Germans: frothing for our lithium. (Potentially.) Pic via Getty Images
High Voltage: Aussie lithium on Germany’s menu; Patient see supply deficit coming
Mining
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- Visiting German foreign minister hints the European country could enter a trade deal for Aussie lithium
- The lithium supply deficit narrative is for the patient, but it’s coming, according to Benchmark
- Leo Lithium sells off its remaining stake in huge lithium project in Mali
What’s making news in battery metals this week? Lithium, as per. But, more specifically, let’s dive right in to a few news items turning heads.
We’ll start with Germany’s foreign minister…
Germany wants Aussie lithium
… That’d be Annalena Baerbock, who was out here just recently on a visit to tell us, among other things, that Germany really should be buying its lithium directly from Australia.
Baerbock told the ABC this week that the influential European nation had overhauled its approach to China, in order to avoid relying too heavily on it for imports.
Instead, she said that the European nation should look to trade directly with Australia on critical minerals such as the battery metal in chief, lithium.
In a warning to her own country, the minister suggested that avoiding past mistakes was imperative, emphasising that Germany has, for instance, failed in the past to realise the extent of its economic dependence on Russia.
“You shouldn’t repeat mistakes twice,” said Baerbock.
“We Germans were so dependent on Russia for gas and oil [that] Russia calculated in the case of invasion, we couldn’t react.”
The minister noted, however, that Germany’s China strategy is “based on diversification” and that it is not looking to “decouple” from Chinese trade, just limit Germany’s dependence in one direction, especially while Beijing continues to strive for hegemony in the Asia Pacific region.
And that’s where Australia, as the world’s biggest producer of lithium, enters, stage left.
“Lithium comes from Australia then it’s being exported to China, processed there, and then we import it again,” noted the German foreign minister.
“The smartest thing not only for diversification, but also strengthening ties between democracies, and free markets, would be if we could import the lithium directly from Australia.”
The world needs lithium
Just as an adjunct to the above news item, a quick word on the supply/demand narrative of the world’s most-desired battery metal.
Despite what we’ve heard about the supply glut sending the lithium price lower over the past year or so, from what we’ve gleaned, the longer term narrative suggests that worm ought to turn amid increasing demand for electric vehicles and clean energy/tech.
Backing up this idea, Benchmark’s recent Solid-State and Lithium Metal Forecast struck a bullish tone for the sector, claiming that the global lithium metal production will struggle to keep pace with surging demand, and pointing to a “critical bottleneck” that will congest further later this year and into 2025 and 2026.
In a similar vein, the following post caught our eyes, too, from this Bangkok-residing, NZPGA golf professional playing/instructing, ASX and crypto trading X user – Steven Rushbrook.
Even if you’re a lithium bull, best case for smaller plays to break out is in Jan 2025,(IMO) but that’s not that far away. The pattern is starting to play out. And bigger names will slowly start to move now. It could be amazing buying here if you see a better outlook. Commodities… pic.twitter.com/WCHfolUQwF
— steven rushbrook (@RushbrookSteven) May 8, 2024
Yep, that’s right. This week this column is turning to a random golf-playing trader for a quote. Just mixing it up a tad, but it’s a decent post.
“Commodities follow the law of economics, (supply and demand). If any one thinks more lithium isn’t needed in the future yoU will be mistaken,” wrote Rushbrook, before sinking a perfect putt across the carpet into a mug. Probably.
The “best case for smaller plays to break out is in Jan 2025” in the golfer’s opinion. “But that’s not that far away. The pattern is starting to play out. And bigger names will slowly start to move now. It could be amazing buying here if you see a better outlook.”
Hang on, here’s an opinion from a respected established expert for good measure, too.
UBS predicts a tepid supply increase from Oz in 2024 of 5% (or 6.5K MT LCE) but overall has supply growth of 271K MT this year – almost at the level of global demand in 2020 (the actual number not the inflated one below). An example of why you should be skeptical of big banks &… pic.twitter.com/REc7lZPhwE
— Joe Lowry (@globallithium) May 6, 2024
Also making news this week
• Leo Lithium (ASX:LLL) made headlines yesterday after it was revealed it’s sold off the final 40% stake in the Goulamina lithium project in Mali.
Our Josh Chiat informed us in his Monsters of Rock column: The stock has been suspended for months amid disputes with the Mali Government – currently a military junta after a 2021 coup.
Leo will exit the show after a US$60m settlement with the Malian Government, banking US$342.7m from Ganfeng for the final 40% the Chinese lithium giant doesn’t own.
Fellow Malian lithium stock First Lithium (ASX:FL1) rose 6.82% in response to the news.
