• Just cutting and pasting this bullet from last week… lithium spot prices are still in the doldrums 
  • But worry not, because we have a list of bullish bolstering for the battery metals faithful
  • ASX gainers in the sector over the past week led by: LNR and DM1

 

Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, graphite, cobalt, nickel, rare earths, manganese, magnesium, and vanadium

After 2022’s big year for lithium and pals, perhaps 2023 was always destined to struggle to live up to the same kind of hype. A bit like a second-album disappointment.

That said, Kings of Lithium and the Battered Metals are back in the studio for what they’re hoping will be a stellar next production – or just a decent year. Or at the very least, maybe a mild improvement on this one.

We’re not out of the 2023 woods yet, though, so how are things tracking? For a surface-level take on that, let’s turn to this weekly chart from Miner Deck, published Dec 11.

It’s only mildly crap for nickel pricing this week, but it’s downright ugly for lithium.

And here’s Lithium Price bot with specifics, below. Those YTD figures continue to get worse every week at present. This time last week, lithium carbonate’s YTD was about -75.6% and spod was around -70.8%.

Righto, so where’s this good news then?

 

Reasons to be cheerful… 1, 2, 3… (and plenty more)

Despite lithium prices floating somewhere beyond the S-bend, and despite the cooling off of many a battery metal stock this year (not you, WC8) thanks to a glut of Li supply and periods of slowed uptake of EVs, there are still reasons to be cheerful if you’re a battery metals investor.

And more than three.

We don’t think this is clutching at straws, because it’s a lot of straws if so. Here we go then, as briefly as we can make it… and in no order or priority…

 

1. Big increase in Chinese EV Sales: Just lately, there’s been a notable increase in electric vehicle sales in China, which appears to be bringing an end to a cool-off amid the troubling economic climate in the Middle Kingdom. Maybe it has something or everything to do with late-year fiscal stimulus over there, maybe not.

In any case, according to Electric Cars Report, Chinese motor vehicle company XPENG, for instance, reported a significant increase in Smart EV deliveries in November 2023, indicating strong growth in the Chinese EV market.

And according to CNEV Post (Chinese EV news media) stats (as pointed out by noted lithium bull Joe Lowry, below), monthly new EV sales have actually exceeded 1 million for the first time – in November.

“The demand for EVs globally is clearly strong,” writes Lowry, forecasting future FOMO/panic buying once again for lithium-related things.

 

2. Rise in nationwide Chinese EV deliveries: Further to this, according to China Daily, wholesale deliveries of electric vehicles and plug-in hybrids in China were expected to reach 940,000 units in November – and that’s up 29% year-on-year.

And total sales in the first 11 months of this year are estimated to have reached 7.74 million units, up 35 per cent year-on-year, according to the China Passenger Car Association.

 

3. ExxonMobil’s monster lithium extraction plans: This is a big, underrated point of validation for the continuation of the lithium rush and continued demand, wethinks. As we wrote here, this American fossil fuels giant has major plans in the works to start lithium drilling in Arkansas, targeting lithium supply for over 1 million EVs per year by 2030.

“In many ways, extracting lithium from deep brine reservoirs is similar to our existing businesses,” said Exxon CFO Kathryn Mikells. “It involves upstream skills like geoscience and reservoir management, as well as efficient drilling.”

 

4. European Battery Funding Initiative: The EU is offering €3 billion in subsidies to battery makers to stimulate the electric vehicle industry.

That’s hardly a world shunning the EV and lithium-battery narrative, is it.

According to the the International Energy Agency (IEA), the European Commission has approved under EU State aid rules an Important Project of Common European interest (“IPCEI”) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries.

“The seven Member States will provide in coming years up to approximately €3.2 billion in funding for this project, which is expected to unlock an additional €5 billion in private investments,” wrote the IAE.

ASX-listed Euro Manganese (ASX:EMN) liked the news, noting that the funding will create impact “across the entire battery value chain, including its upstream raw material segment”.

