Demand for nickel will skyrocket over the next decade. Image via Getty.
Mining
Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.
The analysts at Benchmark Intelligence believe US$66 billion will need to be sunk into producing nickel by 2030, the highest cost of any battery-related commodities.
Lithium has its struggles too, as explained here when we talked about Benchmark’s new battery arms race analysis yesterday.
Most nickel demand is for items found in people’s kitchens such as stainless steel pots and pans which account for ~50% of its use.
Thing is, batteries are driving demand way above nickel supply forecasts. This year, that demand accounts for 15%, yet Benchmark analysts envisage this to rise to ~32% by 2030, according to Benchmark’s Nickel Forecast.
Because of this, the Australian government’s new Critical Minerals Strategy 2023-2030 aims to help fast-track local production and refinement, of which nickel is looped in to.
$500m in funding through its Northern Australia Infrastructure Fund (NAIF) will be directed towards enhancing project development across the next seven years.
“The new Critical Minerals Strategy outlines the enormous opportunity to develop the sector and new downstream industries which will support Australia’s economy and global efforts to lower emissions for decades to come,” Federal Resources Minister Madeleine King said.
However, it may not be enough.
Benchmark says the battery industry as a whole requires at least US$514 billion across the entire supply chain to meet expected demand by 2030.
Not only that, they reckon we’ll need an extra US$406bn in the following five years to 2035.
And producing the critical raw materials will require US$220 billion (43% of the total), with nickel and lithium accounting for over half of that.
“The energy transition is still in its early stages and massive capital deployment is going to be needed in order to meet the goals of industry and policy makers,” Benchmark COO Andrew Miller said.
“Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Batteries are the platform technology for clean energy goals, so financing these supply chains is at the heart of the race towards net zero.”
Here’s what a few local explorers with advanced-stage nickel projects are doing at the moment:
ARL is in the midst of developing its flagship Kalgoorlie Nickel Project (KNP) in WA’s goldfields, which is touted by many observers as the largest nickel-cobalt resource in Australia, with a resource of 830Mt at 0.71% nickel and 0.046% cobalt for 5.9Mt of contained nickel and 380kt of contained cobalt.
It’s on the cusp of a big milestone – the release of KNP’s long-awaited pre-feasibility study (PFS) which potential partners are keenly waiting for before they enter into offtake agreements.
At this stage, Ardea still retains 100% of nickel-cobalt offtake, so partnerships will be key to funding project development.
The PFS is due any moment now, and if it’s a cracker, Ardea could well become a beneficiary of some extra funding from the government via Australia’s critical mineral strategy.
As sweeteners, Ardea is also in advanced-stage exploration activities at its nearby Emu Lake nickel-sulphide project and critical mineral targets such as scandium and REE’s throughout its KNP tenements.
CTM is the proud owner of one of the world’s largest undeveloped nickel sulphide projects.
Its Jaguar project in Brazil has a current proposed output of 20,600t of nickel and 600t of cobalt annually over a 12-year mine life.
The company is on its way to completing a definitive feasibility study (DFS) after it confirmed its ore could be processed into battery-grade nickel-sulphide concentrate.
CTM also recently unveiled a deal to buy the off-take rights for Jaguar from Brazilian mining giant Vale, clearing a path to pursue strategic investment to develop a large-scale nickel asset.
As well as completing the DFS for Jaguar, the nickel developer is currently conducting further drilling for another resource upgrade.
Alliance is well on its way to becoming a nickel-cobalt producer from its NiWest project in the WA Goldfields.
It’s currently in the middle of a DFS for NiWest, which aims to produce 456,000t of nickel in nickel sulphate and 31,400t of cobalt in cobalt sulphate over its mine life, with an annual production of 19,200t of nickel and 1,400t of cobalt over the first 15 years of an anticipated 27-year mine life.
Recently, it signed a huge offtake deal with automaker Stellantis which produces the Peugeot, Chrysler, Alfa Romeo, Jeep, Dodge and Fiat car brands.
Stellantis has agreed to take 40% of its nickel and cobalt sulphate produced over the first five years and has spent $15m for an 11.5% shareholding in AXN and the right to nominate a director to the board.
