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

Global electric vehicle sales slowed in April after a record-breaking March. The EV Sales blog estimates 166,200 sales at an average market share of 2.1 per cent. Year-on-year sales growth is now at 52 per cent.

The sales data also shows that EV makers Tesla and BYD are playing in a completely different league to everyone else:

Source

In the US, research firm IHS Markit reckons demand for electric vehicles, including hybrids, could rise to 1.28 million by 2026 – and Tesla will continue to dominate.

More than 25 per cent of the growing market in 2026 will be all Tesla, IHS says.

The remaining brands will fight over the rest — about 392,000 units, for an average of just 11,900 cars per brand.

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

In battery metals news, major miner Glencore will supply cobalt to Umicore, which has just bought the Finland-based Kokkola cobalt refining and cathode precursor operations for about $US150m.

Benchmark Mineral Intelligence called Umicore’s move “yet another example of vertical integration in the lithium-ion battery supply chain.”

And it’s positive news for ASX listed cobalt players.

“Umicore’s decision to acquire Kokkola demonstrates the long-term outlook for cobalt remaining in lithium ion battery cathodes is strong, despite claims for some in the industry that it can be removed,” Benchmark said.

 


 

SMALL CAP SPOTLIGHT

It was a good week for battery metals — of the companies on our list, 61 lost ground, 65 were ahead and 65 were steady.

 

Lithium plays dominate the winner’s column this week, once again.

Chile, along with Bolivia and Argentina, form what is known as the “lithium triangle”, and together account for over half of the world’s lithium supply.

Lithium explorers that pick up ground in either Argentina or Chile seem to do well; for a while at least.

Just look at BMG Resources (ASX:BMG), which is up 425 per cent since early April, and Galan Lithium (ASX: GLN) which was a market darling before crashing back to earth in recent months.

Now it’s Lake Resources’ (ASX:LKE) time to shine. The stock was up 128 per cent over the past week after announcing strong results at its Cauchari Lithium Brine Project in Argentina.

The  results compare very favourably to those at adjoining major pre-development projects subject to multi-billion dollar transactions, says Lake managing director Steve Promnitz.

“With a major project under development in the adjoining leases, these results reaffirm Cauchari’s potential to become a highly valuable project for Lake Resources, adding to our portfolio of wholly owned projects located in the heart of the Lithium Triangle,” he says.

Fellow lithium brine play, Utah-focused Anson Resources (ASX:ASN), also surged after revealing it had produced battery grade lithium “of exceptional quality”.

The sample beats the specifications of Anson’s prospective offtake partners, the company says.

Lithium explorers AVZ Minerals (ASX:AVZ) and Latin Resources (ASX:LRS) were also up 37 per cent and 33 per cent respectively, on no news.

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:

 