The European Battery Alliance, meanwhile, has also welcomed the new EU financial stimulus for the sector.

 

5. European and UK expansion of the EV market: Despite its well-documented current challenges, the global electric vehicle market continues to grow significantly. Toyota, for instance is planning to expand its EV lineup in Europe to six vehicle models by 2026, while Nissan is in the process of producing three new EV models at its UK plant.

 

6. Anglo American eyes up lithium: This mining giant, the world’s biggest producer of platinum, is reportedly actively seeking opportunities in the lithium market, further highlighting the commodity’s strategic importance for the energy transition.

 

7.  Investment in lithium downstream processing: Investments in midstream processing facilities for lithium in Australia are also expected to enhance the economics of lithium projects throughout coming years.

Per a recent High Voltage, some of the WA state gov’s renewed strategic thinking on battery metals includes placing greater than previous emphasis on the midstream and downstream elements of the sector in resources-rich WA.

And, for the downstream element at least, this means potentially increasing the level of output when it comes to the processing stage of minerals, such as lithium and nickel, required for batteries.

“Domestic value-adding and manufacturing” is part of the newly energised strat. And “converting exploration activity into producing mines will be integral to WA’s ability to continue moving down the value chain,” reads a recent WA state gov report.

 

8. White-hot M&A activity in Australia’s lithium sector: This has been turning heads globally in the latter stages of this year. Notable merger and acquisition activities include the US$10.6 billion deal between Livent and Allkem and Albemarle’s US$3.7 billion offer for Liontown Resources, ultimately stymied by Hancock Prospecting’s blocking stake.

 

9. SQM’s long-term outlook: Leading Chilean lithium producer SQM has made it clear it remains confident in the future of the EV market, forging ahead with its global operations and plans Down Under.

As Stockead’s Reuben Adams reported about a week ago:

Lithium darling Azure Minerals (ASX:AZS) has now filed paperwork for SQM’s proposed takeover at $3.52/sh, despite Gina Rinehart and MinRes potentially running interference, Liontown style.

Rinehart and Minres have accrued 18.9% and 13.6% stakes in the tier 1 explorer in the wake of SQM’s $1.63 billion takeover offer in October.

SQM, potentially learning from Albemarle’s mistakes, will launch a simultaneous conditional off-market takeover offer for $3.50/sh should the scheme not be successful.

The deal is being pushed through as lithium prices plumb new lows, with most stocks bearing the brunt.

 

Did we/I miss some big reasons to keep the battery metals faith? Let me know: [email protected] 

 

ASX battery metals form guide:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 3pm.) 

Stocks missing from this list? Email [email protected] 

