Pic: timnewman / E+ via Getty Images
Mining
Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.
US Energy Secretary Jennifer Granholm has told Aussie developers of battery metals projects they can win support from the US Government for their projects.
It’s all part of America’s plan to counter the dominance of China in refining and producing key materials like lithium, rare earths and cobalt.
Just yesterday, US Treasury Secretary Janet Yellen said the country wants to end its “undue dependence” on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off supplies as it has done to other countries.
And President Joe Biden even invoked the 1950 Defense Production act earlier this year to encourage domestic production.
Granholm says the concern is that critical minerals could be weaponised.
“Our concern is that critical minerals could be vulnerable to manipulation, as we’ve seen in other areas, or weaponisation,” she said in a meeting in Sydney with companies including BHP Group (ASX:BHP), Rio Tinto (ASX:RIO) and Lynas Corp (ASX:LYC).
“We are very serious about establishing strong relationships with Australia, and with you and with your potential customers for offtake.”
Developers of battery metals projects can win support from the US government as it seeks to counter the dominance of China in clean-technology supply chains, Energy Secretary Jennifer Granholm says https://t.co/DWriOINlGv
— Bloomberg (@business) July 13, 2022
Granholm also said that producers in Australia can access support through the Department of Energy’s loan programs office.
And some are already waaaaay ahead of the rest.
Graphite producer Syrah Resources (ASX:SYR) has facilities in Louisiana, and in April won a $107 million commitment from the loan programs office.
Plus, Lynas signed a contract with the US Department of Defense to establish a rare earths plant in Texas just last month.
Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese, and vanadium is performing>>>
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Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:
| Code | Company | Price | % Year | % Six Month | % Month | % Week | Market Cap |
|---|---|---|---|---|---|---|---|
| TSC | Twenty Seven Co. Ltd | 0.003 | -40% | -40% | 0% | 50% | $7,982,441.72 |
| RMX | Red Mount Min Ltd | 0.007 | -26% | -36% | 40% | 40% | $9,854,183.15 |
| PEK | Peak Rare Earths Ltd | 0.515 | -47% | -41% | 32% | 39% | $103,674,268.50 |
| NWC | New World Resources | 0.039 | -47% | -49% | 22% | 30% | $55,891,598.77 |
| EMH | European Metals Hldg | 0.835 | -45% | -40% | 16% | 28% | $85,701,949.19 |
| GSM | Golden State Mining | 0.051 | -69% | -54% | 24% | 28% | $4,889,695.40 |
| DEV | Devex Resources Ltd | 0.29 | 4% | -41% | 16% | 26% | $89,542,431.17 |
| RBX | Resource B | 0.125 | -31% | -34% | -14% | 19% | $5,122,062.13 |
