Each week our new High Voltage column wraps the big news driving battery metal stocks.

We also track a list of ASX 200 battery metals stocks including explorers with exposure to lithium, cobalt, graphite, manganese and vanadium — stocks that are used in energy storage and generally driven by battery news, even if their main application is not yet battery storage.

>> Scroll down for a list of 200 ASX battery metal stocks with exposure to lithium, cobalt, graphite, manganese and vanadium

News flow

Cobalt junior Celsius (ASX:CLA) didn’t make any big announcements this week, but managing director Brendan Borg has been presenting on the Benchmark Minerals Intelligence battery metals roadshow in Perth, Melbourne and Sydney.

Looks like Mr Borg did a convincing job explaining the benefits of the company’s Opuwo cobalt project in Namibia, because the share price jumped almost 50 per cent over the past eight days (Sep 12-20) to 14.5c — its highest point since mid-July.

Australian Vanadium (ASX:AVL) shares gained 19 per cent to 5.1c over the same period — and the stock is now up 264 per cent over the past year.

Australian Vanadium is fast-tracking its Gabanintha vanadium deposit in Western Australia into production amid robust pricing for the emerging battery metal.

The price of vanadium has been steadily rising since the start of the year:

Vanadium Prices are nearly 10 times higher than 2016.
Vanadium Prices are nearly 10 times higher than 2016.

Another notable mover was Argentina-focused Galan Lithium (ASX:GLN) which gained 22 per cent for the past week to 27.5c. In the last 12 months Galan has enjoyed share price growth of 358 per cent.

Former ruby miner, now graphite and vanadium explorer Mustang Resources (ASX:MUS) also gained 22 per cent to 1.1c. It’s still down a long way from its ruby days though.

Mustang is now focused on the development of the Caula vanadium-graphite project in Northern Mozambique, which neighbours the world’s largest graphite resource at Syrah Resources’ (ASX:SYR) Balama Project.

In contrast, lithium developer Kidman (ASX:KDR) has lost 15 per cent since September 12.

A Perth court recommended the lithium miner pay more than $100,000 to make up a shortfall on a minimum expenditure for a mining tenement.

Its shares are sitting at just over $1.08, down from a high of $1.26 on September 12.

Industry News

If aspiring miners like Australian Vanadium or Technology Metals Australia (ASX:TMT) start producing, vanadium could have its own “Elon Musk moment” as it advances towards powering 25 per cent of stationary battery storage by 2028.

That’s the view of Benchmark Minerals Intelligence boss Simon Moores, who spoke at the battery metals research firm’s conference in Perth on Monday.

By 2028 Benchmark predicts 50 per cent of the burgeoning stationary storage market will be lithium-ion, and 25 per cent vanadium flow batteries — also known as vanadium redox flow batteries (or VRFBs).

Vanadium is booming, but nearly every lithium focused explorer or miner has seen their share price drop this year as lithium oversupply fears gain traction.

But these fears are unfounded, Mr Moores said.

Production of lithium-ion batteries is increasing exponentially and will drive long-term demand for materials such as lithium, cobalt, graphite and nickel.

By 2028 these mega battery factories — such as the gigafactories being built by Elon Musk’s Tesla — would need 840,000 tonnes per year of lithium, 193,000 tonnes per year of cobalt, 1.1 million tonnes per year of graphite anode, and 480,000 tonnes of nickel chemical.

And it helps that the world’s biggest furniture seller IKEA has committed, along with 25 other organisations and cities, to rolling out a battery-powered, zero emissions future.

IKEA last week committed to making a quarter of its home deliveries by electric vehicles within two years — increasing to 100 per cent by 2025.

The Climate group says more than 60 States and organisations representing 237 million people and corporate revenue of over $US480 billion – have committed to a zero-emission future over the past year.

But it was a kick in the guts for ASX-listed explorers and miners with projects in the Democratic Republic of the Congo, when the country announced that minerals declared “strategic” will attract a royalty of 10 per cent.

For cobalt that is double the current royalty.

This will make it costlier for ASX-listed miners with cobalt projects in the DRC (or Congo) that are already in production or moving towards production.

