High Voltage: Bone thrown – Macquarie reveals China’s lithium supply down, demand up
Mining
Mining
• New Macquarie report reveals latest info regarding all-important Chinese lithium supply-demand struggle
• Amid, and perhaps partly because of, the Chinese Lunar New Year celebrations, supply is down, demand is up
• Meanwhile, PLS, LTM and PMT get the Macquarie ‘outperform’ nod
“People say I don’t like China, I love China… China… China… China all the time” said the great big, red-faced, red-tied orange one.
It’s unclear how another (potential) Trump presidency might work out for markets – including the various battery metals. But let’s not get too far ahead of ourselves.
Speaking of China at least, if analysts/observers are right, perhaps the Middle Kingdom is set to do the lithium narrative a solid once more, even if only in the short-term.
Here’s one of those observers now – major broker and financial analyst Macquarie, which has issued a new research report that delves into the topic of China’s lithium supply and demand and how it’s affecting and likely to affect the global market imminently an into this year.
Before we also look at some of that info – some key things to note for those who are new around here.
Major battery metal lithium’s minerals pricings have tanked since the heady days of 2022, peaking in November that year.
We’ve mentioned recently that some observers believe there are signs a lithium price bottom could be in the process of forming, although, of course, this could be drawn out and there’s always a chance it goes lower depending on various macro factors.
China, for instance, has a dominant sway on the lithium prices courtesy of its major consumption of lithium for electric vehicle batteries but with its role as a major supplier, too.
There’s potentially good news here, though, as the Macquarie report suggests Chinese demand for lithium is on the increase as the superpower’s supply somewhat diminishes, while Chinese producers and suppliers break for lengthy Lunar New Year festivities.
And, on a surface-level take at least, that feeds the lithium price-bottoming narrative quite nicely, if indeed there’s to be some restocking required.
According to Macquarie, in January in China, lithium supply fell 2% month on month. And China’s “lithium salt inventory” – lithium carbonate and lithium hydroxide – fell 6% month on month in January, making it the first monthly decline since October 2023.
Surplus narrowed to 4.9 kilotonnes (kt) lithium carbonate equivalent (LCE) vs 7kt forecast. Macquarie expects the LCE surplus to narrow slightly again in February.
Meanwhile, the report reveals that cathode and electrolyte demand rose 7% month on month in January, which beat Macquarie’s +1% forecast.
As financial analyst Carl Capolingua summarised for Market Index in his analysis of the Macquarie report:
Current lithium prices are now “pressuring both marginal players and cost leaders”. In the near term, Macquarie believes behaviour by refiners and battery component/manufacturers in the period immediately after Chinese New year will be “will be the key drivers for lithium prices”.
In particular, they’ll be watching the data for EV sales and battery production plans very closely.
Macquarie’s lithium ASX stock picks are also doing the rounds, with all three here given an “outperform” rating from the broker.
Pilbara Minerals (ASX:PLS) is the Macquarie analysts’ preferred producer, with the “most unleveraged balance sheet” in the broker’s ASX lithium coverage. Price target: $4.50.
Arcadium Lithium (ASX:LTM) is predicted by Macquarie to have higher revenue performance than otherwise widely estimated, based on higher Livent division revenue from predicted recovering lithium prices in 2024. Price Target: $11.00.
Patriot Battery Metals (ASX:PMT) meanwhile is the broker’s key pick for ASX lithium explorers. Price target: $2.10.
Meanwhile IGO (ASX:IGO) and Mineral Resources (ASX:MIN) also get nods as a pair of lithium majors set to “deliver minimal unwanted surprises” to investors, according to a Macquarie note to clients.
Macquarie Group takes its bets on lithium majors IGO, Mineral Resources and Pilbara Minerals pic.twitter.com/ok8T3OaZkX
— Haplo (@HC_Haplo) February 13, 2024
… beyond the Macquarie analysis, regarding China and lithium.
Here’s the excellently named Dwayne Sparkes, a prospector who, judging by his X profile is attached to a small, private exploration outfit called Nichols Point Minerals:
Thought I'd share some of my recent research into the state of the current lithium market and give my updated thoughts.
Touching on lepidolite firstly. I keep reaching the same conclusion: lepidolite is a short term solution and is never going to be a legitimate source of… pic.twitter.com/z2QFaha2g0
— Dwayne Sparkes (@sparkes_dwayne) February 13, 2024
Sparkes has written a compelling, and long, post there – relating to the current state of the lithium market and China’s influence – reviewing its reliance on “short-term solution” lepidolite (as opposed to extraction from spodumene) as a reasonably large amount of its source for lithium.