Code Company Price % Week % Month % Year Market Cap
PVW PVW Res Ltd 0.052 2% -9% -55% $5,374,453
A8G Australasian Metals 0.16 -6% -11% -29% $8,339,279
INF Infinity Lithium 0.097 -12% 14% -39% $46,259,209
LPI Lithium Pwr Int Ltd 0.54 -1% 3% 10% $342,694,766
PSC Prospect Res Ltd 0.083 -7% -14% -41% $39,383,217
PAM Pan Asia Metals 0.13 -13% -13% -68% $20,877,679
CXO Core Lithium 0.24 -6% -34% -80% $534,233,886
LOT Lotus Resources Ltd 0.275 -11% 12% 38% $482,868,651
AGY Argosy Minerals Ltd 0.145 -9% -9% -76% $196,617,050
AZS Azure Minerals 3.56 -4% -11% 1269% $1,637,486,083
NWC New World Resources 0.034 -15% 10% 0% $81,422,714
QXR Qx Resources Limited 0.021 -25% -25% -58% $25,431,741
GSR Greenstone Resources 0.008 -11% 14% -73% $10,944,908
CAE Cannindah Resources 0.105 14% 11% -59% $57,807,995
AZL Arizona Lithium Ltd 0.04 0% 11% -43% $133,780,576
RIL Redivium Limited 0.006 0% -8% -73% $16,385,129
COB Cobalt Blue Ltd 0.235 -15% -10% -60% $93,845,523
LPD Lepidico Ltd 0.008 -6% -20% -47% $61,106,464
MRD Mount Ridley Mines 0.0015 -25% -25% -67% $15,569,766
CZN Corazon Ltd 0.016 -6% 0% -36% $10,465,164
LKE Lake Resources 0.12 -4% -29% -87% $177,805,588
DEV Devex Resources Ltd 0.245 -8% -9% -27% $114,709,574
INR Ioneer Ltd 0.125 -14% -22% -76% $295,597,701
MAN Mandrake Res Ltd 0.042 2% 20% -7% $24,014,637
RLC Reedy Lagoon Corp. 0.005 -29% 0% -57% $3,083,418
GBR Greatbould Resources 0.064 -11% -2% -28% $36,742,974
FRS Forrestaniaresources 0.028 -10% -7% -78% $4,530,001
STK Strickland Metals 0.155 -14% -3% 260% $260,907,211
MLX Metals X Limited 0.275 4% -2% -5% $249,498,168
CLA Celsius Resource Ltd 0.013 0% 18% -32% $26,952,620
FGR First Graphene Ltd 0.069 1% -12% -40% $41,100,286
HXG Hexagon Energy 0.01 11% 0% -41% $5,129,159
TLG Talga Group Ltd 0.775 -18% -29% -48% $305,702,108
MNS Magnis Energy Tech 0.042 -7% -14% -90% $50,378,922
PLL Piedmont Lithium Inc 0.37 -8% -12% -57% $145,216,536
EUR European Lithium Ltd 0.073 0% 1% -11% $97,596,742
BKT Black Rock Mining 0.083 4% -28% -46% $92,174,850
QEM QEM Limited 0.18 -3% -10% 0% $27,250,508
LYC Lynas Rare Earths 6.03 -6% -15% -29% $5,907,268,204
ESR Estrella Res Ltd 0.005 0% -17% -67% $7,037,487
ARL Ardea Resources Ltd 0.515 18% -7% -40% $103,218,515
GLN Galan Lithium Ltd 0.495 -18% -15% -59% $204,868,922
JLL Jindalee Lithium Ltd 0.88 -8% -18% -56% $55,489,908
VUL Vulcan Energy 2.11 -9% -12% -69% $380,281,348
SBR Sabre Resources 0.028 -20% -28% -38% $9,776,397
CHN Chalice Mining Ltd 1.58 2% -3% -76% $632,065,369
VRC Volt Resources Ltd 0.008 14% 23% -50% $24,780,640
NMT Neometals Ltd 0.18 -8% -26% -81% $112,143,708
AXN Alliance Nickel Ltd 0.055 6% 0% -41% $36,291,981
PNN Power Minerals Ltd 0.21 -5% -16% -60% $18,342,879
IGO IGO Limited 7.71 -4% -14% -49% $6,073,287,860
GED Golden Deeps 0.046 -4% -21% -54% $5,429,550
ADV Ardiden Ltd 0.17 -6% -21% -51% $10,627,976
SRI Sipa Resources Ltd 0.029 26% 38% -24% $7,301,060
NTU Northern Min Ltd 0.03 -12% -3% -23% $183,240,357
AXE Archer Materials 0.37 -5% -10% -45% $95,567,630
