Pic via Getty Images
Mining
Where are lithium and other battery metals at today/this week?
Actually, it’s not necessarily great news for the “spot” price of lithium carbonate and the bottoming out narrative this column’s been eyeing up lately.
That said, it’s complicated and is a fraught thing to call one way or another. A spot of profit taking on the overall lithium rebound this year? That’s possible/probable. But then others (see below) are foreseeing lithium surplus being a sticking point for a while yet.
Lithium Price Bot has the facts here, with the LC price taking a 1.73% dip over the past 24 hours.
2024-03-26#Lithium Carbonate 99.5% Min China Spot
Price: $15,282.15
1 day: $-269.69 (-1.73%) 📉
YTD: 11.70%#Spodumene Concentrate (6%, CIF China)Price: $1,076.00
1 day: $-7.0 (-0.65%) 📉
YTD: -18.17%Sponsored by @portofino_porhttps://t.co/8AriAnpGrv
— Lithium Price Bot (@LithiumPriceBot) March 26, 2024
What are some analytical takes on this, though? Here’s one. If anyone’s going to find something positive in this, it’s surely economist and lithium expert Juan Carlos Zuleta, who notes that the average LC futures prices increased at China’s market close yesterday, surpassing average LC spot prices, “resulting in increasing contango”.
At mkt close today (15:00 China time), average LC futures prices rose by 0.97% surpassing average LC spot prices by CNY 3,210 resulting in an increasing contango. Though backwardation would still prevail when comparing main contract LC2407 & the #lithium carbonate spot price. pic.twitter.com/ITccMeyBtb
— Juan Carlos Zuleta (@jczuleta) March 26, 2024
Once again, contango means the situation where the futures price of an underlying commodity is higher than its current spot price and is considered a bullish scenario for where the underlying commodity price might move next.
Citi, though, has some Debbie Downer…ness.
After suggesting, a few weeks ago, that the lithium market had potentially bottomed, banking firm Citi’s commodities experts now aren’t feeling positive about the sector moving into the short to mid term. In fact, they’re downright bearish, really.
The broker reportedly released a note to clients earlier this week, suggesting: “Investors [should] sell the rally as price gains appear to be detached from fundamentals.”
Those fundamentals, believes Citi, revolve around the lithium market moving further into commodity supply surplus over the coming 18 months.
Citi reportedly envisions lithium prices correcting over the next six months to “rebalance the physical market,” wrote the AFR, adding “as lower prices would delay brownfield expansion and force marginal producers to shut”.
Citi has now downgraded its 2024 lithium price outlook, cutting its six to 12-month forecast for lithium carbonate by 17 per cent to $US15,000 a tonne.
There’s been some big news this week regarding an Aussie titan in the lithium space – Pilbara Minerals.
Josh covered it well here and here, in which he grabbed some thoughts from the company’s boss Dale Henderson… but just a quick recap on what’s happening. In some form of nutshell:
Pilbara Minerals has selected Chinese customer Ganfeng as its proposed partner in a proposed 32,000tpa lithium chemical plant linked to an expansion of its Pilgangoora mine.
Becoming a downstream lithium supplier in its own right would have to be the ultimate aim, but partnering 50/50 with a Chinese gun in this capacity for now, leveraging Ganfeng’s expertise, would seem to make good sense.
Among the principles agreed are that Ganfeng consider a sell-down to make the product IRA compliant should it fall foul of US foreign entity of concern provisions.
It appears the companies are looking to base the proposed plant outside of China, with Australia among a list of agreed locations to assess.
A feasibility study is due to be completed in the March quarter of next year, after which an FID will be taken, with no capital to be deployed until FY26, after the P1000 expansion is complete.
The response from various analysts appears to be that this is a positive move.
One investor, James Heal, noted: “More vertical integration with the lithium players moving downstream should IMO: enable more value capture through a lithium units life cycle; smooth earnings away from volatile spot lithium prices; enable a multiple re-rating towards the promised land of ‘speciality chemicals’.”
“We are starting to see a number of the ‘majors’ use the down cycle to better position themselves for the next up cycle,” he continued. “None of this speaks to the industry expecting a protracted down cycle. It might also point to higher lows and lower highs.”
We all need to pay attention to this latest sign of major #Lithium players $PLS $GNEY acting counter cyclically & growing beyond their 'teenage years'.
More vertical integration with the #lithium players moving downstream should IMO:
o enable more value capture through a… pic.twitter.com/XncBhzeL24
— James Heal 📈 (@jdsheal) March 25, 2024
Meanwhile analyst Daniel Jimenez called the PLS Ganfeng downstream move “a very wise decision”, suggesting the best refining know-how of lithium mineral concentrates stems from China for now.
A very wise decision from @PilbaraMinerals to partner with @GanfengOfficial going downstream.