Check out how this big basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese, and vanadium is performing>>>
Battery metals stocks missing from our list? Shoot a mail to [email protected].
| Code | Company | % Week | YTD% | % 12 Month | Price | MktCap |
|---|---|---|---|---|---|---|
| GRE | Greentech Metals | 352% | 34% | 102% | 0.475 | $19,697,506 |
| G88 | Golden Mile Res Ltd | 83% | 2% | 20% | 0.044 | $12,889,155 |
| SCN | Scorpion Minerals | 36% | 3% | 32% | 0.095 | $31,113,557 |
| KFM | Kingfisher Mining | 35% | -17% | 9% | 0.31 | $15,040,200 |
| AZS | Azure Minerals | 32% | 88% | 323% | 1.1 | $401,943,154 |
| DTM | Dart Mining NL | 29% | 0% | 0% | 0.058 | $9,992,659 |
| BM8 | Battery Age Minerals | 29% | -5% | -10% | 0.45 | $33,398,173 |
| FRS | Forrestania Resources | 27% | -6% | -35% | 0.084 | $5,114,869 |
| IPX | Iperionx Limited | 26% | 51% | 47% | 1.2 | $230,292,188 |
| FBM | Future Battery | 25% | 10% | 124% | 0.15 | $59,898,319 |
| LML | Lincoln Minerals | 23% | 1% | 133% | 0.016 | $9,199,739 |
| AS2 | Askari Metals | 23% | -11% | 23% | 0.325 | $20,597,672 |
| MMC | Mitre Mining | 22% | 5% | 175% | 0.33 | $10,897,004 |
| LLL | Leo Lithium | 18% | 58% | 0% | 1.06 | $1,105,135,397 |
| PSC | Prospect Res Ltd | 17% | 2% | 181% | 0.135 | $50,848,541 |
| CTN | Catalina Resources | 17% | -1% | -56% | 0.0035 | $4,334,704 |
| RBX | Resource B | 17% | 13% | 45% | 0.21 | $15,554,664 |
| CTM | Centaurus Metals Ltd | 16% | -22% | -4% | 0.9 | $385,760,646 |
| NWM | Norwest Minerals | 16% | -2% | 24% | 0.036 | $9,717,208 |
| TKM | Trek Metals Ltd | 15% | 0% | 27% | 0.076 | $33,798,771 |
| TKL | Traka Resources | 14% | 0% | 0% | 0.008 | $6,970,634 |
| FTL | Firetail Resources | 14% | -4% | -56% | 0.12 | $9,240,000 |
| COB | Cobalt Blue Ltd | 14% | -30% | -52% | 0.285 | $107,316,684 |
| IXR | Ionic Rare Earths | 14% | -1% | -36% | 0.025 | $98,652,623 |
| SBR | Sabre Resources | 13% | -1% | -48% | 0.026 | $7,578,641 |
| JRV | Jervois Global Ltd | 13% | -20% | -84% | 0.079 | $168,465,425 |
| AXE | Archer Materials | 13% | 5% | 9% | 0.665 | $160,553,618 |
| RMX | Red Mount Min Ltd | 13% | 0% | -10% | 0.0045 | $10,223,330 |
| SLZ | Sultan Resources Ltd | 13% | -4% | -55% | 0.045 | $6,520,362 |
| DLI | Delta Lithium | 12% | 26% | 126% | 0.735 | $377,415,782 |
| RAG | Ragnar Metals Ltd | 11% | 1% | -50% | 0.02 | $7,583,698 |
| EMH | European Metals Hldg | 11% | 28% | 38% | 0.92 | $113,884,494 |
| GRL | Godolphin Resources | 11% | -3% | -45% | 0.052 | $6,155,211 |
| VUL | Vulcan Energy | 10% | -229% | -25% | 4.04 | $694,441,499 |
| STM | Sunstone Metals Ltd | 10% | -2% | -42% | 0.022 | $70,885,652 |
| RNU | Renascor Res Ltd | 10% | -2% | 32% | 0.1975 | $507,881,500 |