Look out for more on this from Josh today.
• Arcadium Lithium (ASX:LTM) (merged from US company Livent and Australia’s Allkem) is putting as positive a spin as it can on the news of its earning dip for the last quarter, in which it joins other big rivals, including Albemarle, Pilbara Minerals and IGO in taking a bit of a hit.
The company Arcadium, did still at least bag a profit in the quarter to end of March of $US15.8 million, but that’s down almost $US100 million from the $US114.8m it clocked in the same period a year ago.
Still… “We see encouraging signs in the lithium market, and underlying demand fundamentals remain very strong,” Arcadium CEO Paul Graves said in a statement.
That company statement also noted that Arcadium is still on track to achieve a 40% increase in combined lithium hydroxide and lithium carbonate sales volumes for the full year, with volume growth weighted towards the second half of this year.
• Pilbara Minerals (ASX:PLS) revealed on Wednesday, per a Reuters article, that it’s actively looking for acquisition opportunities, but that its existing assets are still a matter of priority.
“We are considering and looking at inorganic growth opportunities but we’re in no rush and we won’t grow for growth’s sake but if there’s a great opportunity … we’re up for that,” CEO Dale Henderson said during a Macquarie Australia Conference.
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 4pm May 8.)
Stocks missing from this list? Email [email protected]
| Code | Company | Price | % Week | % Month | % Year | Market Cap |
|---|---|---|---|---|---|---|
| PVW | PVW Res Ltd | 0.026 | -7% | 4% | -67% | $2,636,524 |
| A8G | Australasian Metals | 0.08 | 25% | 25% | -45% | $4,169,640 |
| INF | Infinity Lithium | 0.057 | -5% | -17% | -54% | $23,129,605 |
| LPI | Lithium Pwr Int Ltd | 0 | -100% | -100% | -100% | $361,898,974 |
| PSC | Prospect Res Ltd | 0.145 | -9% | 84% | 4% | $70,749,794 |
| PAM | Pan Asia Metals | 0.16 | 0% | 0% | -41% | $26,850,684 |
| CXO | Core Lithium | 0.135 | -7% | -13% | -86% | $299,170,976 |
| LOT | Lotus Resources Ltd | 0.455 | 3% | 7% | 146% | $869,827,650 |
| AGY | Argosy Minerals Ltd | 0.1275 | -2% | -6% | -71% | $175,550,937 |
| AZS | Azure Minerals | 3.69 | 0% | 3% | 800% | $1,692,527,632 |
| NWC | New World Resources | 0.037 | 1% | -21% | -5% | $102,082,142 |
| QXR | Qx Resources Limited | 0.012 | -14% | -29% | -65% | $13,320,934 |
| GSR | Greenstone Resources | 0.01 | 11% | 11% | -47% | $13,732,573 |
| CAE | Cannindah Resources | 0.053 | 4% | -12% | -71% | $30,638,238 |
| AZL | Arizona Lithium Ltd | 0.0215 | -7% | -10% | -50% | $93,785,747 |
| RIL | Redivium Limited | 0.003 | -14% | -33% | -73% | $8,192,564 |
| COB | Cobalt Blue Ltd | 0.088 | -4% | -41% | -71% | $37,535,004 |
| ESS | Essential Metals Ltd | 0 | -100% | -100% | -100% | $135,278,382 |
| LPD | Lepidico Ltd | 0.003 | 0% | 5% | -68% | $22,914,924 |
| MRD | Mount Ridley Mines | 0.001 | 0% | 0% | -67% | $7,784,883 |
| CZN | Corazon Ltd | 0.009 | 0% | -18% | -40% | $5,540,381 |
| LKE | Lake Resources | 0.06 | -3% | -10% | -88% | $102,874,640 |