The reasoning is very simple: the refining know how of Li mineral concentrates is in China, no where else.
In the same way that the know how of concentrating minerals is in Australia… https://t.co/qwmrN8D9S6— Daniel Jimenez Sch (@D_Jimenez_Sch) March 25, 2024
Joe “Mr Lithium” Lowry concurs, stating the move is “prescient” from PLS with “no downside”.
Having worked with @GanfengOfficial for many years as a supplier of raw material, purchaser of their product and later as an advisor to the company, I believe @PilbaraMinerals has made another prescient move with no downside. Congrats $PLS pic.twitter.com/iA1wZgqnHh
— Joe Lowry (@globallithium) March 25, 2024
• This, from renowned mining-sector investor Evan Cranston, re what appears to be a good result for Albemarle in a sale of its 10,000t lithium cargo via auction for RMB 9000/t, which is nearly US$1,300/t.
This is a better than expected sale price and the suggestion there is it engenders a bit of hope for a pick-up in the lithium market. Will lithium equities rally as a result?
Hearing that $ALB 10000t spod parcel sold for RMB 9000/t circa US$1300/t
This will be great for Wodgina quality spec.
Hopefully the bottom is behind us 🤭#lithium
— Evan Cranston (@EvanCranston) March 26, 2024
• The Electric Vehicle Council has endorsed the Australian government’s new vehicle efficiency standards as a big step forward, stating: “The government’s NVES model represents strong, ambitious standards that will send a clear signal to the global automotive industry: Australia now demands the same options in electric cars, vans and utes that you offer to the US and Europe.”
• CATL, China’s and the world’s biggest battery producer with a whopping 37% global market share, is scaling up production and has reportedly found a way to charge a battery in 10 minutes. Per market analyst Jessica Amir’s post below, CATL is working on reducing charging times further.
EV battery prices to drop, have greater distance, quicker charging times. This mean EV makers can drop their prices again. (save this for later)
– CATL the worlds’ biggest battery producer ((37% market share) and China’s biggest battery maker is scaling up production and has… pic.twitter.com/hD886iYwfR— Jessica Amir (@JessicaDAmir) March 26, 2024
• Meanwhile…
The 2024 global EV market is off to the races with combined plug in hybrid battery capacity hitting roads in January up 150% year on year, more than double overall growth rate $TSLA #lithium #nickel https://t.co/Y0hCUinPuE pic.twitter.com/pqyyIYqyoK
— Frik Els (@frikels) March 26, 2024
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 4pm March 26.)
Stocks missing from this list? Email [email protected]
| Code | Company | Price | % Week | % Month | % Year | Market Cap |
|---|---|---|---|---|---|---|
| PVW | PVW Res Ltd | 0.027 | 8% | -25% | -65% | $2,737,929 |
| A8G | Australasian Metals | 0.06 | -15% | -25% | -65% | $3,648,435 |
| INF | Infinity Lithium | 0.066 | -7% | -6% | -30% | $31,456,262 |
| LPI | Lithium Pwr Int Ltd | 0.565 | 0% | 4% | 95% | $361,898,974 |
| PSC | Prospect Res Ltd | 0.087 | 9% | 21% | -44% | $37,993,221 |
| PAM | Pan Asia Metals | 0.16 | 0% | 0% | -55% | $26,850,684 |
