(Photo: Peter Dazeley, The Image Bank/ Via Getty Images)
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.
The nascent transition to ‘clean’ energy is a megatrend, a nigh-unstoppable force that will ultimately transform society and the global economy.
This megatrend is birthing a range of disruptive products and processes such as renewable energy generation, battery storage, and electric vehicles.
All of these are dependent on a select group of energy transition metals (ETMs), like lithium, cobalt, REEs, graphite, copper, nickel, and so on.
But when it comes to investing in the most likely ETM-facing stocks and sectors, things can get confusing.
Do you invest in producers, project developers or explorers? Where is the safest place to put money for long term returns? Which metals show the most promise over time?
One way to streamline this process is via ETM ETFs run by fund managers like Betashares, Global X, iShares and VanEck.
Punters are generally able to start investing in ETFs with as little as $500 via most brokerage platforms.
VanEck’s Global Clean Energy ETF (ASX:CLNE) focuses on the largest companies related to clean energy production and clean energy tech.
iShares also has a Green Metals ticker offshore.
Global X’s Green Metal Miners ETF (ASX:GMTL) launched last month to give investors diversified exposure to global lithium, copper, nickel, REE and cobalt stocks.
BetaShares’ Energy Transition Metals ETF (ASX:XMET) – which also launched on the ASX late October — provides exposure to global copper, lithium, nickel, cobalt, graphite, manganese, silver, and rare earths producers.
“We think that … approach really works,” he told Stockhead.
“There are a lot of people that don’t have the time or energy to dig around for [individual] investments.”
XMET tracks an index of global stocks put together by Canadian asset manager Sprott, which has developed a great deal of expertise across the ETM space. Investors can check the individual stocks included, and their weightings, on the website. The fund is rebalanced twice a year.
“Essentially, they were looking for the materials which will have a material uplift in demand due to the clean energy thematic, with conditions which will create tightness in supply and lead to an uplift in prices,” Gleeson says.
“There’s also very little ability to substitute these materials in technologies. They also include metals which nations [deem] critical and where there are strategies to support the production of these metals.”
Lithium, cobalt, copper, nickel, manganese, and graphite – most of these ETMs are used in batteries and are therefore obvious inclusions.
But some aren’t, like silver.
“It is the most conductive metal available,” says Gleeson.
“It is used parts of electric vehicles and in solar panel cells. It is also very difficult to substitute.
“There are also potential uses for silver in solid state battery technology. Currently, battery anodes are made from graphite, but there is the potential for a silicon-silver anode material to be developed.
“There are quite a few reasons why silver is a good play, a good thing to include in the overall fund.”