| DEV | Devex Resources Ltd | 0.3 | 0% | 0% | 0% | $132,357,201 |
| INR | Ioneer Ltd | 0.2025 | 4% | 19% | -41% | $465,122,942 |
| AVZ | AVZ Minerals Ltd | 0.78 | 0% | 0% | 0% | $2,752,409,203 |
| MAN | Mandrake Res Ltd | 0.039 | 22% | 11% | -5% | $25,287,157 |
| RLC | Reedy Lagoon Corp. | 0.004 | 33% | 0% | -31% | $2,478,163 |
| GBR | Greatbould Resources | 0.062 | 3% | 3% | -29% | $37,233,594 |
| FRS | Forrestaniaresources | 0.018 | 0% | 29% | -77% | $3,073,929 |
| STK | Strickland Metals | 0.1 | -13% | -17% | 150% | $169,796,781 |
| MLX | Metals X Limited | 0.44 | -3% | 13% | 57% | $398,735,069 |
| CLA | Celsius Resource Ltd | 0.0105 | 5% | -25% | -42% | $24,279,127 |
| FGR | First Graphene Ltd | 0.057 | -8% | -3% | -30% | $38,236,600 |
| HXG | Hexagon Energy | 0.022 | 16% | 0% | 83% | $10,771,234 |
| TLG | Talga Group Ltd | 0.715 | 2% | -1% | -53% | $269,625,462 |
| MNS | Magnis Energy Tech | 0.042 | 0% | 0% | -79% | $50,378,922 |
| PLL | Piedmont Lithium Inc | 0.205 | 5% | 5% | -74% | $86,922,112 |
| EUR | European Lithium Ltd | 0.053 | 0% | -22% | -46% | $72,702,377 |
| BKT | Black Rock Mining | 0.065 | 0% | -2% | -46% | $82,587,025 |
| QEM | QEM Limited | 0.1575 | 2% | -6% | -28% | $22,708,757 |
| LYC | Lynas Rare Earths | 6.635 | 1% | 17% | 1% | $6,215,875,930 |
| ESR | Estrella Res Ltd | 0.004 | 0% | -27% | -60% | $7,037,487 |
| ARL | Ardea Resources Ltd | 0.66 | -2% | -2% | 57% | $141,689,670 |
| GLN | Galan Lithium Ltd | 0.29 | -12% | -29% | -72% | $117,717,539 |
| JLL | Jindalee Lithium Ltd | 0.595 | 0% | -15% | -71% | $36,294,070 |
| VUL | Vulcan Energy | 3.78 | 12% | 48% | -27% | $595,372,608 |
| SBR | Sabre Resources | 0.018 | 6% | -5% | -22% | $7,110,977 |
| CHN | Chalice Mining Ltd | 1.3125 | 8% | 8% | -83% | $460,921,515 |
| VRC | Volt Resources Ltd | 0.005 | 0% | 0% | -50% | $24,952,069 |
| NMT | Neometals Ltd | 0.1025 | 3% | -21% | -82% | $65,395,083 |
| AXN | Alliance Nickel Ltd | 0.033 | -20% | -3% | -69% | $25,404,387 |
| PNN | Power Minerals Ltd | 0.105 | -13% | -32% | -72% | $10,649,579 |
| IGO | IGO Limited | 7.86 | -1% | 9% | -45% | $5,952,125,010 |
| GED | Golden Deeps | 0.04 | -2% | -5% | -50% | $4,620,894 |
| ADV | Ardiden Ltd | 0.16 | 0% | 7% | -47% | $10,315,388 |
| SRI | Sipa Resources Ltd | 0.017 | 0% | -11% | -15% | $3,878,688 |
| NTU | Northern Min Ltd | 0.036 | 3% | 20% | -10% | $206,884,273 |
| AXE | Archer Materials | 0.47 | -7% | -10% | 18% | $117,229,626 |
| PGM | Platina Resources | 0.021 | 5% | 5% | -32% | $13,709,967 |
| AAJ | Aruma Resources Ltd | 0.015 | -6% | -25% | -78% | $2,953,373 |
| IXR | Ionic Rare Earths | 0.013 | -7% | -24% | -52% | $62,806,914 |
| NIC | Nickel Industries | 0.99 | 4% | 14% | 6% | $4,285,809,880 |
| EVG | Evion Group NL | 0.025 | 4% | 19% | -46% | $8,994,939 |
| CWX | Carawine Resources | 0.105 | 0% | -5% | 12% | $23,612,545 |
| PLS | Pilbara Min Ltd | 4.165 | 3% | 10% | -5% | $12,550,536,412 |
| HAS | Hastings Tech Met | 0.29 | -15% | -26% | -84% | $55,558,482 |
| BUX | Buxton Resources Ltd | 0.115 | 10% | 10% | -30% | $19,923,393 |
