• Statevolt plans battery metals plant in US, signs lithium supply deal with Controlled Thermal Resources
  • WA’s Curtin University gets $50m Trailblazer funding for resources technology and critical minerals hub
  • Weekly ASX battery metal standouts include Volt Resources, Larvotto Resources and Impact Minerals

 

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

 

Electric vehicle (EV) batteries and the metals used to make them – like lithium, cobalt, nickel and manganese – could face a worse supply crunch than the semiconductor shortage, according to carmaker Rivian’s CEO RJ Scaringe.

“Semiconductors are a small appetiser to what we are about to feel on battery cells over the next two decades,” Scaringe told The Wall Street Journal.

He says that all the world’s cell production combined represents “well under 10% of what we will need in 10 years”, meaning that 90% to 95% of the supply chain does not exist.

Rivian is now looking to diversify its supply chain and build its capacity to create its own battery cells – but another player is already actively moving to build a battery plant.

Statevolt is a new US company recently launched by Italvolt CEO Lars Carlstrom, and the plan is to build a 54 GWh lithium battery gigafactory in Imperial Valley, California.

“Today, we face a significant shortage in the amount of lithium that is required to meet the demand for electric vehicles,” Carlstrom said.

“We are pioneering a new, hyper-local business model, which prioritises sustainability and resilience in the supply chain to solve this issue.”

At full capacity, the battery output will be capable of powering about 650,000 electric vehicles annually, Statevolt says.

The company has also signed a letter of intent with Controlled Thermal Resources to supply lithium to the proposed plant from its proposed Hell’s Kitchen project near California’s Salton Sea.

 

Curtin nabs Trailblazer funding for critical minerals hub

Curtin University in WA has been named as the first of Australia’s four “Trailblazer” universities, receiving $50 million in federal funding to develop a research commercialisation hubs for resources technology and critical minerals.

Curtin Uni will partner with The University of Queensland and James Cook University, and 33 company partners across Australia involved in value chains requiring lithium, nickel, cobalt, vanadium and hydrogen resources.

“The mission of the collaboration is to conduct and translate the research needed to link the value chains so desperately needed if Australia is to become a genuine international leader in efficient production of critical minerals, precursors and ultimately, metals,” Curtin Deputy Vice-Chancellor Research, Professor Chris Moran said.

“In doing so, Trailblazer will add significant value, resilience, and sovereign capability throughout Australia’s critical minerals and hydrogen energy value chains.

“It will deliver the skills and the future workforce required to realise the potential benefits from our resources.”

 

Battery Metals Winners and Losers

 

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 friendly mail to [email protected]

