Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium.

 

INDUSTRY FOCUS

Coming to grips with the EV story can be difficult when every analyst’s projection goes out to 2030 or 2050.

For punters that can feel like an eternity.

But here’s something a little more near term: new data predicts that 2020/2021 is likely the tipping point where “timid growth” ends and EVs become mainstream in Europe.

In other words, about the same time Taika Waititi’s new Thor film is released or Elon Musk’s SpaceX lands on the moon.

 

It means the number of EV models on the European market will more than triple within the next three years, the new analysis by IHS Markit shows.

EU carmakers will be offering 214 electric models in 2021 – up from the 60 available at the end of 2018.

This will include 92 fully electric and 118 plug-in hybrid models.

If everything goes according to plan (and it never does), 22 per cent of vehicles rolling off the production line could have a plug by 2022.

These near-term forecasts also show EV manufacturing steadily replacing diesel engine manufacturing across Europe, with the biggest production centres set to be in Western Europe – Germany, France, Spain and Italy.

Slovakia, Czech Republic and Hungary will also be significant production centres.

There’s already 16 large-scale lithium-ion battery cell plants confirmed or likely to come online in Europe by 2023, according to Benchmark Mineral Intelligence data.

Lithium-ion battery manufacturing in the EU (Source: Benchmark Minerals’ Lithium ion Battery Megafactory Assessment, February 2019)

This is enough to cover the estimated 130 GWh that will be needed by EVs and stationary storage batteries across Europe in 2023.

NGO Transport & Environment (T&E), which published the data, says Europe is about to see a wave of new, longer range, and more affordable electric cars hit the market.

“That is good news, but the job is not yet done,” Lucien Mathieu, transport and emobility analyst at T&E, says.

“We need governments to help roll out EV charging at home and at work, and we need changes to car taxation to make electric cars even more attractive than polluting diesels, petrols, or poor plug-in hybrid vehicles.”

SMALL CAP SPOTLIGHT

Of the companies on our list, 45 lost ground, 65 were ahead and 42 were steady this week.

Liontown Resources (ASX:LTR) +30%

Liontown has been hard rock lithium’s beacon of hope.

In late April the stock was worth a touch over 2c. Now it’s over 16.5c – an impressive gain of +530 per cent over the past few months.

In early July, the explorer significantly boosted the resource at its flagship Kathleen Valley project. But this week it’s all about the emerging high-grade Buldania project in WA’s Norseman region, which is 1.4km long and growing.

Liontown is currently working toward a maiden mineral resource estimate for Buldania’s Anna prospect, which means most of the drilling has focused on this one particular area.

But the explorer also punched a couple of holes into a fresh target about 5km away, which returned stellar results like 6m at 1.5 per cent lithium oxide from 54m.

Pioneer Resources (ASX:PIO) +33%

Liontown isn’t the only Norseman-based lithium play getting investor love.

Three weeks ago, Pioneer Resources discovered a new spodumene target area – rocks known to contain lithium. Initial rock chip samples have now confirmed high grade lithium up to 3.70 per cent.

Drilling will kick off next month.

Bass Metals (ASX:BSM) +25%

And tiny graphite producer Bass Metals has achieved record graphite production, sales and revenue from its Graphmada mine in the June quarter.

A record $638,000 for the June quarter continues the quarter-by-quarter doubling of revenue since Bass re-commissioned Graphmada.

Bass anticipates that sales of concentrate are likely to exceed 1000 tonnes for the September quarter, representing growth of about 30 per cent on sales over the June quarter:

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:

