Each week High Voltage tracks 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 table showing the recent performance of 200 ASX battery metal stocks

Vanadium prices smashed through the magical $20/kg mark last week – and just kept going up – while both graphite and manganese pricing remained strong.

There are more signs that lithium prices are stabilising, but despite solid long-term fundamentals cobalt had another shocker – falling to $US54,500/t by Wednesday’s close.

Just 33 per cent of the battery metals-exposed small caps on our list made gains this week – about 22 per cent saw no change, and 44 per cent suffered losses.

Blackstone Minerals (ASX:BSX) was one of the week’s big winners, increasing 28 per cent to 16c after identifying significant 1km long copper, gold and cobalt targets at its Little Gem project in Canada.

“Along with the recent Erebor cobalt-gold discovery nearby, the Little Gem project is shaping up to be a world class Cobalt district,” Blackstone said.

Canadian explorer Euro Manganese (ASX:EMN) has kicked off its first week as a publicly listed company, trading at a 23 per cent premium to its initial public offering price.

It traded as high as 32c in the first hour of trade. About 333,000 shares changed hands in nine trades worth $96,162 just before midday Tuesday.

The share price of fellow manganese hopeful Element 25 (ASX:E25) increased by 15 per cent to 18.5c this week.

Element is putting the feelers out for investors, as it looks to develop Australia’s largest onshore manganese deposit in WA – a high purity project which it says is well placed to supply both traditional and battery markets.

Industry news

Tesla’s landmark $91 million lithium ion grid battery in South Australia made its French operator Neoen about $13 million in revenue across the first half of 2018, the French energy giant has confirmed.

This first half revenue from the Hornsdale Power Reserve included $2.24m under the power purchase agreement with the South Australian government, a Neoen spokesperson told Stockhead via email.

But the largest revenues — $10.75m for the half – were related to the sale of services to the grid, showing how useful grid storage can be to the national electricity market.

Now for behind the meter storage — as much as half of Australia’s energy will come from private rooftop solar by 2050, according to Bloomberg New Energy Finance.

That could open an opportunity for a virtual power plants (VPP) , networks of buildings – in this case private homes — with rooftop solar and storage that are connected and managed via a software platform.

It’s early days for the concept — right now the aim is to demonstrate VPPs can make money, Tesla energy director Mark Twidell told the All Energy conference in Melbourne on Wednesday.

A 250 megawatt VPP has been operating in South Australia since January — connected to 100 Tesla batteries installed in public housing. It is designed to scale up to 50,000 homes by 2022.

High Purity Alumina (HPA) stocks aren’t on our list yet — but that may change soon, with the HPA price now well above the $US20-$US30/kg long-term prices  ASX-listed companies are plugging in to the financial modelling of their new projects.

And yet the four main HPA stocks on the ASX – Altech (ASX:ATC), Hill End (ASX:HEG), Collerina (ASX:CLL) and FYI Resources (ASX:FYI) – are trading lower than they were six month ago, despite the ongoing strength of the HPA market.

Nickel is also not included on our list — yet — but demand for next generation high nickel, low cobalt NCM batteries for electric vehicles could significantly increase  demand – and the supply could struggle to keep up.

Nickel prices (USD) over the past year.Nickel prices (USD) over the past year.
Nickel prices (USD) over the past year.

Nickel prices have plummeted more than 20 per cent in four months, taking ASX nickel stocks with them — but experts expect a turn-around in 2019.

Wood Mackenzie also see a modest rise in price next year to about $US14,500/t, and then going forward, prices increasing further as EV demand takes hold.