| RBX | Resource B | 0.125 | -31% | -34% | -14% | 19% | $5,122,062.13 |
| AKN | Auking Mining Ltd | 0.089 | -47% | -34% | 17% | 17% | $7,176,571.99 |
| CML | Chase Mining Limited | 0.014 | -18% | -7% | -13% | 17% | $6,553,858.65 |
| ARL | Ardea Resources Ltd | 0.91 | 93% | 33% | 3% | 15% | $140,033,661.90 |
| E25 | Element 25 Ltd | 0.645 | -70% | -55% | 22% | 15% | $85,517,806.64 |
| CNB | Carnaby Resource Ltd | 1.08 | 213% | -38% | 38% | 15% | $160,462,592.34 |
| VUL | Vulcan Energy | 6.19 | -34% | -37% | 15% | 15% | $847,111,628.91 |
| IPT | Impact Minerals | 0.008 | -45% | -41% | 0% | 14% | $19,850,964.45 |
| ASN | Anson Resources Ltd | 0.125 | 71% | -24% | 19% | 14% | $118,209,918.53 |
| EUR | European Lithium Ltd | 0.072 | 31% | -49% | 26% | 13% | $99,683,381.74 |
| SBR | Sabre Resources | 0.0045 | 13% | 13% | 0% | 13% | $13,948,655.04 |
| GW1 | Greenwing Resources | 0.24 | -13% | -52% | 4% | 12% | $29,579,363.76 |
| ENT | Enterprise Metals | 0.01 | -33% | -37% | -9% | 11% | $6,446,468.55 |
| ARU | Arafura Resource Ltd | 0.315 | 163% | 40% | 2% | 11% | $509,028,757.90 |
| ZNC | Zenith Minerals Ltd | 0.265 | 2% | -34% | -12% | 10% | $91,362,003.94 |
| PNN | Power Minerals Ltd | 0.43 | 30% | -25% | -5% | 10% | $25,221,914.65 |
| MRD | Mount Ridley Mines | 0.0055 | 38% | -27% | -8% | 10% | $29,295,142.20 |
| IPX | Iperionx Limited | 0.69 | -27% | -30% | -13% | 10% | $101,007,713.52 |
| KFM | Kingfisher Mining | 0.24 | 17% | 0% | 0% | 9% | $7,533,900.22 |
| MCR | Mincor Resources NL | 1.795 | 50% | 3% | 3% | 9% | $833,111,406.84 |
| PNT | Panthermetalsltd | 0.22 | 0% | -6% | 16% | 9% | $5,945,000.00 |
| BMM | Balkanminingandmin | 0.19 | -49% | -66% | 0% | 9% | $6,222,500.00 |
| AOA | Ausmon Resorces | 0.0065 | 30% | -7% | 8% | 8% | $4,286,446.72 |
| QPM | Queensland Pacific | 0.135 | -10% | -36% | 29% | 8% | $203,269,707.03 |
| S2R | S2 Resources | 0.145 | 0% | -36% | 0% | 7% | $49,892,479.70 |
| TNG | TNG Limited | 0.074 | 23% | -20% | 21% | 7% | $94,412,439.10 |
| A8G | Australasian Metals | 0.225 | 55% | -68% | 7% | 7% | $8,851,656.21 |
| CNJ | Conico Ltd | 0.031 | -11% | -20% | 15% | 7% | $42,108,026.76 |
| KGD | Kula Gold Limited | 0.031 | -43% | -37% | 24% | 7% | $6,455,268.96 |
| RFR | Rafaella Resources | 0.032 | -67% | -58% | -6% | 7% | $6,574,061.93 |
| CLA | Celsius Resource Ltd | 0.017 | -48% | -37% | -6% | 6% | $18,932,719.40 |
| CTM | Centaurus Metals Ltd | 0.94 | 13% | -27% | -1% | 6% | $395,073,302.53 |
| PRL | Province Resources | 0.089 | -39% | -39% | 51% | 6% | $100,820,077.02 |
| PGD | Peregrine Gold | 0.445 | -6% | -36% | 25% | 6% | $17,037,567.71 |
| ESS | Essential Metals Ltd | 0.375 | 188% | -29% | 1% | 6% | $91,200,347.25 |
| RLC | Reedy Lagoon Corp. | 0.019 | 12% | -56% | 6% | 6% | $10,591,111.33 |
| SYA | Sayona Mining Ltd | 0.1475 | 92% | -2% | 5% | 5% | $1,195,779,137.15 |