PGM Platina Resources 0.023 -12% -8% 15% $14,333,148
AAJ Aruma Resources Ltd 0.03 -6% -12% -55% $5,906,745
IXR Ionic Rare Earths 0.021 -5% -19% -46% $88,578,203
NIC Nickel Industries 0.68 -4% -14% -33% $2,978,637,867
EVG Evion Group NL 0.032 -9% -16% -59% $11,070,694
CWX Carawine Resources 0.12 9% 14% 32% $28,335,054
PLS Pilbara Min Ltd 3.5 -1% 0% -22% $10,834,084,602
HAS Hastings Tech Met 0.64 -7% -22% -83% $86,028,824
BUX Buxton Resources Ltd 0.19 0% -7% 73% $33,783,144
ARR American Rare Earths 0.145 0% 7% -34% $66,963,495
SGQ St George Min Ltd 0.033 -8% -13% -55% $31,490,770
TKL Traka Resources 0.004 0% 0% -20% $3,501,317
PAN Panoramic Resources 0.035 0% -5% -81% $103,937,992
PRL Province Resources 0.041 0% 0% -32% $48,441,219
IPT Impact Minerals 0.009 -14% -31% 13% $28,647,039
LIT Lithium Australia 0.03 0% -12% -36% $34,221,367
AKE Allkem Limited 9.13 6% 1% -30% $5,913,721,960
ARN Aldoro Resources 0.083 0% 0% -69% $11,173,771
JRV Jervois Global Ltd 0.044 7% 19% -86% $118,910,910
SYR Syrah Resources 0.64 11% -16% -75% $446,092,502
FBM Future Battery 0.071 -4% -16% 37% $38,430,431
ADD Adavale Resource Ltd 0.008 0% 0% -63% $5,972,709
LTR Liontown Resources 1.28 -6% -15% -28% $3,233,349,648
CTM Centaurus Metals Ltd 0.45 -8% -7% -63% $235,057,376
VML Vital Metals Limited 0.01 0% 0% -60% $53,061,498
BSX Blackstone Ltd 0.069 -17% -22% -53% $31,737,157
POS Poseidon Nick Ltd 0.016 -6% -16% -57% $59,397,128
CHR Charger Metals 0.19 -22% -42% -68% $15,997,161
AVL Aust Vanadium Ltd 0.022 -4% 0% -12% $109,309,349
AUZ Australian Mines Ltd 0.01 -29% -29% -85% $8,830,434
TMT Technology Metals 0.24 14% 9% -29% $54,671,487
RXL Rox Resources 0.185 -16% -12% 9% $70,177,309
RNU Renascor Res Ltd 0.12 -11% -29% -59% $317,425,937
GL1 Globallith 1.23 -2% 0% -42% $325,331,624
ASN Anson Resources Ltd 0.145 0% -9% -29% $180,003,484
SYA Sayona Mining Ltd 0.057 2% -30% -73% $586,717,873
EGR Ecograf Limited 0.145 -9% -33% -41% $70,374,932
ATM Aneka Tambang 1.18 0% 0% 12% $1,538,306
TVN Tivan Limited 0.074 -8% -3% -14% $113,196,071
ALY Alchemy Resource Ltd 0.01 0% -9% -63% $11,780,763
GAL Galileo Mining Ltd 0.255 -4% -9% -71% $55,334,980
BHP BHP Group Limited 47.56 1% 5% 0% $240,967,889,474
LEL Lithenergy 0.545 -8% -9% -39% $57,685,600
MMC Mitremining 0.235 -16% 12% -22% $14,171,906
RMX Red Mount Min Ltd 0.004 33% -20% -20% $8,020,728
GW1 Greenwing Resources 0.09 -10% -33% -73% $17,425,148
AQD Ausquest Limited 0.011 -15% -8% -45% $9,076,641
LML Lincoln Minerals 0.006 20% -8% -12% $10,224,272
1MC Morella Corporation 0.0055 -8% -21% -66% $30,893,997
REE Rarex Limited 0.027 4% -13% -52% $18,451,437
MRC Mineral Commodities 0.031 7% -3% -51% $28,549,705
PUR Pursuit Minerals 0.009 13% -10% -25% $23,551,771
QPM Queensland Pacific 0.052 0% -5% -55% $102,639,556
EMH European Metals Hldg 0.52 -5% -17% -22% $68,511,809
BMM Balkanminingandmin 0.125 -7% -11% -58% $9,235,267
PEK Peak Rare Earths Ltd 0.315 -13% -18% -32% $84,685,269
LEG Legend Mining 0.017 -11% -15% -48% $52,280,589
