Tesla is on track for another record quarter, which should shush the naysayers for a minute or two.

A tie-up between VW and Ford – to work together on EVs and automation — looks close to being finalised and could be announced as early as July.

And Honda claims it already has over 31,000 reservations for the unreleased ‘e’ model; all from Europe.

Adorable.

Demand for EVs is strong, and yet automakers can’t get their hands on enough batteries.

Which is why VW and BMW Group were amongst a group of investors keen to finance  Europe’s first battery gigafactories in Sweden and Germany. VW alone will spend $1.47 billion on the Northvolt venture.

Lithium-ion’s supply chain issues, characteristic of fast growing industries, are far from being resolved. These ‘bottlenecks’ go all the way back to the lithium chemical production stage.

This is a very basic overview of the lithium-ion battery supply chain.

On Monday, producer Pilbara Minerals (ASX:PLS) told investors that spodumene concentrate sales would be “constrained” in June and July.

Underlying demand for battery-ready lithium chemicals remained strong, it says. The issue is delays in the construction, commissioning and build-out of chemical conversion capacity (producing lithium carbonate and lithium hydroxide) in China.

  • Scroll down for the recent performance of 200 ASX battery metal stocks >>>

Pilbara Minerals’ managing director Ken Brinsden said it was no secret that the spodumene supply market was experiencing “short-term challenges” as the big Chinese players slowly ramped up chemical conversion capacity to meet demand.

“We remain confident that the underlying fundamentals of the lithium market remain strong – as evidenced by the growing number of agreements being made by major car manufacturers further down the supply chain in both Chinese and global markets, to shore up lithium supply to meet their long-term EV production and energy storage market targets,” Brinsden says.

“Our strategy remains unchanged, and we will continue to work to expand the project as planned and diversify our supply chain to become a fully integrated participant in the lithium raw material and chemical supply chain.”

SMALL CAP SPOTLIGHT

Of the companies on our list, 81 lost ground, 60 were ahead and 50 were steady this week.

The lithium triangle strikes again

Marquee Resources (ASX:MQR) may have snagged itself a stake in an Argentinean lithium brine project – news which sent the stock up a whopping 221 per cent.

We shouldn’t be surprised though.

Every company that picks up ground in the lithium triangle – which accounts for half the world’s supply — seems to do well.

Just look at Lake Resources (ASX: LKE), BMG Resources (ASX:BMG) and Galan Lithium (ASX: GLN).

BMG’s share price, for example, has now run up 160 per cent since the start of February – and it’s all because of lithium in Chile.

For Marquee, the deal would see it get a 30 per cent project stake, with the other 70 per cent held by fellow ASX-lister Lithium Power International (ASX:LPI).

The project leases cover an area of 68 sq km in the Centenario Lithium Brine Salar, right in the centre of the lithium triangle – the place where small cap dreams are made.

 

Another week, another Celsius share price increase (for no reason)

Something is seriously going on over at cashed up shell company Celsius Resources (ASX:CLA), which was up another 49 per cent last week to 6.6c per share — the highest point since January this year.

As we’ve noted previously, Celsius essentially became a shell after it all but stopped evaluation work on its Opuwo cobalt project in Namibia due to the languishing cobalt price.

BUT, as per the company’s latest response to the ASX in May:

“The Company …  is evaluating additional opportunities since slowing work on the Opuwo cobalt project and will update the market in due course should any of these opportunities be advanced.”

Here’s a table of ASX battery metal stocks with exposure to lithium, cobalt, graphite, manganese and vanadium>>>