| MOH | Moho Resources | 9% | -1% | -57% | 0.012 | $3,114,933 |
| WR1 | Winsome Resources | 9% | 46% | 724% | 1.69 | $267,278,805 |
| S2R | S2 Resources | 8% | -4% | -4% | 0.13 | $57,412,813 |
| MIN | Mineral Resources. | 8% | -388% | 52% | 73.32 | $14,381,895,661 |
| DRE | Dreadnought Resources Ltd | 8% | -5% | 31% | 0.055 | $183,025,052 |
| IPT | Impact Minerals | 8% | 1% | 75% | 0.014 | $36,981,151 |
| ADD | Adavale Resource Ltd | 8% | 1% | 7% | 0.028 | $14,547,204 |
| EMC | Everest Metals Corp | 8% | 6% | 33% | 0.14 | $16,826,304 |
| BUR | Burley Minerals | 8% | -1% | 116% | 0.21 | $15,670,159 |
| REC | Recharge Metals | 7% | 115% | 45% | 0.29 | $27,490,550 |
| WCN | White Cliff Min Ltd | 7% | -1% | -50% | 0.008 | $6,713,381 |
| LRS | Latin Resources Ltd | 7% | 10% | 238% | 0.2025 | $510,164,317 |
| AXN | Alliance Nickel Ltd | 6% | 1% | 1% | 0.1 | $71,310,628 |
| PAN | Panoramic Resources | 6% | -7% | -49% | 0.105 | $215,345,970 |
| GSR | Greenstone Resources | 6% | -1% | -64% | 0.018 | $18,285,936 |
| AKE | Allkem Limited | 6% | 500% | 66% | 16.24 | $10,272,671,765 |
| JRL | Jindalee Resources | 6% | 13% | -29% | 2.01 | $114,757,932 |
| PGD | Peregrine Gold | 6% | -11% | -29% | 0.275 | $16,830,783 |
| PMT | Patriot Battery Metals | 5% | 115% | 0% | 1.9 | $631,960,348 |
| SRZ | Stellar Resources | 5% | 0% | -38% | 0.0105 | $10,562,625 |
| OD6 | Od6Metalsltd | 5% | -11% | 0% | 0.23 | $12,103,409 |
| BHP | BHP Group Limited | 4% | 60% | 15% | 46.23 | $236,675,136,376 |
| LTR | Liontown Resources | 4% | 160% | 188% | 2.92 | $6,513,422,162 |
| WKT | Walkabout Resources | 4% | -4% | -43% | 0.098 | $63,863,013 |
| AM7 | Arcadia Minerals | 4% | -8% | -32% | 0.13 | $6,304,215 |
| KZR | Kalamazoo Resources | 4% | -8% | -41% | 0.135 | $21,519,498 |
| GT1 | Greentechnology | 4% | -15% | -2% | 0.68 | $145,889,603 |
| FRB | Firebird Metals | 4% | -7% | -73% | 0.082 | $5,992,150 |
| MLX | Metals X Limited | 4% | -11% | -27% | 0.275 | $263,107,159 |
| A8G | Australasian Metals | 4% | -5% | -30% | 0.14 | $7,296,869 |
| LRV | Larvotto Resources | 4% | -2% | -39% | 0.14 | $10,424,482 |
| INR | Ioneer Ltd | 4% | -3% | -5% | 0.3525 | $765,893,467 |
| PLS | Pilbara Min Ltd | 3% | 116% | 140% | 4.905 | $14,811,046,156 |
| EMN | Euro Manganese | 3% | -18% | -24% | 0.175 | $47,439,005 |
| EG1 | Evergreen Lithium | 3% | 0% | 0% | 0.355 | $18,837,050 |
| BMM | Balkan Mining and Minerals | 3% | -15% | -3% | 0.185 | $8,837,823 |
| QEM | QEM Limited | 3% | 2% | 0% | 0.195 | $24,370,508 |
| DVP | Develop Global Ltd | 3% | 38% | 78% | 3.57 | $640,716,760 |
| IGO | IGO Limited | 3% | 162% | 46% | 15.08 | $11,533,188,792 |
| VMC | Venus Metals Cor Ltd | 3% | 7% | 25% | 0.2 | $34,433,450 |