| ARR | American Rare Earths | 0.265 | -9% | 15% | 39% | $125,822,941 |
| SGQ | St George Min Ltd | 0.02 | 11% | 11% | -51% | $20,759,349 |
| TKL | Traka Resources | 0.0015 | -25% | -25% | -73% | $2,625,988 |
| PAN | Panoramic Resources | 0.035 | 0% | 0% | -73% | $103,937,992 |
| PRL | Province Resources | 0.041 | 0% | 0% | 0% | $48,441,219 |
| IPT | Impact Minerals | 0.023 | 21% | 64% | 77% | $68,752,893 |
| LIT | Lithium Australia | 0.028 | 0% | -3% | -18% | $34,224,167 |
| AKE | Allkem Limited | 0 | -100% | -100% | -100% | $6,304,350,967 |
| ARN | Aldoro Resources | 0.065 | -7% | -8% | -55% | $8,346,672 |
| JRV | Jervois Global Ltd | 0.0145 | -9% | -42% | -87% | $37,838,693 |
| MCR | Mincor Resources NL | 0 | -100% | -100% | -100% | $751,215,521 |
| SYR | Syrah Resources | 0.465 | -11% | -11% | -53% | $407,518,818 |
| FBM | Future Battery | 0.053 | 6% | -7% | -54% | $33,209,639 |
| ADD | Adavale Resource Ltd | 0.0055 | 10% | -8% | -71% | $5,079,898 |
| LTR | Liontown Resources | 1.3175 | 6% | 11% | -54% | $3,103,358,109 |
| CTM | Centaurus Metals Ltd | 0.4 | -4% | 25% | -52% | $207,898,882 |
| VML | Vital Metals Limited | 0.004 | -20% | -20% | -64% | $23,580,268 |
| BSX | Blackstone Ltd | 0.051 | -7% | -19% | -69% | $28,367,340 |
| POS | Poseidon Nick Ltd | 0.006 | 0% | 0% | -84% | $25,994,743 |
| CHR | Charger Metals | 0.081 | 3% | -19% | -84% | $6,271,040 |
| AVL | Aust Vanadium Ltd | 0.014 | 0% | -7% | -64% | $120,547,044 |
| AUZ | Australian Mines Ltd | 0.01 | 0% | -9% | -57% | $13,985,119 |
| TMT | Technology Metals | 0 | -100% | -100% | -100% | $67,134,856 |
| RXL | Rox Resources | 0.165 | -6% | -17% | -60% | $60,943,453 |
| RNU | Renascor Res Ltd | 0.1025 | 4% | 28% | -49% | $254,139,050 |
| GL1 | Globallith | 0.39 | -4% | -20% | -73% | $96,298,161 |
| BRB | Breaker Res NL | 0 | -100% | -100% | -100% | $158,126,031 |
| ASN | Anson Resources Ltd | 0.135 | 29% | 35% | -27% | $167,768,667 |
| SYA | Sayona Mining Ltd | 0.0365 | 7% | -11% | -82% | $380,851,953 |
| FFX | Firefinch Ltd | 0.2 | 0% | 0% | 0% | $236,569,315 |
| EGR | Ecograf Limited | 0.145 | -12% | -17% | -17% | $65,834,614 |
| ATM | Aneka Tambang | 1.1 | 0% | 0% | -4% | $1,434,014 |
| TVN | Tivan Limited | 0.053 | -5% | 6% | -35% | $87,001,476 |
| ALY | Alchemy Resource Ltd | 0.007 | 0% | -13% | -56% | $9,424,610 |
| GAL | Galileo Mining Ltd | 0.265 | -12% | 4% | -65% | $53,358,730 |
| BHP | BHP Group Limited | 43.365 | 1% | -2% | -2% | $220,205,868,074 |
| LEL | Lithenergy | 0.49 | -2% | -5% | -36% | $57,120,800 |
| MMC | Mitremining | 0.64 | 29% | 25% | 110% | $56,173,896 |
| RMX | Red Mount Min Ltd | 0.001 | -33% | -50% | -71% | $2,673,576 |
| GW1 | Greenwing Resources | 0.079 | -11% | 13% | -68% | $14,318,867 |
| AQD | Ausquest Limited | 0.013 | 18% | 18% | -24% | $10,726,940 |
| LML | Lincoln Minerals | 0.007 | 0% | 17% | -56% | $11,076,294 |
| 1MC | Morella Corporation | 0.003 | 0% | -25% | -70% | $18,536,398 |
| REE | Rarex Limited | 0.014 | -7% | -13% | -73% | $9,567,412 |
| MRC | Mineral Commodities | 0.023 | -8% | 10% | -43% | $23,627,342 |
