Pic: Via Getty
Mining
Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.
Wells Fargo analyst Colin Langan has slashed price targets for both Ford and GM – two of the world’s biggest carmakers – by over 50%, citing high EV production costs and tight raw materials supply.
Escalating prices for raw materials like lithium and nickel adds ~$US12,600 “in unplanned costs” to GM’s Silverado EV alone, the analyst said.
“Given that auto manufacturers only make a few thousand dollars per car traditionally, I’d say the lack of foresight on securing battery metals supply is going to lead to some big problems with both output targets and profit guidance…,” muses Rhett Bennet, CEO at Texas based Black Mountain Metals in a LinkedIn post.
It goes some way to explaining why carmakers are more eager than ever to develop EV models with solid state lithium-ion batteries.
Compared to the incumbent liquid electrolyte technology, solid state offers:
Almost sounds too good to be true.
In March, South Korea’s Samsung SDI announced it has started construction of a pilot facility to verify its production tech.
“The site is expected to start production in early 2023 and the company said last week that it plans to accelerate its commercial-scale production, which it previously said would begin in 2027,” Argus says.
In early April, Japanese carmaker Nissan unveiled its prototype production facility for solid-state cells, which it aims to launch commercially in 2028.
This week, China’s Linghang Guochuang said it is moving ahead with a partnership with US-based carmaker Mullen.
“Data collected from solid-state cell testing show impressive results for solid-state batteries, including potential range of 600 miles on a full charge and over 300 miles of range delivered in 18 minutes with DC fast charging,” the companies said.
Then there’s behemothic South Korean conglomerate POSCO, which expects to complete construction on a solid electrolyte material plant with a capacity of 24t per year in H2 2022.
It also invested an undisclosed sum in ProLogium, a Taiwanese solid-state battery start-up with ties to Mercedes Benz.
Mercedes plans to use ProLogium’s solid-state battery cells in its passenger vehicles “in the second half of the decade”, Argus says.
Here’s how a 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]. Be nice, he’s fragile.
| CODE | COMPANY | 1 WEEK RETURN % | 1 MONTH RETURN % | 6 MONTH RETURN % | 1 YEAR RETURN % | PRICE | MARKET CAP |
|---|---|---|---|---|---|---|---|
| GAL | Galileo Mining | 303% | 283% | 303% | 210% | 0.805 | $143,989,870.28 |
| CNJ | Conico | 73% | 48% | -38% | -38% | 0.019 | $24,155,189.21 |
| GSR | Greenstone Resources | 38% | 11% | 54% | 82% | 0.04 | $39,407,508.63 |
| FRB | Firebird Metals | 27% | -1% | -26% | -34% | 0.33 | $17,320,976.64 |
| VRC | Volt Resources | 25% | -17% | -23% | -43% | 0.02 | $59,899,661.76 |