| BCA | Black Canyon Limited | 3% | -4% | -20% | 0.2 | $10,343,162 |
| MAN | Mandrake Res Ltd | 3% | 0% | 11% | 0.041 | $23,950,397 |
| QPM | Queensland Pacific | 2% | 0% | 8% | 0.1075 | $183,366,532 |
| ASM | Ausstrat Materials | 2% | -37% | -71% | 1.0625 | $180,041,645 |
| MQR | Marquee Resource Ltd | 2% | 1% | -16% | 0.051 | $15,378,753 |
| LPM | Lithium Plus | 2% | -11% | -32% | 0.26 | $17,156,932 |
| TMT | Technology Metals | 2% | -8% | -13% | 0.275 | $68,657,216 |
| BOA | Boadicea Resources | 2% | -5% | -66% | 0.048 | $3,998,906 |
| PLL | Piedmont Lithium Inc | 2% | 26% | 30% | 0.905 | $393,828,890 |
| NIC | Nickel Industries | 2% | -5% | -8% | 0.92 | $2,827,680,550 |
| TLG | Talga Group Ltd | 2% | -7% | 18% | 1.33 | $485,052,961 |
| ARU | Arafura Rare Earths | 1% | -12% | 17% | 0.345 | $729,110,819 |
| SYA | Sayona Mining Ltd | 1% | -1% | 40% | 0.1825 | $1,807,044,844 |
| PEK | Peak Rare Earths Ltd | 1% | 5% | 28% | 0.5 | $124,009,519 |
| PEK | Peak Rare Earths Ltd | 1% | 5% | 28% | 0.5 | $124,009,519 |
| A11 | Atlantic Lithium | 1% | -2% | 0% | 0.605 | $374,683,621 |
| GL1 | Globallith | 0% | -33% | 28% | 1.515 | $398,939,361 |
| VIA | Viagold Rare Earth | 0% | 0% | 0% | 2 | $166,624,808 |
| LPI | Lithium Pwr Int Ltd | 0% | -12% | -15% | 0.32 | $201,356,019 |
| NWC | New World Resources | 0% | 0% | 3% | 0.033 | $67,375,745 |
| CAE | Cannindah Resources | 0% | -8% | -11% | 0.16 | $89,916,792 |
| HNR | Hannans Ltd | 0% | -1% | -48% | 0.011 | $29,970,653 |
| CZN | Corazon Ltd | 0% | 0% | -26% | 0.017 | $10,985,950 |
| AVZ | AVZ Minerals Ltd | 0% | 0% | 0% | 0.78 | $2,752,409,203 |
| RLC | Reedy Lagoon Corp. | 0% | -1% | -71% | 0.005 | $2,833,598 |
| STK | Strickland Metals | 0% | 0% | -31% | 0.044 | $69,949,373 |
| EUR | European Lithium Ltd | 0% | 3% | 85% | 0.1 | $148,923,918 |
| ARL | Ardea Resources Ltd | 0% | -37% | -60% | 0.34 | $57,584,749 |
| GED | Golden Deeps | 0% | 0% | -57% | 0.006 | $6,931,360 |
| ADV | Ardiden Ltd | 0% | 0% | 0% | 0.007 | $18,818,347 |
| CWX | Carawine Resources | 0% | 0% | -20% | 0.1 | $19,681,747 |
| PRL | Province Resources | 0% | -2% | -23% | 0.041 | $48,441,219 |
| BSX | Blackstone Ltd | 0% | -1% | -32% | 0.13 | $59,211,114 |
| POS | Poseidon Nick Ltd | 0% | 0% | -9% | 0.04 | $136,161,235 |
| FFX | Firefinch Ltd | 0% | 0% | -11% | 0.2 | $236,569,315 |
| ALY | Alchemy Resource Ltd | 0% | -1% | 20% | 0.018 | $20,027,296 |
| AQD | Ausquest Limited | 0% | 0% | -35% | 0.017 | $14,027,537 |
| LEG | Legend Mining | 0% | 1% | -2% | 0.049 | $142,172,382 |
| CNJ | Conico Ltd | 0% | 0% | -76% | 0.007 | $10,990,665 |
| PVT | Pivotal Metals Ltd | 0% | -2% | -42% | 0.021 | $11,324,499 |
| MRR | Minrex Resources Ltd | 0% | -2% | -61% | 0.013 | $14,103,278 |