| PUR | Pursuit Minerals | 0.0045 | -10% | -10% | -72% | $13,247,871 |
| QPM | Queensland Pacific | 0.0435 | -19% | 9% | -62% | $84,526,693 |
| EMH | European Metals Hldg | 0.42 | -5% | 40% | -29% | $49,439,239 |
| BMM | Balkanminingandmin | 0.053 | -4% | -16% | -74% | $3,694,107 |
| PEK | Peak Rare Earths Ltd | 0.225 | -6% | 18% | -55% | $58,507,187 |
| LEG | Legend Mining | 0.014 | 8% | 8% | -70% | $40,711,681 |
| MOH | Moho Resources | 0.005 | 0% | 0% | -71% | $2,156,713 |
| AML | Aeon Metals Ltd. | 0.007 | 17% | 17% | -68% | $7,674,804 |
| G88 | Golden Mile Res Ltd | 0.012 | 0% | -8% | -43% | $4,934,674 |
| WKT | Walkabout Resources | 0.12 | 0% | -4% | 20% | $83,907,681 |
| TON | Triton Min Ltd | 0.012 | -14% | -11% | -66% | $20,298,105 |
| AR3 | Austrare | 0.115 | 5% | -4% | -68% | $17,151,408 |
| ARU | Arafura Rare Earths | 0.19 | -5% | 0% | -53% | $438,957,416 |
| MIN | Mineral Resources. | 76.99 | 7% | 10% | 9% | $15,229,129,467 |
| VMC | Venus Metals Cor Ltd | 0.09 | 0% | -9% | -23% | $17,075,581 |
| S2R | S2 Resources | 0.12 | -11% | -14% | -11% | $52,078,669 |
| CNJ | Conico Ltd | 0.001 | 0% | -33% | -88% | $1,805,095 |
| VR8 | Vanadium Resources | 0.045 | 0% | -6% | -46% | $22,972,308 |
| PVT | Pivotal Metals Ltd | 0.017 | 0% | -23% | -51% | $13,378,247 |
| BOA | Boadicea Resources | 0.025 | -11% | -7% | -70% | $3,207,174 |
| IPX | Iperionx Limited | 2.14 | 1% | -2% | 114% | $493,974,100 |
| SLZ | Sultan Resources Ltd | 0.011 | 0% | -15% | -73% | $2,173,451 |
| NKL | Nickelxltd | 0.02 | -9% | -31% | -67% | $1,580,673 |
| NVA | Nova Minerals Ltd | 0.23 | -18% | -8% | -36% | $56,437,990 |
| MLS | Metals Australia | 0.021 | -5% | -9% | -42% | $14,854,760 |
| MQR | Marquee Resource Ltd | 0.013 | -7% | -24% | -43% | $5,373,997 |
| MRR | Minrex Resources Ltd | 0.012 | 0% | -8% | -29% | $13,018,410 |
| EVR | Ev Resources Ltd | 0.009 | 13% | 0% | -40% | $11,230,808 |
| EFE | Eastern Resources | 0.0075 | 7% | 7% | -32% | $8,693,625 |
| CNB | Carnaby Resource Ltd | 0.705 | -2% | 12% | -43% | $116,435,131 |
| BNR | Bulletin Res Ltd | 0.053 | 13% | -18% | -31% | $15,561,506 |
| AX8 | Accelerate Resources | 0.042 | -13% | 11% | 75% | $27,448,709 |
| AM7 | Arcadia Minerals | 0.073 | 0% | -23% | -58% | $7,960,657 |
| AS2 | Askarimetalslimited | 0.051 | 9% | 2% | -88% | $4,591,472 |
| BYH | Bryah Resources Ltd | 0.008 | 0% | -20% | -59% | $3,483,628 |
| DTM | Dart Mining NL | 0.027 | 0% | -34% | -51% | $6,977,688 |
| EMS | Eastern Metals | 0.033 | -3% | 0% | -44% | $2,720,066 |
| FG1 | Flynngold | 0.028 | -15% | -33% | -50% | $6,401,495 |
| GSM | Golden State Mining | 0.011 | -8% | -8% | -63% | $2,793,706 |
| IMI | Infinitymining | 0.06 | -20% | -12% | -65% | $7,956,477 |
| LRV | Larvottoresources | 0.105 | 46% | 18% | -50% | $18,020,038 |
| LSR | Lodestar Minerals | 0.002 | 33% | 0% | -60% | $4,046,795 |
| RAG | Ragnar Metals Ltd | 0.018 | 0% | -10% | 11% | $8,531,657 |
| CTN | Catalina Resources | 0.003 | 0% | 0% | -40% | $3,715,461 |
| TMB | Tambourahmetals | 0.066 | -4% | -12% | -40% | $5,639,944 |