Ticker Name Price [Mon July 22 intraday] 1 Week Return % 1 Year Return % Market Cap
KSN KINGSTON RESOURCES 0.019 38 -24 $25,078,844.00
RIE RIEDEL RESOURCES 0.012 33 -80 $5,016,836.50
PNN PEPINNINI LITHIUM 0.004 33 -74 $3,714,035.25
PIO PIONEER RESOURCES 0.016 33 -20 $24,118,802.00
SRN SUREFIRE RESOURCES 0.005 33 -67 $2,012,614.50
LTR LIONTOWN RESOURCES 0.145 30 460 $215,513,936.00
CUL CULLEN RESOURCES 0.013 30 -37 $2,203,042.75
SRK STRIKE RESOURCES 0.063 27 0 $9,010,725.00
IDA INDIANA RESOURCES 0.029 26 -48 $3,317,856.50
KTA KRAKATOA RESOURCES 0.025 25 -4 $2,970,000.00
BSM BASS METALS 0.009 25 -64 $25,288,872.00
CZN CORAZON MINING 0.002 25 -69 $4,076,721.50
RLC REEDY LAGOON 0.005 25 -64 $2,011,358.50
BEM BLACKEARTH MINERALS 0.077 25 -34 $5,652,204.00
MTC METALSTECH 0.016 23 -85 $1,871,262.25
FGR FIRST GRAPHENE 0.265 23 38 $111,689,800.00
MEI METEORIC RESOURCES 0.026 22 -10 $23,114,086.00
ARL ARDEA RESOURCES 0.48 20 -44 $46,173,260.00
AMD ARROW MINERALS 0.012 20 -43 $3,343,865.50
NXE NEW ENERGY MINERALS 0.023 20 -87 $3,621,490.50
EMH EUROPEAN METALS 0.44 18 17 $65,255,792.00
AGY ARGOSY MINERALS 0.095 17 -54 $85,218,176.00
EUC EUROPEAN COBALT 0.021 17 -62 $15,233,947.00
CHK COHIBA MINERALS 0.016 17 75 $8,639,985.00
POS POSEIDON NICKEL 0.043 16 0 $116,278,880.00
BYH BRYAH RESOURCES 0.081 16 -38 $5,167,031.00
MZZ MATADOR MINING 0.33 14 3 $32,539,376.00
IRC INTERMIN RESOURCES 0.14 13 -24 $51,357,024.00
4CE FORCE COMMODITIES 0.02 11 -64 $9,731,500.00
SVD SCANDIVANADIUM 0.01 11 -61 $3,166,795.00
PAN PANORAMIC RESOURCES 0.355 11 -36 $188,218,048.00
LPI LITHIUM POWER INTERNATIONAL 0.35 11 19 $87,942,160.00
TNO TANDO RESOURCES 0.073 10 -53 $15,972,029.00
NVA NOVA MINERALS 0.022 10 -29 $17,580,952.00
INF INFINITY LITHIUM 0.079 10 -6 $15,784,261.00
BSX BLACKSTONE MINERALS 0.12 9 -25 $18,354,572.00
LI3 LITHIUM CONSOLIDATED 0.06 9 -54 $5,659,327.50
GME GME RESOURCES 0.054 8 -60 $26,830,874.00
TAR TARUGA MINERALS 0.028 8 -86 $3,952,682.75
OMH OM HOLDINGS 0.86 8 -28 $601,978,048.00
SYR SYRAH RESOURCES 1.0075 7 -64 $417,508,128.00
BOA BOADICEA RESOURCES 0.15 7 76 $8,455,228.00
WML WOOMERA MINING 0.03 7 -71 $3,268,428.50
AVL AUSTRALIAN VANADIUM 0.014 7 -68 $29,607,656.00
ASN ANSON RESOURCES 0.047 7 -62 $24,748,280.00
FEL FE 0.017 6 -19 $7,312,559.00
DGR DGR GLOBAL 0.105 6 17 $64,384,096.00
DEV DEVEX RESOURCES 0.053 6 -26 $7,051,680.50
JMS JUPITER MINES 0.37 6 17 $724,826,688.00