Code Company Price % Year % Six Month % Month % Week Market Cap
TEM Tempest Minerals 0.0875 450% 298% 79% 143% $46,943,254.37
TMT Technology Metals 0.455 42% 49% 20% 44% $86,028,068.37
GRE Greentechmetals 0.325 0% 0% 86% 38% $10,322,399.67
MTM Mtmongerresources 0.135 0% 0% -21% 29% $4,895,104.46
CNB Carnaby Resource Ltd 0.92 156% 25% -4% 28% $139,501,262.71
ODE Odessa Minerals Ltd 0.014 250% 180% -18% 27% $6,445,813.30
QXR Qx Resources Limited 0.03 88% 43% -46% 25% $23,202,782.67
SYA Sayona Mining Ltd 0.16 147% 28% -24% 23% $1,153,947,221.84
WIN Widgienickellimited 0.325 0% 48% -12% 23% $92,574,000.00
AX8 Accelerate Resources 0.034 3% -8% -13% 21% $7,903,766.97
CMO Cosmometalslimited 0.17 0% 0% 21% 21% $4,081,600.00
A8G Australasian Metals 0.24 78% -50% -38% 20% $6,998,983.98
ARR American Rare Earths 0.275 253% 67% -19% 20% $91,012,135.28
NC1 Nicoresourceslimited 0.83 0% 0% -41% 18% $69,800,001.60
QPM Queensland Pacific 0.1175 -19% -31% -33% 18% $195,451,641.38
NKL Nickelxltd 0.135 -10% 17% -27% 17% $8,073,000.00
PLS Pilbara Min Ltd 2.385 61% -19% -18% 17% $6,906,288,250.88
SYR Syrah Resources 1.31 29% -18% -27% 16% $856,886,795.52
AVW Avira Resources Ltd 0.004 -20% -27% -11% 14% $8,475,160.00
INR Ioneer Ltd 0.4225 19% -43% -21% 14% $867,889,259.30
LMG Latrobe Magnesium 0.06 253% -35% -20% 13% $93,014,109.96
STM Sunstone Metals Ltd 0.043 187% -53% -20% 13% $115,850,088.81
ESS Essential Metals Ltd 0.39 319% 117% -31% 13% $98,594,970.00
LRV Larvottoresources 0.26 0% 117% -21% 13% $11,629,100.00
PNN Power Minerals Ltd 0.45 73% 13% -9% 13% $27,374,960.43
1MC Morella Corporation 0.018 -72% 64% -36% 13% $103,524,279.72
NVA Nova Minerals Ltd 0.64 -51% -44% 2% 12% $103,616,313.88
VR8 Vanadium Resources 0.083 20% 28% -25% 12% $38,828,014.67
LOT Lotus Resources Ltd 0.235 34% -23% -10% 12% $225,133,317.53
LYC Lynas Rare Earths 9.33 67% -4% -1% 11% $8,311,210,412.34
CAE Cannindah Resources 0.2 233% 18% -18% 11% $120,091,966.65
EUR European Lithium Ltd 0.06 7% -48% -17% 11% $84,357,731.80
JRV Jervois Global Ltd 0.55 6% -4% -32% 11% $813,066,764.14
RGL Riversgold 0.03 -15% 95% -27% 11% $24,204,031.97
MLS Metals Australia 0.051 70% 28% -40% 11% $30,105,918.12
LPI Lithium Pwr Int Ltd 0.415 124% 0% -27% 11% $143,149,387.68
PVW PVW Res Ltd 0.26 79% -30% -13% 11% $25,115,906.25
AKE Allkem Limited 10.75 70% 9% -23% 10% $6,893,083,909.66
ILU Iluka Resources 9.54 16% -2% -12% 9% $3,924,187,134.75
LPM Lithium Plus 0.415 0% 0% -23% 9% $18,070,371.00
MRR Minrex Resources Ltd 0.036 80% 0% -35% 9% $40,285,584.52
MCR Mincor Resources NL 1.7375 59% 3% -28% 9% $808,893,051.99
VUL Vulcan Energy 5.87 -26% -43% -22% 9% $826,731,165.20
NTU Northern Min Ltd 0.04 21% -23% -7% 8% $189,532,835.66
GL1 Globallith 1.28 433% 60% -22% 8% $200,753,293.84
LPD Lepidico Ltd 0.027 125% -25% -7% 8% $175,693,631.39
NIC Nickel Industries 1.0675 7% -26% -13% 7% $2,826,868,069.40
BUX Buxton Resources Ltd 0.074 -8% -6% -19% 7% $10,499,694.77
ADV Ardiden Ltd 0.0075 -17% -32% -32% 7% $18,678,347.49
BKT Black Rock Mining 0.16 10% -27% -20% 7% $151,474,625.13
LRS Latin Resources Ltd 0.064 28% 129% -44% 7% $131,244,334.18
IG6 Internationalgraphit 0.32 0% 0% 12% 7% $25,261,313.48
COB Cobalt Blue Ltd 0.6325 130% 52% -23% 6% $211,987,984.56
VRC Volt Resources Ltd 0.017 -51% -35% -11% 6% $54,512,434.21
GLN Galan Lithium Ltd 1.135 38% -41% -20% 6% $362,235,240.78
BHP BHP Group Limited 42.69 0% 16% -2% 6% $208,567,715,428.00
PRL Province Resources 0.056 -57% -63% -38% 6% $64,340,456.24