| TEM | Tempest Minerals | 0.009 | 0% | 0% | -47% | $4,672,120 |
| EMC | Everest Metals Corp | 0.09 | -9% | -18% | 25% | $14,456,914 |
| WML | Woomera Mining Ltd | 0.004 | 0% | -20% | -67% | $4,872,556 |
| KZR | Kalamazoo Resources | 0.091 | 1% | -9% | -33% | $14,858,301 |
| LMG | Latrobe Magnesium | 0.049 | -2% | 1% | -28% | $98,749,636 |
| KOR | Korab Resources | 0.007 | 0% | -13% | -74% | $2,569,350 |
| CMX | Chemxmaterials | 0.051 | 6% | 13% | -51% | $5,764,034 |
| NC1 | Nicoresourceslimited | 0.15 | 0% | 7% | -72% | $15,323,081 |
| GRE | Greentechmetals | 0.19 | -10% | -31% | 12% | $16,200,595 |
| CMO | Cosmometalslimited | 0.041 | 0% | 14% | -63% | $4,929,383 |
| FRB | Firebird Metals | 0.205 | 21% | 71% | 46% | $29,895,894 |
| S32 | South32 Limited | 3.64 | 1% | 13% | -12% | $16,531,793,773 |
| OMH | OM Holdings Limited | 0.495 | 3% | 14% | -24% | $383,128,401 |
| JMS | Jupiter Mines. | 0.2975 | 1% | 35% | 32% | $587,851,596 |
| E25 | Element 25 Ltd | 0.255 | 4% | 13% | -64% | $54,382,584 |
| EMN | Euromanganese | 0.077 | -5% | -13% | -65% | $17,431,858 |
| KGD | Kula Gold Limited | 0.012 | 20% | 33% | 9% | $5,837,543 |
| LRS | Latin Resources Ltd | 0.255 | 13% | 46% | 89% | $714,871,963 |
| CRR | Critical Resources | 0.0115 | -4% | -12% | -73% | $21,334,203 |
| ENT | Enterprise Metals | 0.003 | 0% | 0% | -57% | $2,654,163 |
| SCN | Scorpion Minerals | 0.025 | 4% | -4% | -64% | $11,055,317 |
| GCM | Green Critical Min | 0.003 | -25% | -25% | -83% | $3,409,755 |
| ENV | Enova Mining Limited | 0.021 | 11% | -5% | 62% | $22,032,375 |
| RBX | Resource B | 0.035 | -8% | -19% | -71% | $2,728,588 |
| AKN | Auking Mining Ltd | 0.02 | -17% | -13% | -67% | $4,471,720 |
| RR1 | Reach Resources Ltd | 0.015 | 67% | 20% | -6% | $13,116,460 |
| EMT | Emetals Limited | 0.005 | 0% | 0% | -38% | $5,100,000 |
| PNT | Panthermetalsltd | 0.039 | 0% | 30% | -46% | $3,399,480 |
| WIN | Widgienickellimited | 0.037 | -10% | -24% | -86% | $11,321,912 |
| WMG | Western Mines | 0.34 | -18% | 119% | -48% | $27,258,546 |
| AVW | Avira Resources Ltd | 0.001 | 0% | 0% | -67% | $2,133,790 |
| CAI | Calidus Resources | 0.125 | -11% | -17% | -36% | $95,166,713 |
| GT1 | Greentechnology | 0.1 | -13% | -23% | -83% | $32,175,210 |
| KAI | Kairos Minerals Ltd | 0.013 | 8% | 0% | -35% | $28,830,034 |
| MTM | MTM Critical Metals | 0.057 | 4% | 6% | -66% | $16,585,304 |
| NWM | Norwest Minerals | 0.038 | -12% | 36% | 12% | $15,524,780 |
| PGD | Peregrine Gold | 0.22 | -4% | -8% | -40% | $14,933,253 |
| RAS | Ragusa Minerals Ltd | 0.02 | -5% | -23% | -76% | $2,994,575 |
| RGL | Riversgold | 0.006 | 0% | -14% | -76% | $6,289,799 |
| SRZ | Stellar Resources | 0.018 | 6% | 38% | 64% | $26,407,825 |
| STM | Sunstone Metals Ltd | 0.0105 | -25% | -30% | -65% | $38,507,167 |
| ZNC | Zenith Minerals Ltd | 0.075 | -12% | -18% | -50% | $28,190,471 |
| WC8 | Wildcat Resources | 0.51 | -1% | -16% | 1545% | $591,216,506 |
| ASO | Aston Minerals Ltd | 0.011 | -8% | -21% | -90% | $12,950,643 |
| THR | Thor Energy PLC | 0.016 | -16% | -24% | -64% | $2,936,862 |