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

ASX code Company Focus One-week price change 12-month price change Price Oct 4 (intraday) Market Cap
MOX MONAX MINING lithium 0.5 -0.5 0.003 1.8M
MTB MOUNT BURGESS vanadium 0.5 -0.4 0.006 2.5M
BPL BROKEN HILL PROS cobalt 0.425531914894 1.09375 0.067 6.8M
AZI ALTA ZINC cobalt 0.4 -0.533333333333 0.007 8.2M
BSX BLACKSTONE MINER cobalt 0.28 -0.466666666667 0.16 16.4M
TAW TAWANA RESOURCES lithium 0.22 0.210317460317 0.305 179.2M
ADN ANDROMEDA METALS lithium 0.2 0.2 0.006 6.5M
AJM ALTURA MINING lithium 0.186046511628 -0.0555555555556 0.255 436.8M
CMC CHINA MAGNESIUM lithium 0.181818181818 1 0.026 8.2M
E25 ELEMENT 25 manganese 0.15625 -0.0263157894737 0.185 15.0M
CHK COHIBA MINERALS lithium 0.142857142857 -0.272727272727 0.008 4.5M
CRL COMET RESOURCES graphite 0.133333333333 -0.333333333333 0.034 7.0M
PSC PROSPECT RESOURC lithium 0.133333333333 0.0625 0.034 63.4M
DHR DARK HORSE RESOU lithium 0.125 0.285714285714 0.009 15.4M
SVM SOVEREIGN METALS graphite 0.123456790123 -0.325925925926 0.091 25.2M
SO4 SALT LAKE POTASH vanadium 0.122222222222 0.10989010989 0.505 94.5M
OMH OM HLDGS manganese 0.120805369128 2.51578947368 1.67 1.2B
GXY GALAXY RESOURCES lithium 0.111111111111 -0.0572390572391 2.8 1.1B
ANW AUS TIN MINING L cobalt 0.0952380952381 1.55555555556 0.023 41.5M
LKE LAKE RESOURCES lithium 0.0952380952381 0.508196721311 0.092 31.8M
BKT BLACK ROCK MININ graphite 0.09375 -0.326923076923 0.035 17.7M
ORE OROCOBRE lithium 0.0926365795724 -0.047619047619 4.6 1.2B
GLN GALAN LITHIUM lithium 0.0925925925926 3.83606557377 0.295 33.8M
RTR RUMBLE RESOURCES vanadium 0.0877192982456 -0.150684931507 0.062 20.0M
N27 NORTHERN COBALT lithium 0.0869565217391 -0.404761904762 0.125 6.4M
VMC VENUS METALS COR lithium 0.0857142857143 1.0652173913 0.19 16.6M
CLQ CLEAN TEQ HOLDIN cobalt 0.0857142857143 -0.477064220183 0.57 424.9M
S32 SOUTH32 manganese 0.0841836734694 0.283987915408 4.25 20.2B
HNR HANNANS lithium 0.0833333333333 0 0.013 27.7M
INF INFINITY LITHIUM lithium 0.0819672131148 -0.643243243243 0.066 12.2M
CCZ CASTILLO COPPER cobalt 0.0810810810811 0 0.04 22.0M
FCC FIRST COBALT-CDI cobalt 0.0757575757576 0 0.355 123.8M
CAZ CAZALY RESOURCES lithium 0.0714285714286 -0.347826086957 0.03 6.9M
ASN ANSON RESOURCES lithium 0.0714285714286 1.25 0.09 49.4M
DEG DE GREY MINING lithium 0.0689655172414 -0.311111111111 0.155 58.2M
RDS REDSTONE RESOURC vanadium 0.0588235294118 0.384615384615 0.018 6.5M
EMH EUROPEAN METALS lithium 0.0571428571429 -0.548780487805 0.37 56.6M
CGN CRATER GOLD MINI graphite 0.0555555555556 1.375 0.019 5.6M
WML WOOMERA MINING L lithium 0.0493827160494 0 0.085 9.6M
CLL COLLERINA COBALT cobalt 0.047619047619 1.5 0.11 68.1M
AGO ATLAS IRON lithium 0.0454545454545 1.70588235294 0.046 442.5M
VMS VENTURE MINERALS lithium 0.0416666666667 0 0.025 13.0M
GPX GRAPHEX MINING L graphite 0.0377358490566 0.0185185185185 0.275 21.6M
BEM BLACKEARTH MINER graphite 0.037037037037 0 0.14 8.5M
WKT WALKABOUT RESOUR lithium 0.0357142857143 0.686046511628 0.145 39.3M
CHN CHALICE GOLD MIN vanadium 0.0344827586207 -0.347826086957 0.15 40.0M