AR3 Austrare 0.395 0% -55% -14% 5% $36,652,597.52
EMH European Metals Hldg 0.7 -54% -48% -26% 5% $99,951,645.15
AKN Auking Mining Ltd 0.081 -42% -37% -17% 5% $8,173,318.10
MNS Magnis Energy Tech 0.315 21% -31% -23% 5% $309,275,305.28
MNS Magnis Energy Tech 0.315 21% -31% -23% 5% $309,275,305.28
CZL Cons Zinc Ltd 0.021 -45% -30% -13% 5% $5,813,725.01
MQR Marquee Resource Ltd 0.064 25% -42% -39% 5% $20,276,651.53
AGY Argosy Minerals Ltd 0.33 244% 20% -27% 5% $467,837,590.52
AML Aeon Metals Ltd. 0.022 -71% -42% -39% 5% $20,813,757.78
RAS Ragusa Minerals Ltd 0.09 34% 27% -53% 5% $11,567,726.35
POS Poseidon Nick Ltd 0.046 -41% -54% -33% 5% $140,942,138.20
EMN Euromanganese 0.24 -53% -45% -21% 4% $60,224,093.20
CHN Chalice Mining Ltd 3.86 -45% -56% -38% 4% $1,457,221,352.72
EMS Eastern Metals 0.13 0% -30% -32% 4% $4,628,000.00
LTR Liontown Resources 1.055 46% -31% -20% 4% $2,378,564,339.83
FRS Forrestaniaresources 0.135 0% -53% -36% 4% $4,100,082.56
EVR Ev Resources Ltd 0.027 29% -48% -31% 4% $24,075,585.85
EVR Ev Resources Ltd 0.027 29% -48% -31% 4% $24,075,585.85
S2R S2 Resources 0.14 17% -24% -20% 4% $51,674,353.98
S32 South32 Limited 4.21 44% 5% -11% 4% $18,729,655,857.20
GED Golden Deeps 0.0145 12% 21% -28% 4% $16,173,174.00
RBX Resource B 0.15 341% -19% -9% 3% $4,883,711.88
RBX Resource B 0.15 341% -19% -9% 3% $4,883,711.88
RNU Renascor Res Ltd 0.155 125% 29% -31% 3% $344,677,364.96
PAM Pan Asia Metals 0.47 236% -1% -1% 3% $37,197,615.22
MIN Mineral Resources. 49.88 -2% -9% -19% 3% $9,215,993,715.57
CTM Centaurus Metals Ltd 0.965 32% -16% -18% 3% $397,208,833.89
BEM Blackearth Minerals 0.07 -30% -39% -30% 3% $19,194,581.76
BSX Blackstone Ltd 0.195 -43% -65% -34% 3% $94,289,513.00
QEM QEM Limited 0.2 25% 8% -15% 3% $24,326,032.40
PAN Panoramic Resources 0.21 50% -21% -24% 2% $420,437,370.82
VML Vital Metals Limited 0.042 -9% -14% -21% 2% $179,330,772.61
WR1 Winsome Resources 0.21 0% -38% -50% 2% $29,725,078.68
CRR Critical Resources 0.046 64% 28% -42% 2% $71,424,731.47
LEL Lithenergy 0.735 93% -16% -41% 2% $34,314,000.00
RXL Rox Resources 0.26 -44% -25% -22% 2% $43,924,646.22
REE Rarex Limited 0.058 -24% -42% -28% 2% $33,762,258.96
ARU Arafura Resource Ltd 0.3 114% 50% -21% 2% $474,010,361.26
MLX Metals X Limited 0.38 62% -17% -24% 1% $344,761,105.46
IXR Ionic Rare Earths 0.0395 65% -8% -21% 1% $151,031,591.88
NMT Neometals Ltd 0.925 103% -16% -29% 1% $531,925,104.12
JRL Jindalee Resources 2.88 20% 41% -10% 1% $166,399,001.40
AZI Altamin Limited 0.096 39% 47% -1% 1% $37,604,808.19
AZI Altamin Limited 0.096 39% 47% -1% 1% $37,604,808.19
IGO IGO Limited 10.425 38% -8% -14% 1% $7,837,721,864.55
VIA Viagold Rare Earth 2 2339% 0% 0% 0% $166,624,808.00
PSC Prospect Res Ltd 0.97 397% 28% 1% 0% $435,590,475.45
HNR Hannans Ltd 0.021 204% -34% -9% 0% $54,731,701.00
MRD Mount Ridley Mines 0.005 67% -38% -33% 0% $29,285,142.20
AVZ AVZ Minerals Ltd 0.78 373% 11% 0% 0% $2,752,409,203.44
RLC Reedy Lagoon Corp. 0.017 6% -45% -35% 0% $9,476,257.50
EGR Ecograf Limited 0.275 -52% -59% -35% 0% $121,590,033.93
MMC Mitremining 0.12 0% -37% -17% 0% $3,250,212.00
RMX Red Mount Min Ltd 0.005 -50% -44% -38% 0% $9,854,183.15
LML Lincoln Minerals 0.008 0% 0% 0% 0% $4,599,869.49
WKT Walkabout Resources 0.215 0% 5% 0% 0% $97,239,149.08
VMC Venus Metals Cor Ltd 0.16 -14% -6% -16% 0% $27,194,162.94
EFE Eastern Resources 0.023 64% -57% -34% 0% $23,866,479.14
BNR Bulletin Res Ltd 0.12 88% 74% -29% 0% $35,110,932.00
