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EV and vitality storage demand is predicted to drive lithium demand and costs as analysts and miners eye a possible lithium spring. Pic: Getty Photographs
- Lithium’s winter could also be thawing out. There are indicators
- Spodumene and carbonate costs are up after mine closures in China
- EV gross sales could also be lagging within the US however are choosing up in different key international markets
Our Excessive Voltage column wraps all of the information driving ASX shares with publicity to lithium, cobalt, graphite, nickel, uncommon earths and vanadium.
Whereas lithium costs have been robust in latest months, there could possibly be indicators that the battery steel is rising from its wintery hibernation with spring on the horizon.
Spodumene costs have charged from the low US$600/t vary to shut to US$800/t prior to now month after mine closures in China, with lithium carbonate costs additionally round US$1000/t greater over the identical interval.
In keeping with studies, eight lithium mines in Jiangxi are being scrutinised, which might doubtlessly result in suspensions.
If mines are utterly shut down, Shanghai Metals Market forecasts a ten,000t affect to produce in August, escalating to 14,000t a month by the top of the yr.
Joe Lowry, the US-based founding father of advisory World Lithium, believes the lithium winter has ended, posting a video to X stating, “I imagine the market has bottomed and we’ve began the subsequent cycle.”
EV gross sales could also be flat within the US, however they’re rising in Asia, Australia and the remainder of the world and, added to the rising demand from vitality storage programs, the 2 sectors are expected to account for around 90% of lithium demand by 2030.
Canaccord Genuity analyst Tim Hoff informed Stockhead stated they have been beforehand cautious on international demand, given how the US was performing.
“Nonetheless, the remainder of the world and China are rising EV market share quickly,” he said.
“And so, the EV demand story rolls on, the vitality storage demand story rolls on… so, we’re searching for a demand-led restoration.”
Battery Metals Winners and Losers
Right here’s how a basket of ASX shares with publicity to lithium, cobalt, graphite, nickel, uncommon earths, magnesium, manganese and vanadium is performing >>>
| Code | Firm | Value | % Week | % Month | % Six Month | % 12 months | Market Cap |
|---|---|---|---|---|---|---|---|
| XTC | XTC Lithium Restricted | 0.2 | 19900% | 19900% | 19900% | 19900% | $17,528,272 |
| TKL | Traka Assets | 0.002 | 100% | 100% | 0% | 100% | $4,251,580 |
| ASR | Asra Minerals Ltd | 0.002 | 100% | 0% | -33% | -60% | $8,000,396 |
| 1AE | Auroraenergymetals | 0.075 | 63% | 42% | 56% | 25% | $14,146,035 |
| TMB | Tambourahmetals | 0.038 | 52% | 65% | 46% | 5% | $5,957,138 |
| CZN | Corazon Ltd | 0.003 | 50% | 50% | 50% | -25% | $3,553,717 |
| RLC | Reedy Lagoon Corp. | 0.003 | 50% | 50% | 0% | 0% | $1,553,413 |
| DTM | Dart Mining NL | 0.003 | 50% | 0% | -57% | -82% | $3,594,167 |
| AYM | Australia United Min | 0.003 | 50% | 50% | -14% | 0% | $3,685,155 |
| LM1 | Leeuwin Metals Ltd | 0.165 | 43% | 27% | 32% | 126% | $16,633,053 |
| BMG | BMG Assets Ltd | 0.011 | 38% | 10% | -8% | 22% | $9,288,369 |
