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

We track a list of ASX 200 battery metals stocks (see below) 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

Lithium hopeful Lepidico (ASX:LPD) had no news this week, but its share price jumped 37 per cent to 2.6c anyway – and got a price query from the ASX in response.

A subsequent share placement closed significantly oversubscribed, raising at least $7.9 million towards developing its L-Max® pilot plant, which will produce battery-grade lithium carbonate from non-conventional sources, including mine waste.

GME Resources also saw a 35 per cent share price bump to 11.5c on no news.

GME (ASX:GME) released a pre-feasibility study in early August for its NiWest nickel-cobalt project in Western Australia which boasted a life of mine profit of $791m.

Lithium producer Tawana Resources (ASX:TAW) jumped 22 per cent to 30.5c after securing the $40 million it needs to pursue an ASX listing with Singapore-listed merger partner Alliance Mineral Assets.

The $40 million funding package from a consortium of lenders — led by Tribeca Investment Partners — strengthens Tawana’s balance sheet and is expected to expedite the ASX listing of Alliance.

The share price of graphene player Archer Exploration rose 21 per cent to 9.7c when it announced a partnership with an unnamed leading German biotech company.

Archer (ASX:AXE) is looking to tap into the global biosensor market – which is expected to grow to $US27 billion by 2021.

Panoramic Resources had a good week, and its share price increased 13 per cent to 55c in response.

Panoramic (ASX: PAN) is on track the ship the first nickel, copper and cobalt from its Savannah mine in early March 2019 after a two-year hiatus.

 

Industry News

The cobalt price looks like it may be stabilising after it took a steep 42 per cent dive from a record high of $US43 ($59) per pound in March – bottoming out at $US25 per pound in early August.

But things are looking up, with analysts mostly bullish on where cobalt will go from here — Wood Mackenzie sees a short-term surplus before cobalt demand looks to be expanding by around 13 kilotons a year by the early 2020s, meaning the equivalent of a major new mine is required each year

In contrast, vanadium prices are on a tear — now at their highest point since 2005, pushing through the magical $US20/lb mark on Friday last week amid ongoing supply concerns.

That’s good news for the 20-or so ASX stocks with exposure to vanadium; but the big question for investors is whether the price is sustainable.

History shows us that vanadium prices are volatile, with pattern of long periods of low prices followed by a spike, then a fall.

This time, industry can see this price being sustained at elevated levels for quite some time to come, until new supply comes into the mix.

And demand for High Purity Alumina — a critical safety material in lithium batteries — is expected to grow dramatically as battery component makers invest in new production capacity.

That’s the conclusion of HPA explorer Hill End Gold (ASX:HEG) after a series of meetings with battery makers in China and the US.

“One Chinese battery separator manufacturer was currently using three tonnes of HPA a day, which was going to increase to 45 tonnes per day – or 16,000 tonnes a year,” Hill End Gold managing director Martin McFarlane told Stockhead.

“We knew they were going up — but the size of those expansions plans really took us by surprise,” Mr McFarlane said

And talking of safe batteries – scientists think they have discovered a way to stop sodium batteries from exploding — which could lead to the replacement of lithium in some batteries.

But this isn’t expected to happen anytime soon – if at all. In terms of helping meet demand for renewable energy storage, vanadium is a far more likely solution than sodium.

Tesla’s massive lithium ion grid battery in South Australia made its French owner Neoen up to $US17 million revenue in just six months, according to a report in Electrek magazine.

The numbers are revealed in a prospectus Neoen recently filed ahead of an initial public offering and listing on the Paris stock exchange.

If accurate, the favourable economics represent a huge boost to the stationary storage market and for battery metals stocks covering lithium, cobalt, graphite, nickel and vanadium.