Here’s a table of 200 ASX battery metal stocks with exposure to lithium, cobalt, graphite, manganese and vanadium:

Swipe or scroll for full table. Click headings to sort

ASX code Company Price change Sep 12-20 One year price change Price Sep 20 (intraday) Focus Market Cap
MOX MONAX MINING 0.5 -0.4 0.003 lithium 2.2M
CLA CELSIUS RESOURCE 0.494845360825 1.7358490566 0.145 cobalt 93.2M
CZR COZIRON RESOURCE 0.428571428571 0.538461538462 0.02 vanadium 28.6M
MCT METALICITY 0.266666666667 -0.595744680851 0.019 lithium 10.1M
AYR ALLOY RESOURCES 0.25 0 0.005 cobalt 7.3M
GED GOLDEN DEEPS 0.225 0.225 0.049 vanadium 8.1M
GLN GALAN LITHIUM 0.222222222222 3.58333333333 0.275 lithium 25.2M
CDT CASTLE MINERALS 0.222222222222 -0.214285714286 0.011 graphite 2.5M
MUS MUSTANG RESOURCE 0.222222222222 -0.8625 0.011 graphite 12.6M
AGY ARGOSY MINERALS 0.219512195122 0.162790697674 0.25 lithium 221.6M
EME ENERGY METALS 0.214285714286 0.931818181818 0.17 vanadium 36.7M
HGM HIGH GRADE METAL 0.2 0.2 0.03 cobalt 13.6M
AVL AUSTRALIAN VANAD 0.186046511628 2.64285714286 0.051 lithium 76.4M
IRC INTERMIN RES 0.185185185185 0.666666666667 0.16 vanadium 36.5M
POS POSEIDON NICKEL 0.183673469388 1.07142857143 0.058 lithium 99.8M
MEI METEORIC RESOURC 0.181818181818 -0.212121212121 0.026 cobalt 14.4M
NZC NZURI COPPER 0.176470588235 0.5 0.3 cobalt 87.3M
THX THUNDELARRA 0.153846153846 -0.423076923077 0.015 cobalt 9.5M
CZN CORAZON MINING L 0.142857142857 -0.68 0.008 cobalt 10.1M
SI6 SIX SIGMA METALS 0.142857142857 -0.333333333333 0.008 lithium 4.1M
VML VITAL METALS 0.142857142857 0 0.008 cobalt 12.2M
NWC NEW WORLD COBALT 0.137254901961 0.870967741935 0.058 cobalt 31.1M
THR THOR MINING-CDI 0.136363636364 0.388888888889 0.025 lithium 16.3M
JMS JUPITER MINES 0.132352941176 0 0.385 manganese 734.6M
VXR VENTUREX RES 0.125 0.333333333333 0.18 lithium 42.0M
CLL COLLERINA COBALT 0.122448979592 1.82051282051 0.11 cobalt 61.5M
PSC PROSPECT RESOURC 0.115384615385 -0.09375 0.029 lithium 53.5M
CCZ CASTILLO COPPER 0.111111111111 -0.0243902439024 0.04 cobalt 22.0M
MTH MITHRIL RESOURCE 0.111111111111 -0.666666666667 0.01 lithium 2.0M
MIN MINERAL RESOURCE 0.110652920962 0.00622665006227 16.16 lithium 2.9B
PLS PILBARA MINERALS 0.103896103896 0.545454545455 0.85 lithium 1.4B
PAN PANORAMIC RESOUR 0.102272727273 0.627516778523 0.485 cobalt 237.4M
CXO CORE EXPLORATION 0.1 -0.0833333333333 0.044 lithium 26.6M
RLC REEDY LAGOON 0.1 -0.266666666667 0.011 lithium 4.4M
RIO RIO TINTO 0.0967492260062 0.179760823494 77.935 lithium 116.8B
VMS VENTURE MINERALS 0.0909090909091 -0.0769230769231 0.024 lithium 13.5M