| CXO | Core Lithium | 0.155 | 0% | -31% | -80% | $331,225,009 |
| LOT | Lotus Resources Ltd | 0.4 | 0% | 23% | 158% | $769,110,765 |
| AGY | Argosy Minerals Ltd | 0.13 | -16% | 4% | -70% | $182,572,975 |
| AZS | Azure Minerals | 3.64 | 1% | 4% | 1200% | $1,674,180,449 |
| NWC | New World Resources | 0.04 | 0% | 11% | -7% | $93,008,174 |
| QXR | Qx Resources Limited | 0.017 | 6% | -11% | -45% | $18,871,324 |
| GSR | Greenstone Resources | 0.007 | 0% | 0% | -67% | $9,576,794 |
| CAE | Cannindah Resources | 0.055 | -8% | -20% | -73% | $34,106,717 |
| AZL | Arizona Lithium Ltd | 0.025 | -11% | 4% | -42% | $91,474,019 |
| RIL | Redivium Limited | 0.004 | 33% | 14% | -60% | $10,923,419 |
| COB | Cobalt Blue Ltd | 0.145 | 0% | 0% | -57% | $54,848,187 |
| ESS | Essential Metals Ltd | 0 | -100% | -100% | -100% | $135,278,382 |
| LPD | Lepidico Ltd | 0.0055 | 10% | -21% | -45% | $38,191,540 |
| MRD | Mount Ridley Mines | 0.002 | 0% | 0% | -33% | $11,677,324 |
| CZN | Corazon Ltd | 0.01 | 11% | 11% | -33% | $6,771,577 |
| LKE | Lake Resources | 0.067 | -4% | -44% | -86% | $108,086,951 |
| DEV | Devex Resources Ltd | 0.28 | -7% | -10% | 22% | $121,327,435 |
| INR | Ioneer Ltd | 0.16 | 0% | 19% | -44% | $369,602,126 |
| AVZ | AVZ Minerals Ltd | 0.78 | 0% | 0% | 0% | $2,752,409,203 |
| MAN | Mandrake Res Ltd | 0.037 | -3% | -8% | -18% | $22,167,357 |
| RLC | Reedy Lagoon Corp. | 0.004 | 0% | 0% | -31% | $2,478,163 |
| GBR | Greatbould Resources | 0.055 | -8% | -10% | -37% | $35,412,225 |
| FRS | Forrestaniaresources | 0.016 | -11% | -27% | -82% | $2,750,358 |
| STK | Strickland Metals | 0.087 | 1% | 12% | 142% | $142,852,182 |
| MLX | Metals X Limited | 0.335 | -9% | 16% | 22% | $317,543,123 |
| CLA | Celsius Resource Ltd | 0.014 | -7% | 17% | -7% | $31,444,723 |
| FGR | First Graphene Ltd | 0.057 | 0% | -2% | -30% | $37,560,248 |
| HXG | Hexagon Energy | 0.023 | -15% | 77% | 92% | $11,797,066 |
| TLG | Talga Group Ltd | 0.75 | -7% | -19% | -51% | $286,714,400 |
| MNS | Magnis Energy Tech | 0.042 | 0% | 0% | -86% | $50,378,922 |
| OZL | OZ Minerals | 0 | -100% | -100% | -100% | $8,918,404,433 |
| PLL | Piedmont Lithium Inc | 0.18 | -3% | -8% | -76% | $71,009,013 |
| EUR | European Lithium Ltd | 0.068 | 3% | -21% | 8% | $100,385,221 |
| BKT | Black Rock Mining | 0.082 | -6% | 34% | -37% | $89,992,737 |
| QEM | QEM Limited | 0.15 | -6% | 0% | -19% | $24,222,674 |
| LYC | Lynas Rare Earths | 5.59 | -2% | -5% | -12% | $5,402,533,262 |
| ESR | Estrella Res Ltd | 0.004 | 0% | 0% | -64% | $8,796,859 |
| ARL | Ardea Resources Ltd | 0.72 | -3% | 71% | 44% | $135,941,671 |
| GLN | Galan Lithium Ltd | 0.385 | 1% | 17% | -59% | $147,949,901 |
| JLL | Jindalee Lithium Ltd | 0.725 | -7% | -16% | -69% | $44,460,236 |
| VUL | Vulcan Energy | 2.97 | -2% | 27% | -47% | $483,525,152 |
| SBR | Sabre Resources | 0.018 | 0% | -5% | -36% | $7,110,977 |
| CHN | Chalice Mining Ltd | 1.03 | -6% | 0% | -84% | $418,135,552 |
| VRC | Volt Resources Ltd | 0.006 | 20% | -14% | -43% | $24,780,640 |
| NMT | Neometals Ltd | 0.13 | -7% | -4% | -78% | $87,193,444 |
| AXN | Alliance Nickel Ltd | 0.035 | -13% | -3% | -63% | $26,130,226 |
| PNN | Power Minerals Ltd | 0.135 | -27% | -23% | -54% | $11,795,774 |