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 Focus One-week price change 12-month price change Price Sep 27 (intraday) Market Cap
BDI BLINA MINERALS N cobalt 1 1 0.002 4.3M
CGM COUGAR METALS NL lithium 0.666666666667 -0.705882352941 0.005 4.7M
LPD LEPIDICO lithium 0.368421052632 1.36363636364 0.026 67.7M
GME GME RESOURCES cobalt 0.352941176471 0.554054054054 0.115 53.0M
SXX SOUTHERN CROSS vanadium 0.333333333333 0 0.008 8.6M
GPX GRAPHEX MINING L graphite 0.285714285714 0.125 0.27 20.9M
HWK HAWKSTONE MINING lithium 0.28 0.777777777778 0.032 18.3M
MLM METALLICA MINERAL cobalt 0.241379310345 -0.345454545455 0.036 11.3M
TKL TRAKA RESOURCES lithium 0.241379310345 0.333333333333 0.036 11.9M
TAW TAWANA RESOURCES lithium 0.22 0.405529953917 0.305 144.5M
AXE ARCHER EXPLORATI cobalt 0.2125 0.64406779661 0.097 16.6M
DEV DEVEX RESOURCES lithium 0.2 0.2 0.006 6.6M
LRS LATIN RESOURCES lithium 0.2 0.5 0.006 13.9M
PMY PACIFICO MINERAL manganese 0.2 -0.142857142857 0.006 6.6M
KRC KING RIVER COPPE vanadium 0.2 7.57142857143 0.06 75.6M
CHK COHIBA MINERALS lithium 0.166666666667 -0.416666666667 0.007 3.9M
GBE GLOBE METALS AND graphite 0.166666666667 0.0769230769231 0.014 6.5M
IEC INTRA ENERGY COR lithium 0.166666666667 0.75 0.014 5.4M
DGR DGR GLOBAL lithium 0.16 0.260869565217 0.145 88.9M
ANW AUS TIN MINING L cobalt 0.157894736842 2.14285714286 0.022 41.5M
VRC VOLT RESOURCES L graphite 0.157894736842 -0.214285714286 0.022 30.6M
BAT BATTERY MINERALS graphite 0.153846153846 -0.558823529412 0.03 33.4M
RMX RED MOUNTAIN MIN cobalt 0.142857142857 -0.555555555556 0.008 5.4M
MZZ MATADOR MINING lithium 0.137931034483 0.65 0.33 17.8M
PAN PANORAMIC RESOUR cobalt 0.134020618557 0.909722222222 0.55 272.0M
BSX BLACKSTONE MINER cobalt 0.125 -0.542372881356 0.135 12.0M
PNN PEPINNINI LITHIU lithium 0.125 -0.470588235294 0.009 5.6M
SI6 SIX SIGMA METALS lithium 0.125 -0.25 0.009 4.1M
THR THOR MINING-CDI lithium 0.12 0.866666666667 0.028 18.3M
ADV ARDIDEN lithium 0.111111111111 -0.473684210526 0.01 15.1M
CGN CRATER GOLD MINI graphite 0.111111111111 1.5 0.02 5.0M
SRN SUREFIRE RESOURC vanadium 0.111111111111 -0.411764705882 0.01 4.2M
KNL KIBARAN RESOURCE graphite 0.105263157895 0.135135135135 0.21 57.9M
OMH OM HLDGS manganese 0.102941176471 2.37078651685 1.5 1.1B
ORE OROCOBRE lithium 0.102864583333 0.0296620471675 4.235 1.1B
IDA INDIANA RESOURCE graphite 0.1 -0.0178571428571 0.055 5.3M
BKT BLACK ROCK MININ graphite 0.0967741935484 -0.433333333333 0.034 16.7M
SVM SOVEREIGN METALS graphite 0.0921052631579 -0.186274509804 0.083 22.4M