AS2 Askarimetalslimited 0.265 0% 36% -45% 0% $11,022,481.55
IMI Infinitymining 0.14 0% -15% -7% 0% $8,337,500.00
RAG Ragnar Metals Ltd 0.04 -47% 38% -18% 0% $14,788,210.67
TMB Tambourahmetals 0.14 0% -39% -35% 0% $5,766,963.72
JMS Jupiter Mines. 0.19 -36% -16% -10% 0% $372,208,296.27
E25 Element 25 Ltd 0.5 -78% -60% -21% 0% $76,355,184.50
ENV Enova Mining Limited 0.016 -24% -33% -11% 0% $5,875,440.99
RR1 Reach Resources Ltd 0.004 -50% -50% -27% 0% $7,640,202.56
ZNC Zenith Minerals Ltd 0.27 2% 20% -29% 0% $99,981,060.91
THR Thor Mining PLC 0.009 -44% -25% -36% 0% $10,673,009.73
CLZ Classic Min Ltd 0.001 0% 0% 0% 0% $31,024,646.55
ATM Aneka Tambang 1.245 25% 14% 0% 0% $1,623,043.01
TLG Talga Group Ltd 1.115 -22% -28% -19% -1% $359,869,932.42
MRC Mineral Commodities 0.085 -58% -14% -23% -1% $45,474,203.89
DTM Dart Mining NL 0.057 -61% -29% -17% -2% $7,709,829.12
FTL Firetail Resources 0.27 0% 0% -18% -2% $16,681,275.00
ASN Anson Resources Ltd 0.098 56% -11% -25% -2% $99,707,496.50
LEG Legend Mining 0.049 -53% -16% -32% -2% $132,246,514.61
GW1 Greenwing Resources 0.225 -10% -44% -26% -2% $26,498,180.04
CHR Charger Metals 0.38 0% 0% -31% -3% $12,706,603.65
AM7 Arcadia Minerals 0.185 -8% -12% -16% -3% $8,639,110.02
SRI Sipa Resources Ltd 0.035 -35% -19% -10% -3% $6,765,818.50
SCN Scorpion Minerals 0.07 15% -9% -28% -3% $24,555,508.21
PNT Panthermetalsltd 0.175 0% -3% -20% -3% $4,785,000.00
HASDA Hastings Tech Met 4.08 20% -15% -15% -3% $404,774,579.37
LNR Lanthanein Resources 0.0165 22% -25% -31% -3% $13,405,209.12
SGQ St George Min Ltd 0.032 -56% -48% -18% -3% $20,300,516.43
IPX Iperionx Limited 0.79 -10% -13% 1% -3% $123,453,872.08
AXE Archer Materials 0.59 -30% -48% -18% -3% $154,049,668.34
NWM Norwest Minerals 0.028 -66% -57% -35% -3% $5,057,006.84
ASO Aston Minerals Ltd 0.08 -53% -18% -41% -4% $94,650,129.39
CAI Calidus Resources 0.605 30% 1% -32% -4% $262,095,377.70
SLZ Sultan Resources Ltd 0.096 -52% -42% -38% -4% $7,912,016.96
GME GME Resources Ltd 0.095 94% 36% -24% -4% $56,429,122.39
CXO Core Lithium 1.03 338% 91% -21% -4% $1,775,927,008.90
AZL Arizona Lithium Ltd 0.089 287% -1% -41% -4% $200,944,729.08
AZL Arizona Lithium Ltd 0.089 287% -1% -41% -4% $200,944,729.08
BRB Breaker Res NL 0.185 12% -36% -23% -5% $61,909,776.51
ESR Estrella Res Ltd 0.018 -64% -18% -33% -5% $21,612,267.72
BMM Balkanminingandmin 0.18 0% -50% -33% -5% $6,058,750.00
WML Woomera Mining Ltd 0.018 -4% 6% -25% -5% $12,362,995.19
BYH Bryah Resources Ltd 0.033 -48% -31% -30% -6% $7,464,836.78
AVL Aust Vanadium Ltd 0.032 68% 14% -27% -6% $130,048,245.76
SRZ Stellar Resources 0.016 -33% -27% -30% -6% $14,268,144.64
SRL Sunrise 2.3 19% 28% -23% -6% $207,133,121.70
OMH OM Holdings Limited 0.76 -22% -10% -12% -6% $565,046,852.81
NWC New World Resources 0.03 -61% -55% -23% -6% $46,310,181.84
STK Strickland Metals 0.06 28% -13% -23% -6% $79,429,109.35
PGM Platina Resources 0.029 -63% -54% -29% -6% $13,031,470.26
ARL Ardea Resources Ltd 0.795 62% 62% -31% -6% $135,790,217.60
OZL OZ Minerals 18.5 -19% -34% -20% -7% $6,179,393,419.94
KOB Kobaresourceslimited 0.14 0% 0% -26% -7% $9,100,000.00
GBR Greatbould Resources 0.067 -20% -50% -30% -7% $29,389,616.02
WC8 Wildcat Resources 0.026 0% -51% -21% -7% $16,777,090.90
CLA Celsius Resource Ltd 0.012 -63% -37% -40% -8% $14,657,589.22
GT1 Greentechnology 0.64 0% 45% -31% -8% $113,373,000.09
INF Infinity Lithium 0.115 40% -30% -15% -8% $47,726,502.59
DEV Devex Resources Ltd 0.23 -39% -52% -39% -8% $70,691,393.03