• “Goldman Sachs’ are predicting that 462,000t of LCE will be produced internally from Chinese lepidolite in the year 2030. If this is to be met, the Chinese will roughly need 8 x 10Mtpa operations for just lepidolite!🤯 8 Greenbushes equivalents to be built in 5 years to just meet lepidolite outputs.🤦♂️”
• “If the 10/15Mtpa is correct, the Chinese are chewing through lepidolite at an insane rate in order to fill the supply demand gap. In my opinion, this gap gets insanely difficult to close as time goes on.”
• “EV sales grew by approximately 39% last year. I’m seeing numbers of around 1Mt of LCE demand for 2023. If we assume the same growth for this year of 39% for 2024, that’s an additional 390kt of LCE. Where is this additional 390kt coming from?
Sparkes also pointed out that the following ginormous lithium mines are expected to come online in 2024:
Kathleen Valley – 40ktpa of LCE.
Mount Holland – 94ktpa of LCE.
Pilbara P680 expansion – 13.3ktpa of LCE
Sigma – 37ktpa of LCE
Goulamina – 34ktpa of LCE
• “Should be noted that this is just additional supply for 2024,” he added. “Where does 2025 additional supply come from? The world isn’t building a Mount Holland, a Kathleen Valley, a Goulamina, etc. every year. These mines have been in construction for the past several years. Battery manufacturers who aren’t shoring up supply are going to get minced.”
The prospector concludes that due to the supply-demand dynamics, he believes a lithium price rebound is due later this year. Which is in line with analysis from another prominent lithium commentator – Joe Lowry.
Meanwhile, contango watcher Juan Carlos Zuleta thinks a short-term rebound for lithium prices is just around the CNY holiday corner…
Given the current tightness in the spot market, chances are #lithium prices will rebound following the CNY holiday. This is because february battery and EV sales (m-o-m, at least) are likely to increase, not fall.#lithium https://t.co/OMO6SAZDFg
— Juan Carlos Zuleta (@jczuleta) February 13, 2024
"And transitioning means that even our oil company, which used to be an oil company, became a hydrocarbon company. Now it’s becoming an energy company,” the Saudi minister said." https://t.co/37i9ZbAiro.
Isn't this amazing?#Lithium us about to rule the world.— Juan Carlos Zuleta (@jczuleta) February 13, 2024
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 5pm Feb 14.)
Stocks missing from this list? Email [email protected]
Code | Company | Price | % Week | % Month | % Year | Market Cap |
---|---|---|---|---|---|---|
PVW | PVW Res Ltd | 0.036 | -10% | -25% | -74% | $3,650,572 |
A8G | Australasian Metals | 0.105 | 0% | -25% | -45% | $5,733,254 |
INF | Infinity Lithium | 0.079 | 13% | -14% | -37% | $37,007,367 |
LPI | Lithium Pwr Int Ltd | 0.545 | -2% | -3% | 36% | $349,088,391 |
PSC | Prospect Res Ltd | 0.08 | 1% | -5% | -63% | $35,676,561 |
PAM | Pan Asia Metals | 0.16 | 0% | -3% | -56% | $26,850,684 |
CXO | Core Lithium | 0.205 | 14% | -2% | -80% | $395,333,076 |
LOT | Lotus Resources Ltd | 0.33 | -10% | 3% | 43% | $562,422,542 |
AGY | Argosy Minerals Ltd | 0.099 | 4% | -21% | -87% | $139,036,342 |