CodeName1 Week Price Change %1 Year Price Change %Share Price [June 4] Market Cap
LKE LAKE RESOURCES128-130.105 $41,169,176.00
DEV DEVEX RESOURCES 42-60.07 $9,047,439.00
AVZ AVZ MINERALS 37-370.077 $187,222,272.00
MTB MOUNT BURGESS MINING33-500.004 $1,903,517.63
LRS LATIN RESOURCES 33-730.0015 $7,014,851.50
EME ENERGY METALS 33450.16 $33,549,330.00
ASN ANSON RESOURCES 31610.06 $36,544,860.00
NWC NEW WORLD COBALT 25-810.015 $11,581,859.00
AUT AUTECO MINERALS 25250.005 $5,012,323.50
MEI METEORIC RESOURCES 25-440.021 $17,780,066.00
SBR SABRE RESOURCES 25-670.005 $2,034,868.00
SVD SCANDIVANADIUM 25-610.01 $3,518,661.00
TON TRITON MINERALS 24-190.057 $57,482,552.00
SVM SOVEREIGN METALS 2400.105 $37,723,736.00
OAR OAKDALERESOURCES 23-300.016 $3,333,685.75
WKT WALKABOUT RESOURCES 211380.36 $120,090,712.00
ARU ARAFURA RESOURCES 20-110.08 $65,637,860.00
NVA NOVA MINERALS 20-470.019 $13,934,415.00
TAR TARUGA MINERALS 17-840.034 $4,940,853.50
CAZ CAZALY RESOURCES 15-520.031 $8,116,391.00
BSM BASS METALS 14-750.008 $22,478,996.00
JRL JINDALEE RESOURCES 14570.33 $11,548,276.00
SYR SYRAH RESOURCES 14-591.195 $442,656,416.00
CLA CELSIUS RESOURCES 11-810.038 $30,288,724.00
AUZ AUSTRALIAN MINES 11-680.03 $95,585,600.00
MQR MARQUEE RESOURCES11-890.04 $1,795,259.88
FGR FIRST GRAPHENE 10640.275 $118,186,768.00
GPX GRAPHEX MINING 10-80.28 $24,221,944.00
4CE FORCE COMMODITIES 10-810.011 $5,097,452.50
PIO PIONEER RESOURCES 9-430.011 $18,089,102.00
CXO CORE LITHIUM 9-60.048 $33,334,400.00
AEE AURA ENERGY 9-450.013 $14,541,609.00
BUX BUXTON RESOURCES 9-80.125 $16,326,652.00
GWR GWR GROUP 9-290.12 $30,422,092.00
AML AEON METALS 9-380.245 $168,267,424.00
BEM BLACKEARTH MINERALS9-520.063 $5,269,285.50
ESR ESTRELLA RESOURCES 8-380.012 $6,894,983.00
CNJ CONICO 8-720.013 $4,572,857.50
HNR HANNANS 8-130.013 $25,843,410.00
OKR OKAPI RESOURCES 8-670.13 $4,464,572.50
BYH BRYAH RESOURCES 8-390.079 $5,039,450.00
RDS REDSTONE RESOURCES 8-270.014 $6,635,500.50
PAN PANORAMIC RESOURCES 7-380.36 $205,027,632.00
CGN CRATER GOLD MINING 7-210.015 $18,412,438.00
LPD LEPIDICO 7-240.031 $102,176,888.00
GBE GLOBE METALS AND MINING 770.015 $6,988,835.50
SEI SPECIALITY METALS INTERNATIONAL7480.031 $19,781,344.00
IDA INDIANA RESOURCES 7-570.032 $3,391,836.00
THR THOR MINING7-580.016 $13,071,350.00
EUR EUROPEAN LITHIUM 5-490.096 $55,388,720.00
AUR AURIS MINERALS 5-760.02 $8,173,627.00
NZC NZURI COPPER 5280.34 $102,087,392.00
AGY ARGOSY MINERALS 4-760.072 $73,044,152.00
ERX EXORE RESOURCES 4520.074 $33,984,592.00
SRK STRIKE RESOURCES 4-140.05 $7,266,713.50
COB COBALT BLUE4-870.17 $18,631,878.00
HAV HAVILAH RESOURCES 3-260.145 $33,828,604.00
BGS BIRIMIAN 3-710.155 $40,999,068.00
PLL PIEDMONT LITHIUM 3-30.16 $110,612,760.00
FCC FIRST COBALT3-780.17 $61,421,196.00
E25 ELEMENT 25 3-240.19 $15,953,226.00
LI3 LITHIUM CONSOLIDATED 3-90.077 $6,993,303.50
CLQ CLEAN TEQ2-730.325 $205,276,560.00