XMET also includes a diversified bucket of up to six stocks involved in recycling, refining, and smelting.
“There is a lot of support coming out of the EU especially for battery recycling so we think that will be an important part of the supply picture,” Gleeson 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].
| CODE | COMPANY | 1 WEEK RETURN % | 1 MONTH RETURN % | 6 MONTH RETURN % | 1 YEAR RETURN % | PRICE | MARKET CAP |
|---|---|---|---|---|---|---|---|
| TKM | Trek Metals Ltd | 106% | 132% | 43% | 24% | 0.13 | $27,333,693 |
| WR1 | Winsome Resources | 99% | 161% | 106% | 0% | 0.925 | $134,438,424 |
| EMT | Emetals Limited | 50% | 6% | 38% | 13% | 0.018 | $15,300,000 |
| LLI | Loyal Lithium Ltd | 43% | 58% | 75% | 138% | 0.63 | $32,718,000 |
| AZS | Azure Minerals | 42% | 49% | 10% | -9% | 0.32 | $97,881,752 |
| WIN | Widgienickellimited | 38% | 35% | -13% | 79% | 0.385 | $84,089,297 |
| NWM | Norwest Minerals | 33% | 39% | 12% | -20% | 0.057 | $11,549,584 |
| THR | Thor Mining | 29% | 0% | -31% | -44% | 0.009 | $9,925,951 |
| CAE | Cannindah Resources | 28% | 14% | -14% | -51% | 0.25 | $145,034,426 |
| LPM | Lithium Plus | 28% | 12% | 1% | 0% | 0.715 | $30,462,776 |
| A11 | Atlantic Lithium | 26% | 38% | 0% | 0% | 0.895 | $584,540,702 |
| CML | Chase Mining | 25% | 30% | 32% | 2% | 0.015 | $8,461,189 |
| FGR | First Graphene | 22% | 27% | -7% | -26% | 0.14 | $77,771,493 |
| CHR | Charger Metals | 22% | 16% | -15% | 4% | 0.55 | $25,291,500 |
| ALY | Alchemy Resource | 21% | 21% | 67% | 233% | 0.04 | $49,269,203 |
| EFE | Eastern Resources | 21% | -2% | -9% | -23% | 0.04 | $41,452,616 |
| KGD | Kula Gold Limited | 20% | -4% | 3% | -18% | 0.0385 | $12,776,053 |
| MAN | Mandrake Res Ltd | 20% | 17% | -14% | -26% | 0.042 | $21,914,497 |
| ARN | Aldoro Resources | 20% | 67% | 33% | -27% | 0.36 | $39,258,498 |
| OD6 | Od6Metalsltd | 20% | 33% | 0% | 0% | 0.24 | $12,335,124 |
| E25 | Element 25 Ltd | 20% | 64% | 65% | -5% | 1.27 | $189,732,858 |
| PNN | Power Minerals Ltd | 20% | 16% | -15% | -9% | 0.575 | $39,686,368 |
| FG1 | Flynngold | 19% | 14% | -14% | -26% | 0.125 | $7,367,021 |
| HXG | Hexagon Energy | 19% | -6% | -50% | -85% | 0.016 | $7,693,739 |
| OCN | Oceanalithiumlimited | 18% | 4% | 0% | 0% | 0.55 | $16,427,250 |
| TON | Triton Min Ltd | 18% | 13% | -16% | -35% | 0.026 | $37,335,173 |
| OMH | OM Holdings Limited | 17% | 14% | -16% | -25% | 0.74 | $546,581,269 |
| WMG | Western Mines | 17% | -4% | -44% | -29% | 0.135 | $4,579,063 |
| LNR | Lanthanein Resources | 17% | -13% | 17% | 48% | 0.034 | $31,773,244 |
| RNU | Renascor Res Ltd | 15% | 27% | 10% | 90% | 0.2475 | $511,657,322 |
| GT1 | Greentechnology | 15% | 37% | 13% | 0% | 1.075 | $190,738,393 |
| MCR | Mincor Resources NL | 15% | -12% | -31% | 15% | 1.54 | $745,182,436 |
| CY5 | Cygnus Gold Limited | 15% | 26% | 248% | 248% | 0.54 | $84,383,923 |
| GSM | Golden State Mining | 14% | 5% | -40% | -61% | 0.041 | $4,680,568 |
| PAN | Panoramic Resources | 14% | -11% | -43% | -21% | 0.165 | $338,400,811 |