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

TickerNameShare Price [Jun 17 intraday]1 Week Total Return %1 Year Total Return % Market Cap
MQR MARQUEE RESOURCES 0.093221-61 $2,569,658.09
HGM HIGH GRADE METALS 0.00450-88 $1,564,900.24
CLA CELSIUS RESOURCES 0.04449-67 $30,347,785.10
PSM PENINSULA MINES 0.00333-60 $2,744,298.32
ENT ENTERPRISE METALS 0.00629-50 $1,941,633.43
SO4 SALT LAKE POTASH 0.5492539 $102,996,875.58
TKM TREK METALS 0.00325-75 $863,207.20
BSX BLACKSTONE MINERALS 0.06625-52 $7,768,800.89
INF INFINITY LITHIUM0.062237 $9,855,617.39
POW PROTEAN ENERGY 0.00822-69 $1,721,625.08
JRL JINDALEE RESOURCES 0.2922131 $8,463,485.97
SVM SOVEREIGN METALS 0.0822124 $28,549,681.52
VRC VOLT RESOURCES 0.016210 $22,126,178.83
MTH MITHRIL RESOURCES 0.00420-54 $1,459,354.65
GED GOLDEN DEEPS 0.02120-21 $2,960,602.91
FGR FIRST GRAPHENE 0.21317100 $81,871,519.02
PM1 PURE MINERALS 0.0141731 $5,045,170.55
NVA NOVA MINERALS 0.01417-38 $11,233,460.30
GWR GWR GROUP 0.09717-13 $24,525,275.50
BKT BLACK ROCK MINING 0.07217139 $44,507,718.09
TNO TANDO RESOURCES 0.05016-62 $11,036,671.80
MLM METALLICA MINERALS 0.01015-66 $3,582,668.04
MZZ MATADOR MINING0.18215-2 $11,128,554.75
EUC EUROPEAN COBALT 0.01615-63 $11,052,989.76
KTA KRAKATOA RESOURCES 0.01615-34 $1,867,427.46
RIE RIEDEL RESOURCES 0.00614-88 $2,311,089.18
ARU ARAFURA RESOURCES 0.0821432 $78,292,680.84
INR IONEER 0.11014-62 $163,074,172.16
MTC METALSTECH 0.01213-87 $1,212,226.97
ZNC ZENITH MINERALS 0.05212-58 $10,144,285.39
SI6 SIX SIGMA METALS 0.00411-62 $1,580,673.35
SVD SCANDIVANADIUM 0.00711-61 $2,431,394.70
TAR TARUGA MINERALS 0.02111-84 $2,731,303.72
ADN ANDROMEDA METALS 0.0081057 $9,366,499.27
VML VITAL METALS 0.0081010 $12,041,443.13
LTR LIONTOWN RESOURCES 0.07910286 $116,514,604.24
TNG TNG 0.07910-12 $83,219,499.67
MRR MINREX RESOURCES 0.0089-77 $795,018.11
ARE ARGONAUT RESOURCES0.0058-69 $6,444,462.10
CNB CARNABY RESOURCES 0.096822 $9,285,427.00
BEM BLACKEARTH MINERALS 0.0488-30 $4,045,640.11
RDS REDSTONE RESOURCES 0.0108-19 $4,585,130.74
RIO RIO TINTO 72.316738 $102,959,209,647.84
MIN MINERAL RESOURCES 10.3396-8 $1,905,449,727.40
THR THOR MINING0.0126-53 $10,161,340.65
FEL FE 0.0136-30 $5,684,600.51
LPI LITHIUM POWER INTERNATIONAL0.20650 $54,419,128.89
OMH OM HOLDINGS 0.5944-19 $451,694,019.85
VMC VENUS METALS0.08940 $7,372,870.33
CLQ CLEAN TEQ0.2063-74 $165,057,275.78
EME ENERGY METALS 0.1063-23 $23,182,586.52
CRL COMET RESOURCES 0.0223-20 $5,306,879.88
PLL PIEDMONT LITHIUM 0.1133-18 $74,117,249.86
EMH EUROPEAN METALS0.2403-3 $37,998,666.84
PLS PILBARA MINERALS 0.4843-21 $869,945,409.40
EUR EUROPEAN LITHIUM 0.0642-51 $36,700,990.98
S32 SOUTH32 2.2722-11 $11,169,917,239.42
BDC BARDOC GOLD 0.0382-41 $47,452,931.39
ASN ANSON RESOURCES 0.041243 $21,340,138.71
NZC NZURI COPPER 0.233136 $68,497,678.66
ESR ESTRELLA RESOURCES 0.0080-40 $4,031,443.17
A4N ALPHA HPA 0.089037 $50,942,591.88
KAI KAIROS MINERALS 0.0100-58 $8,833,808.07