NZC NZURI COPPER cobalt 0.0833333333333 0.756756756757 0.325 97.6M
PM1 PURE MINERALS lithium. Manganese 0.0833333333333 -0.409090909091 0.013 4.1M
NVA NOVA MINERALS lithium 0.08 2.85714285714 0.027 20.3M
SRK STRIKE RESOURCES lithium 0.08 0.421052631579 0.054 7.8M
WKT WALKABOUT RESOUR lithium 0.0740740740741 0.705882352941 0.145 37.9M
WCN WHITE CLIFF MINE cobalt 0.0714285714286 -0.875518672199 0.03 2.3M
CXO CORE EXPLORATION lithium 0.0681818181818 -0.11320754717 0.047 30.4M
FGR FIRST GRAPHENE L graphite 0.0645161290323 1.14285714286 0.165 66.6M
4CE FORCE COMMODITIE lithium 0.0625 -0.32 0.034 14.4M
NMT NEOMETALS lithium 0.06 -0.0701754385965 0.265 144.1M
RDS REDSTONE RESOURC vanadium 0.0588235294118 0.5 0.018 6.5M
BGS BIRIMIAN lithium 0.0555555555556 -0.269230769231 0.285 65.4M
HAV HAVILAH RESOURCE cobalt 0.0540540540541 -0.266917293233 0.195 42.6M
LIT LITHIUM AUSTRALI lithium 0.047619047619 -0.12 0.11 51.0M
AGO ATLAS IRON lithium 0.047619047619 1.44444444444 0.044 423.2M
LCD LATITUDE CONSOLI lithium 0.047619047619 0.571428571429 0.022 6.1M
BYH BRYAH RESOURCES (listed Oct 2017) manganese 0.0454545454545 -0.425 0.115 6.5M
ESR ESTRELLA RESOURC lithium 0.0454545454545 -0.206896551724 0.023 11.3M
KSN KINGSTON RESOURC lithium 0.0454545454545 0.352941176471 0.023 28.1M
MTC METALSTECH lithium 0.0394736842105 -0.281818181818 0.079 8.8M
HMX HAMMER METALS cobalt 0.0384615384615 -0.25 0.027 7.5M
BEM BLACKEARTH MINER (listed Jan 2018) graphite 0.0384615384615 -0.325 0.135 8.2M
CAZ CAZALY RESOURCES lithium 0.037037037037 -0.151515151515 0.028 6.5M
CHN CHALICE GOLD MIN vanadium 0.0357142857143 -0.121212121212 0.145 38.7M
TNO TANDO RESOURCES (listed Nov 2017, adjusted for stock split) vanadium 0.0357142857143 2.37209302326 0.145 24.3M
PSC PROSPECT RESOURC lithium 0.0344827586207 -0.166666666667 0.03 59.4M
CLQ CLEAN TEQ HOLDIN cobalt 0.0339622641509 -0.475598086124 0.548 391.3M
BUX BUXTON RESOURCES graphite 0.0322580645161 -0.030303030303 0.16 17.7M
MQR MARQUEE RESOURCE lithium 0.03125 0.178571428571 0.165 6.8M
KAI KAIROS MINERALS lithium 0.030303030303 -0.346153846154 0.034 28.1M
VMC VENUS METALS COR lithium 0.027027027027 0.938775510204 0.19 15.3M
PLS PILBARA MINERALS lithium 0.0233918128655 0.62037037037 0.875 1.5B
TON TRITON MINERALS graphite 0.0227272727273 -0.48275862069 0.045 38.9M
AVZ AVZ MINERALS lithium 0.0212765957447 -0.127272727273 0.096 181.3M
S32 SOUTH32 manganese 0.0181818181818 0.20245398773 3.92 20.1B
RIO RIO TINTO lithium 0.01728553137 0.189371257485 79.45 126.3B
TMT TECHNOLOGY METAL vanadium 0.00819672131148 2.41666666667 0.615 35.7M