EME ENERGY METALS vanadium 0.0333333333333 0.761363636364 0.155 32.5M
BOA BOADICEA RESOURC lithium 0.0315789473684 -0.3875 0.098 4.3M
MNS MAGNIS RESOURCES graphite 0.0307692307692 -0.211764705882 0.335 204.5M
JMS JUPITER MINES manganese 0.030303030303 0 0.34 666.1M
KAI KAIROS MINERALS lithium 0.030303030303 -0.514285714286 0.034 29.8M
HAV HAVILAH RESOURCE cobalt 0.025641025641 -0.298245614035 0.2 41.5M
AUZ AUSTRALIAN MINES cobalt 0.0232558139535 1.58823529412 0.044 116.8M
AGY ARGOSY MINERALS lithium 0.0204081632653 -0.193548387097 0.25 235.5M
BAU BAUXITE RESOURCE lithium 0.0178571428571 -0.208333333333 0.057 12.0M
MIN MINERAL RESOURCE lithium 0.012353304509 -0.050405561993 16.39 3.1B
BMT BERKUT MINERALS lithium 0.0119047619048 -0.716666666667 0.085 4.6M
AVZ AVZ MINERALS lithium 0.0104166666667 -0.281481481481 0.097 182.2M
AYR ALLOY RESOURCES cobalt 0 -0.2 0.004 5.8M
ARE ARGONAUT RESOURC lithium 0 0.642857142857 0.023 35.8M
AMD ARROW MINERALS L lithium 0 -0.612244897959 0.019 5.5M
ARM AURORA MINERALS lithium 0 -0.380952380952 0.026 3.0M
BAT BATTERY MINERALS graphite 0 -0.538461538462 0.03 33.4M
BDI BLINA MINERALS N cobalt 0 0 0.001 4.3M
CAD CAENEUS MINERALS lithium 0 -0.5 0.001 14.1M
CFE CAPE LAMBERT RES lithium 0 0.1 0.022 23.3M
CLA CELSIUS RESOURCE cobalt 0 1.45283018868 0.13 96.9M
CNJ CONICO cobalt 0 -0.545454545455 0.025 9.0M
CZN CORAZON MINING L cobalt 0 -0.708333333333 0.007 8.9M
CGM COUGAR METALS NL lithium 0 -0.666666666667 0.005 4.7M
CAS CRUSADER RESOURC lithium 0 -0.79381443299 0.02 10.0M
CUL CULLEN RES lithium 0 -0.5 0.001 2.6M
DTM DART MINING NL lithium 0 0 0.007 6.0M
ENT ENTERPRISE METAL lithium 0 -0.105263157895 0.017 6.5M
FEL FE cobalt 0 -0.32 0.017 6.3M
4CE FORCE COMMODITIE lithium 0 -0.0810810810811 0.034 14.4M
GPP GREENPOWER ENERG lithium 0 -0.764705882353 0.004 5.8M
GWR GWR GROUP lithium 0 0.375 0.11 25.2M
HMX HAMMER METALS cobalt 0 -0.129032258065 0.027 7.2M
HXG HEXAGON RESOURCE graphite 0 0.3 0.13 37.9M
HIG HIGHLANDS PAC cobalt 0 0.71875 0.11 114.7M
IDA INDIANA RESOURCE graphite 0 -0.0983606557377 0.055 5.3M
KLH KALIA lithium 0 -0.571428571429 0.006 15.1M
KOR KORAB RESOURCES lithium 0 0.428571428571 0.03 9.1M
KTA KRAKATOA RESOURC lithium 0 -0.333333333333 0.03 3.8M
LRS LATIN RESOURCES lithium 0 0.25 0.005 13.9M
LML LINCOLN MINERALS graphite 0 -0.744186046512 0.011 6.3M
MXR MAXIMUS RESOURCE lithium 0 -0.5 0.001 3.5M
MLS METALS AUSTRALIA lithium 0 -0.2 0.004 8.2M
MEI METEORIC RESOURC cobalt 0 -0.666666666667 0.016 10.3M
NMT NEOMETALS lithium 0 -0.145161290323 0.265 146.9M
NVA NOVA MINERALS lithium 0 3.33333333333 0.026 20.3M
OAR OAKDALERESOURCES lithium 0 -0.5 0.018 1.2M
PMY PACIFICO MINERAL manganese 0 0 0.006 6.3M
PAN PANORAMIC RESOUR cobalt 0 0.708074534161 0.55 272.0M
PLL PIEDMONT LITHIUM lithium 0 -0.189189189189 0.15 83.9M
PIO PIONEER RESOURCE lithium 0 0.1875 0.019 28.6M
RLC REEDY LAGOON lithium 0 -0.333333333333 0.01 4.0M
RIE RIEDEL RESOURCES cobalt 0 -0.318181818182 0.03 12.5M
SBR SABRE RES vanadium 0 -0.0833333333333 0.011 4.1M
SYA SAYONA MINING lithium 0 2.2 0.032 54.9M
SCI SILVER CITY MINE lithium 0 -0.103448275862 0.026 6.4M
