVT | Pivotal Metals Ltd | -13% | -39% | -33% | 0.027 | $15,593,965 |
| TMB | Tambourahmetals | -13% | -5% | -52% | 0.1 | $4,119,260 |
| SYA | Sayona Mining Ltd | -13% | -4% | 7% | 0.1825 | $1,637,775,564 |
| MOH | Moho Resources | -13% | -38% | -61% | 0.013 | $3,374,511 |
| PAN | Panoramic Resources | -14% | -46% | -65% | 0.095 | $198,938,658 |
| JRV | Jervois Global Ltd | -14% | -71% | -89% | 0.081 | $176,784,706 |
| TEM | Tempest Minerals | -14% | -48% | -77% | 0.012 | $6,588,681 |
| CHR | Charger Metals | -14% | 7% | -7% | 0.475 | $20,764,325 |
| KGD | Kula Gold Limited | -15% | -32% | -41% | 0.017 | $6,344,603 |
| GRL | Godolphin Resources | -15% | -39% | -56% | 0.051 | $6,036,842 |
| OM1 | Omnia Metals Group | -15% | 56% | 61% | 0.25 | $12,304,148 |
| GAL | Galileo Mining Ltd | -16% | -36% | -68% | 0.565 | $113,634,333 |
| DTM | Dart Mining NL | -16% | -22% | -35% | 0.043 | $6,891,489 |
| ETM | Energy Transition | -17% | -37% | -37% | 0.039 | $55,585,504 |
| STM | Sunstone Metals Ltd | -19% | -43% | -60% | 0.021 | $64,721,682 |
| HAS | Hastings Tech Met | -26% | -58% | -69% | 1.485 | $197,793,278 |
| MRD | Mount Ridley Mines | -33% | -60% | -71% | 0.002 | $23,354,649 |
| XTC | Xantippe Res Ltd | -33% | -40% | -70% | 0.003 | $34,440,299 |