AZS | Azure Minerals | 3.62 | 0% | -2% | 1014% | $1,660,420,062 |
NWC | New World Resources | 0.037 | 0% | -18% | -34% | $88,471,190 |
QXR | Qx Resources Limited | 0.021 | 31% | -5% | -53% | $21,091,479 |
GSR | Greenstone Resources | 0.007 | 17% | -30% | -73% | $10,944,908 |
CAE | Cannindah Resources | 0.084 | 6% | -3% | -63% | $48,558,716 |
AZL | Arizona Lithium Ltd | 0.03 | 50% | 11% | -57% | $106,020,461 |
RIL | Redivium Limited | 0.005 | 0% | -17% | -69% | $13,654,274 |
COB | Cobalt Blue Ltd | 0.19 | 15% | -17% | -65% | $71,403,332 |
ESS | Essential Metals Ltd | 0 | -100% | -100% | -100% | $135,278,382 |
LPD | Lepidico Ltd | 0.006 | 0% | -14% | -63% | $53,468,156 |
MRD | Mount Ridley Mines | 0.0015 | 0% | -25% | -70% | $11,677,324 |
CZN | Corazon Ltd | 0.01 | 0% | -41% | -52% | $6,155,979 |
LKE | Lake Resources | 0.096 | 9% | -17% | -86% | $129,590,416 |
DEV | Devex Resources Ltd | 0.295 | 13% | -2% | 7% | $134,563,155 |
INR | Ioneer Ltd | 0.12 | -8% | -11% | -69% | $253,441,458 |
AVZ | AVZ Minerals Ltd | 0.78 | 0% | 0% | 0% | $2,752,409,203 |
MAN | Mandrake Res Ltd | 0.04 | 3% | 5% | -22% | $24,630,397 |
RLC | Reedy Lagoon Corp. | 0.005 | 25% | 0% | -43% | $3,097,704 |
GBR | Greatbould Resources | 0.06 | 2% | -5% | -31% | $36,519,920 |
FRS | Forrestaniaresources | 0.024 | 0% | -27% | -83% | $3,882,858 |
STK | Strickland Metals | 0.083 | -13% | -31% | 152% | $146,106,646 |
MLX | Metals X Limited | 0.32 | 14% | 16% | -7% | $290,325,141 |
CLA | Celsius Resource Ltd | 0.011 | 0% | -8% | -27% | $24,706,568 |
FGR | First Graphene Ltd | 0.061 | -3% | -6% | -39% | $40,196,055 |
HXG | Hexagon Energy | 0.014 | 17% | 17% | -22% | $7,180,823 |
TLG | Talga Group Ltd | 0.61 | 5% | -12% | -65% | $222,156,191 |
MNS | Magnis Energy Tech | 0.042 | 0% | 0% | -90% | $50,378,922 |
OZL | OZ Minerals | 0 | -100% | -100% | -100% | $8,918,404,433 |
PLL | Piedmont Lithium Inc | 0.21 | 14% | -38% | -78% | $88,735,955 |
EUR | European Lithium Ltd | 0.086 | 0% | -9% | 16% | $119,904,569 |
BKT | Black Rock Mining | 0.061 | -6% | -22% | -62% | $65,848,344 |
QEM | QEM Limited | 0.175 | -3% | -10% | -20% | $26,493,550 |
LYC | Lynas Rare Earths | 5.7 | -2% | -11% | -32% | $5,383,839,375 |
ESR | Estrella Res Ltd | 0.005 | 0% | 0% | -69% | $8,796,859 |
ARL | Ardea Resources Ltd | 0.405 | 3% | -11% | -40% | $84,717,273 |
GLN | Galan Lithium Ltd | 0.285 | -3% | -53% | -75% | $110,962,426 |
JLL | Jindalee Lithium Ltd | 0.81 | -15% | -18% | -69% | $54,441,105 |
VUL | Vulcan Energy | 2.03 | 1% | -6% | -69% | $344,146,016 |
SBR | Sabre Resources | 0.021 | 5% | -30% | -45% | $7,859,501 |
CHN | Chalice Mining Ltd | 1.08 | 23% | -16% | -83% | $388,963,304 |
VRC | Volt Resources Ltd | 0.005 | 0% | -29% | -58% | $20,650,533 |
NMT | Neometals Ltd | 0.155 | 24% | -23% | -81% | $102,743,902 |
AXN | Alliance Nickel Ltd | 0.04 | 33% | 0% | -58% | $31,211,103 |
PNN | Power Minerals Ltd | 0.155 | 3% | -18% | -68% | $13,543,296 |
IGO | IGO Limited | 6.95 | 3% | -14% | -52% | $5,270,583,978 |
GED | Golden Deeps | 0.04 | 8% | -9% | -62% | $4,851,939 |