SXX SOUTHERN CROSS vanadium 0 -0.111111111111 0.008 8.6M
SUH SOUTHERN HEMISPH lithium 0 -0.663157894737 0.064 5.4M
SRN SUREFIRE RESOURC vanadium 0 -0.411764705882 0.01 4.2M
THX THUNDELARRA cobalt 0 -0.416666666667 0.014 9.5M
TNG TNG vanadium 0 -0.178571428571 0.115 106.4M
TON TRITON MINERALS graphite 0 -0.471264367816 0.046 38.9M
VIC VICTORY MINES cobalt 0 0 0.005 6.1M
ZEU ZEUS RESOURCES L lithium 0 -0.2 0.012 2.2M
RIO RIO TINTO lithium -0.000999625140572 0.18567403233 79.95 123.9B
ARL ARDEA RESOURCES cobalt -0.00819672131148 -0.320224719101 0.605 65.1M
TLG TALGA RESOURCES graphite -0.010989010989 -0.196428571429 0.45 97.8M
AXE ARCHER EXPLORATI cobalt -0.0113636363636 0.474576271186 0.087 16.9M
SPI SPITFIRE MATERIA manganese -0.0140845070423 -0.333333333333 0.07 64.6M
GSC GLOBAL GEOSCIENC lithium -0.0172413793103 0.266666666667 0.285 411.5M
POS POSEIDON NICKEL lithium -0.0181818181818 1.07692307692 0.054 155.9M
PLS PILBARA MINERALS lithium -0.0227272727273 0.312977099237 0.86 1.5B
BAR BARRA RESOURCES cobalt -0.0243902439024 -0.393939393939 0.04 20.7M
LI3 LITHIUM CONSOLID lithium -0.0246913580247 -0.247619047619 0.079 7.6M
AML AEON METALS cobalt -0.027397260274 1.29032258065 0.355 213.9M
TKL TRAKA RESOURCES lithium -0.0277777777778 -0.204545454545 0.035 11.9M
VXR VENTUREX RESOURC lithium -0.0294117647059 -0.266666666667 0.165 39.6M
COB COBALT BLUE HOLD cobalt -0.030303030303 0.939393939394 0.32 37.8M
IRC INTERMIN RES vanadium -0.030303030303 0.616161616162 0.16 37.7M
SYR SYRAH RESOURCES graphite -0.0313901345291 -0.384615384615 2.16 791.2M
BUX BUXTON RESOURCES graphite -0.0322580645161 -0.0625 0.15 17.1M
KRC KING RIVER COPPE vanadium -0.0327868852459 7.42857142857 0.059 69.4M
DGR DGR GLOBAL lithium -0.0344827586207 0.217391304348 0.14 85.8M
JRV JERVOIS MINING cobalt -0.0344827586207 -0.0819672131148 0.28 62.5M
BGS BIRIMIAN lithium -0.0357142857143 -0.0526315789474 0.27 61.9M
NWC NEW WORLD COBALT cobalt -0.0363636363636 -0.253521126761 0.053 26.5M
EUC EUROPEAN COBALT cobalt -0.0377358490566 -0.751219512195 0.051 41.1M
BSM BASS METALS lithium -0.0384615384615 1.27272727273 0.025 64.5M
LTR LIONTOWN RESOURC lithium -0.0384615384615 1.77777777778 0.025 29.0M
POW PROTEAN ENERGY L vanadium -0.0384615384615 0 0.025 7.6M
CZI CASSINI RESOURCE cobalt -0.04 0 0.072 25.2M
SGQ ST GEORGE MINING cobalt -0.04 0.0434782608696 0.12 37.3M
ESR ESTRELLA RESOURC lithium -0.0434782608696 -0.333333333333 0.022 10.8M
KSN KINGSTON RESOURC lithium -0.0434782608696 0.375 0.022 28.1M
AEE AURA ENERGY lithium -0.0454545454545 -0.16 0.021 22.5M
LCD LATITUDE CONSOLI lithium -0.0454545454545 0.615384615385 0.021 5.8M
LIT LITHIUM AUSTRALI lithium -0.0454545454545 -0.275862068966 0.105 48.7M
TRT TODD RIVER RESOU lithium -0.0487804878049 -0.309734513274 0.078 6.4M
RNU RENASCOR RESOURC graphite -0.0526315789474 -0.307692307692 0.018 18.3M
ARU ARAFURA RESOURCE vanadium -0.0533333333333 -0.29702970297 0.071 45.3M
LPI LITHIUM POWER IN lithium -0.0535714285714 -0.383720930233 0.265 66.9M
MCT METALICITY lithium -0.0555555555556 -0.645833333333 0.017 9.5M
MLM METALLICA MINRAL cobalt -0.0571428571429 -0.410714285714 0.033 10.6M