MLM METALLICA MINERALS 0.019 6 -49 $6,156,901.00
PSC PROSPECT RESOURCES 0.19 6 -32 $41,291,556.00
ZNC ZENITH MINERALS 0.078 5 -53 $16,169,922.00
GBE GLOBE METALS AND MINING 0.02 5 33 $8,852,525.00
HWK HAWKSTONE MINING 0.02 5 -39 $12,425,724.00
BPL BROKEN HILL PROSPECTING 0.021 5 -74 $3,105,551.50
AXE ARCHER EXPLORATION 0.115 5 5 $21,680,096.00
HAV HAVILAH RESOURCES 0.145 4 -37 $33,828,604.00
CHN CHALICE GOLD MINES 0.155 4 21 $41,110,220.00
KOR KORAB RESOURCES 0.03 3 0 $9,198,785.00
E25 ELEMENT 25 0.18 3 -8 $17,002,846.00
CLQ CLEAN TEQ 0.38 3 -46 $272,457,984.00
MNS MAGNIS ENERGY TECHNOLOGIES 0.23 2 -37 $134,449,920.00
GXY GALAXY RESOURCES 1.36 2 -57 $526,004,896.00
NZC NZURI COPPER 0.33 2 35 $97,648,816.00
ORE OROCOBRE 2.83 1 -46 $709,147,584.00
KDR KIDMAN RESOURCES 1.9 0 21 $767,091,072.00
HGM HIGH GRADE METALS 0.008 0 -80 $3,623,503.00
INR IONEER 0.185 0 -47 $265,497,024.00
CGM COUGAR METALS 0.001 0 -80 $1,176,583.25
LML LINCOLN MINERALS 0.005 0 -78 $3,449,902.00
SBR SABRE RESOURCES 0.004 0 -71 $1,627,894.38
LCD LATITUDE CONSOLIDATED 0.015 0 -52 $4,127,685.00
AEE AURA ENERGY 0.012 0 -50 $13,696,622.00
LRS LATIN RESOURCES 0.001 0 -86 $3,892,466.50
BDI BLINA MINERALS 0.001 0 0 $4,543,882.50
PLL PIEDMONT LITHIUM 0.14 0 -24 $114,153,248.00
BAR BARRA RESOURCES 0.022 0 -48 $11,855,596.00
AJM ALTURA MINING 0.11 0 -67 $223,173,552.00
DTM DART MINING 0.005 0 -44 $5,056,880.50
CZR COZIRON RESOURCES 0.011 0 -40 $16,069,961.00
BUX BUXTON RESOURCES 0.115 0 -33 $14,966,098.00
SEI SPECIALITY METALS INTERNATIONAL 0.03 0 55 $26,816,424.00
AUZ AUSTRALIAN MINES 0.02 0 -76 $64,751,536.00
KAI KAIROS MINERALS 0.015 0 -53 $12,784,093.00
AZI ALTA ZINC 0.003 0 -45 $5,464,903.00
PUR PURSUIT MINERALS 0.009 0 -90 $2,676,328.00
PSM PENINSULA MINES 0.003 0 -70 $3,038,616.25
MTH MITHRIL RESOURCES 0.005 0 -58 $2,111,946.00
MTB MOUNT BURGESS MINING 0.002 0 -71 $970,258.81
NWC NEW WORLD COBALT 0.013 0 -76 $10,037,611.00
CMC CHINA MAGNESIUM 0.011 0 -35 $5,086,824.00
LIT LITHIUM AUSTRALIA 0.053 0 -55 $27,719,296.00
GLN GALAN LITHIUM 0.17 0 -52 $21,986,828.00
AYR ALLOY RESOURCES 0.002 0 -71 $3,386,555.25
DHR DARK HORSE RESOURCES 0.004 0 -76 $8,098,486.50
CXO CORE LITHIUM 0.041 0 -7 $31,477,666.00
GED GOLDEN DEEPS 0.029 0 -37 $6,150,343.00
KNL KIBARAN RESOURCES 0.12 0 -20 $35,114,516.00
HNR HANNANS 0.011 0 -27 $21,867,500.00
BAT BATTERY MINERALS 0.015 0 -58 $18,453,282.00
CNJ CONICO 0.01 0 -66 $3,517,582.50