| PGD | Peregrine Gold | 24% | 14% | 33% | 58% | 0.545 | $17,037,567.71 |
| COB | Cobalt Blue | 22% | -5% | 119% | 165% | 0.875 | $266,053,343.51 |
| GED | Golden Deeps | 21% | -6% | 31% | 70% | 0.017 | $16,172,230.84 |
| RNU | Renascor Res | 17% | -23% | 92% | 248% | 0.24 | $484,148,184.75 |
| ASO | Aston Minerals | 16% | -6% | 21% | -9% | 0.145 | $147,766,331.43 |
| MRD | Mount Ridley Mines | 14% | -20% | 14% | 33% | 0.008 | $46,797,560.75 |
| ESS | Essential Metals | 13% | 0% | 144% | 504% | 0.55 | $124,135,431.68 |
| CMO | Cosmometalslimited | 13% | -8% | 0% | 0% | 0.175 | $3,571,400.00 |
| CZN | Corazon | 13% | -18% | -23% | -14% | 0.027 | $16,478,925.04 |
| RMX | Red Mount Min | 13% | 0% | -18% | -10% | 0.009 | $13,138,910.86 |
| G88 | Golden Mile Res | 13% | -18% | 8% | -16% | 0.054 | $11,205,293.77 |
| WC8 | Wildcat Resources | 13% | 3% | -27% | 16% | 0.036 | $21,293,999.99 |
| CXO | Core Lithium | 10% | -8% | 126% | 450% | 1.265 | $2,034,487,545.50 |
| QPM | Queensland Pacific | 10% | -16% | -30% | 52% | 0.16 | $223,751,404.00 |
| GME | GME Resources | 10% | -15% | 75% | 94% | 0.11 | $71,278,891.44 |
| BNR | Bulletin Res | 10% | -25% | 104% | 151% | 0.165 | $49,315,338.59 |
| LYC | Lynas Rare Earths | 10% | 0% | 17% | 72% | 9.37 | $7,977,318,137.36 |
| SCN | Scorpion Minerals | 10% | 14% | 34% | 73% | 0.09 | $28,869,313.70 |
| CMX | Chemxmaterials | 10% | -8% | 0% | 0% | 0.23 | $10,194,965.22 |
| VMC | Venus Metals Cor | 9% | -8% | -12% | 6% | 0.185 | $27,949,556.36 |
| MAN | Mandrake Res | 9% | -17% | -22% | -70% | 0.05 | $25,161,941.55 |
| ADV | Ardiden | 8% | -7% | 0% | 30% | 0.013 | $34,688,359.63 |
| THR | Thor Mining PLC | 8% | -19% | -13% | -28% | 0.013 | $13,224,267.70 |
| AX8 | Accelerate Resources | 8% | -39% | -17% | -13% | 0.04 | $10,274,897.06 |
| MIN | Mineral Resources. | 8% | -6% | 42% | 30% | 58.03 | $10,409,853,710.34 |
| CRR | Critical Resources | 8% | -1% | 64% | 486% | 0.082 | $108,595,744.62 |
| FGR | First Graphene | 8% | -15% | -33% | -40% | 0.14 | $75,604,559.76 |
| RAG | Ragnar Metals | 8% | -9% | -9% | -25% | 0.043 | $13,789,340.89 |
| EMN | Euromanganese | 7% | -17% | -44% | -32% | 0.3325 | $83,566,514.53 |
| LRS | Latin Resources | 7% | -44% | 145% | 88% | 0.1125 | $201,703,606.02 |
| KFM | Kingfisher Mining | 7% | -30% | 22% | 2% | 0.225 | $8,390,025.25 |
| AVL | Aust Vanadium | 7% | -20% | 109% | 169% | 0.0565 | $187,478,770.32 |
| AKE | Allkem Limited | 6% | -11% | 28% | 93% | 12.04 | $7,288,431,922.98 |
| PLS | Pilbara Min | 6% | -8% | 13% | 148% | 2.72 | $7,739,768,901.80 |
| MRR | Minrex Resources | 6% | -24% | 155% | 143% | 0.056 | $52,453,206.47 |
| MNS | Magnis Energy Tech | 5% | -13% | -40% | 37% | 0.405 | $381,761,704.96 |
| MCR | Mincor Resources NL | 5% | -11% | 75% | 131% | 2.28 | $1,065,607,613.40 |
| IPT | Impact Minerals | 5% | -23% | -32% | -32% | 0.0105 | $22,999,846.65 |
| JRV | Jervois Global | 5% | -13% | 53% | 100% | 0.84 | $1,253,794,542.83 |