| YAR | Yari Minerals Ltd | 0.004 | -20% | -33% | -80% | $1,929,431 |
| IG6 | Internationalgraphit | 0.125 | 4% | -26% | -43% | $22,136,804 |
| LPM | Lithium Plus | 0.098 | -18% | -32% | -63% | $12,572,300 |
| ODE | Odessa Minerals Ltd | 0.004 | 0% | -33% | -43% | $4,173,130 |
| KOB | Kobaresourceslimited | 0.135 | 39% | 35% | -23% | $22,198,626 |
| AZI | Altamin Limited | 0.041 | 0% | -16% | -44% | $18,431,659 |
| FTL | Firetail Resources | 0.051 | 46% | 13% | -43% | $7,445,278 |
| LNR | Lanthanein Resources | 0.005 | -17% | 67% | -72% | $9,774,545 |
| CLZ | Classic Min Ltd | 0.0075 | -6% | -25% | -85% | $2,170,241 |
| NVX | Novonix Limited | 0.8475 | -2% | -16% | -13% | $415,605,372 |
| OCN | Oceanalithiumlimited | 0.05 | 0% | -4% | -85% | $2,757,902 |
| SUM | Summitminerals | 0.135 | -10% | 80% | 13% | $6,910,283 |
| DVP | Develop Global Ltd | 2.35 | -4% | 3% | -25% | $567,809,380 |
| OD6 | Od6Metalsltd | 0.07 | -3% | 0% | -77% | $5,617,845 |
| HRE | Heavy Rare Earths | 0.037 | 12% | 0% | -74% | $2,238,053 |
| LIN | Lindian Resources | 0.14 | 4% | 17% | -66% | $158,389,307 |
| PEK | Peak Rare Earths Ltd | 0.225 | -6% | 18% | -55% | $58,507,187 |
| ILU | Iluka Resources | 8.125 | 6% | 13% | -26% | $3,419,192,900 |
| ASM | Ausstratmaterials | 1.015 | 0% | -26% | -10% | $181,520,247 |
| ETM | Energy Transition | 0.035 | -5% | -13% | -5% | $48,302,063 |
| VMS | Venture Minerals | 0.021 | 5% | -5% | 17% | $43,066,914 |
| IDA | Indiana Resources | 0.078 | -5% | 1% | 95% | $50,085,880 |
| VTM | Victory Metals Ltd | 0.25 | 11% | -6% | -17% | $19,535,917 |
| M2R | Miramar | 0.009 | -10% | -25% | -77% | $1,860,869 |
| WCN | White Cliff Min Ltd | 0.016 | 7% | 7% | 100% | $25,990,199 |
| TAR | Taruga Minerals | 0.008 | 0% | 14% | -50% | $5,648,214 |
| ABX | ABX Group Limited | 0.06 | -2% | -12% | -40% | $15,502,499 |
| MEK | Meeka Metals Limited | 0.036 | 6% | -3% | 6% | $40,745,395 |
| DRE | Dreadnought Resources Ltd | 0.0175 | 3% | -8% | -71% | $63,235,313 |
| KFM | Kingfisher Mining | 0.071 | -3% | -14% | -70% | $3,813,765 |
| AOA | Ausmon Resorces | 0.002 | 0% | 0% | -50% | $2,117,999 |
| WC1 | Westcobarmetals | 0.039 | 0% | -17% | -66% | $4,525,112 |
| GRL | Godolphin Resources | 0.024 | -17% | -33% | -61% | $4,202,389 |
| DM1 | Desert Metals | 0.02 | -9% | -33% | -81% | $5,308,514 |
| PTR | Petratherm Ltd | 0.03 | 15% | 25% | -54% | $6,967,285 |
| ITM | Itech Minerals Ltd | 0.065 | -10% | -19% | -74% | $8,070,715 |
| KTA | Krakatoa Resources | 0.018 | 64% | 125% | -40% | $7,553,716 |
| M24 | Mamba Exploration | 0.022 | -4% | -12% | -77% | $4,049,810 |
| LNR | Lanthanein Resources | 0.005 | -17% | 67% | -72% | $9,774,545 |
| TKM | Trek Metals Ltd | 0.037 | -5% | -3% | -36% | $16,944,604 |
| BCA | Black Canyon Limited | 0.13 | 30% | 18% | -35% | $9,118,390 |
| CDT | Castle Minerals | 0.005 | -17% | -17% | -69% | $7,346,958 |
| DLI | Delta Lithium | 0.3225 | 6% | 9% | -28% | $217,589,178 |
| A11 | Atlantic Lithium | 0.395 | -2% | 7% | -29% | $253,370,931 |
| KNI | Kunikolimited | 0.22 | -6% | -10% | -54% | $19,061,739 |