ADV | Ardiden Ltd | 0.165 | -8% | -3% | -45% | $10,627,976 |
SRI | Sipa Resources Ltd | 0.022 | 0% | -12% | -21% | $5,019,479 |
NTU | Northern Min Ltd | 0.031 | 15% | 3% | -26% | $171,418,398 |
AXE | Archer Materials | 0.34 | 1% | -4% | -44% | $86,647,984 |
PGM | Platina Resources | 0.017 | -15% | -23% | -15% | $11,217,246 |
AAJ | Aruma Resources Ltd | 0.017 | -19% | -35% | -77% | $3,347,156 |
IXR | Ionic Rare Earths | 0.017 | -11% | -26% | -53% | $77,549,173 |
NIC | Nickel Industries | 0.64 | -6% | -2% | -40% | $2,785,776,422 |
EVG | Evion Group NL | 0.029 | -3% | -3% | -52% | $10,032,816 |
CWX | Carawine Resources | 0.096 | -17% | -9% | -11% | $24,793,172 |
PLS | Pilbara Min Ltd | 3.5 | 4% | -6% | -28% | $10,623,421,846 |
HAS | Hastings Tech Met | 0.62 | 10% | -16% | -81% | $76,326,325 |
BUX | Buxton Resources Ltd | 0.13 | 0% | -19% | -21% | $22,522,096 |
ARR | American Rare Earths | 0.3 | 131% | 88% | 20% | $149,551,805 |
SGQ | St George Min Ltd | 0.025 | 14% | -29% | -70% | $24,713,511 |
TKL | Traka Resources | 0.002 | 0% | 0% | -68% | $3,501,317 |
PAN | Panoramic Resources | 0.035 | 0% | 0% | -78% | $103,937,992 |
PRL | Province Resources | 0.041 | 0% | 0% | -25% | $48,441,219 |
IPT | Impact Minerals | 0.011 | -8% | -8% | 10% | $28,647,039 |
LIT | Lithium Australia | 0.029 | 0% | -6% | -37% | $35,443,558 |
AKE | Allkem Limited | 0 | -100% | -100% | -100% | $6,304,350,967 |
ARN | Aldoro Resources | 0.1 | 6% | 1% | -56% | $13,462,374 |
JRV | Jervois Global Ltd | 0.024 | -14% | -38% | -89% | $67,563,017 |
MCR | Mincor Resources NL | 0 | -100% | -100% | -100% | $751,215,521 |
SYR | Syrah Resources | 0.58 | 29% | 8% | -69% | $359,731,024 |
FBM | Future Battery | 0.06 | 15% | -12% | -3% | $28,822,823 |
ADD | Adavale Resource Ltd | 0.006 | -8% | -40% | -74% | $6,572,619 |
LTR | Liontown Resources | 1.055 | 17% | -29% | -25% | $2,508,062,221 |
CTM | Centaurus Metals Ltd | 0.295 | 2% | -37% | -74% | $145,983,002 |
VML | Vital Metals Limited | 0.005 | 25% | 0% | -78% | $23,580,268 |
BSX | Blackstone Ltd | 0.069 | 35% | 6% | -50% | $36,691,978 |
POS | Poseidon Nick Ltd | 0.007 | 0% | -30% | -82% | $25,994,743 |
CHR | Charger Metals | 0.135 | 4% | -16% | -66% | $10,451,734 |
AVL | Aust Vanadium Ltd | 0.017 | -6% | -15% | -47% | $154,703,007 |
AUZ | Australian Mines Ltd | 0.015 | 67% | 67% | -72% | $13,854,798 |
TMT | Technology Metals | 0.26 | 0% | 11% | -17% | $67,134,856 |
RXL | Rox Resources | 0.185 | 6% | 0% | 6% | $59,096,682 |
RNU | Renascor Res Ltd | 0.086 | 12% | -10% | -66% | $215,849,637 |
GL1 | Globallith | 0.46 | 2% | -36% | -78% | $117,119,385 |
BRB | Breaker Res NL | 0 | -100% | -100% | -100% | $158,126,031 |
ASN | Anson Resources Ltd | 0.08 | 4% | -30% | -61% | $99,078,072 |
SYA | Sayona Mining Ltd | 0.045 | 13% | -18% | -82% | $391,145,249 |
FFX | Firefinch Ltd | 0.2 | 0% | 0% | 0% | $236,569,315 |
EGR | Ecograf Limited | 0.13 | -10% | -7% | -43% | $59,024,136 |
ATM | Aneka Tambang | 1.1 | 0% | -7% | 0% | $1,434,014 |
TVN | Tivan Limited | 0.051 | -9% | -15% | -35% | $80,017,966 |
ALY | Alchemy Resource Ltd | 0.008 | -11% | -11% | -53% | $9,424,610 |