| VR8 | Vanadium Resources | 5% | 5% | 41% | 112% | 0.11 | $49,676,799.27 |
| ASN | Anson Resources | 5% | -21% | -30% | 121% | 0.115 | $113,070,356.85 |
| ARU | Arafura Resource | 4% | -10% | 34% | 115% | 0.355 | $519,389,806.22 |
| SYR | Syrah Resources | 4% | 13% | 42% | 85% | 1.78 | $1,131,170,272.18 |
| RLC | Reedy Lagoon Corp. | 4% | -18% | -40% | 35% | 0.027 | $13,708,930.75 |
| CAE | Cannindah Resources | 4% | -29% | -10% | 366% | 0.275 | $154,785,201.46 |
| MMC | Mitremining | 4% | -24% | -31% | 0% | 0.145 | $3,927,339.50 |
| FG1 | Flynngold | 3% | -12% | -6% | 0% | 0.15 | $8,648,241.75 |
| MLS | Metals Australia | 3% | -48% | 128% | 128% | 0.091 | $38,440,265.14 |
| BSX | Blackstone | 3% | -24% | -50% | -13% | 0.305 | $136,371,793.85 |
| POS | Poseidon Nick | 3% | -25% | -29% | 6% | 0.067 | $199,157,369.19 |
| KGD | Kula Gold Limited | 3% | -23% | -27% | -10% | 0.036 | $7,746,322.75 |
| NMT | Neometals | 3% | -24% | 21% | 199% | 1.335 | $745,791,898.56 |
| KOB | Kobaresourceslimited | 3% | 0% | 0% | 0% | 0.195 | $13,000,000.00 |
| SGQ | St George Min | 3% | -13% | -36% | -49% | 0.041 | $27,846,866.16 |
| NTU | Northern Min | 2% | -25% | -36% | 14% | 0.042 | $199,243,448.26 |
| JMS | Jupiter Mines. | 2% | -12% | 0% | -24% | 0.22 | $421,183,072.10 |
| VUL | Vulcan Energy | 2% | -20% | -32% | 11% | 7.25 | $946,528,197.10 |
| RBX | Resource B | 2% | -6% | 31% | 576% | 0.23 | $9,767,423.76 |
| AZI | Altamin Limited | 2% | 7% | 27% | 10% | 0.098 | $37,996,524.94 |
| VML | Vital Metals Limited | 2% | -23% | -20% | -6% | 0.051 | $212,694,637.28 |
| KAI | Kairos Minerals | 2% | -15% | -15% | -12% | 0.0265 | $52,976,524.26 |
| 1MC | Morella Corporation | 2% | -19% | -56% | -56% | 0.0275 | $134,581,563.64 |
| STM | Sunstone Metals | 2% | -19% | -10% | 235% | 0.057 | $151,892,338.66 |
| CTM | Centaurus Metals | 2% | -23% | 9% | 67% | 1.17 | $461,274,774.84 |
| PVW | PVW Res | 2% | -25% | -30% | 117% | 0.315 | $28,848,014.91 |
| IG6 | Internationalgraphit | 2% | -16% | 0% | 0% | 0.315 | $24,853,872.94 |
| LEG | Legend Mining | 2% | -15% | 22% | -42% | 0.067 | $198,369,771.91 |
| RXL | Rox Resources | 1% | -26% | -14% | -31% | 0.34 | $54,905,807.78 |
| RAS | Ragusa Minerals | 1% | -17% | -22% | -4% | 0.075 | $9,424,337.25 |
| AGY | Argosy Minerals | 1% | -20% | 28% | 333% | 0.39 | $508,033,808.25 |
| GBR | Greatbould Resources | 1% | -21% | -28% | 7% | 0.097 | $39,234,112.09 |
| HAS | Hastings Tech Met | 1% | -10% | 1% | 38% | 0.2475 | $476,802,135.87 |
| LTR | Liontown Resources | 1% | -23% | -18% | 234% | 1.2725 | $2,729,320,371.51 |
| INR | Ioneer | 1% | -25% | -25% | 49% | 0.53 | $1,014,280,218.70 |
| GL1 | Globallith | 1% | -25% | 175% | 454% | 1.69 | $257,893,341.62 |
| OMH | OM Holdings Limited | 1% | -4% | -12% | -2% | 0.86 | $624,136,719.77 |
| PSC | Prospect Res | 0% | 9% | 69% | 492% | 0.9475 | $412,653,804.89 |