| LNRDB | Lanthanein Assets | 0.04 | 33% | 78% | -49% | -41% | $3,091,200 |
| LNRDB | Lanthanein Assets | 0.04 | 33% | 78% | -49% | -41% | $3,091,200 |
| VTM | Victory Metals Ltd | 1.435 | 30% | 69% | 293% | 316% | $153,069,301 |
| RAS | Ragusa Minerals Ltd | 0.023 | 28% | 53% | 77% | 44% | $3,563,976 |
| FRS | Forrestaniaresources | 0.185 | 28% | 108% | 2213% | 612% | $59,503,137 |
| LIN | Lindian Assets | 0.1275 | 28% | 34% | 28% | 21% | $147,927,780 |
| REE | Rarex Restricted | 0.022 | 26% | 16% | 120% | 57% | $22,003,608 |
| IPT | Influence Minerals | 0.01 | 25% | 25% | 6% | -24% | $41,133,300 |
| TMX | Terrain Minerals | 0.0025 | 25% | 0% | -44% | -38% | $6,329,536 |
| BCA | Black Canyon Restricted | 0.34 | 24% | 113% | 415% | 423% | $41,886,498 |
| ORN | Orion Minerals Ltd | 0.011 | 22% | -8% | -27% | -27% | $72,816,361 |
| SLZ | Sultan Assets Ltd | 0.006 | 20% | 0% | 0% | 0% | $1,566,501 |
| CUL | Cullen Assets | 0.006 | 20% | 20% | 0% | -25% | $4,160,411 |
| LML | Lincoln Minerals | 0.008 | 20% | 20% | 40% | 68% | $16,031,674 |
| KM1 | Kalimetalslimited | 0.155 | 19% | 78% | 41% | 15% | $12,427,118 |
| EMH | European Metals Hldg | 0.19 | 19% | 19% | 31% | -5% | $39,414,494 |
| VR8 | Vanadium Assets | 0.038 | 19% | 90% | 31% | -21% | $23,114,518 |
| PLL | Piedmont Lithium Inc | 0.13 | 18% | 33% | 0% | -10% | $65,170,700 |
| STM | Sunstone Metals Ltd | 0.02 | 18% | 33% | 186% | 186% | $123,469,029 |
| BMM | Bayanminingandmin | 0.07 | 17% | 100% | 56% | 35% | $7,862,789 |
| TEM | Tempest Minerals | 0.007 | 17% | 75% | 40% | -22% | $7,712,565 |
| ODE | Odessa Minerals Ltd | 0.007 | 17% | 17% | 17% | 133% | $11,196,728 |
| AR3 | Austrare | 0.115 | 15% | 121% | 50% | 64% | $24,423,025 |
| AZL | Arizona Lithium Ltd | 0.008 | 14% | 45% | -20% | -50% | $43,042,516 |
| SRL | Dawn | 1.2 | 14% | 7% | 433% | 196% | $138,851,156 |
| ILU | Iluka Assets | 5.86 | 14% | 55% | 28% | 8% | $2,487,743,287 |
| NVA | Nova Minerals Ltd | 0.34 | 13% | 8% | 6% | 162% | $130,487,961 |
| LMG | Latrobe Magnesium | 0.017 | 13% | 113% | 21% | -53% | $42,151,986 |
| KAI | Kairos Minerals Ltd | 0.026 | 13% | -10% | 63% | 136% | $71,034,629 |
| LYC | Lynas Uncommon Earths | 12.115 | 13% | 46% | 86% | 108% | $11,131,817,777 |
| PNT | Panthermetalsltd | 0.009 | 13% | -40% | 0% | -64% | $2,708,141 |
| KFM | Kingfisher Mining | 0.074 | 12% | 35% | 100% | 19% | $5,203,770 |
| SYA | Sayona Mining Ltd | 0.0235 | 12% | 38% | -6% | -13% | $265,495,808 |
| SBR | Sabre Assets | 0.01 | 11% | 11% | 11% | -29% | $3,944,619 |
| THR | Thor Vitality PLC | 0.01 | 11% | 0% | -9% | -29% | $7,329,898 |
| TAR | Taruga Minerals | 0.01 | 11% | 25% | 0% | 43% | $7,137,541 |
| TLM | Talisman Mining | 0.15 | 11% | -3% | -21% | -35% | $27,306,451 |
| DYM | Dynamicmetalslimited | 0.255 | 11% | -6% | -12% | 76% | $12,516,506 |
| TOR | Torque Met | 0.2825 | 11% | 82% | 322% | 169% | $147,441,601 |
| SUM | Summitminerals | 0.044 | 10% | 29% | -67% | -73% | $3,897,347 |
| ARN | Aldoro Assets | 0.34 | 10% | -3% | -7% | 347% | $72,938,649 |
| RON | Roninresourcesltd | 0.17 | 10% | 10% | -13% | 48% | $6,460,002 |
| AEE | Aura Vitality | 0.17 | 10% | 3% | 31% | 21% | $142,520,023 |
| TVN | Tivan Restricted | 0.115 | 10% | 31% | 5% | 117% | $228,835,239 |
| FTL | Firetail Assets | 0.092 | 10% | 21% | 44% | 28% | $35,722,630 |