MOH Moho Resources 0.009 0% 29% -62% $4,823,470
AML Aeon Metals Ltd. 0.011 0% 22% -61% $12,060,407
G88 Golden Mile Res Ltd 0.02 -5% -23% -21% $6,917,180
WKT Walkabout Resources 0.12 -20% -27% 9% $92,298,450
TON Triton Min Ltd 0.022 -4% -12% -42% $34,349,911
AR3 Austrare 0.125 -17% -34% -64% $21,583,235
ARU Arafura Rare Earths 0.195 -3% 0% -55% $433,239,762
MIN Mineral Resources. 61.02 2% 5% -33% $12,064,473,115
VMC Venus Metals Cor Ltd 0.1 -5% -5% 32% $18,972,868
S2R S2 Resources 0.18 -10% 0% 9% $84,189,712
CNJ Conico Ltd 0.005 0% 11% -38% $7,850,475
VR8 Vanadium Resources 0.045 0% 0% -25% $24,756,104
PVT Pivotal Metals Ltd 0.014 -22% -39% -71% $10,805,893
BOA Boadicea Resources 0.035 -3% -26% -63% $4,431,251
IPX Iperionx Limited 1.275 -10% -14% 72% $279,960,435
SLZ Sultan Resources Ltd 0.014 -13% -7% -83% $2,074,661
NKL Nickelxltd 0.051 -15% -22% -36% $5,093,280
NVA Nova Minerals Ltd 0.325 16% 20% -52% $67,484,788
MLS Metals Australia 0.034 -6% -8% -35% $21,841,267
MQR Marquee Resource Ltd 0.028 0% -13% -49% $11,988,147
MRR Minrex Resources Ltd 0.017 0% 13% -55% $18,442,748
EVR Ev Resources Ltd 0.01 0% 0% -50% $8,591,295
EFE Eastern Resources 0.009 0% -25% -71% $11,177,518
CNB Carnaby Resource Ltd 0.8 13% 16% -4% $130,277,070
BNR Bulletin Res Ltd 0.125 -4% -22% 25% $33,765,532
AX8 Accelerate Resources 0.035 -15% -29% 21% $20,487,663
AM7 Arcadia Minerals 0.074 -13% -17% -70% $8,069,707
AS2 Askarimetalslimited 0.185 3% 6% -53% $12,376,034
BYH Bryah Resources Ltd 0.013 -13% -38% -49% $5,636,894
DTM Dart Mining NL 0.016 0% -16% -75% $3,641,274
EMS Eastern Metals 0.029 -9% 4% -65% $2,225,509
FG1 Flynngold 0.06 -21% -33% -35% $8,455,720
GSM Golden State Mining 0.016 -16% -36% -66% $3,821,764
IMI Infinitymining 0.14 0% 17% -61% $10,900,361
LRV Larvottoresources 0.078 -3% -15% -56% $4,976,849
LSR Lodestar Minerals 0.0045 13% 0% -10% $9,105,288
RAG Ragnar Metals Ltd 0.022 5% -4% 36% $10,427,581
CTN Catalina Resources 0.004 14% 14% -50% $4,953,948
TMB Tambourahmetals 0.14 -10% -10% 4% $11,611,649
TEM Tempest Minerals 0.008 0% -20% -68% $4,346,760
EMC Everest Metals Corp 0.085 -2% -2% -6% $15,348,612
WML Woomera Mining Ltd 0.031 19% 24% 55% $37,004,531
KZR Kalamazoo Resources 0.105 -19% -5% -50% $19,707,489
LMG Latrobe Magnesium 0.059 2% 20% -21% $105,923,022
KOR Korab Resources 0.017 0% 6% -39% $6,239,850
CMX Chemxmaterials 0.059 -21% -26% -69% $3,566,581
NC1 Nicoresourceslimited 0.35 17% 9% -51% $36,742,698
GRE Greentechmetals 0.445 -5% -45% 218% $32,536,667
CMO Cosmometalslimited 0.06 0% 20% -52% $2,081,800
FRB Firebird Metals 0.14 -10% -18% -22% $19,482,596
S32 South32 Limited 3.05 -2% -3% -27% $13,995,408,975
OMH OM Holdings Limited 0.45 -1% 0% -40% $344,815,560
JMS Jupiter Mines. 0.165 -3% -11% -20% $323,233,520
E25 Element 25 Ltd 0.475 -4% 22% -56% $104,414,561
EMN Euromanganese 0.105 -13% 8% -71% $25,627,658
KGD Kula Gold Limited 0.018 -28% 38% -40% $9,226,047
LRS Latin Resources Ltd 0.2 11% -17% 60% $596,153,333
CRR Critical Resources 0.019 -21% -44% -61% $39,112,706