| CY5 | Cygnus Metals Ltd | 0.08 | 0% | 45% | -65% | $24,490,968 |
| WR1 | Winsome Resources | 1.28 | -7% | 13% | -12% | $239,435,239 |
| LLI | Loyal Lithium Ltd | 0.25 | -6% | -17% | -22% | $21,680,703 |
| BC8 | Black Cat Syndicate | 0.28 | 2% | 10% | -43% | $81,766,663 |
| BUR | Burleyminerals | 0.088 | 35% | 26% | -67% | $10,977,079 |
| PBL | Parabellumresources | 0.043 | -17% | -23% | -88% | $2,678,900 |
| L1M | Lightning Minerals | 0.092 | -6% | 28% | -46% | $4,572,830 |
| WA1 | Wa1Resourcesltd | 18.81 | 9% | 30% | 594% | $1,159,257,280 |
| EV1 | Evolutionenergy | 0.069 | -8% | -24% | -71% | $18,807,634 |
| 1AE | Auroraenergymetals | 0.084 | -5% | -16% | -13% | $13,532,589 |
| RVT | Richmond Vanadium | 0.28 | 14% | -10% | -25% | $22,414,030 |
| PMT | Patriotbatterymetals | 0.9225 | 19% | 4% | -37% | $521,362,301 |
| PAT | Patriot Lithium | 0.091 | -8% | 11% | -64% | $6,474,393 |
| BM8 | Battery Age Minerals | 0.1 | 0% | 1% | -72% | $9,176,032 |
| OM1 | Omnia Metals Group | 0.078 | 0% | 0% | -64% | $4,550,568 |
| VHM | Vhmlimited | 0.48 | -4% | -2% | -46% | $76,329,138 |
| LLL | Leolithiumlimited | 0.505 | 0% | 0% | -11% | $498,553,663 |
| SRN | Surefire Rescs NL | 0.01 | 0% | 0% | -41% | $19,863,078 |
| SRL | Sunrise | 0.645 | -5% | 1% | -50% | $61,354,699 |
| SYR | Syrah Resources | 0.465 | -11% | -11% | -53% | $407,518,818 |
| EG1 | Evergreenlithium | 0.092 | -6% | -4% | -77% | $5,173,160 |
| WSR | Westar Resources | 0.011 | 0% | -3% | -62% | $2,780,363 |
| LU7 | Lithium Universe Ltd | 0.027 | -18% | 42% | -10% | $11,115,816 |
| MEI | Meteoric Resources | 0.225 | 5% | -2% | 41% | $447,776,965 |
| REC | Rechargemetals | 0.033 | -3% | -34% | -74% | $4,749,459 |
| SLM | Solismineralsltd | 0.096 | -9% | -17% | -13% | $7,432,968 |
| DYM | Dynamicmetalslimited | 0.16 | -11% | -16% | -3% | $6,120,000 |
| TOR | Torque Met | 0.135 | 4% | -10% | 8% | $22,903,600 |
| ICL | Iceni Gold | 0.092 | 254% | 318% | 53% | $5,670,904 |
| TMX | Terrain Minerals | 0.004 | 0% | 0% | -43% | $5,726,683 |
| MHC | Manhattan Corp Ltd | 0.002 | 0% | -33% | -60% | $5,873,960 |
| MHK | Metalhawk. | 0.058 | -5% | -9% | -54% | $5,838,860 |
| ANX | Anax Metals Ltd | 0.041 | 46% | 78% | -44% | $26,017,952 |
| FIN | FIN Resources Ltd | 0.012 | -33% | -25% | -8% | $7,791,224 |
| LM1 | Leeuwin Metals Ltd | 0.067 | -11% | -4% | -78% | $2,998,507 |
| HAW | Hawthorn Resources | 0.07 | -7% | -13% | -7% | $23,451,093 |
| LCY | Legacy Iron Ore | 0.016 | -6% | 7% | 0% | $123,416,772 |
| RON | Roninresourcesltd | 0.13 | 13% | 8% | 4% | $4,234,876 |
| ASR | Asra Minerals Ltd | 0.007 | 0% | 0% | -30% | $11,647,970 |
| PFE | Panteraminerals | 0.039 | 0% | -3% | -54% | $10,190,330 |
| KM1 | Kalimetalslimited | 0.4 | 0% | -7% | 0% | $30,918,548 |
| LTM | Arcadium Lithium PLC | 7.165 | 7% | 12% | 0% | $2,771,613,440 |
Weekly winners 🚀
Krakatoa Resources (ASX:KTA) +64%
Reach Resources (ASX:RR1) +55%
Firetail Resources (ASX:FTL) +46%
Weekly losers 😭
Red Mountain Mining (ASX:RMX) -33%
Traka Resources (ASX:TKL) -25%
Green Critical Minerals (ASX:GCM) -25%
Alliance Nickel (ASX:AXN) -20%