KDR KIDMAN RESOURCES lithium 0.00462962962963 0.160427807487 1.085 443.5M
MIN MINERAL RESOURCE lithium 0.00370828182942 0.00557275541796 16.24 3.0B
AZI ALTA ZINC cobalt 0 -0.6 0.006 6.8M
ADN ANDROMEDA METALS lithium 0 0 0.005 5.4M
ACP AUDALIA RESOURCE vanadium 0 -0.1 0.009 5.3M
AEE AURA ENERGY lithium 0 -0.12 0.022 23.6M
AUR AURIS MINERALS L vanadium 0 -0.342105263158 0.05 20.4M
AOU AUROCH MINERALS lithium 0 -0.323529411765 0.115 11.4M
ARM AURORA MINERALS lithium 0 -0.446808510638 0.026 3.0M
BAR BARRA RESOURCES cobalt 0 -0.393939393939 0.04 21.8M
BOA BOADICEA RESOURC lithium 0 -0.321428571429 0.095 5.0M
CAD CAENEUS MINERALS lithium 0 -0.666666666667 0.001 14.1M
CZI CASSINI RESOURCE cobalt 0 0.107692307692 0.072 25.9M
CCZ CASTILLO COPPER cobalt 0 -0.05 0.038 21.5M
CDT CASTLE MINERALS graphite 0 -0.0833333333333 0.011 2.5M
CMC CHINA MAGNESIUM lithium 0 0.692307692308 0.022 6.9M
COB COBALT BLUE HOLD cobalt 0 0.777777777778 0.32 38.3M
CNJ CONICO cobalt 0 -0.568965517241 0.025 8.6M
CAS CRUSADER RESOURC lithium 0 -0.795918367347 0.02 10.0M
CDU CUDECO (suspended) cobalt 0 -0.364864864865 0.235 --
CUL CULLEN RES lithium 0 0 0.001 2.6M
DHR DARK HORSE RESOU lithium 0 0.333333333333 0.008 15.4M
ENT ENTERPRISE METAL lithium 0 -0.105263157895 0.017 6.5M
FCC FIRST COBALT cobalt 0 0 0.38 111.9M
GSC GLOBAL GEOSCIENC lithium 0 0.363636363636 0.3 426.2M
HXG HEXAGON RESOURCE graphite 0 0.35 0.135 37.9M
HGM HIGH GRADE METAL cobalt 0 0.2 0.03 13.6M
HIG HIGHLANDS PAC cobalt 0 0.666666666667 0.105 120.2M
KTA KRAKATOA RESOURC lithium 0 -0.347826086957 0.03 3.5M
LGR LANKA GRAPHITE (suspended) graphite 0 -0.475 0.021 2.3M
LI3 LITHIUM CONSOLID lithium 0 -0.19 0.081 7.3M
MZN MARINDI METALS L lithium 0 -0.125 0.007 14.2M
MXR MAXIMUS RESOURCE lithium 0 0 0.001 3.5M
MLS METALS AUSTRALIA lithium 0 0 0.004 8.2M
MTH MITHRIL RESOURCE lithium 0 -0.666666666667 0.01 2.2M
MOX MONAX MINING lithium 0 -0.6 0.002 1.8M
MTB MOUNT BURGESS vanadium 0 -0.285714285714 0.005 1.7M
MUS MUSTANG RESOURCE graphite 0 -0.878048780488 0.01 11.5M
OAR OAKDALERESOURCES lithium 0 -0.485714285714 0.018 1.2M
PSM PENINSULA MINES lithium 0 -0.65 0.007 5.6M
PIO PIONEER RESOURCE lithium 0 0.357142857143 0.019 27.6M
RNU RENASCOR RESOURC graphite 0 -0.173913043478 0.019 18.3M
RIE RIEDEL RESOURCES cobalt 0 -0.302325581395 0.03 12.5M
SO4 SALT LAKE POTASH vanadium 0 -0.0217391304348 0.45 78.8M
SUH SOUTHERN HEMISPH lithium 0 -0.6 0.064 5.4M
SGQ ST GEORGE MINING cobalt 0 0.136363636364 0.125 37.3M
THX THUNDELARRA cobalt 0 -0.423076923077 0.015 8.9M
VMS VENTURE MINERALS lithium 0 0.0909090909091 0.024 12.5M