FGR First Graphene Ltd 0.115 -52% -44% -15% -8% $64,403,884.24
KGD Kula Gold Limited 0.023 -39% -44% -28% -8% $4,949,039.54
MAN Mandrake Res Ltd 0.034 -77% -31% -31% -8% $17,311,749.11
PGD Peregrine Gold 0.355 -1% -19% -32% -9% $13,783,200.84
EMT Emetals Limited 0.01 -52% -44% -23% -9% $8,500,000.00
KAI Kairos Minerals Ltd 0.018 -44% -31% -31% -10% $31,393,495.86
GSM Golden State Mining 0.04 -74% -51% -38% -10% $4,773,274.08
ARN Aldoro Resources 0.13 -57% -65% -41% -10% $13,393,834.52
PLL Piedmont Lithium Inc 0.6225 -34% -16% -28% -10% $324,456,042.00
WMG Western Mines 0.125 0% -22% -29% -11% $4,945,387.50
FFX Firefinch Ltd 0.2 -56% -73% -81% -11% $236,248,644.20
RFR Rafaella Resources 0.032 -65% -51% -20% -11% $7,513,213.63
KTA Krakatoa Resources 0.047 -4% 0% -37% -11% $15,856,656.18
AQD Ausquest Limited 0.023 15% 35% 15% -12% $18,978,432.13
FRB Firebird Metals 0.265 -54% -32% -20% -12% $14,959,025.28
KFM Kingfisher Mining 0.25 28% 32% -7% -12% $8,561,250.25
IPT Impact Minerals 0.007 -44% -48% -36% -13% $17,369,593.89
SHH Shree Minerals Ltd 0.007 -42% -22% -22% -13% $8,669,408.24
HXG Hexagon Energy 0.02 -73% -73% -26% -13% $10,514,775.97
ALY Alchemy Resource Ltd 0.013 -5% 18% -52% -13% $13,343,036.80
GAL Galileo Mining Ltd 1.32 380% 529% -22% -14% $226,192,448.90
MOH Moho Resources 0.024 -66% -63% -37% -14% $3,831,860.71
LSR Lodestar Minerals 0.006 -40% -33% -33% -14% $10,430,624.09
AAJ Aruma Resources Ltd 0.059 -6% -14% -12% -14% $9,574,651.68
CMX Chemxmaterials 0.14 0% 0% -38% -15% $6,951,112.65
TNG TNG Limited 0.05 -22% -36% -30% -15% $70,809,329.32
AOU Auroch Minerals Ltd 0.056 -66% -51% -39% -16% $22,536,559.74
FG1 Flynngold 0.1 -38% -38% -29% -17% $6,406,105.00
TSC Twenty Seven Co. Ltd 0.0025 -38% -38% -17% -17% $6,652,034.76
KOR Korab Resources 0.02 43% -58% -29% -17% $7,341,000.00
AOA Ausmon Resorces 0.005 0% -17% -38% -17% $4,715,091.39
CZN Corazon Ltd 0.019 -40% -45% -27% -17% $11,291,115.30
PEK Peak Rare Earths Ltd 0.32 -70% -60% -34% -18% $68,425,017.21
GSR Greenstone Resources 0.041 128% 46% -16% -18% $44,073,008.63
TON Triton Min Ltd 0.018 -50% -47% -33% -18% $21,399,331.01
ADD Adavale Resource Ltd 0.022 -77% -48% -27% -19% $8,218,534.50
WCN White Cliff Min Ltd 0.013 0% -19% -41% -19% $8,496,843.71
SBR Sabre Resources 0.004 0% -20% 0% -20% $12,553,789.54
BOA Boadicea Resources 0.12 -44% -43% -33% -20% $10,100,986.35
PUR Pursuit Minerals 0.0135 -80% -48% -39% -21% $13,276,188.72
AUZ Australian Mines Ltd 0.065 -70% -64% -43% -21% $32,809,968.87
LIT Lithium Australia 0.055 -45% -52% -38% -21% $59,018,100.45
AZS Azure Minerals 0.2 -20% -43% -23% -23% $60,593,465.60
G88 Golden Mile Res Ltd 0.029 -48% -41% -41% -24% $6,111,978.42
G88 Golden Mile Res Ltd 0.029 -48% -41% -41% -24% $6,111,978.42
KZR Kalamazoo Resources 0.175 -53% -52% -49% -24% $26,134,987.32
TKL Traka Resources 0.006 -65% -54% -29% -25% $3,443,872.81
ENT Enterprise Metals 0.008 -46% -46% -47% -27% $5,801,821.70
CNJ Conico Ltd 0.021 -15% -39% -40% -28% $29,881,915.23
CML Chase Mining Limited 0.013 -24% -10% -7% -28% $6,085,725.89
CWX Carawine Resources 0.085 -62% -51% -41% -32% $11,578,085.15
LKE Lake Resources 0.835 142% -12% -41% -38% $1,202,084,363.69
GMC Gulf Manganese Corp 0 -100% -100% -100% -100% $27,017,241.66
GXY Galaxy Resources 0 -100% -100% -100% -100% $2,715,139,305.12
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Not a bad week for battery metals stocks on the ASX; 143 went up, 48 went down, and 29 didn’t move.