| CAE | Cannindah Resources | 0.2 | 233% | -33% | 11% | 5% | $104,909,491.64 |
| NTU | Northern Min Ltd | 0.041 | 8% | -21% | 5% | 5% | $189,540,440.66 |
| AAJ | Aruma Resources Ltd | 0.065 | 7% | -34% | -3% | 5% | $9,888,574.69 |
| PLS | Pilbara Min Ltd | 2.4 | 51% | -38% | 14% | 5% | $7,263,510,056.96 |
| KAI | Kairos Minerals Ltd | 0.023 | -23% | -28% | 15% | 5% | $43,166,056.80 |
| STM | Sunstone Metals Ltd | 0.047 | 176% | -55% | 18% | 4% | $119,436,535.27 |
| LTR | Liontown Resources | 1.03 | 43% | -42% | 0% | 4% | $2,257,991,953.94 |
| KTA | Krakatoa Resources | 0.052 | 0% | 0% | -4% | 4% | $17,580,205.77 |
| WMG | Western Mines | 0.13 | 0% | -28% | -13% | 4% | $4,762,225.00 |
| LPD | Lepidico Ltd | 0.029 | 164% | -38% | 7% | 4% | $182,200,802.92 |
| AX8 | Accelerate Resources | 0.029 | -17% | -31% | -6% | 4% | $7,843,308.07 |
| ODE | Odessa Minerals Ltd | 0.0145 | 164% | -34% | 32% | 4% | $8,057,266.62 |
| G88 | Golden Mile Res Ltd | 0.03 | -50% | -38% | -25% | 3% | $6,111,978.42 |
| G88 | Golden Mile Res Ltd | 0.03 | -50% | -38% | -25% | 3% | $6,111,978.42 |
| BKT | Black Rock Mining | 0.155 | 11% | -35% | -3% | 3% | $141,702,068.67 |
| RNU | Renascor Res Ltd | 0.16 | 119% | -41% | 7% | 3% | $344,706,150.08 |
| SRL | Sunrise | 2.27 | 19% | 2% | -5% | 3% | $208,934,279.28 |
| NC1 | Nicoresourceslimited | 0.82 | 0% | 310% | 6% | 3% | $72,853,751.67 |
| TON | Triton Min Ltd | 0.0175 | -51% | -50% | -27% | 3% | $20,140,546.83 |
| MAN | Mandrake Res Ltd | 0.036 | -70% | -40% | -8% | 3% | $17,311,749.11 |
| CHN | Chalice Mining Ltd | 3.915 | -45% | -54% | -5% | 2% | $1,493,899,860.18 |
| LOT | Lotus Resources Ltd | 0.21 | 27% | -28% | -9% | 2% | $205,556,507.31 |
| FTL | Firetail Resources | 0.21 | 0% | 0% | -31% | 2% | $12,974,325.00 |
| MRC | Mineral Commodities | 0.086 | -43% | -46% | -7% | 2% | $46,009,194.52 |
| CXO | Core Lithium | 0.94 | 318% | 2% | -19% | 2% | $1,646,554,930.20 |
| GSR | Greenstone Resources | 0.047 | 124% | 68% | -2% | 2% | $48,172,823.38 |
| JRV | Jervois Global Ltd | 0.495 | -5% | -31% | -7% | 2% | $775,072,990.11 |
| RXL | Rox Resources | 0.27 | -31% | -25% | -8% | 2% | $41,390,532.02 |
| LKE | Lake Resources | 0.6875 | 79% | -28% | -56% | 2% | $868,568,691.25 |
| LYC | Lynas Rare Earths | 8.07 | 31% | -27% | -7% | 2% | $7,327,581,818.48 |
| SYR | Syrah Resources | 1.255 | 8% | -39% | 3% | 2% | $803,331,370.80 |
| COB | Cobalt Blue Ltd | 0.66 | 132% | 13% | 6% | 2% | $215,708,431.61 |
| LRS | Latin Resources Ltd | 0.072 | 47% | 80% | 9% | 1% | $134,208,434.82 |
| AR3 | Austrare | 0.42 | -40% | -63% | 8% | 1% | $39,984,651.84 |
| AZI | Altamin Limited | 0.096 | 12% | 35% | 1% | 1% | $37,213,091.44 |
| AZI | Altamin Limited | 0.096 | 12% | 35% | 1% | 1% | $37,213,091.44 |
| ILU | Iluka Resources | 8.635 | -3% | -22% | -4% | 1% | $3,644,191,079.73 |
| PSC | Prospect Res Ltd | 0.9875 | 235% | 15% | 2% | 0% | $457,636,867.38 |