| NIC | Nickel Industries | 14% | 5% | -34% | -18% | 0.83 | $2,212,331,533 |
| BYH | Bryah Resources Ltd | 14% | 0% | -50% | -60% | 0.025 | $6,468,830 |
| AGY | Argosy Minerals Ltd | 14% | 19% | 41% | 80% | 0.585 | $793,490,236 |
| CAI | Calidus Resources | 13% | -32% | -58% | -32% | 0.39 | $175,112,682 |
| RDT | Red Dirt Metals Ltd | 13% | -3% | 42% | -22% | 0.61 | $197,973,848 |
| ARU | Arafura Rare Earths | 13% | 2% | -10% | 48% | 0.3325 | $595,968,522 |
| EUR | European Lithium Ltd | 13% | 30% | 16% | -45% | 0.1025 | $151,645,113 |
| AQD | Ausquest Limited | 13% | 0% | -10% | 6% | 0.018 | $14,027,537 |
| NVA | Nova Minerals Ltd | 12% | 11% | 24% | -42% | 0.78 | $143,255,795 |
| LRV | Larvottoresources | 12% | -10% | -42% | 0% | 0.185 | $8,982,990 |
| QXR | Qx Resources Limited | 11% | -7% | 21% | 134% | 0.068 | $64,375,949 |
| ENT | Enterprise Metals | 11% | -9% | -38% | -28% | 0.01 | $5,876,826 |
| GLN | Galan Lithium Ltd | 11% | 39% | 6% | 1% | 1.685 | $528,428,744 |
| TLG | Talga Group Ltd | 11% | 16% | -8% | -28% | 1.38 | $466,387,169 |
| FRS | Forrestaniaresources | 11% | -9% | -34% | -56% | 0.205 | $9,579,766 |
| LMG | Latrobe Magnesium | 11% | 4% | 5% | 12% | 0.083 | $127,328,297 |
| LSR | Lodestar Minerals | 10% | -8% | -54% | -45% | 0.0055 | $8,692,187 |
| NC1 | Nicoresourceslimited | 10% | -14% | -58% | 0% | 0.515 | $44,402,126 |
| S32 | South32 Limited | 9% | 3% | -15% | 13% | 3.94 | $18,118,930,663 |
| FTL | Firetail Resources | 9% | -20% | -53% | 0% | 0.175 | $9,885,200 |
| EMN | Euromanganese | 9% | 11% | -11% | -47% | 0.295 | $72,203,262 |
| AR3 | Austrare | 9% | 1% | -36% | -53% | 0.355 | $30,940,504 |
| LEG | Legend Mining | 9% | -3% | -49% | -38% | 0.037 | $101,940,022 |
| KOB | Kobaresourceslimited | 9% | 42% | -8% | 0% | 0.185 | $12,025,000 |
| EMS | Eastern Metals | 9% | -17% | -26% | -49% | 0.125 | $5,273,696 |
| SUM | Summitminerals | 8% | 8% | 0% | 0% | 0.195 | $4,574,597 |
| ITM | Itech Minerals Ltd | 8% | -7% | -40% | 27% | 0.325 | $28,612,500 |
| CXO | Core Lithium | 8% | 30% | 21% | 134% | 1.5 | $2,661,317,781 |
| BHP | BHP Group Limited | 8% | 1% | -3% | 26% | 40.37 | $205,064,416,107 |
| MIN | Mineral Resources. | 8% | 10% | 40% | 108% | 78.97 | $14,305,639,014 |
| ARR | American Rare Earths | 8% | -1% | -45% | 22% | 0.2075 | $91,098,064 |
| KFM | Kingfisher Mining | 8% | 31% | 148% | 200% | 0.57 | $26,104,551 |
| RGL | Riversgold | 8% | 10% | -27% | 150% | 0.043 | $34,157,246 |
| SHH | Shree Minerals Ltd | 7% | -17% | -32% | -32% | 0.0075 | $8,669,408 |
| KOR | Korab Resources | 7% | -9% | -17% | -33% | 0.03 | $10,277,400 |
| SYR | Syrah Resources | 7% | 43% | 40% | 107% | 2.56 | $1,683,132,482 |
| AKE | Allkem Limited | 7% | 5% | 28% | 58% | 15.455 | $9,539,364,967 |
| PLS | Pilbara Min Ltd | 7% | 0% | 99% | 131% | 5.445 | $15,534,167,402 |
| VMC | Venus Metals Cor Ltd | 7% | 10% | -14% | -11% | 0.16 | $27,602,196 |
| AX8 | Accelerate Resources | 7% | -11% | -18% | -33% | 0.032 | $8,113,767 |
| IMI | Infinitymining | 7% | 7% | 26% | 0% | 0.24 | $14,201,719 |
| LIT | Lithium Australia | 6% | -9% | -44% | -63% | 0.05 | $62,280,775 |