| IGO | IGO Limited | 6.97 | -10% | -7% | -42% | $5,391,746,829 |
| GED | Golden Deeps | 0.049 | 14% | 23% | -39% | $5,082,983 |
| ADV | Ardiden Ltd | 0.16 | -3% | -3% | -47% | $9,690,213 |
| SRI | Sipa Resources Ltd | 0.019 | 0% | -5% | -17% | $4,335,005 |
| NTU | Northern Min Ltd | 0.031 | -6% | 3% | -23% | $183,240,357 |
| AXE | Archer Materials | 0.54 | 29% | 30% | 21% | $151,633,973 |
| PGM | Platina Resources | 0.02 | 11% | 11% | 11% | $12,463,607 |
| AAJ | Aruma Resources Ltd | 0.017 | -6% | 13% | -70% | $3,347,156 |
| IXR | Ionic Rare Earths | 0.018 | 0% | 0% | -33% | $80,040,343 |
| NIC | Nickel Industries | 0.77 | -4% | 5% | -13% | $3,364,360,756 |
| EVG | Evion Group NL | 0.023 | 10% | -12% | -58% | $7,611,102 |
| CWX | Carawine Resources | 0.11 | 5% | 16% | 14% | $25,973,799 |
| PLS | Pilbara Min Ltd | 3.74 | -5% | -4% | 5% | $11,676,735,627 |
| HAS | Hastings Tech Met | 0.605 | -2% | -4% | -75% | $78,775,024 |
| BUX | Buxton Resources Ltd | 0.1 | -13% | -26% | -49% | $17,324,689 |
| ARR | American Rare Earths | 0.235 | -18% | -19% | 15% | $138,158,524 |
| SGQ | St George Min Ltd | 0.021 | 0% | 5% | -57% | $21,747,890 |
| TKL | Traka Resources | 0.002 | 0% | 0% | -58% | $3,501,317 |
| PAN | Panoramic Resources | 0.035 | 0% | 0% | -77% | $103,937,992 |
| PRL | Province Resources | 0.041 | 0% | 0% | 8% | $48,441,219 |
| IPT | Impact Minerals | 0.014 | -7% | 27% | 40% | $40,105,854 |
| LIT | Lithium Australia | 0.029 | -6% | 4% | -17% | $37,891,042 |
| AKE | Allkem Limited | 0 | -100% | -100% | -100% | $6,304,350,967 |
| ARN | Aldoro Resources | 0.075 | -4% | -13% | -63% | $10,500,652 |
| JRV | Jervois Global Ltd | 0.025 | 4% | 0% | -79% | $67,563,017 |
| MCR | Mincor Resources NL | 0 | -100% | -100% | -100% | $751,215,521 |
| SYR | Syrah Resources | 0.49 | -9% | -15% | -66% | $422,046,467 |
| FBM | Future Battery | 0.056 | -10% | 4% | -15% | $29,890,335 |
| ADD | Adavale Resource Ltd | 0.006 | 20% | 20% | -45% | $6,095,878 |
| LTR | Liontown Resources | 1.14 | -8% | -2% | -23% | $2,835,200,772 |
| CTM | Centaurus Metals Ltd | 0.315 | 5% | 26% | -64% | $148,499,201 |
| VML | Vital Metals Limited | 0.004 | 0% | 0% | -76% | $23,580,268 |
| BSX | Blackstone Ltd | 0.061 | 2% | 5% | -59% | $33,022,781 |
| POS | Poseidon Nick Ltd | 0.006 | -14% | -14% | -83% | $25,994,743 |
| CHR | Charger Metals | 0.115 | -8% | -8% | -52% | $8,903,329 |
| AVL | Aust Vanadium Ltd | 0.016 | -6% | -6% | -58% | $146,342,854 |
| AUZ | Australian Mines Ltd | 0.012 | -8% | -25% | -60% | $15,678,132 |
| TMT | Technology Metals | 0 | -100% | -100% | -100% | $67,134,856 |
| RXL | Rox Resources | 0.1525 | -8% | -2% | -47% | $57,249,910 |
| RNU | Renascor Res Ltd | 0.085 | 2% | -7% | -59% | $215,849,637 |
| GL1 | Globallith | 0.51 | -7% | -2% | -54% | $137,940,608 |
| BRB | Breaker Res NL | 0 | -100% | -100% | -100% | $158,126,031 |
| ASN | Anson Resources Ltd | 0.089 | -3% | 0% | -49% | $113,232,082 |
| SYA | Sayona Mining Ltd | 0.039 | -3% | -3% | -79% | $401,438,545 |
| FFX | Firefinch Ltd | 0.2 | 0% | 0% | 0% | $236,569,315 |
| EGR | Ecograf Limited | 0.18 | 1% | 24% | 0% | $81,725,727 |
| ATM | Aneka Tambang | 1.1 | 0% | 0% | 0% | $1,434,014 |
| TVN | Tivan Limited | 0.05 | -15% | -11% | -33% | $80,017,966 |