ENT Enterprise Metals 0.003 0% -25% -67% $2,398,413
SCN Scorpion Minerals 0.041 3% -27% -45% $17,488,366
GCM Green Critical Min 0.011 22% 57% -31% $12,502,435
ENV Enova Mining Limited 0.009 0% 50% -31% $5,768,364
RBX Resource B 0.08 -5% -27% -16% $6,614,759
AKN Auking Mining Ltd 0.042 -16% 5% -56% $9,444,502
RR1 Reach Resources Ltd 0.004 -20% -67% -20% $12,841,188
EMT Emetals Limited 0.007 0% 0% -42% $5,950,000
PNT Panthermetalsltd 0.06 9% -21% -69% $3,669,000
WIN Widgienickellimited 0.115 17% -28% -68% $24,431,494
WMG Western Mines 0.295 0% 5% 90% $18,705,833
AVW Avira Resources Ltd 0.0015 0% -25% -50% $4,267,580
CAI Calidus Resources 0.17 -13% 0% -48% $109,842,661
GT1 Greentechnology 0.265 -16% -35% -71% $75,940,093
KAI Kairos Minerals Ltd 0.015 0% -6% -34% $39,313,683
MTM MTM Critical Metals 0.024 -4% 4% -73% $2,384,090
NWM Norwest Minerals 0.029 -3% -12% -45% $8,339,516
PGD Peregrine Gold 0.27 0% -10% -28% $14,461,468
RAS Ragusa Minerals Ltd 0.04 0% -18% -71% $5,703,951
RGL Riversgold 0.013 -19% 44% -55% $12,366,399
SRZ Stellar Resources 0.0085 6% -6% -29% $9,495,141
STM Sunstone Metals Ltd 0.015 -6% -17% -67% $46,229,773
ZNC Zenith Minerals Ltd 0.155 11% -6% -38% $49,333,324
WC8 Wildcat Resources 0.705 3% -12% 2418% $860,330,131
ASO Aston Minerals Ltd 0.028 -10% -18% -70% $37,556,864
THR Thor Energy PLC 0.028 -7% 12% -53% $5,209,017
YAR Yari Minerals Ltd 0.009 -31% -44% -55% $4,823,578
IG6 Internationalgraphit 0.175 6% -8% -37% $15,572,919
LPM Lithium Plus 0.365 -10% -27% -23% $36,544,985
ODE Odessa Minerals Ltd 0.007 -13% -22% -53% $7,576,895
KOB Kobaresourceslimited 0.085 10% 0% -43% $8,644,167
AZI Altamin Limited 0.052 -2% -13% -41% $20,369,271
FTL Firetail Resources 0.082 -2% -17% -49% $13,401,500
LNR Lanthanein Resources 0.01 67% 43% -67% $14,187,931
CLZ Classic Min Ltd 0.001 0% 0% -91% $12,357,082
NVX Novonix Limited 0.645 -8% -12% -64% $320,060,157
OCN Oceanalithiumlimited 0.12 -4% 0% -73% $6,899,945
SUM Summitminerals 0.105 0% -16% -38% $5,003,998
DVP Develop Global Ltd 2.87 -4% 1% -2% $720,337,827
XTCDA Xantippe Res Ltd 0.2 0% 0% -67% $17,528,005
OD6 Od6Metalsltd 0.165 0% -13% -54% $8,802,479
HRE Heavy Rare Earths 0.07 -22% -24% -53% $4,294,643
LIN Lindian Resources 0.165 0% -6% -6% $195,826,780
PEK Peak Rare Earths Ltd 0.315 -13% -18% -32% $84,685,269
ILU Iluka Resources 6.83 -3% -4% -35% $2,897,019,654
ASM Ausstratmaterials 1.32 0% -20% -19% $216,829,577
ETM Energy Transition 0.04 -5% 21% -17% $57,402,452
VMS Venture Minerals 0.01 -13% 0% -58% $19,500,130
IDA Indiana Resources 0.059 -2% -2% 11% $36,914,224
VTM Victory Metals Ltd 0.21 -5% -13% -7% $17,907,924
M2R Miramar 0.024 26% 9% -68% $4,168,347
WCN White Cliff Min Ltd 0.01 -17% -13% -29% $14,042,153
TAR Taruga Minerals 0.01 -9% 11% -74% $7,060,268
ABX ABX Group Limited 0.069 0% 1% -49% $16,721,516
MEK Meeka Metals Limited 0.042 -5% 14% -35% $49,967,775
RR1 Reach Resources Ltd 0.004 -20% -67% -20% $12,841,188
DRE Dreadnought Resources Ltd 0.031 -6% -11% -65% $110,622,250