GAL | Galileo Mining Ltd | 0.24 | 14% | -2% | -71% | $42,489,359 |
BHP | BHP Group Limited | 45.95 | 0% | -4% | -4% | $234,784,026,934 |
LEL | Lithenergy | 0.34 | -1% | -35% | -62% | $31,933,100 |
MMC | Mitremining | 0.27 | 20% | 8% | -2% | $23,015,277 |
RMX | Red Mount Min Ltd | 0.002 | -33% | -33% | -67% | $5,347,152 |
GW1 | Greenwing Resources | 0.084 | -1% | -27% | -67% | $15,225,124 |
AQD | Ausquest Limited | 0.011 | 0% | -15% | -31% | $9,076,641 |
LML | Lincoln Minerals | 0.007 | 40% | 17% | -79% | $11,928,317 |
1MC | Morella Corporation | 0.004 | 14% | -27% | -69% | $24,715,198 |
REE | Rarex Limited | 0.019 | 19% | -27% | -67% | $13,667,731 |
MRC | Mineral Commodities | 0.028 | 8% | -18% | -53% | $26,580,760 |
PUR | Pursuit Minerals | 0.005 | 25% | -38% | -79% | $14,719,857 |
QPM | Queensland Pacific | 0.036 | 0% | -31% | -66% | $72,451,451 |
EMH | European Metals Hldg | 0.34 | 11% | 1% | -50% | $46,503,641 |
BMM | Balkanminingandmin | 0.071 | -1% | -29% | -84% | $5,683,241 |
PEK | Peak Rare Earths Ltd | 0.23 | 12% | -34% | -58% | $65,155,731 |
LEG | Legend Mining | 0.018 | 13% | 29% | -67% | $58,089,544 |
MOH | Moho Resources | 0.006 | -25% | -45% | -70% | $3,235,069 |
AML | Aeon Metals Ltd. | 0.007 | -22% | -22% | -76% | $7,674,804 |
G88 | Golden Mile Res Ltd | 0.013 | 8% | -28% | -36% | $5,757,120 |
WKT | Walkabout Resources | 0.12 | 0% | -8% | 9% | $87,263,989 |
TON | Triton Min Ltd | 0.017 | 0% | -23% | -58% | $24,982,283 |
AR3 | Austrare | 0.12 | -4% | -14% | -61% | $18,499,915 |
ARU | Arafura Rare Earths | 0.135 | 8% | -16% | -78% | $288,787,774 |
MIN | Mineral Resources. | 56.84 | 3% | -9% | -37% | $11,205,652,831 |
VMC | Venus Metals Cor Ltd | 0.1 | 0% | -2% | 27% | $18,024,225 |
S2R | S2 Resources | 0.145 | 0% | -6% | -3% | $65,664,409 |
CNJ | Conico Ltd | 0.003 | 0% | -40% | -73% | $4,710,285 |
VR8 | Vanadium Resources | 0.034 | -3% | -35% | -59% | $19,050,207 |
PVT | Pivotal Metals Ltd | 0.016 | -6% | -33% | -61% | $11,970,011 |
BOA | Boadicea Resources | 0.025 | -11% | -24% | -73% | $3,077,258 |
IPX | Iperionx Limited | 1.93 | 5% | 29% | 108% | $423,646,086 |
SLZ | Sultan Resources Ltd | 0.014 | -5% | -11% | -77% | $2,185,729 |
NKL | Nickelxltd | 0.044 | 13% | -6% | -39% | $3,336,976 |
NVA | Nova Minerals Ltd | 0.265 | -10% | -22% | -57% | $54,831,416 |
MLS | Metals Australia | 0.029 | -3% | -15% | -46% | $18,721,086 |
MQR | Marquee Resource Ltd | 0.018 | -5% | -33% | -38% | $8,267,688 |
MRR | Minrex Resources Ltd | 0.012 | 9% | -20% | -65% | $13,018,410 |
EVR | Ev Resources Ltd | 0.013 | 13% | -7% | -35% | $16,164,237 |
EFE | Eastern Resources | 0.008 | 0% | 0% | -56% | $9,935,572 |
CNB | Carnaby Resource Ltd | 0.57 | -11% | -26% | -51% | $97,707,802 |
BNR | Bulletin Res Ltd | 0.081 | -4% | -40% | -33% | $25,250,746 |
AX8 | Accelerate Resources | 0.026 | 18% | -21% | 0% | $16,469,226 |
AM7 | Arcadia Minerals | 0.062 | -7% | -11% | -74% | $6,761,106 |
AS2 | Askarimetalslimited | 0.082 | -15% | -52% | -86% | $6,703,718 |
BYH | Bryah Resources Ltd | 0.01 | 0% | -23% | -59% | $4,336,073 |
DTM | Dart Mining NL | 0.013 | 8% | -19% | -71% | $2,958,535 |