| JLL | Jindalee Lithium Ltd | 0.475 | 9% | 38% | 126% | 76% | $37,938,652 |
| ETM | Vitality Transition | 0.048 | 9% | -8% | -35% | 140% | $68,261,982 |
| NST | Northern Star | 17.335 | 9% | -6% | -5% | 22% | $24,471,037,501 |
| ZNC | Zenith Minerals Ltd | 0.038 | 9% | 9% | -12% | -16% | $19,589,853 |
| ASL | Andean Silver | 1.405 | 8% | 31% | 16% | 115% | $257,061,888 |
| RXL | Rox Assets | 0.3175 | 8% | 8% | 38% | 135% | $235,261,290 |
| ALK | Alkane Assets Ltd | 0.8125 | 8% | 18% | 39% | 103% | $1,057,780,189 |
| WA1 | Wa1Resourcesltd | 17.71 | 8% | 9% | 7% | 39% | $1,175,891,347 |
| S2R | S2 Assets | 0.071 | 8% | 0% | 11% | -35% | $34,495,947 |
| E25 | Component 25 Ltd | 0.285 | 8% | 27% | 8% | 27% | $62,868,410 |
| PGD | Peregrine Gold | 0.285 | 8% | 84% | 104% | 39% | $24,181,606 |
| WIN | WIN Metals | 0.0235 | 7% | 24% | 21% | -6% | $12,651,343 |
| MIN | Mineral Assets. | 32.85 | 7% | 32% | -7% | -36% | $6,514,591,723 |
| SRI | Sipa Assets Ltd | 0.016 | 7% | -6% | 33% | -11% | $8,327,966 |
| GT1 | Greentechnology | 0.032 | 7% | 52% | -51% | -42% | $15,205,441 |
| QGL | Quantum Graphite | 0.495 | 6% | 6% | 0% | -13% | $170,769,366 |
| SLM | Solismineralsltd | 0.085 | 6% | 1% | 35% | -23% | $11,991,815 |
| MNB | Minbos Assets Ltd | 0.052 | 6% | 11% | 13% | -17% | $50,702,580 |
| PVW | PVW Res Ltd | 0.019 | 6% | 58% | 46% | -17% | $3,779,191 |
| KNI | Kunikolimited | 0.095 | 6% | 9% | -37% | -37% | $8,276,805 |
| BC8 | Black Cat Syndicate | 0.88 | 5% | 8% | 23% | 179% | $622,695,811 |
| BOA | BOA Assets Ltd | 0.02 | 5% | 0% | -9% | 11% | $2,467,057 |
| AVL | Aust Vanadium Ltd | 0.0105 | 5% | 17% | -19% | -34% | $86,346,581 |
| ABX | ABX Group Restricted | 0.042 | 5% | 8% | 5% | -14% | $10,830,905 |
| ICL | Iceni Gold | 0.063 | 5% | 3% | -17% | 103% | $21,627,987 |
| KZR | Kalamazoo Assets | 0.11 | 5% | 22% | 47% | 72% | $23,036,319 |
| DM1 | Desert Metals | 0.022 | 5% | 0% | -8% | -4% | $9,730,305 |
| WCN | White Cliff Min Ltd | 0.024 | 4% | 9% | 26% | 60% | $56,082,881 |
| GED | Golden Deeps | 0.026 | 4% | 18% | 13% | -13% | $4,605,268 |
| FRB | Firebird Metals | 0.13 | 4% | 69% | 40% | 18% | $18,506,982 |
| BNR | Bulletin Res Ltd | 0.054 | 4% | -2% | 35% | 17% | $15,855,119 |
| OD6 | Od6Metalsltd | 0.028 | 4% | 12% | -40% | -18% | $4,332,635 |
| QEM | QEM Restricted | 0.03 | 3% | -14% | -54% | -77% | $7,092,011 |
| IDA | Indiana Assets | 0.0385 | 3% | 11% | 28% | 89% | $23,174,111 |
| NH3 | Nh3Cleanenergyltd | 0.062 | 3% | 51% | 210% | 343% | $38,185,332 |
| ATM | Aneka Tambang | 1.14 | 3% | 1% | 27% | 11% | $1,486,160 |
| LTR | Liontown Assets | 0.845 | 3% | 12% | 23% | -5% | $2,052,847,208 |
| SRZ | Stellar Assets | 0.0175 | 3% | 9% | 17% | 9% | $35,355,760 |
| PSC | Prospect Res Ltd | 0.185 | 3% | 0% | 87% | 85% | $126,105,692 |
| ASM | Ausstratmaterials | 0.585 | 3% | 0% | 21% | 11% | $126,301,907 |
| ESR | Estrella Res Ltd | 0.04 | 3% | -15% | 25% | 900% | $82,250,275 |
| BUX | Buxton Assets Ltd | 0.043 | 2% | -9% | 13% | -37% | $14,431,448 |
| HRE | Heavy Uncommon Earths | 0.044 | 2% | -8% | 33% | 43% | $8,529,389 |
| VRX | VRX Silica Ltd | 0.088 | 2% | 0% | 132% | 193% | $64,268,083 |
| TLG | Talga Group Ltd | 0.46 | 2% | 8% | -10% | 12% | $209,436,480 |
| SFR | Sandfire Assets | 11.33 | 2% | 0% | 10% | 35% | $5,164,558,425 |