| EVR | Ev Resources Ltd | 0% | 0% | -46% | 0.014 | $13,103,777 |
| EFE | Eastern Resources | 0% | -2% | -52% | 0.011 | $13,661,411 |
| AX8 | Accelerate Resources | 0% | 0% | -29% | 0.02 | $7,592,035 |
| LSR | Lodestar Minerals | 0% | 0% | -43% | 0.004 | $9,216,987 |
| TMB | Tambourahmetals | 0% | -2% | -36% | 0.09 | $3,707,334 |
| E25 | Element 25 Ltd | 0% | -26% | 24% | 0.62 | $121,850,230 |
| ENT | Enterprise Metals | 0% | -1% | -64% | 0.004 | $2,917,884 |
| EMT | Emetals Limited | 0% | 0% | -18% | 0.009 | $7,650,000 |
| CAI | Calidus Resources | 0% | -10% | -73% | 0.17 | $97,602,717 |
| KAI | Kairos Minerals Ltd | 0% | -1% | -15% | 0.017 | $33,389,589 |
| ASO | Aston Minerals Ltd | 0% | 0% | -1% | 0.082 | $91,407,937 |
| ODE | Odessa Minerals Ltd | 0% | 0% | 9% | 0.012 | $10,891,786 |
| CLZ | Classic Min Ltd | 0% | -1% | -99% | 0.001 | $7,013,882 |
| XTC | Xantippe Res Ltd | 0% | 0% | -63% | 0.003 | $34,440,299 |
| VMS | Venture Minerals | 0% | -1% | -48% | 0.015 | $29,250,196 |
| IDA | Indiana Resources | 0% | -1% | -17% | 0.043 | $21,792,107 |
| VTM | Victory Metals Ltd | 0% | -1% | 95% | 0.215 | $14,642,473 |
| AOA | Ausmon Resorces | 0% | 0% | -33% | 0.004 | $3,877,157 |
| LLI | Loyal Lithium Ltd | 0% | 3% | 28% | 0.32 | $19,036,800 |
| BC8 | Black Cat Syndicate | 0% | 2% | 12% | 0.375 | $99,961,670 |
| PBL | Parabellum Resources | 0% | 1% | 82% | 0.345 | $18,879,263 |
| TMB | Tambourah Metals | 0% | -2% | -36% | 0.09 | $3,707,334 |
| MGG | Mogul Games Grp Ltd | 0% | 0% | -25% | 0.0015 | $4,905,643 |
| MCR | Mincor Resources NL | 0% | -11% | -13% | 1.4 | $759,351,429 |
| ILU | Iluka Resources | -1% | 212% | 36% | 11.645 | $4,975,829,574 |
| HAS | Hastings Tech Met | -1% | -219% | -68% | 1.33 | $162,242,198 |
| S32 | South32 Limited | -1% | -14% | -5% | 3.865 | $17,917,434,291 |
| JMS | Jupiter Mines | -1% | -1% | 12% | 0.2125 | $421,183,072 |
| RXL | Rox Resources | -1% | 19% | 41% | 0.36 | $80,767,534 |
| LMG | Latrobe Magnesium | -2% | -2% | 11% | 0.059 | $99,167,044 |
| NC1 | Nico Resources | -2% | -11% | -28% | 0.51 | $44,841,751 |
| WC8 | Wildcat Resources | -2% | 10% | 338% | 0.1225 | $79,667,319 |
| EMS | Eastern Metals | -2% | -3% | -62% | 0.047 | $2,302,556 |
| WIN | Widgie Nickel | -2% | -11% | -17% | 0.22 | $65,453,669 |
| ESS | Essential Metals Ltd | -2% | 11% | 25% | 0.43 | $117,729,345 |
| MEI | Meteoric Resources | -2% | 16% | 1515% | 0.21 | $408,501,532 |
| REE | Rarex Limited | -2% | -1% | -30% | 0.04 | $26,751,018 |
| ETM | Energy Transition | -2% | -2% | -20% | 0.04 | $52,874,016 |
| EVG | Evion Group NL | -3% | -3% | -43% | 0.039 | $13,352,008 |
| TVN | Tivan Limited | -3% | 1% | 31% | 0.077 | $114,608,203 |