VMC VENUS METALS COR 0.0882352941176 0.85 0.185 lithium 15.7M
CLQ CLEAN TEQ HOLDIN 0.0851063829787 -0.484848484848 0.51 cobalt 342.9M
CZI CASSINI RESOURCE 0.0746268656716 0 0.072 cobalt 24.2M
TAR TARUGA MINERALS 0.0722891566265 0.508474576271 0.089 lithium 11.1M
TMT TECHNOLOGY METAL 0.0714285714286 2.24324324324 0.6 vanadium 32.5M
DEG DE GREY MINING 0.0689655172414 1.421875 0.155 lithium 56.3M
AXE ARCHER EXPLORATI 0.0666666666667 0.379310344828 0.08 cobalt 15.1M
KTA KRAKATOA RESOURC 0.0666666666667 -0.304347826087 0.032 lithium 3.8M
KOR KORAB RESOURCES 0.0645161290323 0.833333333333 0.033 lithium 10.0M
TRT TODD RIVER RES 0.0641025641026 -0.265486725664 0.083 lithium 6.9M
S32 SOUTH32 0.0618131868132 0.230891719745 3.865 manganese 19.9B
LIT LITHIUM AUSTRALI 0.0606060606061 -0.25 0.105 lithium 48.7M
E25 ELEMENT 25 0.0588235294118 0.161290322581 0.18 manganese 15.0M
SPI SPITFIRE MATERIA 0.0571428571429 -0.26 0.074 manganese 38.2M
ANW AUS TIN MINING L 0.0555555555556 1.375 0.019 cobalt 37.6M
HAV HAVILAH RESOURCE 0.0555555555556 -0.35593220339 0.19 cobalt 40.4M
KNL KIBARAN RESOURCE 0.0555555555556 0 0.19 graphite 52.4M
LPD LEPIDICO 0.0555555555556 0.727272727273 0.019 lithium 56.0M
RNU RENASCOR RESOURC 0.0555555555556 -0.136363636364 0.019 graphite 18.3M
INF INFINITY LITHIUM 0.0547945205479 -0.533333333333 0.077 lithium 14.6M
JRV JERVOIS MINING 0.0535714285714 0.735294117647 0.295 cobalt 68.1M
AMD ARROW MINERALS L 0.0526315789474 -0.487179487179 0.02 lithium 5.8M
EUC EUROPEAN COBALT 0.051724137931 -0.469565217391 0.061 cobalt 47.2M
GME GME RESOURCES 0.0493827160494 0.148648648649 0.085 cobalt 40.0M
SUH SOUTHERN HEMISPH 0.0491803278689 -0.418181818182 0.064 lithium 5.4M
ASN ANSON RESOURCES 0.047619047619 2.14285714286 0.088 lithium 41.5M
AEE AURA ENERGY 0.047619047619 0 0.022 lithium 22.5M
BSX BLACKSTONE MINER 0.0434782608696 -0.586206896552 0.12 cobalt 11.1M
AUR AURIS MINERALS L 0.0416666666667 -0.375 0.05 vanadium 20.4M
DGR DGR GLOBAL 0.0416666666667 0.190476190476 0.125 lithium 73.6M
ORE OROCOBRE 0.0406504065041 -0.137466307278 3.84 lithium 949.0M
TNG TNG 0.0384615384615 -0.0357142857143 0.135 vanadium 112.3M
TNO TANDO RESOURCES (listed Nov 2017, adjusted for stock split) 0.037037037037 2.25581395349 0.14 vanadium 22.7M
LPI LITHIUM POWER IN 0.0357142857143 -0.333333333333 0.29 lithium 74.8M
PLL PIEDMONT LITHIUM 0.0357142857143 0.0357142857143 0.145 lithium 78.3M
SYR SYRAH RESOURCES 0.0355555555556 -0.380813180973 2.33 graphite 757.3M
BUX BUXTON RESOURCES 0.0333333333333 -0.0882352941176 0.155 graphite 17.1M