| PBL | Parabellumresources | 0.056 | 2% | 2% | 2% | 47% | $3,488,800 |
| MEK | Meeka Metals Restricted | 0.1425 | 2% | -2% | 36% | 239% | $408,198,724 |
| MLX | Metals X Restricted | 0.605 | 2% | 11% | 25% | 61% | $531,834,923 |
| PEK | Peak Uncommon Earths Ltd | 0.32 | 2% | 7% | 143% | 78% | $137,771,837 |
| PEK | Peak Uncommon Earths Ltd | 0.32 | 2% | 7% | 143% | 78% | $137,771,837 |
| WC8 | Wildcat Assets | 0.1675 | 2% | -4% | -34% | -27% | $227,216,634 |
| SVM | Sovereign Metals | 0.725 | 1% | 5% | -8% | 20% | $472,265,253 |
| CTM | Centaurus Metals Ltd | 0.425 | 1% | 21% | 8% | 39% | $208,614,509 |
| IGO | IGO Restricted | 4.65 | 0% | 9% | -7% | -7% | $3,551,586,043 |
| INF | Infinity Lithium | 0.016 | 0% | 0% | -41% | -70% | $7,561,473 |
| NWC | New World Assets | 0.067 | 0% | 5% | 294% | 253% | $239,809,459 |
| QXR | Qx Assets Restricted | 0.004 | 0% | 60% | 14% | -33% | $5,241,315 |
| RIL | Redivium Restricted | 0.004 | 0% | 0% | 0% | 60% | $13,609,422 |
| LPD | Lepidico Ltd | 0.002 | 0% | 0% | 0% | 0% | $17,178,371 |
| LKE | Lake Assets | 0.038 | 0% | 19% | -3% | 12% | $70,046,542 |
| DEV | Devex Assets Ltd | 0.08 | 0% | 7% | 1% | -64% | $34,010,182 |
| CLA | Celsius Useful resource Ltd | 0.0065 | 0% | -7% | -32% | -41% | $20,380,675 |
| MNS | Magnis Vitality Tech | 0.042 | 0% | 0% | 0% | 0% | $50,378,922 |
| EUR | European Lithium Ltd | 0.078 | 0% | 13% | 26% | 73% | $117,059,699 |
| ARL | Ardea Assets Ltd | 0.4 | 0% | 0% | 3% | -18% | $85,217,231 |
| VRC | Volt Assets Ltd | 0.004 | 0% | 0% | 33% | 0% | $18,739,398 |
| AXN | Alliance Nickel Ltd | 0.032 | 0% | -9% | -9% | -11% | $23,226,868 |
| ADV | Ardiden Ltd | 0.17 | 0% | 13% | 21% | 31% | $9,690,213 |
| AXE | Archer Supplies | 0.28 | 0% | 8% | -26% | 8% | $70,082,929 |
| PLS | Pilbara Min Ltd | 1.725 | 0% | 14% | -26% | -38% | $5,486,670,544 |
| HAS | Hastings Tech Met | 0.275 | 0% | 2% | -14% | -4% | $57,766,688 |
| FBM | Future Battery | 0.025 | 0% | -11% | 14% | 32% | $17,541,187 |
| ADD | Adavale Useful resource Ltd | 0.023 | 0% | -28% | -54% | -62% | $4,386,751 |
| CHR | Charger Metals | 0.05 | 0% | -6% | -14% | -11% | $3,871,013 |
| AUZ | Australian Mines Ltd | 0.008 | 0% | -20% | -27% | 0% | $12,832,591 |
| LEL | Lithenergy | 0.37 | 0% | 0% | 0% | 9% | $41,440,581 |
| RMX | Crimson Mount Min Ltd | 0.008 | 0% | -20% | 0% | -20% | $4,476,600 |
| 1MC | Morella Company | 0.015 | 0% | 0% | -38% | -55% | $5,894,864 |
| MRC | Mineral Commodities | 0.026 | 0% | 0% | 0% | 0% | $25,596,288 |
| MOH | Moho Assets | 0.005 | 0% | 25% | 25% | 11% | $2,981,656 |
| WKT | Walkabout Assets | 0.095 | 0% | 0% | 0% | -3% | $63,769,838 |
| TON | Triton Min Ltd | 0.007 | 0% | 27% | 0% | -30% | $10,978,721 |
| ARU | Arafura Uncommon Earths | 0.18 | 0% | -10% | 29% | 13% | $443,579,164 |
| CNJ | Conico Ltd | 0.007 | 0% | 0% | -13% | -30% | $1,905,020 |
| PVT | Pivotal Metals Ltd | 0.01 | 0% | 11% | 67% | -41% | $9,072,259 |
| MQR | Marquee Useful resource Ltd | 0.013 | 0% | 44% | 0% | 30% | $6,453,911 |
| MRR | Minrex Assets Ltd | 0.008 | 0% | 0% | 0% | -11% | $8,678,940 |
| EVR | Ev Assets Ltd | 0.009 | 0% | -10% | 200% | 145% | $20,047,530 |
| AM7 | Arcadia Minerals | 0.028 | 0% | 56% | 40% | -30% | $3,286,736 |
| AS2 | Askarimetalslimited | 0.011 | 0% | 83% | 10% | -58% | $4,445,878 |