N27 NORTHERN COBALT 0.036 0 -81 $2,376,353.00
RMX RED MOUNTAIN MINING 0.004 0 -43 $3,112,147.00
TNG TNG 0.1 0 -13 $107,474,280.00
TKL TRAKA RESOURCES 0.015 0 -58 $5,556,944.50
MCT METALICITY 0.009 0 -59 $4,995,380.00
MZN MARINDI METALS 0.001 0 -90 $2,248,371.00
MIN MINERAL RESOURCES 15.38 -1 -6 $2,772,572,928.00
SO4 SALT LAKE POTASH 0.74 -1 37 $183,853,392.00
TMT TECHNOLOGY METALS AUSTRALIA 0.21 -2 -68 $19,261,916.00
NMT NEOMETALS 0.205 -2 -24 $108,887,640.00
AML AEON METALS 0.2 -2 -37 $137,979,296.00
JRV JERVOIS MINING 0.21 -3 -37 $55,981,184.00
PLS PILBARA MINERALS 0.485 -3 -54 $870,167,616.00
CRL COMET RESOURCES 0.029 -3 -31 $8,047,500.00
COB COBALT BLUE 0.145 -3 -76 $21,735,866.00
LPD LEPIDICO 0.026 -4 -23 $109,622,048.00
CAZ CAZALY RESOURCES 0.022 -4 -46 $6,332,967.50
VRC VOLT RESOURCES 0.021 -5 5 $31,002,802.00
HXG HEXAGON RESOURCES 0.095 -5 -51 $27,719,422.00
TON TRITON MINERALS 0.056 -5 -10 $49,138,320.00
PM1 PURE MINERALS 0.018 -6 21 $7,388,180.00
TLG TALGA RESOURCES 0.43 -6 -28 $89,102,616.00
CLA CELSIUS RESOURCES 0.031 -6 -75 $21,959,324.00
MLL MALI LITHIUM 0.15 -6 -66 $39,676,516.00
VMC VENUS METALS 0.145 -6 5 $16,418,547.00
BKT BLACK ROCK MINING 0.077 -7 82 $46,844,068.00
IEC INTRA ENERGY 0.013 -7 18 $5,040,412.50
SVM SOVEREIGN METALS 0.125 -8 32 $44,909,208.00
JRL JINDALEE RESOURCES 0.37 -9 17 $12,265,669.00
CFE CAPE LAMBERT RESOURCES 0.011 -9 -70 $10,199,278.00
ARE ARGONAUT RESOURCES 0.005 -9 -76 $7,771,903.00
GPX GRAPHEX MINING 0.215 -10 -4 $21,154,850.00
RNU RENASCOR RESOURCES 0.017 -11 -15 $20,761,638.00
WKT WALKABOUT RESOURCES 0.31 -11 224 $120,382,904.00
SI6 SIX SIGMA METALS 0.004 -11 -71 $2,247,512.50
POW PROTEAN ENERGY 0.008 -11 -74 $2,491,498.00
HIP HIPO RESOURCES 0.008 -11 -62 $3,092,083.75
MQR MARQUEE RESOURCES 0.11 -11 -60 $5,441,888.00
AVZ AVZ MINERALS 0.047 -12 -62 $105,990,832.00
VML VITAL METALS 0.011 -12 28 $20,911,336.00
PGM PLATINA RESOURCES 0.043 -12 -52 $11,093,302.00
SYA SAYONA MINING 0.007 -13 -85 $12,058,020.00
THR THOR MINING 0.013 -13 -69 $9,859,762.00
MRR MINREX RESOURCES 0.01 -17 -76 $958,777.25
SUH SOUTHERN HEMISPHERE MINING 0.032 -20 -47 $2,831,023.00
WCN WHITE CLIFF MINERALS 0.005 -20 -94 $1,881,399.50
ANW AUS TIN MINING 0.007 -22 -50 $15,227,549.00
ADV ARDIDEN 0.004 -25 -75 $5,071,560.50
MLS METALS AUSTRALIA 0.002 -25 -75 $4,390,796.50
LKE LAKE RESOURCES 0.063 -28 -44 $31,085,468.00
GPP GREENPOWER ENERGY 0.002 -50 -82 $1,943,207.13