EMS | Eastern Metals | 0.04 | 21% | 11% | -49% | $3,297,050 |
FG1 | Flynngold | 0.052 | -5% | -9% | -43% | $8,699,468 |
GSM | Golden State Mining | 0.012 | 9% | -8% | -73% | $3,352,448 |
IMI | Infinitymining | 0.1 | 0% | -17% | -52% | $13,062,873 |
LRV | Larvottoresources | 0.066 | 0% | 0% | -53% | $15,652,815 |
LSR | Lodestar Minerals | 0.003 | 50% | -25% | -33% | $6,070,192 |
RAG | Ragnar Metals Ltd | 0.021 | 0% | -13% | 38% | $9,953,600 |
CTN | Catalina Resources | 0.005 | 0% | 25% | -50% | $4,953,948 |
TMB | Tambourahmetals | 0.084 | -2% | -24% | -20% | $7,464,632 |
TEM | Tempest Minerals | 0.007 | 0% | -22% | -71% | $3,633,871 |
EMC | Everest Metals Corp | 0.075 | -6% | -7% | -17% | $12,321,233 |
WML | Woomera Mining Ltd | 0.004 | -33% | -85% | -73% | $4,872,556 |
KZR | Kalamazoo Resources | 0.11 | 10% | -19% | -35% | $19,897,050 |
LMG | Latrobe Magnesium | 0.052 | -9% | -9% | -32% | $99,674,311 |
KOR | Korab Resources | 0.009 | 13% | -50% | -61% | $3,303,450 |
CMX | Chemxmaterials | 0.078 | 0% | -8% | -47% | $7,280,767 |
NC1 | Nicoresourceslimited | 0.175 | -15% | -42% | -69% | $18,018,095 |
GRE | Greentechmetals | 0.2 | -2% | -47% | 33% | $17,236,395 |
CMO | Cosmometalslimited | 0.05 | 0% | -23% | -67% | $3,284,833 |
FRB | Firebird Metals | 0.135 | 13% | 0% | -16% | $18,506,982 |
S32 | South32 Limited | 3.08 | -2% | -13% | -33% | $13,950,116,389 |
OMH | OM Holdings Limited | 0.46 | -2% | -7% | -45% | $352,478,128 |
JMS | Jupiter Mines. | 0.175 | -3% | 0% | -24% | $342,913,431 |
E25 | Element 25 Ltd | 0.26 | 6% | -25% | -66% | $56,557,887 |
EMN | Euromanganese | 0.075 | -10% | -14% | -72% | $16,962,418 |
KGD | Kula Gold Limited | 0.008 | 23% | -50% | -70% | $3,808,907 |
LRS | Latin Resources Ltd | 0.2 | 43% | -13% | 67% | $503,346,503 |
CRR | Critical Resources | 0.013 | -13% | -35% | -76% | $24,889,904 |
ENT | Enterprise Metals | 0.003 | -25% | -25% | -67% | $2,405,913 |
SCN | Scorpion Minerals | 0.02 | 0% | -33% | -73% | $8,189,124 |
GCM | Green Critical Min | 0.005 | 0% | -29% | -74% | $5,682,925 |
ENV | Enova Mining Limited | 0.028 | 4% | 40% | 133% | $19,227,880 |
RBX | Resource B | 0.055 | 0% | -25% | -58% | $4,547,647 |
AKN | Auking Mining Ltd | 0.031 | 7% | -35% | -66% | $7,140,965 |
RR1 | Reach Resources Ltd | 0.002 | -33% | -50% | -60% | $8,025,743 |
EMT | Emetals Limited | 0.005 | -17% | -29% | -55% | $5,100,000 |
PNT | Panthermetalsltd | 0.049 | 23% | -18% | -73% | $4,271,142 |
WIN | Widgienickellimited | 0.037 | -23% | -65% | -89% | $11,917,802 |
WMG | Western Mines | 0.18 | 0% | -12% | 9% | $11,911,646 |
AVW | Avira Resources Ltd | 0.002 | 0% | 0% | -33% | $4,267,580 |
CAI | Calidus Resources | 0.145 | -17% | -34% | -36% | $94,957,209 |
GT1 | Greentechnology | 0.125 | 4% | -43% | -84% | $38,250,252 |
KAI | Kairos Minerals Ltd | 0.013 | 0% | -7% | -38% | $34,071,858 |
MTM | MTM Critical Metals | 0.061 | -9% | -33% | -20% | $7,457,781 |
NWM | Norwest Minerals | 0.026 | 0% | -4% | -62% | $7,476,807 |
PGD | Peregrine Gold | 0.26 | -10% | -12% | -48% | $17,419,085 |
RAS | Ragusa Minerals Ltd | 0.026 | -7% | -32% | -76% | $3,564,970 |