| LYC | Lynas Rare Earths | 6% | 14% | -2% | 21% | 8.86 | $8,027,995,825 |
| BKT | Black Rock Mining | 6% | -13% | -28% | -28% | 0.17 | $171,891,641 |
| AUZ | Australian Mines Ltd | 6% | 3% | -62% | -73% | 0.068 | $30,935,114 |
| LKE | Lake Resources | 6% | 11% | -32% | 3% | 1.125 | $1,592,579,022 |
| GGG | Greenland Minerals | 6% | 15% | -21% | -58% | 0.053 | $63,719,969 |
| AZI | Altamin Limited | 6% | 2% | -6% | 11% | 0.09 | $34,471,074 |
| AAJ | Aruma Resources Ltd | 6% | 1% | -18% | -14% | 0.074 | $11,615,151 |
| SGQ | St George Min Ltd | 6% | 88% | 79% | 15% | 0.075 | $52,501,336 |
| IPX | Iperionx Limited | 6% | -11% | -24% | -22% | 0.75 | $128,419,119 |
| CRR | Critical Resources | 5% | -11% | -36% | 23% | 0.058 | $80,650,169 |
| PSC | Prospect Res Ltd | 5% | 4% | 109% | 325% | 0.1 | $45,763,687 |
| KZR | Kalamazoo Resources | 5% | 0% | -46% | -41% | 0.2 | $29,763,875 |
| BUX | Buxton Resources Ltd | 5% | 5% | 11% | 9% | 0.105 | $15,559,357 |
| TNG | TNG Limited | 5% | 1% | 21% | -29% | 0.085 | $118,015,549 |
| IG6 | Internationalgraphit | 5% | -7% | -7% | 0% | 0.32 | $28,156,195 |
| MRR | Minrex Resources Ltd | 5% | -22% | -25% | 105% | 0.043 | $46,592,293 |
| ESR | Estrella Res Ltd | 5% | 0% | -45% | -67% | 0.011 | $16,252,119 |
| POS | Poseidon Nick Ltd | 5% | -6% | -35% | -47% | 0.046 | $140,942,138 |
| OZL | OZ Minerals | 5% | -4% | 8% | 6% | 25.26 | $8,388,710,677 |
| ILU | Iluka Resources | 4% | -3% | -15% | 5% | 9.03 | $3,854,134,610 |
| ESS | Essential Metals Ltd | 4% | -8% | -9% | 100% | 0.48 | $124,627,946 |
| MOH | Moho Resources | 4% | -11% | -43% | -59% | 0.024 | $4,568,568 |
| SYA | Sayona Mining Ltd | 4% | 2% | -14% | 63% | 0.245 | $1,995,387,034 |
| BNR | Bulletin Res Ltd | 4% | 4% | -21% | 73% | 0.135 | $39,499,799 |
| AZL | Arizona Lithium Ltd | 4% | 3% | -49% | -37% | 0.082 | $192,794,045 |
| S2R | S2 Resources | 4% | -10% | -18% | -15% | 0.14 | $49,934,480 |
| WML | Woomera Mining Ltd | 4% | -38% | -36% | -33% | 0.014 | $10,570,323 |
| BMM | Balkanminingandmin | 3% | 0% | -2% | -56% | 0.3 | $12,043,012 |
| WC8 | Wildcat Resources | 3% | -6% | -6% | -33% | 0.03 | $19,879,068 |
| ARL | Ardea Resources Ltd | 3% | -9% | -30% | 96% | 0.91 | $142,579,728 |
| INR | Ioneer Ltd | 3% | -8% | 1% | -28% | 0.5725 | $1,216,917,764 |
| NWC | New World Resources | 3% | 3% | -28% | -56% | 0.033 | $62,964,696 |
| QPM | Queensland Pacific | 3% | 13% | 6% | -23% | 0.17 | $294,145,290 |
| IGO | IGO Limited | 3% | 2% | 30% | 72% | 15.74 | $11,578,624,861 |
| LTR | Liontown Resources | 3% | 22% | 41% | 1% | 1.94 | $4,195,191,519 |
| MMC | Mitremining | 3% | 9% | 23% | -12% | 0.185 | $4,875,318 |
| MNS | Magnis Energy Tech | 3% | 3% | -8% | -37% | 0.385 | $368,725,964 |
| PNT | Panthermetalsltd | 3% | -2% | -11% | 0% | 0.2 | $6,100,000 |
| JRV | Jervois Global Ltd | 3% | -15% | -42% | -5% | 0.5025 | $760,282,481 |
| PRL | Province Resources | 3% | -2% | -9% | -45% | 0.082 | $93,337,958 |
| NTU | Northern Min Ltd | 2% | 5% | -4% | -19% | 0.043 | $209,390,635 |
| DVP | Develop Global Ltd | 2% | -6% | 0% | -14% | 2.69 | $434,937,864 |