BKT BLACK ROCK MININ 0.0322580645161 -0.396226415094 0.032 graphite 16.7M
KAI KAIROS MINERALS 0.03125 0.736842105263 0.033 lithium 28.1M
MRR MINREX RESOURCES 0.03125 -0.266666666667 0.033 cobalt 3.5M
GXY GALAXY RESOURCES 0.0261044176707 -0.0709090909091 2.555 lithium 994.4M
OKR OKAPI RESOURCES 0.0238095238095 0 0.215 cobalt 7.6M
AGO ATLAS IRON 0.0238095238095 1.38888888889 0.043 lithium 404.0M
SO4 SALT LAKE POTASH 0.0212765957447 0.0322580645161 0.48 vanadium 84.0M
GSC GLOBAL GEOSCIENC 0.0178571428571 0.390243902439 0.285 lithium 440.8M
ARU ARAFURA RESOURCE 0.012987012987 -0.327586206897 0.078 vanadium 48.4M
PGM PLATINA RESOURCE 0.0104166666667 0.0104166666667 0.097 cobalt 25.4M
ARL ARDEA RESOURCES 0.00793650793651 -0.352040816327 0.635 cobalt 54.6M
AML AEON METALS 0 1.41379310345 0.35 cobalt 205.1M
AZI ALTA ZINC 0 -0.6 0.006 cobalt 6.8M
ADN ANDROMEDA METALS 0 -0.166666666667 0.005 lithium 5.4M
ARE ARGONAUT RESOURC 0 1.08333333333 0.025 lithium 37.3M
ACP AUDALIA RESOURCE 0 -0.181818181818 0.009 vanadium 5.3M
AOU AUROCH MINERALS 0 -0.425 0.115 lithium 11.4M
BSM BASS METALS 0 0.733333333333 0.026 lithium 64.0M
BAT BATTERY MINERALS 0 -0.578125 0.027 graphite 29.0M
BAU BAUXITE RESOURCE 0 -0.208333333333 0.057 lithium 12.2M
BEM BLACKEARTH MINER 0 0 0.13 graphite 7.9M
BDI BLINA MINERALS N 0 0 0.001 cobalt 4.3M
BOA BOADICEA RESOURC 0 -0.296296296296 0.095 lithium 5.0M
BYH BRYAH RESOURCES 0 0 0.11 manganese 5.9M
CAD CAENEUS MINERALS 0 -0.666666666667 0.001 lithium 14.1M
CHN CHALICE GOLD MIN 0 -0.0967741935484 0.14 vanadium 36.0M
CHK COHIBA MINERALS 0 -0.5 0.006 lithium 3.3M
CRL COMET RESOURCES 0 -0.4 0.033 graphite 6.8M
CGN CRATER GOLD MINI 0 1 0.018 graphite 5.0M
CAS CRUSADER RESOURC 0 -0.8 0.02 lithium 10.5M
CDU CUDECO (suspended) 0 -0.328571428571 0.235 cobalt 93M
CUL CULLEN RES 0 0 0.001 lithium 3.9M
DHR DARK HORSE RESOU 0 0.5 0.009 lithium 16.3M
DTM DART MINING NL 0 0.166666666667 0.007 lithium 6.0M
ENT ENTERPRISE METAL 0 -0.105263157895 0.017 lithium 6.5M
FEL FE 0 -0.2 0.02 cobalt 7.4M
GPP GREENPOWER ENERG 0 -0.777777777778 0.004 lithium 5.8M
HNR HANNANS 0 -0.0714285714286 0.013 lithium 27.7M
HWK HAWKSTONE MINING 0 0.5 0.024 lithium 14.3M
IEC INTRA ENERGY COR 0 0.2 0.012 lithium 4.7M
KLH KALIA 0 -0.5 0.007 lithium 20.1M
KSN KINGSTON RESOURC 0 0.294117647059 0.022 lithium 26.9M
LGR LANKA GRAPHITE (suspended) 0 -0.58 0.021 graphite 2.3M
LRS LATIN RESOURCES 0 0.666666666667 0.005 lithium 15.3M
LTR LIONTOWN RESOURC 0 2 0.027 lithium 30.1M
MZN MARINDI METALS L 0 0 0.007 lithium 12.5M
MXR MAXIMUS RESOURCE 0 -0.5 0.001 lithium 3.5M