VIC VICTORY MINES cobalt 0 0 0.005 6.1M
VML VITAL METALS cobalt 0 0 0.007 13.9M
ZEU ZEUS RESOURCES L lithium 0 -0.2 0.012 2.2M
WML WOOMERA MINING (listed Mar 2018) lithium -0.0125 -0.605 0.079 9.1M
BAU BAUXITE RESOURCE lithium -0.0175438596491 -0.222222222222 0.056 12.0M
AVL AUSTRALIAN VANAD lithium -0.0196078431373 2.57142857143 0.05 79.7M
AML AEON METALS cobalt -0.02 1.28666666667 0.343 213.9M
GXY GALAXY RESOURCES lithium -0.0216535433071 0.0142857142857 2.485 1.0B
E25 ELEMENT 25 manganese -0.0277777777778 0.0294117647059 0.175 13.4M
SYR SYRAH RESOURCES graphite -0.0278969957082 -0.352857142857 2.265 757.3M
EMH EUROPEAN METALS lithium -0.0285714285714 -0.575 0.34 49.5M
MNS MAGNIS RESOURCES graphite -0.0298507462687 -0.235294117647 0.325 198.4M
PLL PIEDMONT LITHIUM lithium -0.0322580645161 -0.0909090909091 0.15 83.9M
LKE LAKE RESOURCES lithium -0.0348837209302 0.383333333333 0.083 27.6M
TRT TODD RIVER RESOU lithium -0.0361445783133 -0.259259259259 0.08 6.7M
POS POSEIDON NICKEL lithium -0.0363636363636 0.962962962963 0.053 145.3M
BSM BASS METALS lithium -0.037037037037 1.36363636364 0.026 64.5M
SCI SILVER CITY MINE lithium -0.0384615384615 0 0.025 6.4M
ARU ARAFURA RESOURCE vanadium -0.038961038961 -0.301886792453 0.074 47.2M
AGY ARGOSY MINERALS lithium -0.0392156862745 -0.02 0.245 226.3M
SPI SPITFIRE MATERIA manganese -0.0405405405405 -0.29 0.071 37.7M
ARE ARGONAUT RESOURC lithium -0.0416666666667 0.916666666667 0.023 35.8M
AJM ALTURA MINING lithium -0.0454545454545 0.0243902439024 0.21 391.3M
ARL ARDEA RESOURCES cobalt -0.0454545454545 -0.3 0.63 64.0M
CLL COLLERINA COBALT cobalt -0.0454545454545 1.69230769231 0.105 58.7M
NLI NOVO LITIO lithium -0.046511627907 -0.0681818181818 0.041 15.3M
OKR OKAPI RESOURCES cobalt -0.046511627907 0.025 0.205 7.0M
JRV JERVOIS MINING cobalt -0.05 0.117647058824 0.285 64.7M
LPI LITHIUM POWER IN lithium -0.0508474576271 -0.243243243243 0.28 73.5M
NWC NEW WORLD COBALT cobalt -0.051724137931 -0.153846153846 0.055 28.0M
EUC EUROPEAN COBALT cobalt -0.0526315789474 -0.64 0.054 40.4M
MCT METALICITY lithium -0.0526315789474 -0.608695652174 0.018 10.7M
RTR RUMBLE RESOURCES vanadium -0.0526315789474 -0.129032258065 0.054 20.4M
SYA SAYONA MINING lithium -0.0571428571429 1.35714285714 0.033 54.9M
IRC INTERMIN RES vanadium -0.0606060606061 0.761363636364 0.155 38.8M
MRR MINREX RESOURCES cobalt -0.0606060606061 -0.311111111111 0.031 3.2M
TLG TALGA RESOURCES graphite -0.0618556701031 -0.228813559322 0.455 98.9M
SEI SPECIALITY METAL lithium -0.0625 0.5 0.015 8.9M
DEG DE GREY MINING lithium -0.0645161290323 -0.0333333333333 0.145 52.7M