RGL | Riversgold | 0.009 | 0% | -25% | -65% | $8,225,122 |
SRZ | Stellar Resources | 0.008 | 14% | 33% | -33% | $9,192,212 |
STM | Sunstone Metals Ltd | 0.011 | 10% | -15% | -68% | $38,507,167 |
ZNC | Zenith Minerals Ltd | 0.12 | 0% | -23% | -47% | $42,285,706 |
WC8 | Wildcat Resources | 0.5 | 15% | -19% | 1624% | $562,043,918 |
ASO | Aston Minerals Ltd | 0.02 | 5% | -5% | -78% | $22,016,093 |
THR | Thor Energy PLC | 0.026 | -19% | -24% | -57% | $5,387,392 |
YAR | Yari Minerals Ltd | 0.008 | 0% | -20% | -62% | $3,858,863 |
IG6 | Internationalgraphit | 0.14 | 4% | -3% | -47% | $12,903,276 |
LPM | Lithium Plus | 0.17 | 3% | -39% | -51% | $14,617,994 |
ODE | Odessa Minerals Ltd | 0.007 | 17% | -13% | -46% | $6,259,695 |
KOB | Kobaresourceslimited | 0.16 | 7% | 108% | 7% | $20,214,583 |
AZI | Altamin Limited | 0.046 | -8% | -23% | -38% | $21,064,754 |
FTL | Firetail Resources | 0.04 | -20% | -43% | -69% | $5,956,222 |
LNR | Lanthanein Resources | 0.006 | 20% | -40% | -74% | $7,738,871 |
CLZ | Classic Min Ltd | 0.001 | 0% | 0% | -83% | $12,357,085 |
NVX | Novonix Limited | 0.685 | 18% | 4% | -56% | $342,201,063 |
OCN | Oceanalithiumlimited | 0.057 | -8% | -37% | -84% | $2,974,208 |
SUM | Summitminerals | 0.076 | 0% | -20% | -51% | $3,574,285 |
DVP | Develop Global Ltd | 2.41 | 9% | -7% | -27% | $592,074,738 |
OD6 | Od6Metalsltd | 0.12 | 9% | 0% | -63% | $6,326,782 |
HRE | Heavy Rare Earths | 0.05 | 0% | -12% | -64% | $3,084,884 |
LIN | Lindian Resources | 0.13 | 4% | -19% | -38% | $155,509,502 |
PEK | Peak Rare Earths Ltd | 0.23 | 12% | -34% | -58% | $65,155,731 |
ILU | Iluka Resources | 6.98 | 1% | 3% | -36% | $3,012,048,375 |
ASM | Ausstratmaterials | 1.01 | 0% | -14% | -56% | $175,131,581 |
ETM | Energy Transition | 0.035 | 0% | -15% | -29% | $51,802,213 |
VMS | Venture Minerals | 0.013 | 44% | 63% | -46% | $30,940,182 |
IDA | Indiana Resources | 0.082 | 0% | -1% | 58% | $51,064,676 |
VTM | Victory Metals Ltd | 0.22 | 10% | 5% | 0% | $18,721,921 |
M2R | Miramar | 0.02 | 0% | -23% | -73% | $2,977,391 |
WCN | White Cliff Min Ltd | 0.014 | -13% | 40% | 27% | $20,037,890 |
TAR | Taruga Minerals | 0.009 | 13% | -18% | -50% | $6,354,241 |
ABX | ABX Group Limited | 0.072 | 3% | 1% | -55% | $17,502,822 |
MEK | Meeka Metals Limited | 0.036 | -3% | -5% | -25% | $44,449,522 |
RR1 | Reach Resources Ltd | 0.002 | -33% | -50% | -60% | $8,025,743 |
DRE | Dreadnought Resources Ltd | 0.021 | 24% | -19% | -78% | $76,539,605 |
KFM | Kingfisher Mining | 0.086 | -13% | -39% | -75% | $4,565,775 |
AOA | Ausmon Resorces | 0.003 | 50% | 0% | -45% | $3,176,998 |
WC1 | Westcobarmetals | 0.053 | 26% | -27% | -66% | $6,402,418 |
GRL | Godolphin Resources | 0.04 | 3% | -5% | -51% | $6,769,681 |
DM1 | Desert Metals | 0.028 | -10% | -46% | -84% | $7,697,345 |
PTR | Petratherm Ltd | 0.025 | -7% | -32% | -64% | $5,618,778 |
ITM | Itech Minerals Ltd | 0.087 | 1% | -10% | -73% | $10,874,337 |
KTA | Krakatoa Resources | 0.017 | -6% | -37% | -61% | $8,025,823 |
M24 | Mamba Exploration | 0.031 | -40% | -37% | -84% | $5,890,633 |