| VIA | Viagold Rare Earth | 2 | 2339% | 0% | 0% | 0% | $166,624,808.00 |
| INF | Infinity Lithium | 0.1125 | -20% | -45% | -17% | 0% | $45,651,437.26 |
| HNR | Hannans Ltd | 0.021 | 204% | -63% | 0% | 0% | $54,731,701.00 |
| AVZ | AVZ Minerals Ltd | 0.78 | 300% | -3% | 0% | 0% | $2,752,409,203.44 |
| FRS | Forrestaniaresources | 0.15 | 0% | -63% | -3% | 0% | $4,662,945.60 |
| FGR | First Graphene Ltd | 0.12 | -50% | -45% | -4% | 0% | $61,603,715.36 |
| GLN | Galan Lithium Ltd | 0.99 | -1% | -47% | -8% | 0% | $302,877,365.19 |
| VRC | Volt Resources Ltd | 0.017 | -51% | -37% | -6% | 0% | $53,130,620.43 |
| NIC | Nickel Industries | 0.94 | -15% | -42% | -10% | 0% | $2,499,115,249.76 |
| BUX | Buxton Resources Ltd | 0.08 | -30% | -1% | 19% | 0% | $11,666,327.52 |
| PAN | Panoramic Resources | 0.185 | 16% | -31% | -14% | 0% | $358,909,950.70 |
| BRB | Breaker Res NL | 0.195 | 15% | -24% | -5% | 0% | $61,909,776.51 |
| FFX | Firefinch Ltd | 0.2 | 32% | -22% | -13% | 0% | $236,248,644.20 |
| AQD | Ausquest Limited | 0.021 | 0% | 17% | -19% | 0% | $17,328,133.68 |
| LML | Lincoln Minerals | 0.008 | 0% | 0% | 0% | 0% | $4,599,869.49 |
| PUR | Pursuit Minerals | 0.016 | -74% | -38% | -11% | 0% | $15,892,787.10 |
| WKT | Walkabout Resources | 0.215 | -10% | -25% | 0% | 0% | $97,239,149.08 |
| BOA | Boadicea Resources | 0.175 | -17% | -26% | 30% | 0% | $13,597,481.63 |
| NKL | Nickelxltd | 0.13 | -30% | -13% | 8% | 0% | $8,073,000.00 |
| EVR | Ev Resources Ltd | 0.028 | 22% | -66% | 8% | 0% | $25,927,553.99 |
| BNR | Bulletin Res Ltd | 0.11 | 81% | -4% | -15% | 0% | $30,722,065.50 |
| LRV | Larvottoresources | 0.195 | 0% | -15% | -19% | 0% | $8,098,837.50 |
| LSR | Lodestar Minerals | 0.006 | -40% | -50% | -14% | 0% | $12,169,061.44 |
| TMB | Tambourahmetals | 0.14 | 0% | -51% | -7% | 0% | $5,972,926.71 |
| TEM | Tempest Minerals | 0.046 | 134% | 53% | 24% | 0% | $23,724,010.27 |
| JMS | Jupiter Mines. | 0.185 | -38% | -18% | -5% | 0% | $362,413,341.11 |
| ENV | Enova Mining Limited | 0.016 | -30% | -33% | 0% | 0% | $5,875,440.99 |
| AVW | Avira Resources Ltd | 0.003 | -40% | -40% | -14% | 0% | $6,356,370.00 |
| NWM | Norwest Minerals | 0.031 | -62% | -53% | 3% | 0% | $5,598,829.00 |
| EVR | Ev Resources Ltd | 0.028 | 22% | -66% | 8% | 0% | $25,927,553.99 |
| CZL | Cons Zinc Ltd | 0.02 | -41% | -29% | 0% | 0% | $7,267,156.26 |
| AKE | Allkem Limited | 9.96 | 37% | -14% | 1% | 0% | $6,459,476,411.18 |
| OZL | OZ Minerals | 16.82 | -22% | -41% | -17% | 0% | $5,640,453,907.15 |
| CAI | Calidus Resources | 0.61 | 22% | -23% | -10% | -1% | $258,782,158.33 |
| TLG | Talga Group Ltd | 1.175 | -15% | -32% | 7% | -1% | $349,195,824.26 |
| GT1 | Greentechnology | 0.585 | 0% | -40% | -19% | -1% | $107,797,741.16 |
| IGO | IGO Limited | 9.54 | 11% | -26% | -10% | -1% | $7,307,634,395.45 |