| VIA | Viagold Rare Earth | 0% | 0% | 0% | 2339% | 2 | $166,624,808.00 |
| NWC | New World Resources | 0% | -19% | -35% | -45% | 0.046 | $73,457,529.81 |
| QXR | Qx Resources Limited | 0% | -36% | 69% | 206% | 0.049 | $42,108,753.73 |
| HNR | Hannans | 0% | -21% | -43% | 276% | 0.026 | $62,550,515.42 |
| LKE | Lake Resources | 0% | -27% | 54% | 496% | 1.46 | $1,913,089,726.52 |
| DEV | Devex Resources | 0% | -25% | -29% | 27% | 0.375 | $122,531,747.91 |
| AVZ | AVZ Minerals | 0% | -34% | 38% | 438% | 0.78 | $2,752,409,203.44 |
| STK | Strickland Metals | 0% | 14% | 7% | 204% | 0.073 | $96,062,962.50 |
| CLA | Celsius Resource | 0% | -20% | -29% | -57% | 0.02 | $24,429,315.36 |
| ESR | Estrella Res | 0% | -24% | -47% | -61% | 0.019 | $24,013,630.80 |
| BEM | Blackearth Minerals | 0% | -22% | -9% | -11% | 0.105 | $26,493,929.76 |
| TKL | Traka Resources | 0% | -10% | -36% | -44% | 0.009 | $6,198,971.05 |
| SYA | Sayona Mining | 0% | -22% | 71% | 730% | 0.265 | $1,831,600,623.98 |
| ATM | Aneka Tambang | 0% | 5% | 21% | 25% | 1.25 | $1,629,561.25 |
| ALY | Alchemy Resource | 0% | 22% | 83% | 41% | 0.022 | $19,061,481.14 |
| LML | Lincoln Minerals | 0% | 0% | 0% | 0% | 0.008 | $4,599,869.49 |
| BYH | Bryah Resources | 0% | -16% | -18% | -36% | 0.047 | $10,179,322.88 |
| GSM | Golden State Mining | 0% | -29% | -37% | -46% | 0.065 | $6,747,952.38 |
| TSC | Twenty Seven Co. | 0% | 0% | -20% | -20% | 0.004 | $9,312,848.67 |
| WML | Woomera Mining | 0% | -19% | 5% | -15% | 0.021 | $13,736,661.32 |
| ENT | Enterprise Metals | 0% | -36% | 1% | -41% | 0.014 | $9,025,055.97 |
| AOA | Ausmon Resorces | 0% | -27% | 14% | 33% | 0.008 | $6,858,314.74 |
| RR1 | Reach Resources | 0% | -25% | -40% | 64% | 0.006 | $11,460,303.83 |
| AVW | Avira Resources | 0% | -17% | -29% | -17% | 0.005 | $10,593,950.00 |
| SRZ | Stellar Resources | 0% | -23% | -4% | 5% | 0.023 | $19,303,960.40 |
| CZL | Cons Zinc | 0% | -20% | -38% | -41% | 0.024 | $9,135,303.14 |
| LPM | Lithium Plus | 0% | 0% | 0% | 0% | 0.625 | $28,555,648.00 |
| ODE | Odessa Minerals | 0% | -16% | 220% | 220% | 0.016 | $9,668,719.94 |
| NIC | Nickel Mines Limited | -1% | -6% | 8% | 17% | 1.18 | $3,168,277,256.52 |
| PRL | Province Resources | -1% | -5% | -51% | -52% | 0.088 | $101,918,063.37 |
| BUX | Buxton Resources | -1% | -18% | -4% | 5% | 0.086 | $12,687,131.18 |
| LMG | Latrobe Magnesium | -1% | -18% | -47% | 311% | 0.074 | $112,258,408.57 |
| AXE | Archer Materials | -1% | -23% | -53% | -5% | 0.7 | $169,789,036.80 |
| TNG | TNG Limited | -1% | -23% | -20% | -22% | 0.069 | $97,189,275.54 |
| TEM | Tempest Minerals | -1% | -34% | 120% | 221% | 0.066 | $31,279,465.56 |
| JRL | Jindalee Resources | -2% | -21% | 41% | 57% | 3.75 | $212,302,174.20 |
| DTM | Dart Mining NL | -2% | -27% | -43% | -57% | 0.06 | $7,469,455.80 |
| BHP | BHP Group Limited | -2% | -13% | 25% | -8% | 45.45 | $229,373,863,738.90 |