CDT CASTLE MINERALS 0.0030-74 $773,215.08
KLH KALIA 0.0010-83 $1,737,414.08
AZI ALTA ZINC 0.0020-59 $3,776,247.89
CFE CAPE LAMBERT RESOURCES 0.0070-66 $7,047,700.94
BSM BASS METALS 0.0060-73 $17,474,610.17
ADV ARDIDEN 0.0020-80 $3,485,501.01
PIO PIONEER RESOURCES 0.0080-45 $11,457,938.55
MLS METALS AUSTRALIA 0.0010-60 $3,034,040.31
CMC CHINA MAGNESIUM0.014011 $6,390,900.62
OAR OAKDALE RESOURCES 0.0110-24 $2,303,576.80
AYR ALLOY RESOURCES 0.0010-67 $2,340,109.63
KDR KIDMAN RESOURCES 1.2940-6 $528,661,335.08
GPP GREENPOWER ENERGY 0.0010-60 $2,014,134.18
RNU RENASCOR RESOURCES 0.0140-19 $16,737,340.82
DHR DARK HORSE RESOURCES 0.0030-80 $5,461,903.31
CXO CORE LITHIUM 0.0290-9 $19,674,933.78
AEE AURA ENERGY 0.0080-48 $9,302,798.05
AUT AUTECO MINERALS 0.003025 $3,463,515.46
SYA SAYONA MINING 0.0080-74 $11,902,988.84
HMX HAMMER METALS 0.0170-7 $6,309,905.75
DGR DGR GLOBAL 0.076016 $44,489,409.35
BGS BIRIMIAN 0.0960-72 $24,674,824.48
HXG HEXAGON RESOURCES 0.0760-44 $21,170,343.43
ORN ORION MINERALS 0.0190-35 $37,376,404.77
AMD ARROW MINERALS 0.0070-50 $2,173,475.50
WCN WHITE CLIFF MINERALS 0.0030-92 $1,787,564.62
BDI BLINA MINERALS0.00100 $3,139,822.74
MEI METEORIC RESOURCES0.0160-26 $14,128,929.20
LML LINCOLN MINERALS 0.0040-74 $2,383,882.23
LCD LATITUDE CONSOLIDATED 0.0100-64 $2,471,932.90
TKL TRAKA RESOURCES 0.0090-68 $3,327,868.71
AUR AURIS MINERALS 0.0130-74 $5,083,178.31
HIG HIGHLANDS PACIFIC 0.0740-19
MZN MARINDI METALS 0.0020-77 $4,420,404.99
GBE GLOBE METALS AND MINING 0.011014 $5,151,237.66
CGM COUGAR METALS0.0010-80 $813,019.01
CGN CRATER GOLD MINING B103:B1050.0080-25 $10,178,395.23
CZN CORAZON MINING 0.0020-70 $2,862,167.54
SRN SUREFIRE RESOURCES0.0030-71 $1,390,716.59
JRV JERVOIS MINING 0.1650-21 $36,254,560.76
CNJ CONICO 0.0080-73 $2,430,649.45
GPX GRAPHEX MINING 0.1720-4 $15,531,626.01
KOR KORAB RESOURCES 0.0200-3 $5,806,036.85
POS POSEIDON NICKEL 0.02500 $69,392,064.82
FCC FIRST COBALT0.1070-74 $39,869,800.82
BAT BATTERY MINERALS 0.0130-46 $15,483,620.85
ORE OROCOBRE 2.1760-38 $580,430,744.37
GXY GALAXY RESOURCES 1.002-1-55 $417,211,948.68
CZI CASSINI RESOURCES 0.065-142 $26,701,731.97
JMS JUPITER MINES 0.233-121 $460,245,349.20
GME GME RESOURCES 0.042-2-54 $20,768,352.81
TON TRITON MINERALS 0.039-2-20 $34,595,223.80
SYR SYRAH RESOURCES 0.714-2-63 $255,888,129.23
BAU BAUXITE RESOURCES 0.033-2-16 $6,963,794.20
AXE ARCHER EXPLORATION 0.062-2-14 $12,343,809.52
TMT TECHNOLOGY METALS AUSTRALIA0.155-2-51 $12,402,485.09
NMT NEOMETALS 0.151-2-30 $80,815,532.84
DEG DE GREY MINING 0.060-2-55 $27,182,775.76
N27 NORTHERN COBALT 0.028-2-84 $1,779,566.64
AGY ARGOSY MINERALS 0.054-2-66 $55,380,658.13
HAV HAVILAH RESOURCES 0.096-3-33 $20,359,362.35
LPD LEPIDICO 0.019-4-26 $67,151,588.58
SRK STRIKE RESOURCES 0.033-4-14 $4,820,446.99
CHN CHALICE GOLD MINES 0.082-414 $21,182,836.71
ERX EXORE RESOURCES 0.049-458 $23,161,664.42
PGM PLATINA RESOURCES 0.032-4-43 $8,578,027.51