| TMT | Technology Metals | 0.4 | 29% | 5% | 29% | -1% | $83,929,822.80 |
| IXR | Ionic Rare Earths | 0.0395 | 20% | -38% | -6% | -1% | $151,031,591.88 |
| BEM | Blackearth Minerals | 0.077 | -27% | -55% | 8% | -1% | $20,816,659.09 |
| PAM | Pan Asia Metals | 0.38 | 192% | -47% | -22% | -1% | $28,089,691.96 |
| NVA | Nova Minerals Ltd | 0.715 | -43% | -32% | 19% | -1% | $127,943,622.35 |
| QEM | QEM Limited | 0.1775 | 4% | -15% | -9% | -1% | $21,285,278.35 |
| AGY | Argosy Minerals Ltd | 0.33 | 175% | -18% | -3% | -1% | $454,277,080.65 |
| REE | Rarex Limited | 0.06 | -26% | -43% | -2% | -2% | $35,905,371.89 |
| MNS | Magnis Energy Tech | 0.295 | 4% | -50% | 0% | -2% | $289,945,598.70 |
| MNS | Magnis Energy Tech | 0.295 | 4% | -50% | 0% | -2% | $289,945,598.70 |
| AXE | Archer Materials | 0.585 | -56% | -53% | -8% | -2% | $145,353,316.10 |
| IG6 | Internationalgraphit | 0.285 | 0% | 0% | -5% | -2% | $21,186,908.08 |
| MIN | Mineral Resources. | 45.2 | -25% | -30% | -13% | -2% | $8,545,771,360.32 |
| RGL | Riversgold | 0.0275 | -20% | 52% | -5% | -2% | $21,178,527.97 |
| PVW | PVW Res Ltd | 0.27 | 80% | -49% | 8% | -2% | $25,115,906.25 |
| NMT | Neometals Ltd | 0.98 | 79% | -41% | 0% | -2% | $529,183,222.14 |
| MLS | Metals Australia | 0.047 | 18% | 18% | -8% | -2% | $27,265,737.17 |
| INR | Ioneer Ltd | 0.46 | 14% | -42% | 21% | -2% | $964,800,759.76 |
| AZS | Azure Minerals | 0.205 | -24% | -49% | -23% | -2% | $63,700,822.81 |
| VML | Vital Metals Limited | 0.041 | -20% | -29% | -5% | -2% | $175,160,289.53 |
| POS | Poseidon Nick Ltd | 0.041 | -59% | -61% | -13% | -2% | $125,622,340.57 |
| CMO | Cosmometalslimited | 0.185 | 0% | 0% | 54% | -3% | $4,719,350.00 |
| SGQ | St George Min Ltd | 0.033 | -55% | -55% | 0% | -3% | $23,800,605.47 |
| HAS | Hastings Tech Met | 3.93 | 16% | -27% | -6% | -3% | $393,620,665.00 |
| VMC | Venus Metals Cor Ltd | 0.16 | -14% | -11% | -11% | -3% | $25,612,589.28 |
| CHR | Charger Metals | 0.465 | 116% | -49% | 26% | -3% | $15,150,181.28 |
| SLZ | Sultan Resources Ltd | 0.093 | -51% | -56% | -7% | -3% | $7,745,448.18 |
| KOB | Kobaresourceslimited | 0.155 | 0% | 0% | 7% | -3% | $10,075,000.00 |
| AM7 | Arcadia Minerals | 0.145 | -17% | -51% | -17% | -3% | $7,471,662.72 |
| EMN | Euromanganese | 0.29 | -54% | -46% | 23% | -3% | $75,147,209.09 |
| LNR | Lanthanein Resources | 0.0145 | 0% | -40% | -15% | -3% | $12,567,383.55 |
| BHP | BHP Group Limited | 36.69 | -21% | -12% | -14% | -3% | $187,154,088,334.30 |
| ATM | Aneka Tambang | 1.2 | 20% | 9% | -4% | -4% | $1,564,378.80 |
| MLX | Metals X Limited | 0.3175 | 30% | -40% | -20% | -4% | $294,861,471.78 |
| MMC | Mitremining | 0.125 | 0% | -38% | 4% | -4% | $3,385,637.50 |
| LMG | Latrobe Magnesium | 0.075 | 317% | -38% | 34% | -4% | $124,016,873.13 |
| WC8 | Wildcat Resources | 0.025 | 0% | -39% | -17% | -4% | $16,131,818.18 |