| EV1 | Evolution Energy | -3% | -4% | -41% | 0.19 | $28,618,750 |
| BUX | Buxton Resources Ltd | -3% | 6% | 146% | 0.17 | $29,117,357 |
| MEK | Meeka Metals Limited | -3% | -3% | -35% | 0.034 | $36,298,704 |
| AVL | Aust Vanadium Ltd | -3% | 1% | -3% | 0.033 | $144,042,069 |
| QXR | Qx Resources Limited | -3% | -1% | 29% | 0.031 | $27,802,732 |
| SYR | Syrah Resources | -4% | -118% | -22% | 0.8825 | $601,548,980 |
| SYR | Syrah Resources | -4% | -118% | -22% | 0.8825 | $601,548,980 |
| PAM | Pan Asia Metals | -4% | -16% | -45% | 0.25 | $38,816,576 |
| WML | Woomera Mining Ltd | -4% | -1% | -33% | 0.0125 | $11,952,015 |
| IMI | Infinity Mining | -4% | -16% | -14% | 0.12 | $9,177,398 |
| CLA | Celsius Resource Ltd | -4% | 1% | 77% | 0.023 | $53,065,240 |
| ARN | Aldoro Resources | -4% | -5% | -21% | 0.115 | $15,458,730 |
| MTM | MTM Critical Metals | -4% | 4% | 10% | 0.115 | $9,719,331 |
| LYC | Lynas Rare Earths | -4% | -45% | -12% | 7.4 | $6,826,191,137 |
| KTA | Krakatoa Resources | -5% | -2% | -60% | 0.021 | $8,357,661 |
| WC1 | West Cobar Metals | -5% | -7% | -17% | 0.1 | $8,638,374 |
| BNR | Bulletin Res Ltd | -5% | -4% | -52% | 0.058 | $17,615,466 |
| WA1 | WA1 Resources | -5% | 460% | 3893% | 5.99 | $213,038,133 |
| M24 | Mamba Exploration | -5% | -7% | -5% | 0.071 | $4,024,900 |
| MRC | Mineral Commodities | -5% | -2% | -38% | 0.053 | $35,955,709 |
| CHN | Chalice Mining Ltd | -5% | 49% | 83% | 6.785 | $2,553,763,021 |
| FG1 | Flynngold | -5% | -3% | -39% | 0.07 | $9,512,701 |
| LIT | Lithium Australia | -6% | -1% | -51% | 0.034 | $42,741,709 |
| AML | Aeon Metals Ltd. | -6% | -1% | -19% | 0.017 | $19,735,211 |
| TON | Triton Min Ltd | -6% | 0% | 50% | 0.033 | $54,647,446 |
| AZI | Altamin Limited | -6% | -1% | -31% | 0.066 | $27,028,456 |
| CXO | Core Lithium | -6% | -6% | -10% | 0.965 | $1,839,931,626 |
| MLS | Metals Australia | -6% | -1% | -30% | 0.032 | $19,969,158 |
| YAR | Yari Minerals Ltd | -6% | 0% | -20% | 0.016 | $7,717,725 |
| GLN | Galan Lithium Ltd | -6% | -20% | -18% | 0.875 | $301,539,287 |
| ITM | Itech Minerals Ltd | -6% | -3% | -20% | 0.235 | $27,479,387 |
| GBR | Greatbould Resources | -6% | -1% | 8% | 0.077 | $39,332,046 |
| NMT | Neometals Ltd | -6% | -27% | -42% | 0.535 | $292,952,823 |
| 1MC | Morella Corporation | -6% | 0% | -53% | 0.0075 | $42,690,063 |
| VR8 | Vanadium Resources | -6% | 2% | 1% | 0.075 | $38,748,685 |
| RVT | Richmond Vanadium | -6% | 14% | 0% | 0.375 | $32,327,927 |
| OMH | OM Holdings Limited | -6% | -18% | -36% | 0.515 | $380,391,019 |
| FGR | First Graphene Ltd | -6% | -4% | -42% | 0.072 | $43,084,985 |
| VHM | Vhmlimited | -6% | 0% | 0% | 0.72 | $108,776,008 |