KFM Kingfisher Mining 0.14 -18% 0% -73% $7,520,100
AOA Ausmon Resorces 0.003 0% 20% -60% $3,020,998
WC1 Westcobarmetals 0.079 34% 32% -54% $8,575,144
GRL Godolphin Resources 0.038 0% 9% -52% $6,431,197
DM1 Desert Metals 0.058 49% 45% -76% $3,752,054
PTR Petratherm Ltd 0.04 3% -13% -32% $8,765,294
ITM Itech Minerals Ltd 0.125 -11% -17% -57% $15,883,863
KTA Krakatoa Resources 0.04 -7% 18% -32% $19,828,503
M24 Mamba Exploration 0.038 27% 27% -77% $2,134,417
LNR Lanthanein Resources 0.01 67% 43% -67% $14,187,931
TKM Trek Metals Ltd 0.045 0% -8% -42% $23,433,130
BCA Black Canyon Limited 0.135 13% -4% -50% $7,836,268
CDT Castle Minerals 0.009 -10% -18% -64% $11,020,437
DLI Delta Lithium 0.44 -5% -13% -2% $308,920,004
A11 Atlantic Lithium 0.5 0% 25% -28% $315,304,455
KNI Kunikolimited 0.25 -4% -17% -52% $21,906,098
CY5 Cygnus Metals Ltd 0.135 -10% -13% -71% $37,902,688
WR1 Winsome Resources 0.97 -14% -22% -26% $194,197,628
LLI Loyal Lithium Ltd 0.31 -2% -25% -39% $25,647,652
BC8 Black Cat Syndicate 0.255 -14% 16% -18% $75,941,336
BUR Burleyminerals 0.165 0% -23% -41% $15,700,997
PBL Parabellumresources 0.082 -76% -76% -81% $21,493,500
L1M Lightning Minerals 0.145 -3% 7% -26% $6,122,634
WA1 Wa1Resourcesltd 7.47 -11% -25% 302% $340,197,600
EV1 Evolutionenergy 0.13 0% -4% -48% $31,813,284
1AE Auroraenergymetals 0.075 -3% -23% -62% $12,258,934
RVT Richmond Vanadium 0.305 -2% -15% 0% $26,293,381
PMT Patriotbatterymetals 1.07 1% -1% -4% $475,750,132
PAT Patriot Lithium 0.205 8% -2% -43% $13,018,255
BM8 Battery Age Minerals 0.19 -10% -5% -62% $16,936,009
OM1 Omnia Metals Group 0.078 0% 0% -54% $3,786,192
VHM Vhmlimited 0.7 6% 47% 0% $105,432,546
LLL Leolithiumlimited 0.505 0% 0% 0% $498,553,663
SRN Surefire Rescs NL 0.01 5% 0% -17% $18,367,531
SRL Sunrise 0.555 -9% -20% -72% $51,429,674
SYR Syrah Resources 0.64 11% -16% -75% $446,092,502
EG1 Evergreenlithium 0.18 -10% -3% 0% $10,121,400
WSR Westar Resources 0.022 -12% 10% -61% $4,633,938
LU7 Lithium Universe Ltd 0.028 -15% -28% -7% $11,655,657
MEI Meteoric Resources 0.205 0% -15% 1181% $408,260,396
REC Rechargemetals 0.095 -10% -30% -27% $11,135,197
SLM Solismineralsltd 0.14 -13% -35% 84% $10,596,043
DYM Dynamicmetalslimited 0.155 7% -23% 0% $5,250,000
TOR Torque Met 0.225 25% 15% 29% $28,913,298
ICL Iceni Gold 0.051 -18% -14% -54% $13,791,786
TMX Terrain Minerals 0.005 0% 25% -29% $6,767,139
MHC Manhattan Corp Ltd 0.004 0% 0% -33% $11,747,919
MHK Metalhawk. 0.125 -19% -34% -48% $12,426,806
ANX Anax Metals Ltd 0.025 -7% -14% -56% $12,022,941
FIN FIN Resources Ltd 0.019 -14% -39% -17% $11,686,837
LM1 Leeuwin Metals Ltd 0.18 -10% -32% 0% $8,282,813
HAW Hawthorn Resources 0.09 13% -10% -31% $30,151,405
LCY Legacy Iron Ore 0.016 0% -6% -16% $96,102,393
RON Roninresourcesltd 0.225 13% 45% 18% $7,694,572
ASR Asra Minerals Ltd 0.007 0% -13% -59% $13,031,966
MGA MetalsGrove Mining 0.083 18% 8% 55% $3,090,000
PFE Panteraminerals 0.051 -14% -19% -58% $5,460,700
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What’s been surging?