MLS METALS AUSTRALIA 0 0 0.004 lithium 9.4M
MTB MOUNT BURGESS 0 -0.285714285714 0.005 vanadium 2.1M
N27 NORTHERN COBALT 0 0 0.125 lithium 6.9M
NVA NOVA MINERALS 0 3.16666666667 0.025 lithium 18.4M
NLI NOVO LITIO 0 0 0.044 lithium 15.7M
OAR OAKDALERESOURCES 0 -0.485714285714 0.018 lithium 1.2M
OMH OM HLDGS 0 2.12643678161 1.36 manganese 1.0B
PMY PACIFICO MINERAL 0 -0.285714285714 0.005 manganese 5.5M
PSM PENINSULA MINES 0 -0.631578947368 0.007 lithium 4.0M
PNN PEPINNINI LITHIU 0 -0.5 0.008 lithium 4.8M
PIO PIONEER RESOURCE 0 0.266666666667 0.019 lithium 27.6M
PM1 PURE MINERALS 0 -0.478260869565 0.012 lithium. Manganese 3.8M
RMX RED MOUNTAIN MIN 0 -0.533333333333 0.007 cobalt 5.4M
RIE RIEDEL RESOURCES 0 -0.210526315789 0.03 cobalt 12.5M
SYA SAYONA MINING 0 1.33333333333 0.035 lithium 58.3M
SXX SOUTHERN CROSS 0 -0.333333333333 0.006 vanadium 6.5M
SEI SPECIALITY METAL 0 0.333333333333 0.016 lithium 8.9M
SGQ ST GEORGE MINING 0 0.0909090909091 0.12 cobalt 37.3M
SRK STRIKE RESOURCES 0 0.25 0.05 lithium 7.3M
SRN SUREFIRE RESOURC 0 -0.470588235294 0.009 vanadium 3.8M
VIC VICTORY MINES 0 -0.166666666667 0.005 cobalt 6.1M
VRC VOLT RESOURCES 0 0.0526315789474 0.02 graphite 29.1M
TLG TALGA RESOURCES -0.0196078431373 -0.2 0.5 graphite 107.6M
ORN ORION MINERALS L -0.0285714285714 0.619047619048 0.034 lithium 65.6M
FGR FIRST GRAPHENE L -0.03125 0.962025316456 0.155 graphite 64.6M
TKL TRAKA RESOURCES -0.0333333333333 0.0740740740741 0.029 lithium 9.3M
GWR GWR GROUP -0.0333333333333 0.45 0.145 lithium 36.6M
LKE LAKE RESOURCES -0.0340909090909 0.416666666667 0.085 lithium 28.9M
POW PROTEAN ENERGY L -0.0357142857143 0.173913043478 0.027 vanadium 8.5M
ARM AURORA MINERALS -0.037037037037 -0.48 0.026 lithium 2.9M
IDA INDIANA RESOURCE -0.0384615384615 -0.122807017544 0.05 graphite 5.7M
KRC KING RIVER COPPE -0.0384615384615 6.14285714286 0.05 vanadium 54.5M
CFE CAPE LAMBERT RES -0.0416666666667 0 0.023 lithium 24.3M
TON TRITON MINERALS -0.0444444444444 -0.556701030928 0.043 graphite 37.2M
CMC CHINA MAGNESIUM -0.0454545454545 0.615384615385 0.021 lithium 6.6M
HIG HIGHLANDS PAC -0.0454545454545 0.666666666667 0.105 cobalt 114.7M
ESR ESTRELLA RESOURC -0.05 -0.269230769231 0.019 lithium 9.8M
SVM SOVEREIGN METALS -0.05 -0.24 0.076 graphite 21.0M
BGS BIRIMIAN -0.051724137931 -0.427083333333 0.275 lithium 67.7M
RDS REDSTONE RESOURC -0.0555555555556 0.416666666667 0.017 vanadium 6.5M
BMT BERKUT MINERALS -0.0555555555556 -0.706896551724 0.085 lithium 4.6M
NMT NEOMETALS -0.0555555555556 -0.16393442623 0.255 lithium 136.0M