LNR | Lanthanein Resources | 0.006 | 20% | -40% | -74% | $7,738,871 |
TKM | Trek Metals Ltd | 0.041 | 32% | 8% | -39% | $21,549,228 |
BCA | Black Canyon Limited | 0.11 | -8% | -19% | -55% | $7,715,561 |
CDT | Castle Minerals | 0.007 | 0% | -13% | -71% | $8,571,451 |
DLI | Delta Lithium | 0.275 | 2% | -14% | -41% | $199,309,500 |
A11 | Atlantic Lithium | 0.39 | 5% | -5% | -40% | $240,377,550 |
KNI | Kunikolimited | 0.205 | -2% | -24% | -60% | $18,153,296 |
CY5 | Cygnus Metals Ltd | 0.07 | 6% | -40% | -85% | $22,158,495 |
WR1 | Winsome Resources | 0.6 | 9% | -25% | -70% | $113,517,105 |
LLI | Loyal Lithium Ltd | 0.235 | 9% | -34% | -43% | $19,988,957 |
BC8 | Black Cat Syndicate | 0.205 | -2% | -13% | -47% | $62,726,234 |
BUR | Burleyminerals | 0.07 | -20% | -53% | -79% | $7,747,257 |
PBL | Parabellumresources | 0.066 | -21% | 14% | -83% | $4,111,800 |
L1M | Lightning Minerals | 0.07 | -5% | -33% | -68% | $2,955,754 |
WA1 | Wa1Resourcesltd | 10.8 | 9% | -9% | 700% | $620,110,640 |
EV1 | Evolutionenergy | 0.11 | 5% | -12% | -61% | $25,889,286 |
1AE | Auroraenergymetals | 0.155 | 0% | 19% | 7% | $24,677,074 |
RVT | Richmond Vanadium | 0.35 | -8% | 35% | 6% | $30,172,732 |
PMT | Patriotbatterymetals | 0.765 | 16% | -15% | -55% | $438,607,393 |
PAT | Patriot Lithium | 0.11 | -4% | -31% | -73% | $8,005,970 |
BM8 | Battery Age Minerals | 0.14 | 0% | -33% | -74% | $12,846,445 |
OM1 | Omnia Metals Group | 0.078 | 0% | 0% | -59% | $3,786,192 |
VHM | Vhmlimited | 0.635 | 6% | 0% | -35% | $93,119,256 |
LLL | Leolithiumlimited | 0.505 | 0% | 0% | -15% | $498,553,663 |
SRN | Surefire Rescs NL | 0.012 | 0% | 33% | -17% | $21,594,736 |
SRL | Sunrise | 0.41 | 22% | -11% | -77% | $34,737,587 |
SYR | Syrah Resources | 0.58 | 29% | 8% | -69% | $359,731,024 |
EG1 | Evergreenlithium | 0.1 | 1% | -39% | 0% | $5,229,390 |
WSR | Westar Resources | 0.02 | 11% | 0% | -64% | $3,521,793 |
LU7 | Lithium Universe Ltd | 0.023 | 0% | -21% | -43% | $8,547,482 |
MEI | Meteoric Resources | 0.18 | 13% | -27% | 38% | $358,221,572 |
REC | Rechargemetals | 0.068 | 3% | -27% | -48% | $8,796,806 |
SLM | Solismineralsltd | 0.115 | -4% | -18% | -12% | $9,418,650 |
DYM | Dynamicmetalslimited | 0.175 | 9% | -3% | -3% | $6,300,000 |
TOR | Torque Met | 0.19 | -7% | -16% | 15% | $29,080,169 |
ICL | Iceni Gold | 0.034 | -13% | -51% | -68% | $9,615,881 |
TMX | Terrain Minerals | 0.005 | 25% | -17% | -17% | $7,158,353 |
MHC | Manhattan Corp Ltd | 0.003 | -14% | -25% | -50% | $8,810,939 |
MHK | Metalhawk. | 0.072 | -11% | -37% | -49% | $7,157,840 |
ANX | Anax Metals Ltd | 0.02 | -5% | -26% | -70% | $10,306,511 |
FIN | FIN Resources Ltd | 0.016 | -6% | -24% | 0% | $10,388,299 |
LM1 | Leeuwin Metals Ltd | 0.091 | -1% | -35% | 0% | $4,263,502 |
HAW | Hawthorn Resources | 0.083 | -9% | -17% | -13% | $27,806,296 |
LCY | Legacy Iron Ore | 0.016 | 7% | -6% | 0% | $102,509,219 |
RON | Roninresourcesltd | 0.115 | -4% | -30% | -30% | $4,419,001 |
ASR | Asra Minerals Ltd | 0.006 | 0% | -14% | -57% | $11,455,470 |
PFE | Panteraminerals | 0.052 | -5% | 2% | -57% | $6,896,373 |
KM1 | Kalimetalslimited | 0.42 | 8% | -31% | 0% | $32,827,101 |