| ALY | Alchemy Resource Ltd | 0.006 | -25% | -14% | -57% | $7,068,458 |
| GAL | Galileo Mining Ltd | 0.275 | 15% | 15% | -57% | $53,358,730 |
| BHP | BHP Group Limited | 43.62 | 0% | -1% | 0% | $222,416,301,854 |
| LEL | Lithenergy | 0.48 | -17% | 5% | -17% | $55,620,808 |
| MMC | Mitremining | 0.385 | 20% | 40% | 40% | $35,220,141 |
| RMX | Red Mount Min Ltd | 0.002 | 0% | 0% | -50% | $5,347,152 |
| GW1 | Greenwing Resources | 0.07 | -11% | -3% | -62% | $12,687,604 |
| AQD | Ausquest Limited | 0.01 | -9% | -17% | -41% | $9,076,641 |
| LML | Lincoln Minerals | 0.008 | 60% | 33% | -60% | $11,928,317 |
| 1MC | Morella Corporation | 0.0035 | 17% | -13% | -50% | $24,715,198 |
| REE | Rarex Limited | 0.016 | 0% | -20% | -67% | $10,934,185 |
| MRC | Mineral Commodities | 0.026 | 8% | 8% | -55% | $25,596,288 |
| PUR | Pursuit Minerals | 0.005 | 0% | 0% | -75% | $13,247,871 |
| QPM | Queensland Pacific | 0.041 | -5% | 11% | -63% | $90,564,314 |
| EMH | European Metals Hldg | 0.27 | -16% | -13% | -53% | $33,582,760 |
| BMM | Balkanminingandmin | 0.061 | -8% | -19% | -73% | $4,333,471 |
| PEK | Peak Rare Earths Ltd | 0.2 | 8% | -13% | -60% | $53,188,352 |
| LEG | Legend Mining | 0.015 | 7% | -6% | -66% | $43,567,158 |
| MOH | Moho Resources | 0.006 | 0% | 0% | -68% | $3,235,069 |
| AML | Aeon Metals Ltd. | 0.006 | -14% | -14% | -73% | $6,578,404 |
| G88 | Golden Mile Res Ltd | 0.012 | 9% | 0% | -25% | $4,523,451 |
| WKT | Walkabout Resources | 0.125 | 9% | 9% | 19% | $80,551,374 |
| TON | Triton Min Ltd | 0.016 | 7% | -6% | -41% | $24,982,283 |
| AR3 | Austrare | 0.105 | -5% | -16% | -48% | $17,151,408 |
| ARU | Arafura Rare Earths | 0.195 | -5% | 34% | -58% | $450,508,927 |
| MIN | Mineral Resources. | 67.73 | -1% | 6% | -12% | $13,604,494,032 |
| VMC | Venus Metals Cor Ltd | 0.105 | 22% | 9% | 17% | $20,870,155 |
| S2R | S2 Resources | 0.13 | 4% | -7% | -4% | $58,871,539 |
| CNJ | Conico Ltd | 0.002 | -20% | -20% | -78% | $3,140,190 |
| VR8 | Vanadium Resources | 0.043 | 5% | 8% | -39% | $25,773,809 |
| PVT | Pivotal Metals Ltd | 0.017 | 21% | -6% | -48% | $9,857,656 |
| BOA | Boadicea Resources | 0.025 | 4% | 4% | -66% | $2,837,115 |
| IPX | Iperionx Limited | 2.27 | 14% | -1% | 215% | $525,990,940 |
| SLZ | Sultan Resources Ltd | 0.012 | -8% | -25% | -73% | $2,371,038 |
| NKL | Nickelxltd | 0.029 | -9% | -19% | -52% | $2,634,455 |
| NVA | Nova Minerals Ltd | 0.25 | -6% | -9% | -44% | $59,049,217 |
| MLS | Metals Australia | 0.023 | 5% | -23% | -38% | $15,562,130 |
| MQR | Marquee Resource Ltd | 0.02 | 0% | -9% | 0% | $8,267,688 |
| MRR | Minrex Resources Ltd | 0.0135 | -4% | 13% | -39% | $14,103,278 |
| EVR | Ev Resources Ltd | 0.009 | -18% | -36% | -31% | $11,891,443 |
| EFE | Eastern Resources | 0.007 | -7% | 0% | -30% | $9,935,572 |
| CNB | Carnaby Resource Ltd | 0.62 | 11% | 18% | -40% | $109,107,046 |
| BNR | Bulletin Res Ltd | 0.066 | 0% | -19% | -26% | $19,084,866 |
| AX8 | Accelerate Resources | 0.038 | 15% | 41% | 73% | $25,008,824 |
| AM7 | Arcadia Minerals | 0.075 | 9% | 7% | -66% | $7,633,507 |
| AS2 | Askarimetalslimited | 0.06 | -29% | -29% | -87% | $5,093,614 |
| BYH | Bryah Resources Ltd | 0.01 | -9% | 25% | -47% | $4,354,535 |