| LEG | Legend Mining | 0.049 | -49% | -41% | -8% | -4% | $132,246,514.61 |
| ASO | Aston Minerals Ltd | 0.096 | -36% | -9% | 1% | -4% | $106,898,969.66 |
| LPI | Lithium Pwr Int Ltd | 0.4075 | 73% | -51% | 6% | -4% | $143,149,387.68 |
| HXG | Hexagon Energy | 0.022 | -72% | -69% | 5% | -4% | $11,284,149.82 |
| KZR | Kalamazoo Resources | 0.215 | -46% | -41% | -14% | -4% | $31,216,790.41 |
| DTM | Dart Mining NL | 0.062 | -52% | -33% | 5% | -5% | $8,386,129.92 |
| SRI | Sipa Resources Ltd | 0.038 | -42% | -28% | 9% | -5% | $7,790,942.51 |
| WR1 | Winsome Resources | 0.19 | 0% | -60% | -14% | -5% | $23,644,948.95 |
| VR8 | Vanadium Resources | 0.074 | 28% | -5% | -3% | -5% | $35,986,940.42 |
| GL1 | Globallith | 1.06 | 293% | -31% | -13% | -5% | $167,426,660.08 |
| LEL | Lithenergy | 0.6625 | 68% | -45% | -18% | -5% | $30,250,500.00 |
| LIT | Lithium Australia | 0.07 | -39% | -48% | 0% | -5% | $72,478,652.75 |
| BSX | Blackstone Ltd | 0.175 | -55% | -75% | -10% | -5% | $82,503,323.88 |
| SCN | Scorpion Minerals | 0.07 | -7% | -3% | -3% | -5% | $21,900,858.67 |
| 1MC | Morella Corporation | 0.017 | -73% | -32% | 0% | -6% | $87,995,637.76 |
| PLL | Piedmont Lithium Inc | 0.5 | -45% | -32% | -29% | -6% | $266,423,254.00 |
| S32 | South32 Limited | 3.42 | 15% | -18% | -18% | -6% | $16,106,941,912.32 |
| MQR | Marquee Resource Ltd | 0.065 | 25% | -52% | -3% | -6% | $20,515,142.70 |
| AZL | Arizona Lithium Ltd | 0.08 | 176% | -43% | -20% | -6% | $180,913,256.19 |
| CZN | Corazon Ltd | 0.016 | -53% | -60% | -27% | -6% | $9,765,288.91 |
| MRR | Minrex Resources Ltd | 0.032 | 78% | -52% | -14% | -6% | $33,924,702.75 |
| AZL | Arizona Lithium Ltd | 0.08 | 176% | -43% | -20% | -6% | $180,913,256.19 |
| ARR | American Rare Earths | 0.23 | 167% | -23% | -13% | -6% | $92,990,659.96 |
| GBR | Greatbould Resources | 0.075 | -19% | -57% | 6% | -6% | $33,829,773.84 |
| WIN | Widgienickellimited | 0.29 | 0% | -9% | 9% | -6% | $73,809,000.00 |
| STK | Strickland Metals | 0.056 | 14% | -19% | -18% | -7% | $71,742,421.35 |
| QXR | Qx Resources Limited | 0.027 | 93% | -36% | -7% | -7% | $23,202,782.67 |
| AML | Aeon Metals Ltd. | 0.027 | -63% | -45% | 17% | -7% | $27,751,677.04 |
| PGM | Platina Resources | 0.026 | -70% | -57% | -19% | -7% | $11,293,940.89 |
| IMI | Infinitymining | 0.13 | 0% | -35% | 0% | -7% | $7,762,500.00 |
| EGR | Ecograf Limited | 0.25 | -66% | -62% | -18% | -7% | $114,835,032.05 |
| EFE | Eastern Resources | 0.025 | 47% | -66% | 9% | -7% | $24,860,915.78 |
| AVL | Aust Vanadium Ltd | 0.037 | 95% | -23% | 9% | -8% | $149,752,525.42 |
| RAG | Ragnar Metals Ltd | 0.037 | -46% | -24% | -10% | -8% | $13,650,656.00 |
| CRR | Critical Resources | 0.037 | 19% | -66% | -20% | -8% | $55,056,563.84 |
| GME | GME Resources Ltd | 0.085 | 67% | 21% | -15% | -8% | $44,549,307.15 |
| ADD | Adavale Resource Ltd | 0.024 | -71% | -63% | -14% | -8% | $9,290,517.26 |