| GAL | Galileo Mining Ltd | -7% | -31% | -63% | 0.575 | $106,717,461 |
| GCM | Green Critical Min | -7% | 0% | -18% | 0.014 | $13,810,701 |
| SRN | Surefire Rescs NL | -7% | 0% | -30% | 0.014 | $23,119,089 |
| NTU | Northern Min Ltd | -7% | -1% | -8% | 0.034 | $177,717,607 |
| PAT | Patriot Lithium | -7% | 1% | 0% | 0.27 | $16,574,626 |
| ATM | Aneka Tambang | -7% | 17% | -14% | 1.07 | $1,394,904 |
| CRR | Critical Resources | -7% | 0% | -11% | 0.04 | $63,790,195 |
| NVA | Nova Minerals Ltd | -7% | -42% | -54% | 0.265 | $56,940,289 |
| AZL | Arizona Lithium Ltd | -7% | -2% | -59% | 0.038 | $107,237,392 |
| DEV | Devex Resources Ltd | -7% | 3% | 24% | 0.31 | $116,795,251 |
| CHR | Charger Metals | -8% | -9% | -8% | 0.36 | $17,627,172 |
| LEL | Lithenergy | -8% | 13% | 25% | 0.9 | $85,509,000 |
| CNB | Carnaby Resource Ltd | -8% | 10% | 44% | 1.035 | $166,915,967 |
| LPD | Lepidico Ltd | -8% | -1% | -56% | 0.011 | $91,659,784 |
| HXG | Hexagon Energy | -8% | -1% | -52% | 0.011 | $5,642,075 |
| AGY | Argosy Minerals Ltd | -8% | -16% | 29% | 0.4075 | $568,785,037 |
| KNI | Kunikolimited | -9% | -19% | -45% | 0.32 | $16,264,994 |
| L1M | Lightning Minerals | -9% | -1% | 0% | 0.16 | $6,471,003 |
| LOT | Lotus Resources Ltd | -9% | -2% | -13% | 0.1825 | $241,916,768 |
| KOB | Koba Resources | -9% | 2% | 3% | 0.155 | $16,339,583 |
| PTR | Petratherm Ltd | -9% | 1% | -24% | 0.072 | $16,631,584 |
| EGR | Ecograf Limited | -9% | -7% | -45% | 0.15 | $67,550,019 |
| CMX | Chemx Materials | -9% | -9% | -39% | 0.1 | $5,319,418 |
| AKN | Auking Mining Ltd | -9% | -5% | -35% | 0.05 | $9,584,381 |
| ZNC | Zenith Minerals Ltd | -9% | -17% | -63% | 0.1 | $33,828,565 |
| HRE | Heavy Rare Earths | -9% | -3% | 0% | 0.09 | $5,353,914 |
| RAS | Ragusa Minerals Ltd | -9% | -5% | -20% | 0.069 | $9,839,316 |
| IG6 | International Graphite | -9% | -8% | -35% | 0.195 | $17,157,681 |
| LNR | Lanthanein Resources | -9% | -1% | -15% | 0.0145 | $15,702,058 |
| OCN | Oceana Lithium | -10% | -2% | 0% | 0.325 | $13,515,893 |
| VRC | Volt Resources Ltd | -10% | -1% | -44% | 0.009 | $35,454,815 |
| ARR | American Rare Earths | -10% | -6% | -41% | 0.135 | $58,035,029 |
| NKL | Nickelxltd | -10% | -2% | -45% | 0.063 | $5,358,987 |
| KGD | Kula Gold Limited | -10% | -1% | -25% | 0.018 | $6,344,603 |
| ABX | ABX Group Limited | -10% | -2% | -27% | 0.099 | $22,135,491 |
| OM1 | Omnia Metals Group | -10% | 6% | 54% | 0.215 | $9,797,748 |
| PGM | Platina Resources | -11% | 1% | -19% | 0.025 | $16,202,689 |
| NVX | Novonix Limited | -11% | -40% | -54% | 1.07 | $523,426,311 |
| INF | Infinity Lithium | -11% | -2% | -22% | 0.098 | $44,871,433 |
| ESR | Estrella Res Ltd | -11% | -1% | -58% | 0.008 | $13,352,147 |