| AZL | Arizona Lithium | -2% | -16% | 24% | 375% | 0.1425 | $312,580,689.68 |
| LRV | Larvottoresources | -2% | 4% | 0% | 0% | 0.28 | $12,362,250.00 |
| LPD | Lepidico | -2% | -29% | -41% | 83% | 0.0275 | $173,059,644.56 |
| PNN | PepinNini Minerals | -2% | -35% | -16% | 116% | 0.55 | $32,564,410.52 |
| AS2 | Askarimetalslimited | -2% | -28% | 161% | 0% | 0.495 | $20,374,003.51 |
| BRB | Breaker Res NL | -2% | -25% | -42% | 25% | 0.225 | $71,685,004.38 |
| PAM | Pan Asia Metals | -2% | -20% | -11% | 267% | 0.44 | $32,041,510.14 |
| WR1 | Winsome Resources | -2% | -19% | 0% | 0% | 0.4 | $51,980,387.69 |
| AML | Aeon Metals . | -3% | -46% | -21% | -42% | 0.038 | $34,882,078.86 |
| IMI | Infinitymining | -3% | -5% | 0% | 0% | 0.175 | $9,487,500.00 |
| CAI | Calidus Resources | -3% | -17% | 33% | 121% | 0.85 | $327,872,061.52 |
| E25 | Element 25 | -3% | -28% | -49% | -66% | 0.665 | $95,443,980.63 |
| NKL | Nickelx | -3% | 10% | 33% | 7% | 0.16 | $10,246,500.00 |
| EMS | Eastern Metals | -3% | -18% | -36% | 0% | 0.16 | $5,696,000.00 |
| NVA | Nova Minerals | -3% | -30% | -58% | -56% | 0.61 | $109,923,393.85 |
| S2R | S2 Resources | -3% | -12% | -25% | -12% | 0.15 | $53,456,228.25 |
| S32 | South32 Limited | -3% | -13% | 30% | 53% | 4.48 | $20,434,891,338.40 |
| HXG | Hexagon Energy | -3% | -40% | -73% | -70% | 0.028 | $13,848,729.33 |
| INF | Infinity Lithium | -4% | -18% | -37% | -29% | 0.135 | $56,001,974.54 |
| TON | Triton Min | -4% | -16% | -36% | -31% | 0.027 | $35,245,956.96 |
| FFX | Firefinch | -4% | -19% | 33% | 112% | 0.91 | $1,021,775,386.17 |
| CHR | Charger Metals | -4% | -21% | 30% | 0% | 0.6 | $18,897,000.30 |
| ZNC | Zenith Minerals | -4% | -11% | 54% | 34% | 0.355 | $125,525,016.58 |
| GT1 | Greentechnology | -4% | -15% | 113% | 0% | 0.82 | $107,623,280.00 |
| MQR | Marquee Resource | -4% | -26% | -34% | 48% | 0.092 | $29,616,106.08 |
| REE | Rarex Limited | -4% | -24% | -19% | -8% | 0.0795 | $44,453,640.96 |
| IPX | Iperionx Limited | -4% | -33% | -8% | -12% | 0.885 | $126,961,084.36 |
| TMB | Tambourahmetals | -4% | -19% | -27% | 0% | 0.22 | $8,444,482.59 |
| LIT | Lithium Australia | -4% | -21% | -36% | -24% | 0.087 | $90,058,504.49 |
| WKT | Walkabout Resources | -4% | -12% | 10% | 16% | 0.215 | $101,761,900.20 |
| AM7 | Arcadia Minerals | -4% | -20% | -12% | 0% | 0.215 | $7,348,425.00 |
| SHH | Shree Minerals | -5% | -34% | -5% | -30% | 0.0105 | $12,222,368.92 |
| KTA | Krakatoa Resources | -5% | -32% | 44% | 28% | 0.082 | $28,266,213.19 |
| SRI | Sipa Resources | -5% | -25% | -27% | -37% | 0.04 | $7,995,967.32 |
| TLG | Talga Group | -5% | -16% | -35% | -7% | 1.33 | $396,466,874.70 |
| OZL | OZ Minerals | -5% | -19% | -14% | -13% | 21.82 | $7,183,628,536.94 |
| ENV | Enova Mining Limited | -5% | -10% | -14% | -14% | 0.018 | $6,095,859.19 |
| WIN | Widgienickellimited | -5% | -23% | 64% | 0% | 0.36 | $91,323,000.00 |
| ARR | American Rare Earths | -5% | -20% | 94% | 393% | 0.35 | $132,510,903.56 |