| GRE | Greentechmetals | 0.24 | 0% | -37% | -14% | -8% | $7,819,999.75 |
| CWX | Carawine Resources | 0.092 | -56% | -47% | -26% | -8% | $15,161,778.17 |
| EMT | Emetals Limited | 0.011 | -50% | -45% | 10% | -8% | $10,200,000.00 |
| MTM | Mtmongerresources | 0.11 | -46% | -19% | -4% | -8% | $4,126,103.63 |
| OMH | OM Holdings Limited | 0.645 | -25% | -31% | -19% | -9% | $483,798,285.74 |
| AUZ | Australian Mines Ltd | 0.073 | -68% | -66% | -13% | -9% | $33,747,396.55 |
| CMX | Chemxmaterials | 0.155 | 0% | -23% | -9% | -9% | $6,951,112.65 |
| THR | Thor Mining PLC | 0.01 | -41% | -29% | 11% | -9% | $10,689,009.73 |
| RAS | Ragusa Minerals Ltd | 0.079 | -7% | -11% | -17% | -9% | $9,555,947.86 |
| KOR | Korab Resources | 0.018 | 0% | -70% | -14% | -10% | $6,606,900.00 |
| AS2 | Askarimetalslimited | 0.22 | 2% | -37% | -15% | -10% | $9,358,710.75 |
| WCN | White Cliff Min Ltd | 0.013 | 0% | -52% | -32% | -10% | $8,496,843.71 |
| GED | Golden Deeps | 0.0125 | -4% | 14% | -11% | -11% | $14,440,333.93 |
| ESR | Estrella Res Ltd | 0.016 | -66% | -50% | -24% | -11% | $21,239,446.29 |
| GAL | Galileo Mining Ltd | 1.2 | 300% | 422% | -29% | -11% | $239,851,035.90 |
| MOH | Moho Resources | 0.024 | -66% | -63% | -11% | -11% | $3,352,878.12 |
| SHH | Shree Minerals Ltd | 0.008 | -47% | -47% | 0% | -11% | $11,146,382.03 |
| SRZ | Stellar Resources | 0.016 | -41% | -33% | -16% | -11% | $13,848,493.33 |
| ALY | Alchemy Resource Ltd | 0.015 | 2% | 25% | -21% | -12% | $15,249,184.91 |
| WML | Woomera Mining Ltd | 0.015 | -31% | -25% | -17% | -12% | $10,302,495.99 |
| LPM | Lithium Plus | 0.36 | 0% | 0% | -5% | -12% | $18,739,644.00 |
| ARN | Aldoro Resources | 0.14 | -65% | -64% | -3% | -13% | $13,921,224.38 |
| EMS | Eastern Metals | 0.13 | 0% | -52% | 0% | -13% | $4,628,000.00 |
| ADV | Ardiden Ltd | 0.006 | -33% | -67% | -25% | -14% | $17,344,179.81 |
| RR1 | Reach Resources Ltd | 0.003 | -63% | -57% | -40% | -14% | $5,730,151.92 |
| JRL | Jindalee Resources | 2.4 | -2% | -19% | -16% | -15% | $142,299,835.68 |
| AOU | Auroch Minerals Ltd | 0.061 | -70% | -55% | -9% | -16% | $21,812,406.14 |
| TKL | Traka Resources | 0.005 | -64% | -71% | -38% | -17% | $3,443,872.81 |
| FRB | Firebird Metals | 0.195 | -68% | -50% | -30% | -17% | $10,235,122.56 |
| BYH | Bryah Resources Ltd | 0.029 | -52% | -51% | -15% | -17% | $6,786,215.25 |
| FG1 | Flynngold | 0.105 | -36% | -42% | -19% | -19% | $6,726,410.25 |
| CLZDB | Classic Min Ltd | 0.039 | -87% | -74% | -74% | -74% | $8,480,138.40 |
| 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 |
RIMFIRE PACIFIC MINING (ASX:RIM)
This ~$23.8m market cap company says it will regain full control of the Broken Hill Cobalt Project following notice from Perilya – wholly owned subsidiary of China’s Zhongjin Lingnan Mining – of its intention to withdraw from the Windy Ridge joint venture.