| EMS | Jap Metals | 0.01 | 0% | 0% | -9% | -58% | $1,394,262 |
| FG1 | Flynngold | 0.028 | 0% | -7% | 17% | 17% | $10,956,861 |
| GSM | Golden State Mining | 0.008 | 0% | 0% | 0% | -20% | $2,234,965 |
| LSR | Lodestar Minerals | 0.017 | 0% | 70% | 55% | -15% | $6,778,305 |
| KOR | Korab Assets | 0.008 | 0% | 0% | 0% | 0% | $2,936,400 |
| CMX | Chemxmaterials | 0.026 | 0% | 0% | 0% | -35% | $33,545,803 |
| CMO | Cosmometalslimited | 0.019 | 0% | 12% | 42% | -33% | $6,120,577 |
| JMS | Jupiter Mines. | 0.22 | 0% | 7% | 42% | -4% | $441,234,396 |
| EMN | Euromanganese | 0.17 | 0% | -8% | -36% | -29% | $9,413,767 |
| CRR | Essential Assets | 0.005 | 0% | 67% | 0% | 0% | $13,850,427 |
| ENT | Enterprise Metals | 0.003 | 0% | 0% | 0% | 0% | $4,113,952 |
| ENV | Enova Mining Restricted | 0.007 | 0% | 0% | -13% | -22% | $10,203,200 |
| RBX | Useful resource B | 0.034 | 0% | 26% | 13% | -8% | $3,916,272 |
| AKN | Auking Mining Ltd | 0.006 | 0% | -14% | 50% | -57% | $4,128,698 |
| EMT | Emetals Restricted | 0.004 | 0% | 33% | 0% | 0% | $3,400,000 |
| AVW | Avira Assets Ltd | 0.007 | 0% | 0% | -65% | -65% | $1,610,000 |
| RGL | Riversgold | 0.003 | 0% | -25% | 0% | -40% | $5,892,994 |
| YAR | Yari Minerals Ltd | 0.01 | 0% | -17% | 150% | 233% | $6,894,638 |
| AZI | Altamin Restricted | 0.019 | 0% | 6% | -17% | -37% | $10,915,555 |
| CLZ | Basic Min Ltd | 0.001 | 0% | 0% | 0% | 0% | $3,017,699 |
| OCN | Oceanalithiumlimited | 0.07 | 0% | 11% | 159% | 103% | $12,285,984 |
| M2R | Miramar | 0.004 | 0% | 0% | 0% | -33% | $3,987,293 |
| AOA | Ausmon Resorces | 0.002 | 0% | 0% | 33% | -33% | $2,622,427 |
| DLI | Delta Lithium | 0.16 | 0% | 0% | -9% | -29% | $118,343,246 |
| L1M | Lightning Minerals | 0.039 | 0% | -3% | -53% | -24% | $4,634,275 |
| EV1 | Evolutionenergy | 0.012 | 0% | -20% | -25% | -59% | $4,351,806 |
| LLL | Leolithiumlimited | 0.332997 | 0% | 0% | 0% | 0% | $401,204,047 |
| WSR | Westar Assets | 0.006 | 0% | 20% | -33% | -25% | $2,392,349 |
| MEI | Meteoric Assets | 0.135 | 0% | 17% | 65% | 45% | $369,730,790 |
| REC | Rechargemetals | 0.013 | 0% | 0% | -32% | -50% | $3,340,870 |
| HAW | Hawthorn Assets | 0.053 | 0% | -5% | 26% | -12% | $17,755,827 |
| LCY | Legacy Iron Ore | 0.009 | 0% | 0% | 13% | -38% | $87,858,383 |
| AMD | Arrow Minerals | 0.02 | 0% | 0% | -44% | -50% | $17,555,332 |
| ARV | Artemis Assets | 0.005 | 0% | -17% | -38% | -38% | $14,328,361 |
| HLX | Helix Assets | 0.002 | 0% | 33% | -43% | -43% | $6,728,387 |
| LRV | Larvottoresources | 0.765 | -1% | 13% | 6% | 467% | $355,478,675 |
| ARR | American Uncommon Earths | 0.3175 | -1% | 32% | 9% | 32% | $182,096,947 |
| BHP | BHP Group Restricted | 39.895 | -1% | 3% | -1% | -3% | $202,532,090,177 |
| A8G | Australasian Metals | 0.071 | -1% | 6% | 4% | -16% | $4,110,170 |
| LOT | Lotus Assets Ltd | 0.1625 | -2% | -17% | -32% | -29% | $367,637,836 |
| PNN | Energy Minerals Ltd | 0.062 | -2% | 3% | -31% | -24% | $10,984,135 |
| GBR | Greatbould Assets | 0.058 | -2% | -5% | 5% | 21% | $54,251,049 |
| COB | Cobalt Blue Ltd | 0.052 | -2% | -9% | -9% | -26% | $23,131,620 |
| MLS | Metals Australia | 0.02 | -2% | 18% | -11% | 11% | $14,574,390 |
| BUR | Burleyminerals | 0.04 | -2% | -9% | -26% | -66% | $7,366,692 |