| ILU | Iluka Resources | -5% | -20% | 13% | 19% | 9.94 | $4,212,667,918.71 |
| AZS | Azure Minerals | -6% | -27% | -37% | -9% | 0.255 | $77,683,930.25 |
| ADD | Adavale Resource | -6% | -35% | -35% | -49% | 0.033 | $12,059,482.00 |
| EGR | Ecograf Limited | -6% | -29% | -40% | -34% | 0.405 | $186,888,385.49 |
| KZR | Kalamazoo Resources | -6% | -25% | -17% | -22% | 0.32 | $48,640,115.29 |
| ARN | Aldoro Resources | -6% | -16% | -54% | -29% | 0.235 | $21,826,989.58 |
| EUR | European Lithium | -6% | -29% | -48% | 44% | 0.078 | $105,101,436.34 |
| LPI | Lithium Pwr Int | -6% | -31% | 19% | 146% | 0.5775 | $199,012,563.36 |
| AOU | Auroch Minerals | -6% | -29% | -34% | -58% | 0.092 | $32,878,463.71 |
| MTM | Mtmongerresources | -6% | -21% | -3% | 0% | 0.15 | $5,801,605.28 |
| PAN | Panoramic Resources | -6% | -27% | 7% | 68% | 0.2525 | $543,492,211.06 |
| IGO | IGO Limited | -7% | -22% | 11% | 49% | 10.93 | $8,042,184,174.06 |
| SLZ | Sultan Resources | -7% | -13% | -18% | -50% | 0.14 | $11,659,814.46 |
| LOT | Lotus Resources | -7% | -30% | -18% | 57% | 0.275 | $259,392,735.42 |
| EMH | European Metals Hldg | -7% | -22% | -30% | -20% | 1 | $139,369,195.35 |
| FNT | Frontier Resources | -7% | -28% | -16% | 79% | 0.026 | $20,945,639.25 |
| ARL | Ardea Resources | -7% | -42% | 134% | 140% | 1.09 | $178,224,660.60 |
| PNT | Panthermetals | -7% | -27% | 0% | 0% | 0.19 | $6,300,000.00 |
| PGM | Platina Resources | -8% | -33% | -46% | -37% | 0.037 | $16,072,146.65 |
| EFE | Eastern Resources | -8% | -28% | -54% | 200% | 0.036 | $35,799,718.72 |
| EMT | Emetals Limited | -8% | -14% | -20% | -59% | 0.012 | $10,200,000.00 |
| TMT | Technology Metals | -8% | -23% | -5% | 1% | 0.35 | $76,123,629.49 |
| GRE | Greentechmetals | -8% | -28% | 0% | 0% | 0.17 | $5,473,999.83 |
| AAJ | Aruma Resources | -8% | -45% | -6% | 18% | 0.077 | $12,086,035.73 |
| KOR | Korab Resources | -8% | -18% | -60% | 154% | 0.033 | $11,562,075.00 |
| GLN | Galan Lithium | -8% | -29% | -11% | 104% | 1.42 | $421,593,116.37 |
| IXR | Ionic Rare Earths | -8% | -30% | 23% | 100% | 0.054 | $212,993,270.60 |
| RFR | Rafaella Resources | -9% | -9% | -49% | -61% | 0.041 | $8,986,363.28 |
| LSR | Lodestar Minerals | -9% | -38% | 0% | -23% | 0.01 | $17,384,373.48 |
| SRL | Sunrise | -9% | -11% | 47% | 21% | 2.83 | $247,659,167.25 |
| AQD | Ausquest Limited | -10% | -25% | 0% | 6% | 0.019 | $16,502,984.46 |
| PUR | Pursuit Minerals | -10% | -34% | -49% | -69% | 0.019 | $18,910,983.88 |
| AR3 | Austrare | -10% | -35% | -48% | 0% | 0.465 | $34,910,940.16 |
| SBR | Sabre Resources | -10% | -36% | -25% | -10% | 0.0045 | $13,945,824.27 |
| WMG | Western Mines | -10% | -26% | 13% | 0% | 0.215 | $8,608,637.50 |
| PLL | Piedmont Lithium Inc | -11% | -22% | -12% | 6% | 0.745 | $393,040,246.00 |
| CNB | Carnaby Resource | -12% | -16% | 276% | 166% | 1.09 | $157,171,102.04 |