| GBR | Greatbould Resources | 2% | -13% | -9% | -41% | 0.091 | $38,058,496 |
| SLZ | Sultan Resources Ltd | 2% | 8% | -35% | -46% | 0.097 | $8,078,586 |
| REE | Rarex Limited | 2% | -11% | -38% | -42% | 0.055 | $30,707,489 |
| ZNC | Zenith Minerals Ltd | 2% | -10% | -25% | 16% | 0.285 | $96,533,438 |
| LPI | Lithium Pwr Int Ltd | 2% | -1% | -20% | 14% | 0.575 | $224,940,647 |
| EGR | Ecograf Limited | 1% | 3% | -27% | -45% | 0.35 | $139,603,372 |
| HAS | Hastings Tech Met | 1% | 1% | -31% | -29% | 3.6 | $469,967,455 |
| VUL | Vulcan Energy | 1% | 6% | 0% | -38% | 7.71 | $1,080,748,170 |
| CTM | Centaurus Metals Ltd | 1% | -3% | -21% | -6% | 0.95 | $405,750,959 |
| CHN | Chalice Mining Ltd | 1% | 4% | -39% | -33% | 4.315 | $1,599,263,075 |
| MLX | Metals X Limited | 1% | -18% | -60% | -30% | 0.2575 | $231,352,847 |
| CNB | Carnaby Resource Ltd | 1% | 18% | -22% | 179% | 0.88 | $128,659,196 |
| JRL | Jindalee Resources | 0% | 6% | -37% | -9% | 2.4 | $135,988,149 |
| GL1 | Globallith | 0% | 5% | 33% | 308% | 2.445 | $477,642,214 |
| VIA | Viagold Rare Earth | 0% | 0% | 0% | 0% | 2 | $166,624,808 |
| PVW | PVW Res Ltd | 0% | -13% | -61% | -71% | 0.13 | $12,092,844 |
| A8G | Australasian Metals | 0% | -25% | -49% | -69% | 0.225 | $9,469,214 |
| INF | Infinity Lithium | 0% | 16% | 43% | -4% | 0.215 | $89,590,451 |
| PAM | Pan Asia Metals | 0% | -4% | -22% | -24% | 0.38 | $55,805,124 |
| LOT | Lotus Resources Ltd | 0% | 2% | -28% | -29% | 0.23 | $298,356,874 |
| GSR | Greenstone Resources | 0% | -30% | -13% | 4% | 0.026 | $27,939,053 |
| HNR | Hannans Ltd | 0% | 0% | -28% | -53% | 0.021 | $54,731,701 |
| MRD | Mount Ridley Mines | 0% | -17% | -38% | -29% | 0.005 | $30,727,212 |
| AVZ | AVZ Minerals Ltd | 0% | 0% | 0% | 47% | 0.78 | $2,752,409,203 |
| GME | GME Resources Ltd | 0% | -31% | -39% | 14% | 0.079 | $50,757,996 |
| GED | Golden Deeps | 0% | -27% | -31% | -8% | 0.011 | $12,707,494 |
| PGM | Platina Resources | 0% | 0% | -53% | -69% | 0.019 | $11,361,739 |
| CWX | Carawine Resources | 0% | -9% | -59% | -56% | 0.086 | $11,853,754 |
| TKL | Traka Resources | 0% | -14% | -40% | -60% | 0.006 | $4,132,647 |
| IPT | Impact Minerals | 0% | 0% | -36% | -48% | 0.007 | $14,888,223 |
| ADD | Adavale Resource Ltd | 0% | 0% | -14% | -44% | 0.03 | $14,794,224 |
| FFX | Firefinch Ltd | 0% | 0% | -45% | -10% | 0.2 | $236,248,644 |
| ATM | Aneka Tambang | 0% | -13% | -20% | -9% | 1 | $1,303,649 |
| RMX | Red Mount Min Ltd | 0% | -17% | -44% | -50% | 0.005 | $8,211,819 |
| GW1 | Greenwing Resources | 0% | -19% | -20% | -32% | 0.33 | $40,385,748 |
| LML | Lincoln Minerals | 0% | 0% | 0% | 0% | 0.008 | $4,599,869 |
| MRC | Mineral Commodities | 0% | -1% | -38% | -47% | 0.074 | $41,352,632 |
| PUR | Pursuit Minerals | 0% | -15% | -54% | -68% | 0.011 | $10,979,971 |
| EMH | European Metals Hldg | 0% | 13% | -31% | -45% | 0.78 | $94,668,030 |
| WKT | Walkabout Resources | 0% | 0% | -4% | 10% | 0.173011 | $78,248,343 |
| EVR | Ev Resources Ltd | 0% | -19% | -55% | -48% | 0.022 | $21,297,634 |
| DTM | Dart Mining NL | 0% | -16% | -3% | -35% | 0.068 | $10,557,691 |