| S32 | South32 Restricted | 2.945 | -2% | -6% | -15% | 3% | $13,375,796,309 |
| FML | Focus Minerals Ltd | 0.375 | -3% | 7% | 88% | 213% | $108,892,285 |
| BSX | Blackstone Ltd | 0.068 | -3% | -13% | 113% | 125% | $118,278,699 |
| RIO | Rio Tinto Restricted | 112.41 | -3% | 3% | -6% | -5% | $41,928,871,371 |
| QPM | QPM Vitality Restricted | 0.032 | -3% | -3% | -48% | -6% | $98,367,053 |
| RIE | Riedel Assets Ltd | 0.031 | -3% | 19% | 11% | -61% | $2,735,311 |
| ITM | Itech Minerals Ltd | 0.03 | -3% | 3% | -40% | -57% | $5,125,062 |
| FLG | Flagship Min Ltd | 0.056 | -3% | -10% | 44% | -32% | $13,196,926 |
| GLN | Galan Lithium Ltd | 0.135 | -4% | 8% | 13% | 11% | $130,133,327 |
| MTC | Metalstech Ltd | 0.13 | -4% | 0% | 8% | -33% | $31,087,694 |
| PAT | Patriot Resourcesltd | 0.049 | -4% | -13% | 4% | 0% | $8,086,100 |
| NVX | Novonix Restricted | 0.46 | -4% | 12% | -21% | -26% | $286,775,115 |
| NIC | Nickel Industries | 0.7275 | -4% | 0% | -5% | -6% | $3,168,883,189 |
| INR | Ioneer Ltd | 0.11 | -4% | 11% | -35% | -12% | $292,795,343 |
| MAN | Mandrake Res Ltd | 0.022 | -4% | 22% | 0% | -29% | $14,426,978 |
| ASN | Anson Assets Ltd | 0.11 | -4% | 124% | 80% | 17% | $152,541,019 |
| DRE | Dreadnought Assets Ltd | 0.011 | -4% | 22% | 0% | -35% | $55,874,500 |
| NMT | Neometals Ltd | 0.064 | -4% | -19% | -20% | -5% | $48,540,967 |
| RNU | Renascor Res Ltd | 0.064 | -4% | 5% | 21% | -21% | $162,761,879 |
| CAE | Cannindah Assets | 0.021 | -5% | -16% | -54% | -62% | $14,561,599 |
| PGM | Platina Assets | 0.021 | -5% | 0% | 5% | -13% | $13,086,787 |
| GW1 | Greenwing Assets | 0.0295 | -5% | 13% | -26% | -16% | $9,175,797 |
| CHN | Chalice Mining Ltd | 1.5975 | -5% | -8% | 30% | 60% | $624,514,474 |
| GCM | Inexperienced Essential Min | 0.0285 | -5% | 36% | 43% | 1325% | $73,856,260 |
| PFE | Pantera Lithium | 0.019 | -5% | 58% | 6% | -23% | $9,001,890 |
| VHM | Vhmlimited | 0.185 | -5% | -5% | -39% | -54% | $46,910,441 |
| HAV | Havilah Assets | 0.185 | -5% | 3% | -10% | 3% | $63,790,193 |
| AGY | Argosy Minerals Ltd | 0.0275 | -5% | -19% | 2% | -28% | $43,005,786 |
| CY5 | Cygnus Metals Ltd | 0.091 | -5% | 2% | -24% | 65% | $96,756,858 |
| DVP | Develop World Ltd | 4.245 | -5% | -15% | 73% | 117% | $1,389,093,092 |
| IPX | Iperionx Restricted | 5.91 | -5% | 35% | 39% | 194% | $2,000,178,548 |
| A11 | Atlantic Lithium | 0.17 | -6% | 17% | -19% | -36% | $117,835,043 |
| RVT | Richmond Vanadium | 0.068 | -6% | -11% | -51% | -76% | $14,896,427 |
| EVG | Evion Group NL | 0.032 | -6% | 68% | 28% | 28% | $13,482,519 |
| A4N | Alpha Hpa Ltd | 0.875 | -6% | -3% | -4% | 9% | $994,923,355 |
| GAL | Galileo Mining Ltd | 0.15 | -6% | 20% | 11% | -12% | $29,643,739 |
| ZEU | Zeus Assets Ltd | 0.015 | -6% | 7% | 114% | 67% | $10,044,113 |
| PMT | Patriotbatterymetals | 0.44 | -6% | 52% | 29% | 0% | $242,101,926 |
| CNB | Carnaby Useful resource Ltd | 0.365 | -6% | -17% | 6% | -22% | $85,645,822 |
| OMH | OM Holdings Restricted | 0.29 | -6% | 2% | -15% | -31% | $229,877,040 |
| CXO | Core Lithium | 0.098 | -7% | -11% | 9% | 9% | $205,729,492 |
| AQD | Ausquest Restricted | 0.042 | -7% | -22% | -26% | 294% | $59,180,976 |
| SMX | Strata Minerals | 0.014 | -7% | 8% | -59% | -30% | $3,427,931 |
| VUL | Vulcan Vitality | 3.71 | -7% | 0% | -10% | 0% | $897,863,763 |