| AKN | Auking Mining | -12% | -31% | -38% | -72% | 0.11 | $10,348,041.21 |
| CHN | Chalice Mining | -12% | -23% | -43% | -23% | 5.61 | $1,931,327,698.56 |
| RGL | Riversgold | -12% | -43% | 116% | 3% | 0.043 | $23,429,289.85 |
| MRC | Mineral Commodities | -13% | 0% | -13% | -52% | 0.105 | $53,499,063.40 |
| BKT | Black Rock Mining | -13% | -21% | -7% | 21% | 0.205 | $195,438,406.40 |
| NC1 | Nicoresourceslimited | -13% | -21% | 0% | 0% | 0.945 | $78,088,751.79 |
| WCN | White Cliff Min | -13% | -39% | 54% | 25% | 0.02 | $13,072,067.24 |
| BOA | Boadicea Resources | -13% | -18% | -13% | -53% | 0.165 | $12,431,983.20 |
| MOH | Moho Resources | -13% | -29% | -36% | -47% | 0.039 | $5,075,019.07 |
| LEL | Lithenergy | -13% | 17% | 23% | 0% | 1.165 | $52,374,000.00 |
| EVR | Ev Resources | -14% | -39% | -17% | 36% | 0.038 | $36,113,378.77 |
| NWM | Norwest Minerals | -14% | -28% | -42% | -52% | 0.043 | $7,585,510.25 |
| A8G | Australasian Metals | -14% | -29% | -47% | 109% | 0.365 | $14,821,377.84 |
| MLX | Metals X Limited | -14% | -27% | 28% | 127% | 0.51 | $467,242,024.51 |
| CML | Chase Mining Limited | -15% | -27% | -31% | -39% | 0.011 | $5,149,460.37 |
| AUZ | Australian Mines | -16% | -40% | -41% | -29% | 0.135 | $60,250,077.58 |
| FTL | Firetail Resources | -16% | -25% | 0% | 0% | 0.305 | $18,843,662.50 |
| QEM | QEM Limited | -17% | -20% | -20% | 0% | 0.2 | $23,717,881.59 |
| CWX | Carawine Resources | -18% | -33% | -32% | -49% | 0.14 | $19,985,980.32 |
| GW1 | Greenwing Resources | -18% | -28% | -40% | 3% | 0.31 | $38,822,914.94 |
| PEK | Peak Rare Earths | -22% | -34% | -30% | -50% | 0.485 | $103,674,268.50 |
| FRS | Forrestaniaresources | -22% | -35% | -45% | 0% | 0.225 | $6,322,230.90 |
| BMM | Balkanminingandmin | -23% | -28% | -49% | 0% | 0.265 | $9,333,750.00 |
A +300% weekly gain for Galileo Mining (ASX:GAL) after announcing a major palladium-platinum-nickel discovery at the ‘Norseman’ project in WA.
The discovery hole at the ‘Callisto’ prospect returned a 33m-long intersection grading 2g/t 3E (1.64g/t palladium, 0.28g/t platinum, 0.09g/t gold), 0.32% copper & 0.30% nickel from 144m.
This 33m assayed intersection occurs within a wider 55m disseminated sulphide zone (126–181m) “indicating the potential for a large mineralised system”, GAL says.
Assays from a further five drill holes are pending, but GAL has already flagged strong geological continuity “with all drill holes intersecting disseminated sulphides”.
Special mention goes to the Mt Thirsty Joint Venture (50% Conico (ASX:CNJ); 50% Greenstone Resources (ASX:GSR), which is right next door.
“… prospective horizons from GAL appear to trend on to ground held by the Mt Thirsty Joint Venture,” director and shareholder of CNJ Guy Le Page says.
“It appears around 1.5km of this layered intrusion (Mission Sill) appear to strike on to the JV ground (figure 8) and remain largely untested.”
Mining
Mining
Mining