| LRS | Latin Resources Ltd | 0% | 5% | -4% | 167% | 0.115 | $229,641,140 |
| SCN | Scorpion Minerals | 0% | -3% | -18% | 3% | 0.07 | $23,359,433 |
| AOA | Ausmon Resorces | 0% | -25% | -40% | -14% | 0.006 | $5,143,736 |
| RR1 | Reach Resources Ltd | 0% | -17% | -33% | -41% | 0.005 | $9,550,253 |
| AVW | Avira Resources Ltd | 0% | -14% | -40% | -57% | 0.003 | $6,401,370 |
| KAI | Kairos Minerals Ltd | 0% | -9% | 11% | 0% | 0.031 | $60,886,898 |
| PGD | Peregrine Gold | 0% | -28% | -8% | 13% | 0.435 | $17,424,700 |
| RAS | Ragusa Minerals Ltd | 0% | -33% | 186% | 137% | 0.22 | $28,822,778 |
| SRZ | Stellar Resources | 0% | -14% | -52% | -50% | 0.012 | $13,060,202 |
| EVR | Ev Resources Ltd | 0% | -19% | -55% | -48% | 0.022 | $21,297,634 |
| ODE | Odessa Minerals Ltd | 0% | -19% | 0% | 240% | 0.017 | $9,260,018 |
| XTC | Xantippe Res Ltd | 0% | -13% | -42% | 40% | 0.007 | $57,016,609 |
| MEK | Meeka Metals Limited | 0% | -3% | 32% | 16% | 0.058 | $62,988,927 |
| LIN | Lindian Resources | 0% | -31% | 632% | 583% | 0.205 | $164,931,293 |
| LOT | Lotus Resources Ltd | 0% | 2% | -28% | -29% | 0.23 | $298,356,874 |
| RMX | Red Mount Min Ltd | 0% | -17% | -44% | -50% | 0.005 | $8,211,819 |
| M2R | Miramar | 0% | -5% | -37% | -53% | 0.095 | $7,068,174 |
| PVW | PVW Res Ltd | 0% | -13% | -61% | -71% | 0.13 | $12,092,844 |
| TAR | Taruga Minerals | 0% | 7% | 83% | -30% | 0.032 | $19,173,884 |
| ABX | ABX Group Limited | 0% | -6% | -17% | 43% | 0.15 | $32,420,668 |
| MEK | Meeka Metals Limited | 0% | -3% | 32% | 16% | 0.058 | $62,988,927 |
| RR1 | Reach Resources Ltd | 0% | -17% | -33% | -41% | 0.005 | $9,550,253 |
| MRD | Mount Ridley Mines | 0% | -17% | -38% | -29% | 0.005 | $30,727,212 |
| ODE | Odessa Minerals Ltd | 0% | -19% | 0% | 240% | 0.017 | $9,260,018 |
| AOA | Ausmon Resorces | 0% | -25% | -40% | -14% | 0.006 | $5,143,736 |
| CDT | Castle Minerals | 0% | -12% | -45% | -12% | 0.023 | $22,988,339 |
| BEM | Blackearth Minerals | -1% | -7% | -2% | -18% | 0.098 | $26,518,891 |
| AS2 | Askarimetalslimited | -1% | 4% | -24% | 130% | 0.425 | $19,735,649 |
| RBX | Resource B | -1% | -15% | -64% | -55% | 0.085 | $3,605,932 |
| TMT | Technology Metals | -1% | -22% | -19% | -7% | 0.345 | $73,438,595 |
| VR8 | Vanadium Resources | -2% | -33% | -44% | -17% | 0.064 | $30,864,429 |
| AVL | Aust Vanadium Ltd | -2% | -15% | -45% | 43% | 0.0315 | $124,614,165 |
| MQR | Marquee Resource Ltd | -2% | -6% | -44% | -49% | 0.059 | $18,104,202 |
| DEV | Devex Resources Ltd | -2% | -18% | -35% | -13% | 0.265 | $96,180,057 |
| IXR | Ionic Rare Earths | -2% | -4% | -35% | 10% | 0.043 | $166,522,012 |
| PEK | Peak Rare Earths Ltd | -2% | 4% | -36% | -38% | 0.42 | $88,123,128 |
| MLS | Metals Australia | -3% | -16% | -62% | -5% | 0.038 | $23,674,411 |
| BRB | Breaker Res NL | -3% | 9% | 7% | -32% | 0.2725 | $89,606,255 |
| KNI | Kunikolimited | -3% | -13% | -26% | -64% | 0.65 | $31,503,190 |
| LEL | Lithenergy | -3% | -15% | -33% | 0% | 1.075 | $63,458,250 |
| TMB | Tambourahmetals | -4% | -16% | -45% | -36% | 0.135 | $5,561,001 |
| NMT | Neometals Ltd | -4% | -5% | -23% | -2% | 1.06 | $596,534,229 |