| PUR | Pursuit Minerals | 0.065 | -7% | 3% | -24% | -57% | $6,558,541 |
| LU7 | Lithium Universe Ltd | 0.0065 | -7% | -7% | -13% | -50% | $6,551,857 |
| TKM | Trek Metals Ltd | 0.075 | -7% | -25% | 178% | 97% | $45,692,378 |
| NTU | Northern Min Ltd | 0.031 | -7% | 0% | 72% | 7% | $275,786,142 |
| RAG | Ragnar Metals Ltd | 0.0185 | -8% | -12% | 3% | -3% | $8,768,741 |
| SFM | Santa Fe Minerals | 0.245 | -8% | 69% | 513% | 621% | $17,840,603 |
| FGR | First Graphene Ltd | 0.036 | -8% | 33% | -49% | -31% | $30,355,181 |
| IMI | Infinitymining | 0.012 | -8% | 20% | 20% | 9% | $4,230,158 |
| OM1 | Omnia Metals Group | 0.012 | -8% | 0% | -85% | -85% | $2,605,100 |
| WMG | Western Mines | 0.23 | -8% | -18% | 77% | 5% | $22,745,261 |
| MHC | Manhattan Corp Ltd | 0.023 | -8% | 5% | 5% | 15% | $10,255,675 |
| BM8 | Battery Age Minerals | 0.067 | -8% | 22% | -16% | -36% | $10,170,722 |
| KOB | Kobaresourceslimited | 0.033 | -8% | 0% | -54% | -70% | $6,556,162 |
| GRL | Godolphin Assets | 0.011 | -8% | 16% | -21% | -8% | $5,386,480 |
| KTA | Krakatoa Assets | 0.011 | -8% | 0% | 38% | 10% | $8,526,474 |
| EG1 | Evergreenlithium | 0.033 | -8% | 18% | -58% | -34% | $7,763,833 |
| WR1 | Winsome Assets | 0.16 | -9% | 10% | -65% | -68% | $40,254,794 |
| VMC | Venus Metals Cor Ltd | 0.105 | -9% | 0% | 44% | 81% | $20,593,512 |
| NC1 | Nicoresourceslimited | 0.105 | -9% | 14% | 25% | -9% | $12,962,310 |
| CWX | Carawine Assets | 0.083 | -9% | -14% | -17% | -8% | $19,598,412 |
| EFE | Jap Assets | 0.031 | -9% | -3% | 15% | -23% | $4,034,878 |
| LIT | Livium Ltd | 0.01 | -9% | 0% | -29% | -53% | $17,872,125 |
| ALY | Alchemy Useful resource Ltd | 0.005 | -9% | 0% | -17% | -29% | $5,890,381 |
| RR1 | Attain Assets Ltd | 0.01 | -9% | 25% | 43% | 11% | $9,618,745 |
| RR1 | Attain Assets Ltd | 0.01 | -9% | 25% | 43% | 11% | $9,618,745 |
| PTR | Petratherm Ltd | 0.345 | -9% | -3% | 15% | 1468% | $119,582,096 |
| LLM | Loyal Metals Ltd | 0.195 | -9% | -20% | 122% | 95% | $22,132,117 |
| EGR | Ecograf Restricted | 0.29 | -9% | 12% | 193% | 199% | $131,727,228 |
| GL1 | Globallith | 0.19 | -10% | 12% | -7% | -25% | $51,037,764 |
| MTM | Metallium Ltd | 0.735 | -10% | 19% | 234% | 2963% | $418,640,551 |
| BYH | Bryah Assets Ltd | 0.0045 | -10% | -25% | 13% | 13% | $4,114,130 |
| SCN | Scorpion Minerals | 0.018 | -10% | 0% | 20% | 0% | $9,957,068 |
| HMX | Hammer Metals Ltd | 0.027 | -10% | -29% | -16% | -31% | $23,081,726 |
| CDT | Fort Minerals | 0.06 | -10% | -24% | 0% | -43% | $6,728,555 |
| IXR | Ionic Uncommon Earths | 0.017 | -11% | -6% | 183% | 89% | $96,242,403 |
| HWK | Hawk Assets. | 0.017 | -11% | -11% | -29% | -36% | $4,605,801 |
| G88 | Golden Mile Res Ltd | 0.008 | -11% | -20% | 0% | -20% | $4,353,983 |
| AX8 | Speed up Assets | 0.008 | -11% | -11% | -20% | -20% | $6,537,510 |
| CTN | Catalina Assets | 0.004 | -11% | 0% | 42% | 71% | $9,704,076 |
| SRK | Strike Assets | 0.031 | -11% | -6% | -3% | -3% | $9,931,250 |
| LPM | Lithium Plus | 0.068 | -12% | 13% | 15% | -32% | $9,165,960 |
| SGQ | St George Min Ltd | 0.036 | -12% | -5% | 20% | -12% | $108,099,233 |
| BKT | Black Rock Mining | 0.028 | -13% | 8% | -7% | -49% | $41,242,589 |
| AAJ | Aruma Assets Ltd | 0.007 | -13% | -13% | -22% | -46% | $2,295,584 |
| KGD | Kula Gold Restricted | 0.007 | -13% | 0% | 40% | -18% | $6,448,776 |