| VML | Vital Metals Limited | -11% | -1% | -80% | 0.008 | $42,449,198 |
| THR | Thor Energy PLC | -11% | 0% | -56% | 0.004 | $7,300,064 |
| TAR | Taruga Minerals | -11% | -1% | -43% | 0.012 | $7,766,295 |
| GW1 | Greenwing Resources | -11% | -8% | -15% | 0.195 | $30,731,504 |
| SRL | Sunrise | -12% | -91% | -59% | 1.01 | $89,157,300 |
| LIN | Lindian Resources | -12% | 18% | 285% | 0.335 | $364,728,808 |
| BKT | Black Rock Mining | -12% | -3% | -27% | 0.11 | $118,238,650 |
| PNT | Panther Metals | -12% | -11% | -53% | 0.08 | $4,892,000 |
| PNN | Power Minerals Ltd | -13% | -15% | -5% | 0.38 | $28,572,042 |
| RGL | Riversgold | -13% | -2% | -52% | 0.013 | $12,366,399 |
| 1AE | Aurora Energy Metals | -14% | -9% | -75% | 0.063 | $9,662,823 |
| ASN | Anson Resources Ltd | -14% | -3% | 55% | 0.155 | $177,413,388 |
| AR3 | Austrare | -14% | -13% | -27% | 0.275 | $34,502,867 |
| TEM | Tempest Minerals | -14% | -1% | -67% | 0.012 | $6,081,860 |
| RR1 | Reach Resources Ltd | -14% | 1% | 200% | 0.012 | $33,060,608 |
| KOR | Korab Resources | -15% | -1% | -4% | 0.023 | $8,442,150 |
| GSM | Golden State Mining | -15% | 0% | -10% | 0.04 | $5,482,040 |
| SUM | Summit Minerals | -16% | -2% | 0% | 0.13 | $3,214,582 |
| MRD | Mount Ridley Mines | -17% | 0% | -50% | 0.0025 | $15,569,766 |
| BYH | Bryah Resources Ltd | -17% | -1% | -57% | 0.015 | $5,124,367 |
| MNS | Magnis Energy Tech | -18% | -22% | -49% | 0.1525 | $178,453,037 |
| AAJ | Aruma Resources Ltd | -18% | -1% | -39% | 0.042 | $8,829,083 |
| SRI | Sipa Resources Ltd | -18% | -1% | -50% | 0.018 | $4,106,846 |
| ENV | Enova Mining Limited | -18% | -1% | -44% | 0.009 | $4,300,223 |
| AUZ | Australian Mines Ltd | -18% | -4% | -81% | 0.0155 | $9,661,158 |
| WMG | Western Mines | -19% | 39% | 289% | 0.545 | $27,651,652 |
| PUR | Pursuit Minerals | -19% | 0% | -24% | 0.013 | $36,494,100 |
| WSR | Westar Resources | -19% | 1% | 27% | 0.056 | $10,565,378 |
| SGQ | St George Min Ltd | -19% | -3% | 30% | 0.043 | $36,141,954 |
| CMO | Cosmo Metals | -20% | -5% | -37% | 0.088 | $2,244,880 |
| AVW | Avira Resources Ltd | -20% | 0% | -43% | 0.002 | $4,267,580 |
| CY5 | Cygnus Metals Ltd | -21% | -15% | 48% | 0.23 | $50,323,067 |
| CDT | Castle Minerals | -21% | -1% | -56% | 0.011 | $11,244,930 |
| DM1 | Desert Metals | -22% | -14% | -73% | 0.06 | $4,352,465 |
| PVW | PVW Res Ltd | -23% | -4% | -77% | 0.055 | $5,513,962 |
| M2R | Miramar | -25% | -4% | -52% | 0.036 | $4,019,087 |
| LKE | Lake Resources | -34% | -48% | -77% | 0.3175 | $433,845,636 |
| OZL | OZ Minerals | -100% | -2617% | -100% | 0 | $8,918,404,433 |
| BRB | Breaker Res NL | -100% | -32% | -100% | 0 | $158,126,031 |
Experts
Experts
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