BPL BROKEN HILL PROSPECTING 0.014-5-81 $2,145,936.04
BAR BARRA RESOURCES 0.014-5-56 $8,192,216.66
AJM ALTURA MINING 0.072-5-70 $154,212,921.03
GLN GALAN LITHIUM 0.137-511 $18,320,846.06
DEV DEVEX RESOURCES 0.039-5-21 $5,056,586.90
VMS VENTURE MINERALS 0.013-5-26 $8,101,422.02
MNS MAGNIS ENERGY TECHNOLOGIES0.130-5-50 $78,124,568.83
VXR VENTUREX RESOURCES 0.120-5-3 $34,809,314.95
WKT WALKABOUT RESOURCES 0.240-5159 $75,359,728.64
E25 ELEMENT 25 0.120-5-30 $11,404,177.37
TLG TALGA RESOURCES 0.357-5-24 $80,870,978.68
PUR PURSUIT MINERALS 0.011-6-82 $1,973,798.10
MXR MAXIMUS RESOURCES 0.044-6-44 $1,563,724.85
PAN PANORAMIC RESOURCES 0.209-6-52 $120,895,223.52
PSCDA PROSPECT RESOURCES 0.104-6-64 $21,207,980.82
COB COBALT BLUE0.100-6-86 $14,501,568.91
KSN KINGSTON RESOURCES 0.010-7-36 $16,246,388.10
ARL ARDEA RESOURCES 0.268-7-58 $28,971,863.16
IEC INTRA ENERGY CORP 0.009-78 $3,482,924.96
RTR RUMBLE RESOURCES 0.034-7-23 $14,661,988.70
SGQ ST GEORGE MINING 0.082-8-14 $25,749,788.28
AUZ AUSTRALIAN MINES 0.017-8-75 $53,265,849.91
BUX BUXTON RESOURCES 0.079-8-23 $10,811,644.89
SUH SOUTHERN HEMISPHERE MINING0.022-9-46 $2,139,634.12
LI3 LITHIUM CONSOLIDATED 0.044-9-29 $4,016,517.57
IRC INTERMIN RESOURCES 0.072-9-40 $17,891,877.42
ANW AUS TIN MINING 0.007-9-33 $15,031,766.29
HWK HAWKSTONE MINING 0.014-918 $9,540,194.55
4CE FORCE COMMODITIES 0.007-9-83 $3,522,339.60
CZR COZIRON RESOURCES 0.007-9-44 $12,338,158.52
SEI SPECIALITY METALS0.019-1035 $12,787,043.17
IDA INDIANA RESOURCES 0.019-10-58 $2,050,788.80
CHK COHIBA MINERALS 0.006-1013 $4,133,235.76
SCI SILVER CITY MINERALS 0.006-10-77 $1,826,584.00
KNL KIBARAN RESOURCES 0.089-10-19 $27,297,147.31
AML AEON METALS 0.141-11-41 $97,669,144.08
RMX RED MOUNTAIN MINING 0.003-11-50 $2,150,493.53
BOA BOADICEA RESOURCES 0.103-1276 $6,207,722.05
AVL AUSTRALIAN VANADIUM 0.010-12-67 $21,822,816.02
BYH BRYAH RESOURCES 0.046-12-42 $3,217,784.47
ARM AURORA MINERALS 0.009-13-38 $1,133,147.38
NXE NEW ENERGY MINERALS 0.013-14-90 $2,189,643.69
NWC NEW WORLD COBALT 0.008-14-82 $6,402,451.38
PMY PACIFICO MINERALS 0.004-14-45 $11,188,486.56
DTM DART MINING0.004-14-25 $4,193,165.49
AOU AUROCH MINERALS 0.042-14-24 $4,166,876.75
WML WOOMERA MINING 0.019-15-76 $2,180,605.24
LKE LAKE RESOURCES0.050-16-30 $21,967,080.23
PNN PEPINNINI LITHIUM 0.002-17-87 $2,566,398.30
HNR HANNANS 0.007-17-38 $13,736,765.98
AVZ AVZ MINERALS 0.041-18-34 $88,505,428.44
OAU ORA GOLD 0.006-18-53 $4,018,070.24
CUL CULLEN RESOURCES 0.006-18-71 $1,053,901.78
CAZ CAZALY RESOURCES 0.017-19-52 $5,171,731.69
SBR SABRE RESOURCES 0.003-20-69 $1,124,874.99
MCT METALICITY 0.006-20-68 $3,451,807.50
RLC REEDY LAGOON0.003-20-64 $1,111,879.01
TRT TODD RIVER RESOURCES 0.028-20-57 $4,709,283.06
LIT LITHIUM AUSTRALIA0.043-21-45 $21,606,379.62
OKR OKAPI RESOURCES 0.069-23-71 $2,610,401.18
MTB MOUNT BURGESS MINING0.002-25-57 $657,665.32
LRS LATIN RESOURCES 0.001-33-85 $2,492,731.14