Perilya’s withdrawal will become effective upon fulfilling its rehabilitation obligations during the September quarter, meaning it will hold 100% of the project.
The Broken Hill Cobalt Project is prospective for the discovery of economic critical minerals such as cobalt with several priority targets already identified including the Railway Extension target, which lies directly along strike from Cobalt Blue Holdings’ (ASX:COB) Railway cobalt deposit.
RIM is currently pursuing regulatory approvals to enable commencement of exploration activities on the project.
Nickel explorer LM8 has hit more than 14% nickel in its ‘best hole’ to date at Baker Shoot, part of the Kambalda Nickel Project in Western Australia’s Goldfields region.
Two distinct but immediately adjacent nickel sulphide zones have been intersected with results returning 23m at 6.78% (>1% nickel cut-off) and 14m at 8.13% nickel and 7m at 5.92% nickel (2m <0.50% nickel in between).
Baker was discovered and progressed to a JORC mineral resource totalling 15,800t nickel metal at 2.8% nickel within nine months of discovery and inside 12 months of Lunnon Metals’ listing on the ASX.
LM8 listed on the bourse back in June 2021 after raising $15m at 30c a share to fund a major diamond and RC drilling initiative at its long-shut Foster and Jan nickel mines in Kambalda.
On its first day, the company climbed more than 50% in early trade, before retracting to 42.5 cents at close for a 42% gain.
LM8 managing director Ed Ainscough says this is another standout result for Baker – the run of five consecutive metres over 10% Ni really is the ‘cherry on top’.
“The fact that Baker has the ability to deliver these nickel grades over such impressive widths and all so close to surface, is exciting for the entire Lunnon Metals team and naturally, of course, for our shareholders.”
LM8 is one Argonaut’s mining research analyst George Ross’ top ASX picks.
Lithium ASX player ASN has delivered additional high lithium and bromine results in drilling at the Paradox Lithium Project in Utah, USA.
These new results are from the Clastic Zones at Long Canyon No 2, where drilling highlights include 97ppm lithium, 882ppm bromine in Clastic Zone 33 and 240ppm lithium plus 4,115ppm bromine in Clastic Zone 31.
The assays from the Clastic Zones are not part of the existing Paradox resource estimate and will be included in the upcoming resource upgrade to be included in the definitive feasibility study (DFS) currently being completed.
Drilling has kicked off across GSM’s Yule Project in the Western Australia’s Pilbara region targeting lithium and gold targets.
The 1,500m 10-hole program will test a shallow sand-covered, complex greenstone-granitoid structural setting and coincident, elevated to anomalous LCT pathfinder and gold air-core (AC) intersections recorded in 2021 reconnaissance drilling.
GSM’s managing director Michael Moore says investors can look forward to targeted field exploration over the second half of 2022 as it progresses activity on a number of self-generated projects.
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