PUR PURSUIT MINERALS vanadium -0.06 -0.781395348837 0.047 3.9M
NZC NZURI COPPER cobalt -0.0606060606061 0.823529411765 0.31 93.2M
CXO CORE EXPLORATION lithium -0.0625 -0.134615384615 0.045 27.9M
MQR MARQUEE RESOURCE lithium -0.0625 -0.0322580645161 0.15 6.4M
SEI SPECIALITY METAL lithium -0.0625 0.5 0.015 8.3M
TAR TARUGA MINERALS lithium -0.0641025641026 0.377358490566 0.073 10.3M
WCN WHITE CLIFF MINE cobalt -0.0666666666667 -0.883817427386 0.028 2.3M
KNL KIBARAN RESOURCE graphite -0.0714285714286 0.147058823529 0.195 55.1M
GBE GLOBE METALS AND graphite -0.0714285714286 -0.0714285714286 0.013 6.1M
IEC INTRA ENERGY COR lithium -0.0714285714286 0.625 0.013 5.0M
THR THOR MINING-CDI lithium -0.0714285714286 0.857142857143 0.026 15.7M
TKM TREK METALS lithium -0.0714285714286 -0.606060606061 0.013 4.1M
OKR OKAPI RESOURCES cobalt -0.0731707317073 -0.432835820896 0.19 6.5M
SRK STRIKE RESOURCES lithium -0.0740740740741 0.315789473684 0.05 7.3M
PM1 PURE MINERALS lithium. Manganese -0.0769230769231 -0.4 0.012 4.1M
EUR EUROPEAN LITHIUM lithium -0.0769230769231 1.2641509434 0.12 65.6M
MTC METALSTECH lithium -0.0789473684211 -0.416666666667 0.07 8.8M
AUR AURIS MINERALS L vanadium -0.08 -0.394736842105 0.046 18.8M
LPD LEPIDICO lithium -0.0869565217391 0.909090909091 0.021 70.5M
KDR KIDMAN RESOURCES lithium -0.0900900900901 0.0631578947368 1.01 397.6M
CDT CASTLE MINERALS graphite -0.0909090909091 -0.0909090909091 0.01 2.2M
GME GME RESOURCES cobalt -0.0909090909091 0.282051282051 0.1 48.2M
FGR FIRST GRAPHENE L graphite -0.0909090909091 0.851851851852 0.15 66.6M
MZZ MATADOR MINING lithium -0.0909090909091 0.304347826087 0.3 16.2M
HWK HAWKSTONE MINING lithium -0.09375 0.380952380952 0.029 16.5M
ORN ORION MINERALS L lithium -0.09375 0.526315789474 0.029 54.3M
VRC VOLT RESOURCES L graphite -0.0952380952381 -0.24 0.019 29.1M
TNO TANDO RESOURCES vanadium -0.103448275862 0 0.13 25.2M
SI6 SIX SIGMA METALS lithium -0.111111111111 -0.333333333333 0.008 4.1M
GED GOLDEN DEEPS vanadium -0.111111111111 0 0.04 6.9M
AVL AUSTRALIAN VANAD lithium -0.122448979592 2.07142857143 0.043 79.7M
RMX RED MOUNTAIN MIN cobalt -0.125 -0.5625 0.007 4.7M
VML VITAL METALS cobalt -0.125 0.166666666667 0.007 12.2M
ZNC ZENITH MINERALS lithium -0.125 -0.0869565217391 0.105 23.4M
AOU AUROCH MINERALS lithium -0.130434782609 -0.5 0.1 10.4M
PGM PLATINA RESOURCE cobalt -0.131868131868 -0.247619047619 0.079 20.6M
HGM HIGH GRADE METAL cobalt -0.133333333333 -0.0714285714286 0.026 11.3M
PSM PENINSULA MINES lithium -0.142857142857 -0.684210526316 0.006 4.8M
MRR MINREX RESOURCES cobalt -0.142857142857 -0.333333333333 0.03 2.9M
CZR COZIRON RESOURCE vanadium -0.166666666667 -0.4 0.015 26.8M
DEV DEVEX RESOURCES lithium -0.166666666667 0 0.005 5.5M
TMT TECHNOLOGY METAL vanadium -0.170731707317 1.61538461538 0.51 29.9M
MTH MITHRIL RESOURCE lithium -0.181818181818 -0.7 0.009 1.8M
BYH BRYAH RESOURCES manganese -0.217391304348 0 0.09 5.1M
ADV ARDIDEN lithium -0.222222222222 -0.631578947368 0.007 13.4M
PNN PEPINNINI LITHIU lithium -0.222222222222 -0.5625 0.007 4.4M
MZN MARINDI METALS L lithium -0.25 -0.454545454545 0.006 12.5M