| SRL | Sunrise | -4% | -18% | -40% | 0% | 1.925 | $174,712,285 |
| VML | Vital Metals Limited | -5% | -8% | -46% | -44% | 0.0305 | $159,184,493 |
| BOA | Boadicea Resources | -5% | -20% | -47% | -46% | 0.1 | $7,769,990 |
| VMS | Venture Minerals | -5% | -23% | -62% | -56% | 0.02 | $33,549,152 |
| AXE | Archer Materials | -5% | -14% | -14% | -59% | 0.665 | $168,052,865 |
| RXL | Rox Resources | -5% | -27% | -49% | -48% | 0.19 | $32,098,780 |
| GAL | Galileo Mining Ltd | -5% | -8% | 455% | 393% | 1.11 | $221,097,251 |
| WCN | White Cliff Min Ltd | -5% | -22% | -25% | 38% | 0.018 | $14,204,464 |
| 1VG | Victory Goldfields | -5% | 3% | 16% | -5% | 0.18 | $8,951,426 |
| WCN | White Cliff Min Ltd | -5% | -22% | -25% | 38% | 0.018 | $14,204,464 |
| AOU | Auroch Minerals Ltd | -5% | -24% | -50% | -66% | 0.052 | $19,297,814 |
| WC1 | Westcobarmetals | -6% | -36% | 31% | -8% | 0.17 | $11,857,513 |
| PLL | Piedmont Lithium Inc | -6% | 6% | -2% | 2% | 0.905 | $495,916,552 |
| CZN | Corazon Ltd | -6% | 0% | -43% | -53% | 0.016 | $9,154,958 |
| CMO | Cosmometalslimited | -6% | 7% | -6% | 0% | 0.15 | $3,698,950 |
| STM | Sunstone Metals Ltd | -6% | -9% | -52% | -58% | 0.03 | $81,109,839 |
| BCA | Black Canyon Limited | -6% | 0% | -30% | -17% | 0.225 | $10,313,769 |
| RFR | Rafaella Resources | -7% | 20% | -11% | -48% | 0.042 | $15,821,652 |
| TEM | Tempest Minerals | -7% | -25% | -64% | -4% | 0.027 | $14,638,219 |
| FRB | Firebird Metals | -7% | 14% | -29% | -53% | 0.2 | $13,404,501 |
| NVX | Novonix Limited | -7% | 34% | -46% | -71% | 2.49 | $1,260,500,951 |
| QEM | QEM Limited | -8% | -18% | -23% | 0% | 0.185 | $24,497,015 |
| HRE | Heavy Rare Earths | -8% | -20% | 0% | 0% | 0.1525 | $10,112,948 |
| AML | Aeon Metals Ltd. | -8% | -14% | -47% | -53% | 0.024 | $27,335,769 |
| JMS | Jupiter Mines. | -8% | -5% | -23% | -14% | 0.18 | $362,413,341 |
| ENV | Enova Mining Limited | -8% | -14% | -40% | -43% | 0.012 | $4,691,152 |
| COB | Cobalt Blue Ltd | -8% | -21% | -23% | 40% | 0.59 | $198,363,202 |
| LPD | Lepidico Ltd | -8% | -20% | -43% | -57% | 0.0175 | $122,076,261 |
| M24 | Mamba Exploration | -8% | -21% | -10% | -41% | 0.115 | $5,061,000 |
| ASN | Anson Resources Ltd | -8% | -7% | 148% | 97% | 0.285 | $346,888,731 |
| ASO | Aston Minerals Ltd | -8% | -17% | -51% | -43% | 0.068 | $80,174,227 |
| RLC | Reedy Lagoon Corp. | -8% | -21% | -62% | -76% | 0.011 | $6,131,696 |
| DRE | Dreadnought Resources Ltd | -9% | 7% | 150% | 169% | 0.105 | $305,271,155 |
| AM7 | Arcadia Minerals | -9% | -12% | 11% | -10% | 0.26 | $12,141,452 |
| GRL | Godolphin Resources | -9% | -7% | -37% | -43% | 0.082 | $10,653,250 |
| BSX | Blackstone Ltd | -9% | -26% | -55% | -75% | 0.145 | $75,716,036 |
| KTA | Krakatoa Resources | -9% | -19% | -39% | -8% | 0.058 | $20,854,950 |
| VRC | Volt Resources Ltd | -10% | -34% | 0% | -32% | 0.019 | $64,293,498 |
| SRI | Sipa Resources Ltd | -10% | 2% | 5% | -16% | 0.046 | $10,046,215 |
| SBR | Sabre Resources | -10% | -36% | -10% | -25% | 0.0045 | $11,659,424 |
| 1MC | Morella Corporation | -10% | -18% | -42% | -72% | 0.018 | $110,229,560 |