| DTM | Dart Mining NL | 0.017 | 13% | 21% | -61% | $3,868,854 |
| EMS | Eastern Metals | 0.029 | 0% | -22% | -53% | $2,390,361 |
| FG1 | Flynngold | 0.048 | 7% | -4% | -40% | $6,893,918 |
| GSM | Golden State Mining | 0.01 | 0% | 0% | -69% | $2,793,706 |
| IMI | Infinitymining | 0.07 | -14% | -42% | -63% | $8,312,737 |
| LRV | Larvottoresources | 0.073 | 12% | 9% | -46% | $15,205,592 |
| LSR | Lodestar Minerals | 0.002 | 33% | 0% | -60% | $4,046,795 |
| RAG | Ragnar Metals Ltd | 0.02 | 5% | 0% | 40% | $9,479,619 |
| CTN | Catalina Resources | 0.004 | 0% | -20% | -43% | $4,953,948 |
| TMB | Tambourahmetals | 0.08 | 0% | -13% | -8% | $6,552,288 |
| TEM | Tempest Minerals | 0.01 | 11% | 43% | -55% | $4,672,120 |
| EMC | Everest Metals Corp | 0.08 | 1% | -4% | 14% | $13,142,649 |
| WML | Woomera Mining Ltd | 0.006 | 50% | 20% | -45% | $4,872,556 |
| KZR | Kalamazoo Resources | 0.087 | -2% | -9% | -38% | $15,207,908 |
| LMG | Latrobe Magnesium | 0.052 | 6% | 0% | -15% | $91,088,034 |
| KOR | Korab Resources | 0.01 | 0% | 43% | -41% | $3,670,500 |
| CMX | Chemxmaterials | 0.053 | 6% | -18% | -52% | $4,947,188 |
| NC1 | Nicoresourceslimited | 0.15 | -9% | -25% | -71% | $17,472,092 |
| GRE | Greentechmetals | 0.25 | -12% | 14% | 108% | $22,846,993 |
| CMO | Cosmometalslimited | 0.042 | 11% | -9% | -63% | $3,833,060 |
| FRB | Firebird Metals | 0.125 | 2% | 9% | -7% | $17,083,368 |
| S32 | South32 Limited | 2.89 | -7% | 0% | -30% | $13,406,605,361 |
| OMH | OM Holdings Limited | 0.425 | 4% | -2% | -42% | $325,659,140 |
| JMS | Jupiter Mines. | 0.21 | 14% | 20% | -2% | $421,293,644 |
| E25 | Element 25 Ltd | 0.23 | -12% | 7% | -62% | $51,119,629 |
| EMN | Euromanganese | 0.086 | -8% | 1% | -60% | $19,720,925 |
| KGD | Kula Gold Limited | 0.0075 | -6% | -6% | -58% | $3,891,695 |
| LRS | Latin Resources Ltd | 0.18 | -8% | -5% | 80% | $489,898,406 |
| CRR | Critical Resources | 0.014 | -18% | -26% | -59% | $24,889,904 |
| ENT | Enterprise Metals | 0.003 | 0% | 0% | -63% | $2,405,913 |
| SCN | Scorpion Minerals | 0.038 | 27% | 100% | -33% | $16,378,248 |
| GCM | Green Critical Min | 0.005 | -17% | 0% | -58% | $5,682,925 |
| ENV | Enova Mining Limited | 0.025 | -17% | -51% | 108% | $18,484,092 |
| RBX | Resource B | 0.046 | 2% | -2% | -67% | $3,803,486 |
| AKN | Auking Mining Ltd | 0.021 | 17% | -16% | -64% | $4,942,428 |
| RR1 | Reach Resources Ltd | 0.003 | 9% | 64% | -18% | $9,836,169 |
| EMT | Emetals Limited | 0.005 | 0% | -17% | -44% | $4,250,000 |
| PNT | Panthermetalsltd | 0.035 | -8% | -19% | -71% | $3,050,816 |
| WIN | Widgienickellimited | 0.054 | -4% | 38% | -81% | $17,280,813 |
| WMG | Western Mines | 0.175 | 6% | 6% | 9% | $11,230,980 |
| AVW | Avira Resources Ltd | 0.001 | 0% | 0% | -67% | $2,133,790 |
| CAI | Calidus Resources | 0.12 | -27% | -17% | -49% | $74,201,465 |
| GT1 | Greentechnology | 0.14 | -7% | 4% | -78% | $44,625,294 |
| KAI | Kairos Minerals Ltd | 0.012 | -14% | 0% | -34% | $32,761,402 |
| MTM | MTM Critical Metals | 0.07 | -7% | -33% | -30% | $8,949,338 |
| NWM | Norwest Minerals | 0.029 | 16% | -6% | 0% | $9,702,977 |
| PGD | Peregrine Gold | 0.21 | -9% | -11% | -48% | $13,236,292 |
| RAS | Ragusa Minerals Ltd | 0.025 | -17% | 9% | -65% | $3,564,970 |