 

WEEKLY TOP 3

VOLT RESOURCES (ASX:VRC)

Graphite producer and battery anode material developer VRC was up 42% this week after  signing a joint development agreement with alkaline battery producer, Urban Electric Power, and Volt’s tech partner in the US, American Energy Technologies Co.

Under the agreement, the two parties will use non-spherical purified graphite for conductivity enhancement and ultra-high purity graphite-based coatings to improve alkaline battery performance.

VRC managing director Trevor Matthews said the agreement provides a clear pathway for the development of commercially based technologies to improve alkaline battery performance and lower costs.

“The collaboration with UEP in alkaline battery technology combined with previously announced programs in lead-acid battery technology with Apollo and two lithium-ion battery anode material developments, including the Energy Supply Developer’s Super Site, positions Volt to become a battery materials manufacturer for the US battery market,” he said.

 

LARVOTTO RESOURCES (ASX:LRV)

Up 41% for the week, the company got a speeding ticket yesterday, which it put down to a recent application for an exploration licence adjoining its Eyre Project in Western Australia, which adjoins other nearby lithium prospects.

Oh, and the announcement that drilling will commence at its Ohakuri gold project, located in the North Island of New Zealand on 10 March 2022.

Plus, an article published by mining journalist Barry Fitzgerald on Livewire on 14 April which “highlighted the company’s portfolio inclusive of copper, gold and lithium, and associated current commodity prices, which may be a factor in the share price and trading performance of the company,” LRV said.

The $19.5m market cap stock is up 108% year-to-date. It had $4.6m in the bank at the end of December.

 

IMPACT MINERALS (ASX:IPT)

The company was up 23% this week, after identifying spodumene and yttrium-bearing apatite in pegmatite veins at its Kalahari prospect of its Hopetoun project in WA.

It’s the first-time lithium has been found at the project, which covers an interpreted extension of the Ravensthorp greenstone belt – host to mines such as Allkem’s (ASX:AKE) Mt Cattlin lithium project.

The spodumene crystals are up to 5cm in dimension and exhibit classic pink fluorescence under ultraviolet light.

Plus, some of the veins contain similar-sized crystals of aquamarine apatite, a phosphate mineral which has measurable levels of yttrium on a handheld XRF instrument and which may be prospective for rare earth elements.

Grab samples of these veins have been submitted for geochemical assay with results expected by mid-May.