AUZ AUSTRALIAN MINES cobalt -0.0666666666667 1.8 0.042 116.8M
LTR LIONTOWN RESOURC lithium -0.0740740740741 1.5 0.025 29.0M
POW PROTEAN ENERGY L vanadium -0.0740740740741 0.0416666666667 0.025 7.9M
BPL BROKEN HILL PROS cobalt -0.078431372549 0.516129032258 0.047 7.0M
N27 NORTHERN COBALT lithium -0.08 -0.410256410256 0.115 5.8M
ZNC ZENITH MINERALS lithium -0.08 0.0454545454545 0.115 25.5M
ASN ANSON RESOURCES lithium -0.0804597701149 1.35294117647 0.08 41.5M
VXR VENTUREX RESOURC lithium -0.0833333333333 -0.214285714286 0.165 40.8M
CFE CAPE LAMBERT RES lithium -0.0833333333333 -0.0833333333333 0.022 22.3M
HNR HANNANS lithium -0.0833333333333 -0.153846153846 0.011 23.8M
SBR SABRE RES vanadium -0.0833333333333 -0.0833333333333 0.011 4.1M
PGM PLATINA RESOURCE cobalt -0.0842105263158 -0.171428571429 0.087 24.0M
GLN GALAN LITHIUM lithium -0.0847457627119 3.35483870968 0.27 25.7M
ORN ORION MINERALS L lithium -0.0882352941176 0.55 0.031 60.0M
RLC REEDY LAGOON lithium -0.0909090909091 -0.285714285714 0.01 4.0M
CRL COMET RESOURCES graphite -0.0909090909091 -0.375 0.03 6.2M
KOR KORAB RESOURCES lithium -0.0909090909091 0.428571428571 0.03 9.1M
TNG TNG vanadium -0.111111111111 -0.142857142857 0.12 95.7M
JMS JUPITER MINES (listed Apr 2018) manganese -0.116883116883 -0.15 0.34 646.5M
EME ENERGY METALS vanadium -0.117647058824 0.704545454545 0.15 31.5M
GED GOLDEN DEEPS vanadium -0.122448979592 0.075 0.043 7.7M
PUR PURSUIT MINERALS vanadium -0.122807017544 -0.777777777778 0.05 4.1M
CZN CORAZON MINING L cobalt -0.125 -0.666666666667 0.007 8.9M
TKM TREK METALS lithium -0.125 -0.575757575758 0.014 4.4M
EUR EUROPEAN LITHIUM lithium -0.133333333333 1.6 0.13 71.0M
AMD ARROW MINERALS L lithium -0.136363636364 -0.604166666667 0.019 5.8M
CLA CELSIUS RESOURCE cobalt -0.137931034483 1.40384615385 0.125 93.2M
DTM DART MINING NL lithium -0.142857142857 -0.142857142857 0.006 5.6M
KLH KALIA lithium -0.142857142857 -0.6 0.006 15.1M
FEL FE cobalt -0.15 -0.32 0.017 6.3M
LML LINCOLN MINERALS graphite -0.166666666667 -0.75 0.01 6.3M
BMT BERKUT MINERALS lithium -0.176470588235 -0.784615384615 0.07 4.6M
TAR TARUGA MINERALS lithium -0.183908045977 0.267857142857 0.071 10.8M
AYR ALLOY RESOURCES cobalt -0.2 -0.2 0.004 5.8M
INF INFINITY LITHIUM lithium -0.207792207792 -0.641176470588 0.061 11.6M
GWR GWR GROUP lithium -0.241379310345 0.358024691358 0.11 27.8M
GPP GREENPOWER ENERG lithium -0.25 -0.8125 0.003 5.8M
CZR COZIRON RESOURCE vanadium -0.3 0.0769230769231 0.014 32.1M
MEI METEORIC RESOURC cobalt -0.423076923077 -0.68085106383 0.015 9.2M