BDC BARDOC GOLD 2-390.059 $72,351,744.00
INF INFINITY LITHIUM1-20.086 $16,354,715.00
MRR MINREX RESOURCES 0-760.012 $1,150,532.75
KLH KALIA 0-810.0015 $3,771,521.00
A4N ALPHA HPA 070.125 $70,887,504.00
PUR PURSUIT MINERALS 0-840.018 $3,213,492.00
EUC EUROPEAN COBALT 0-760.02 $15,233,947.00
BAU BAUXITE RESOURCES 0-180.049 $10,506,694.00
PSC PROSPECT RESOURCES 0-560.017 $34,783,956.00
KAI KAIROS MINERALS 0-600.015 $13,636,365.00
PM1 PURE MINERALS 0-60.016 $5,562,865.00
AZI ALTA ZINC 0-590.003 $5,464,903.00
BPL BROKEN HILL PROSPECTING 0-830.019 $2,809,784.50
CZI CASSINI RESOURCES 0450.097 $40,304,188.00
FEL FE 0-420.018 $7,716,503.50
PNN PEPINNINI LITHIUM 0-850.003 $3,714,035.25
IEC INTRA ENERGY080.014 $5,428,136.50
ARM AURORA MINERALS 0-630.021 $1,288,466.13
CFE CAPE LAMBERT RESOURCES 0-700.011 $10,199,278.00
MTH MITHRIL RESOURCES 0-610.006 $2,111,946.00
CMC CHINA MAGNESIUM0110.02 $9,248,771.00
TLG TALGA RESOURCES 0-290.57 $124,691,176.00
AOU AUROCH MINERALS 0-200.07 $7,035,248.00
HWK HAWKSTONE MINING 0-180.026 $18,638,586.00
CZN CORAZON MINING 0-700.003 $4,142,066.00
RTR RUMBLE RESOURCES 0-210.056 $20,832,716.00
NXE NEW ENERGY MINERALS 0-880.023 $3,470,595.25
GPP GREENPOWER ENERGY 0-710.0015 $3,379,490.75
GED GOLDEN DEEPS 0-360.027 $4,627,281.50
RIE RIEDEL RESOURCES 0-860.01 $4,180,697.00
BOA BOADICEA RESOURCES 01000.17 $8,983,679.00
AYR ALLOY RESOURCES 0-750.003 $3,386,555.25
ZNC ZENITH MINERALS 0-680.056 $12,978,490.00
SI6 SIX SIGMA METALS 0-550.005 $2,287,515.75
SCI SILVER CITY MINERALS 0-780.009 $2,643,392.25
TKM TREK METALS 0-800.004 $1,249,214.50
BAR BARRA RESOURCES 0-500.025 $12,933,378.00
SYA SAYONA MINING 0-780.012 $17,225,744.00
ORN ORION MINERALS 0-330.031 $62,103,692.00
WCN WHITE CLIFF MINERALS 0-940.005 $2,351,749.50
AXE ARCHER EXPLORATION 0-330.08 $15,704,343.00
VML VITAL METALS 0100.01 $19,168,724.00
VRC VOLT RESOURCES 0-390.017 $24,743,128.00
HIG HIGHLANDS PACIFIC 0-250.105 $114,737,056.00
MZN MARINDI METALS 0-770.003 $6,397,113.00
RLC REEDY LAGOON 0-550.005 $2,011,358.50
CHN CHALICE GOLD MINES 060.115 $30,655,336.00
BDI BLINA MINERALS0-330.001 $4,543,882.50
AJM ALTURA MINING 0-710.105 $223,173,552.00
CGM COUGAR METALS0-830.001 $1,176,583.25
LML LINCOLN MINERALS 0-750.006 $3,449,902.00
LCD LATITUDE CONSOLIDATED 0-560.014 $3,852,506.00
AVL AUSTRALIAN VANADIUM 0-560.018 $37,503,032.00
KOR KORAB RESOURCES 0-150.029 $9,024,766.00
POS POSEIDON NICKEL 000.037 $97,779,968.00
SGQ ST GEORGE MINING 0-110.12 $35,773,944.00
RMX RED MOUNTAIN MINING 0-560.004 $3,112,147.00
GME GME RESOURCES 0-630.052 $26,048,104.00
JRV JERVOIS MINING 0-310.24 $53,583,120.00
PMY PACIFICO MINERALS 0-540.006 $13,878,628.00
ARL ARDEA RESOURCES 0-560.425 $44,581,080.00
BSX BLACKSTONE MINERALS 0-680.075 $9,165,357.00
MTC METALSTECH 0-880.016 $1,871,262.25
TRT TODD RIVER RESOURCES 0-500.049 $7,420,964.00
LPI LITHIUM POWER0-120.26 $68,253,616.00