| RGL | Riversgold | 0.007 | -13% | -13% | -56% | $6,773,630 |
| SRZ | Stellar Resources | 0.014 | -7% | 56% | 17% | $20,107,963 |
| STM | Sunstone Metals Ltd | 0.013 | 18% | 18% | -55% | $42,007,819 |
| ZNC | Zenith Minerals Ltd | 0.092 | -8% | 0% | -52% | $30,304,756 |
| WC8 | Wildcat Resources | 0.63 | -11% | -1% | 2150% | $814,430,901 |
| ASO | Aston Minerals Ltd | 0.013 | -7% | -13% | -87% | $18,778,432 |
| THR | Thor Energy PLC | 0.023 | -8% | -12% | -43% | $4,420,131 |
| YAR | Yari Minerals Ltd | 0.005 | -29% | 0% | -71% | $2,894,147 |
| IG6 | Internationalgraphit | 0.155 | -14% | 19% | -11% | $13,793,157 |
| LPM | Lithium Plus | 0.15 | -3% | -17% | -29% | $12,898,230 |
| ODE | Odessa Minerals Ltd | 0.006 | 20% | -25% | -25% | $5,216,413 |
| KOB | Kobaresourceslimited | 0.1 | -13% | -20% | -29% | $13,693,750 |
| AZI | Altamin Limited | 0.053 | 6% | 8% | -28% | $21,942,452 |
| FTL | Firetail Resources | 0.04 | -11% | -13% | -60% | $5,956,222 |
| LNR | Lanthanein Resources | 0.003 | 0% | -25% | -80% | $5,864,727 |
| CLZDC | Classic Min Ltd | 0.016 | -68% | -68% | -84% | $3,609,224 |
| NVX | Novonix Limited | 0.85 | -5% | -3% | -26% | $435,093,972 |
| OCN | Oceanalithiumlimited | 0.058 | -3% | 5% | -81% | $2,974,208 |
| SUM | Summitminerals | 0.063 | 3% | -15% | -50% | $3,002,399 |
| DVP | Develop Global Ltd | 2.37 | -1% | 10% | -19% | $579,942,059 |
| OD6 | Od6Metalsltd | 0.08 | -15% | -11% | -59% | $4,786,348 |
| HRE | Heavy Rare Earths | 0.04 | -7% | -5% | -60% | $2,419,517 |
| LIN | Lindian Resources | 0.12 | -4% | -14% | -49% | $138,230,668 |
| PEK | Peak Rare Earths Ltd | 0.2 | 8% | -13% | -60% | $53,188,352 |
| ILU | Iluka Resources | 7 | -4% | 1% | -31% | $3,110,704,336 |
| ASM | Ausstratmaterials | 1.43 | 44% | 43% | 14% | $248,520,053 |
| ETM | Energy Transition | 0.039 | 8% | 18% | -15% | $51,802,213 |
| VMS | Venture Minerals | 0.023 | 15% | 44% | 15% | $52,133,633 |
| IDA | Indiana Resources | 0.078 | -3% | -1% | 66% | $47,534,954 |
| VTM | Victory Metals Ltd | 0.24 | -13% | 0% | 7% | $21,163,911 |
| M2R | Miramar | 0.018 | 0% | 0% | -56% | $2,679,652 |
| WCN | White Cliff Min Ltd | 0.015 | 7% | -6% | 67% | $24,365,811 |
| TAR | Taruga Minerals | 0.006 | -25% | -25% | -57% | $4,942,187 |
| ABX | ABX Group Limited | 0.053 | -20% | -21% | -56% | $13,752,217 |
| MEK | Meeka Metals Limited | 0.034 | -6% | 0% | -23% | $43,214,813 |
| RR1 | Reach Resources Ltd | 0.003 | 9% | 64% | -18% | $9,836,169 |
| DRE | Dreadnought Resources Ltd | 0.018 | 6% | -10% | -70% | $62,668,313 |
| KFM | Kingfisher Mining | 0.084 | -3% | 0% | -58% | $5,102,925 |
| AOA | Ausmon Resorces | 0.003 | 50% | 50% | -40% | $3,176,998 |
| WC1 | Westcobarmetals | 0.049 | 7% | 9% | -44% | $5,798,416 |
| GRL | Godolphin Resources | 0.036 | 13% | -5% | -43% | $5,923,471 |
| DM1 | Desert Metals | 0.03 | 7% | 0% | -74% | $7,962,771 |
| PTR | Petratherm Ltd | 0.022 | 10% | -4% | -61% | $4,270,272 |
| ITM | Itech Minerals Ltd | 0.078 | 1% | -10% | -69% | $9,538,118 |
| KTA | Krakatoa Resources | 0.009 | -10% | -36% | -69% | $3,776,858 |
| M24 | Mamba Exploration | 0.026 | 4% | -16% | -66% | $4,786,139 |
| LNR | Lanthanein Resources | 0.003 | 0% | -25% | -80% | $5,864,727 |