AVZ AVZ MINERALS -0.0606060606061 -0.114285714286 0.093 lithium 179.4M
AUZ AUSTRALIAN MINES -0.0625 1.8125 0.045 cobalt 127.6M
MLM METALLICA MINRAL -0.0645161290323 -0.482142857143 0.029 cobalt 9.4M
WKT WALKABOUT RESOUR -0.0714285714286 0.547619047619 0.13 lithium 36.6M
SCI SILVER CITY MINE -0.0714285714286 0.181818181818 0.026 lithium 6.4M
AJM ALTURA MINING -0.0723404255319 -0.00909090909091 0.218 lithium 400.4M
GBE GLOBE METALS AND -0.0769230769231 -0.2 0.012 graphite 5.6M
SBR SABRE RES -0.0769230769231 0.2 0.012 vanadium 4.5M
ZEU ZEUS RESOURCES -0.0769230769231 -0.2 0.012 lithium 2.2M
MQR MARQUEE RESOURCE -0.0769230769231 0.2 0.18 lithium 7.7M
MZZ MATADOR MINING -0.0793650793651 0.45 0.29 lithium 15.6M
GPX GRAPHEX MINING L -0.0869565217391 -0.106382978723 0.21 graphite 15.8M
LCD LATITUDE CONSOLI -0.0909090909091 0.428571428571 0.02 lithium 6.1M
EUR EUROPEAN LITHIUM -0.0909090909091 1.83018867925 0.15 lithium 81.9M
MNS MAGNIS RESOURCES -0.0945945945946 -0.211764705882 0.335 graphite 207.5M
ADV ARDIDEN -0.1 -0.526315789474 0.009 lithium 18.4M
EMH EUROPEAN METALS -0.102564102564 -0.5625 0.35 lithium 49.5M
HXG HEXAGON RESOURCE -0.107142857143 0.275510204082 0.125 graphite 40.8M
ZNC ZENITH MINERALS -0.107142857143 0.190476190476 0.125 lithium 28.7M
LI3 LITHIUM CONSOLID -0.10989010989 -0.376923076923 0.081 lithium 7.1M
TKM TREK METALS -0.111111111111 -0.515151515152 0.016 lithium 5.6M
BAR BARRA RESOURCES -0.111111111111 -0.43661971831 0.04 cobalt 21.2M
WML WOOMERA MINING (listed Mar 2018) -0.111111111111 -0.6 0.08 lithium 9.0M
RTR RUMBLE RESOURCES -0.111111111111 0.0980392156863 0.056 vanadium 21.1M
HMX HAMMER METALS -0.133333333333 -0.1875 0.026 cobalt 7.5M
MTC METALSTECH -0.136363636364 -0.24 0.076 lithium 8.7M
TAW TAWANA RESOURCES -0.137931034483 0.0775862068966 0.25 lithium 144.5M
FCC FIRST COBALT -0.144578313253 0 0.355 cobalt 132.3M
KDR KIDMAN RESOURCES -0.150197628458 0.221590909091 1.075 lithium 407.6M
WCN WHITE CLIFF MINE -0.161290322581 -0.865284974093 0.026 cobalt 2.2M
DEV DEVEX RESOURCES -0.166666666667 0 0.005 lithium 5.5M
BPL BROKEN HILL PROS -0.177419354839 0.758620689655 0.051 cobalt 7.4M
CNJ CONICO -0.178571428571 -0.610169491525 0.023 cobalt 8.6M
CAZ CAZALY RESOURCES -0.205882352941 -0.325 0.027 lithium 7.1M
PUR PURSUIT MINERALS -0.219178082192 -0.683333333333 0.057 vanadium 4.6M
COB COBALT BLUE HOLD -0.228915662651 0.72972972973 0.32 cobalt 34.3M
CGM COUGAR METALS NL -0.25 -0.8125 0.003 lithium 2.8M
4CE FORCE COMMODITIE -0.297872340426 -0.3125 0.033 lithium 14.0M
LML LINCOLN MINERALS -0.3 -0.666666666667 0.014 graphite 7.5M