KTA KRAKATOA RESOURCES 0-290.02 $2,937,500.00
KDR KIDMAN RESOURCES 0-181.885 $761,019,136.00
OMH OM HOLDINGS -1-210.78 $557,660,608.00
JMS JUPITER MINES -1230.3525 $685,646,848.00
SO4 SALT LAKE POTASH -2-20.55 $113,861,320.00
NMT NEOMETALS -2-210.225 $125,114,080.00
PLS PILBARA MINERALS -3-230.68 $1,295,994,240.00
INR IONEER -3-640.16 $243,372,272.00
DEG DE GREY MINING -3-550.091 $39,353,488.00
GXY GALAXY RESOURCES -3-581.48 $614,013,504.00
KNL KIBARAN RESOURCES -3-70.14 $40,966,936.00
VMC VENUS METALS-4-170.135 $11,133,763.00
MNS MAGNIS ENERGY TECHNOLOGIES-5-490.205 $128,338,560.00
MXR MAXIMUS RESOURCES -5-460.062 $2,158,542.75
S32 SOUTH32 -5-123.23 $16,415,866,880.00
LIT LITHIUM AUSTRALIA-6-280.084 $39,767,868.00
WML WOOMERA MINING -6-750.033 $3,719,246.25
KSN KINGSTON RESOURCES -6-280.015 $22,631,414.00
MLM METALLICA MINERALS -6-690.015 $4,860,711.00
ORE OROCOBRE -6-463.09 $819,052,352.00
GLN GALAN LITHIUM -6100.22 $28,453,542.00
EMH EUROPEAN METALS -630.365 $53,524,412.00
BKT BLACK ROCK MINING -7920.093 $53,870,680.00
CNB CARNABY RESOURCES -700.13 $12,477,833.00
PGM PLATINA RESOURCES -8-400.049 $12,678,059.00
TKL TRAKA RESOURCES -8-730.012 $5,301,136.50
RIO RIO TINTO -83298.65 $140,302,745,600.00
VXR VENTUREX RESOURCES -8-100.175 $48,975,964.00
DGR DGR GLOBAL -8170.11 $67,450,008.00
TMT TECHNOLOGY METALS AUSTRALIA-8-530.225 $19,261,916.00
MIN MINERAL RESOURCES -9-2114.33 $2,676,642,560.00
TNG TNG -9-260.1025 $96,346,744.00
IRC INTERMIN RESOURCES -9-390.105 $23,538,846.00
ANW AUS TIN MINING -9-410.011 $21,493,226.00
ADN ANDROMEDA METALS -9250.009 $13,554,992.00
AMD ARROW MINERALS -9-570.011 $3,145,406.00
CZR COZIRON RESOURCES -9-380.01 $17,855,512.00
BAT BATTERY MINERALS -9-640.019 $26,361,830.00
RNU RENASCOR RESOURCES -10-320.019 $21,915,062.00
CRL COMET RESOURCES -10-400.028 $6,720,000.00
POW PROTEAN ENERGY -10-760.009 $2,802,935.25
N27 NORTHERN COBALT -11-850.041 $2,575,349.75
ENT ENTERPRISE METALS -11-650.008 $3,211,302.00
TNO TANDO RESOURCES -11-720.062 $13,629,465.00
DTM DART MINING NL-13-130.007 $7,079,633.00
HXG HEXAGON RESOURCES -13-500.1 $29,178,340.00
VMS VENTURE MINERALS -14-330.019 $12,375,544.00
PSM PENINSULA MINES -14-730.003 $2,978,616.25
ADV ARDIDEN -14-820.003 $5,044,140.50
HMX HAMMER METALS -14-250.027 $8,429,130.00
OAU ORA GOLD -15-450.011 $7,107,054.50
MZZ MATADOR MINING-16-250.24 $14,091,875.00
CDT CASTLE MINERALS -17-750.006 $1,118,979.88
CUL CULLEN RESOURCES -17-680.01 $1,694,648.25
LTR LIONTOWN RESOURCES -181910.098 $149,781,744.00
CHK COHIBA MINERALS -2000.009 $5,316,914.00
SRN SUREFIRE RESOURCES-20-690.004 $2,012,614.50
DHR DARK HORSE RESOURCES -20-820.004 $7,904,346.50
HGM HIGH GRADE METALS -20-920.004 $1,811,751.50
MCT METALICITY -22-730.007 $4,217,246.00
MLS METALS AUSTRALIA -25-730.001 $4,037,696.75
SUH SOUTHERN HEMISPHERE MINING-41-420.035 $3,096,431.50
ARE ARGONAUT RESOURCES-44-760.005 $7,771,903.00