(Circa 5pm-ish on December 12)

Charged up 🚀

Lanthanein Resources (ASX:LNR)+67% (Acquiring a 70% interest in Lady Grey lithium-tantalum project, just 400m west of the massive Earl Grey lithium mine at Mount Holland, WA. More > here)

Desert Metals (ASX:DM1)+49% (Oversubscribed $3.75m funding placement to help support the company’s gold and lithium acquisition in Côte d’Ivoire – CDI Resources Limited. More > here)

West Cobar Metals (ASX:WC1)+34% (A battery metals hunter, yes, but actually making recent gains based on its Salazar REE project operations in WA. More > here)

 

Plugged in elsewhere

Some more battery metals pertinence kicking about on the head of Tesla’s social platform…

This first one especially caught our eyes, given the attention lepidolite has been receiving lately as a potential rival to spodumene.

TLDR? The tweet’s author, prospector Dwayne Sparkes concluded with this:

“In my opinion, there is no chance that lepidolite will ever be processed cheaper than spodumene. Also, it seems that spodumene is actually more common than lepidolite from the deposits I’ve studied. Has anyone ever found an Andover that’s lepidolite dominated!? I think the market is flooded with artisian mined lepidolite that will soon become exhausted.”

Elsewhere…

Read MoreBattery MetalsLithium

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