| TKM | Trek Metals Ltd | 0.038 | 9% | 0% | -42% | $17,957,690 |
| BCA | Black Canyon Limited | 0.11 | 10% | 0% | -48% | $7,014,146 |
| CDT | Castle Minerals | 0.007 | 17% | 0% | -61% | $7,959,204 |
| DLI | Delta Lithium | 0.28 | -13% | -5% | -6% | $221,156,214 |
| A11 | Atlantic Lithium | 0.365 | -1% | -6% | -22% | $237,129,204 |
| KNI | Kunikolimited | 0.265 | 0% | 33% | -45% | $23,393,952 |
| CY5 | Cygnus Metals Ltd | 0.051 | 2% | -16% | -77% | $14,286,398 |
| WR1 | Winsome Resources | 0.81 | -13% | 14% | -40% | $162,167,293 |
| LLI | Loyal Lithium Ltd | 0.3 | 0% | 7% | 36% | $24,153,323 |
| BC8 | Black Cat Syndicate | 0.215 | 8% | 6% | -43% | $66,107,485 |
| BUR | Burleyminerals | 0.065 | 8% | 2% | -70% | $6,779,289 |
| PBL | Parabellumresources | 0.07 | 30% | -10% | -80% | $4,361,000 |
| L1M | Lightning Minerals | 0.068 | 3% | -1% | -51% | $2,871,304 |
| WA1 | Wa1Resourcesltd | 11.5 | -2% | -4% | 927% | $701,688,004 |
| EV1 | Evolutionenergy | 0.096 | -13% | 1% | -59% | $27,427,800 |
| 1AE | Auroraenergymetals | 0.1 | -13% | -17% | 4% | $16,716,728 |
| RVT | Richmond Vanadium | 0.345 | 13% | -9% | -14% | $29,741,693 |
| PMT | Patriotbatterymetals | 0.885 | -9% | 16% | -28% | $512,407,336 |
| PAT | Patriot Lithium | 0.09 | 20% | 8% | -63% | $6,404,776 |
| BM8 | Battery Age Minerals | 0.1 | -20% | -43% | -72% | $9,634,833 |
| OM1 | Omnia Metals Group | 0.078 | 0% | 0% | -68% | $4,408,998 |
| VHM | Vhmlimited | 0.4975 | -4% | -2% | -37% | $77,727,643 |
| LLL | Leolithiumlimited | 0.505 | 0% | 0% | 16% | $498,553,663 |
| SRN | Surefire Rescs NL | 0.01 | 0% | 0% | -57% | $19,863,078 |
| SRL | Sunrise | 0.57 | 21% | 52% | -61% | $58,647,874 |
| SYR | Syrah Resources | 0.49 | -9% | -15% | -66% | $422,046,467 |
| EG1 | Evergreenlithium | 0.11 | 16% | 5% | 0% | $6,185,300 |
| WSR | Westar Resources | 0.012 | 0% | -29% | -66% | $2,224,290 |
| LU7 | Lithium Universe Ltd | 0.02 | 5% | -9% | -33% | $7,770,438 |
| MEI | Meteoric Resources | 0.235 | 2% | 34% | 81% | $467,678,164 |
| REC | Rechargemetals | 0.05 | -12% | -34% | -55% | $7,098,688 |
| SLM | Solismineralsltd | 0.105 | 9% | -13% | -9% | $7,807,725 |
| DYM | Dynamicmetalslimited | 0.185 | -5% | 16% | 9% | $7,020,000 |
| TOR | Torque Met | 0.15 | 0% | -12% | 52% | $21,427,493 |
| ICL | Iceni Gold | 0.024 | 4% | -11% | -71% | $5,917,465 |
| TMX | Terrain Minerals | 0.004 | -11% | -11% | -20% | $5,726,683 |
| MHC | Manhattan Corp Ltd | 0.0025 | -17% | -17% | -55% | $8,810,939 |
| MHK | Metalhawk. | 0.065 | -7% | -7% | -38% | $6,461,939 |
| ANX | Anax Metals Ltd | 0.02 | -9% | 5% | -68% | $12,476,303 |
| FIN | FIN Resources Ltd | 0.018 | -5% | 20% | 0% | $11,686,837 |
| LM1 | Leeuwin Metals Ltd | 0.079 | -8% | -10% | 0% | $3,607,579 |
| HAW | Hawthorn Resources | 0.075 | 7% | -10% | -10% | $25,126,171 |
| LCY | Legacy Iron Ore | 0.015 | 7% | 0% | 0% | $115,703,224 |
| RON | Roninresourcesltd | 0.12 | 14% | 4% | -17% | $4,419,001 |
| ASR | Asra Minerals Ltd | 0.0045 | -10% | -10% | -63% | $8,319,979 |
| PFE | Panteraminerals | 0.053 | 29% | 8% | -42% | $11,200,729 |
| KM1 | Kalimetalslimited | 0.405 | -10% | 1% | 0% | $32,827,101 |
| LTM | Arcadium Lithium PLC | 6.44 | -9% | -11% | 0% | $2,727,149,213 |
Mining
Mining
Break It Down