| GRE | Greentechmetals | -10% | -13% | -27% | 0% | 0.135 | $4,682,050 |
| PTR | Petratherm Ltd | -10% | -32% | -46% | -2% | 0.054 | $12,361,313 |
| RAG | Ragnar Metals Ltd | -11% | -37% | -60% | -62% | 0.017 | $6,446,143 |
| ASM | Ausstratmaterials | -11% | -19% | -70% | -86% | 1.765 | $251,602,669 |
| CMX | Chemxmaterials | -11% | -16% | -30% | 0% | 0.16 | $7,498,580 |
| G88 | Golden Mile Res Ltd | -12% | -21% | -58% | -58% | 0.022 | $4,500,975 |
| CZL | Cons Zinc Ltd | -12% | 13% | -8% | -37% | 0.022 | $10,647,193 |
| STK | Strickland Metals | -12% | 10% | -48% | -51% | 0.043 | $63,223,688 |
| AKN | Auking Mining Ltd | -13% | 11% | -19% | -47% | 0.105 | $11,908,534 |
| NKL | Nickelxltd | -13% | -18% | -10% | 4% | 0.135 | $10,569,441 |
| IDA | Indiana Resources | -13% | -8% | -17% | -16% | 0.053 | $25,906,655 |
| CNJ | Conico Ltd | -15% | -45% | -8% | -71% | 0.011 | $16,732,133 |
| MTM | Mtmongerresources | -17% | -23% | -43% | -33% | 0.1 | $3,751,003 |
| CLA | Celsius Resource Ltd | -19% | -30% | -48% | -60% | 0.0105 | $15,028,290 |
| CLZ | Classic Min Ltd | -22% | -26% | -91% | -91% | 0.0125 | $8,836,600 |
| DM1 | Desert Metals | -27% | -33% | -14% | 18% | 0.3 | $15,837,300 |
| TSC | Twenty Seven Co. Ltd | -50% | -60% | -64% | -71% | 0.001 | $7,982,442 |
| WA1 | WA1 Resources | -6% | 1273% | 1044% | 724% | 2.06 | $59,810,000 |
TKM is up +100% since announcing rock chips grading up to 3% lithium at the Tambourah project in the Pilbara region of WA.
The explorer has now defined multiple stacked pegmatites outcropping at surface, extending over an area of at least 4km2.
These have never been drill tested, TKM says, “highlighting a significant opportunity to make a greenfields lithium discovery”.
It also completed the acquisition of a tenement from Pilbara Minerals (ASX:PLS) Monday. This ground is adjacent to TKM’s existing Pincunah project and is “prospective for new gold and base metal discoveries”.
TKM has one of the most experienced lithium boards on the ASX in Neil Biddle, John Young and Tony Leibowitz, who took Pilbara Minerals from sub-$10m shell to +$1bn lithium miner in under five years.
WR1 caught a rocket after announcing a “significant pegmatite intercept” late October at the Adina lithium project in Canada.
All up, 160m of pegmatite was intercepted in drilling below the recently discovered, well mineralised Jamar outcrop at Adina, it said late October.
“While the Company expects the return of assays from the laboratory to take approximately 6-7 weeks, visual inspection of diamond drill core samples from Adina show the pegmatites to be consistent with previously reported surface mineralisation,” it said.
In response to a November 2 price query from the ASX, WR1 said: “With this series of encouraging exploration results being made public, there appears to be a recognition that WR1’s market capitalisation is low when compared with many of its peers in the lithium exploration market.”
The 12,000m drilling program currently underway will culminate in a maiden resource at the Adina and Cancet projects in 2023.
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