| CRI | Critica Ltd | 0.014 | -13% | -7% | -18% | -18% | $40,472,732 |
| WC1 | Westcobarmetals | 0.019 | -14% | 12% | 19% | -40% | $3,959,210 |
| STK | Strickland Metals | 0.1375 | -14% | -8% | 88% | 42% | $316,730,372 |
| NWM | Norwest Minerals | 0.012 | -14% | 9% | 0% | -35% | $12,361,283 |
| ANX | Anax Metals Ltd | 0.006 | -14% | -14% | -40% | -68% | $6,179,653 |
| GTE | Nice Western Exp. | 0.012 | -14% | 20% | -56% | -64% | $6,813,095 |
| SER | Strategic Vitality | 0.006 | -14% | -8% | 0% | -57% | $4,203,200 |
| KNG | Kingsland Minerals | 0.11 | -15% | 41% | -19% | -35% | $7,981,700 |
| IG6 | Internationalgraphit | 0.06 | -15% | 25% | -2% | -20% | $11,613,500 |
| SVY | Stavely Minerals Ltd | 0.015 | -17% | 43% | -12% | -32% | $8,160,631 |
| EMC | Everest Metals Corp | 0.12 | -17% | -14% | -25% | 14% | $26,895,751 |
| GRE | Greentechmetals | 0.066 | -18% | 40% | -6% | -43% | $8,164,450 |
| M24 | Mamba Exploration | 0.013 | -19% | 0% | -21% | 30% | $3,837,153 |
| MRD | Mount Ridley Mines | 0.002 | -20% | -33% | -20% | -80% | $1,556,978 |
| VML | Very important Metals Restricted | 0.092 | -20% | 2% | -39% | -26% | $10,846,733 |
| FIN | FIN Assets Ltd | 0.004 | -20% | 0% | -20% | -43% | $2,779,554 |
| SYR | Syrah Assets | 0.2875 | -20% | 12% | 29% | 26% | $349,643,504 |
| SYR | Syrah Assets | 0.2875 | -20% | 12% | 29% | 26% | $349,643,504 |
| LEG | Legend Mining | 0.007 | -22% | -7% | -22% | -42% | $20,401,340 |
| OB1 | Orbminco Restricted | 0.001 | -33% | 0% | -40% | -60% | $3,402,568 |
| SRN | Surefire Rescs NL | 0.001 | -50% | -50% | -60% | -83% | $6,457,219 |
| MHK | Metalhawk. | 0.18 | -51% | -57% | -43% | 157% | $22,210,661 |
Weekly Small Cap Standouts
Lindian Resources (ASX:LIN)
A strategic partnership has strengthened the standing of the Kangankunde mission as one of many world’s most engaging and superior uncommon earth initiatives and represents a win-win for companions Lindian and Iluka Resources (ASX:ILU) in addition to for Malawi and Australia.
The partnership incorporates a binding mortgage time period sheet of US$20 million (~$32m) and full-form offtake settlement with Iluka and noticed Lindian attain 15c on July 6, a 59.6% enchancment on the earlier shut with greater than 38m shares altering fingers.
Iluka will present a cornerstone US$20m Development Time period Mortgage Facility over a five-year tenor whereas the 15-year strategic partnership will present Iluka with offtake of 90,000 tonnes (6,000tpa) of uncommon earth monazite focus from Lindian’s Kangankunde mission till a complete of 9,600dmt of contained neodymium and praseodymium has been delivered.
The focus will feed Iluka’s totally built-in Eneabba Uncommon Earths Refinery Facility in Western Australia, which is partly funded by the Australian authorities.
Iluka will even be granted a proper of first refusal (ROFR) for the part 2 Kangankunde manufacturing growth for as much as an additional 375,000 tonnes (25,000tpa for 15 years), topic to Iluka offering a 50% debt funding provide for the growth capital value and agreeing to Lindian’s revised business phrases (reminiscent of pricing mechanisms).
This offers a powerful basis for extra progress and aligns with establishing WA as a strategic hub for the downstream processing of third-party rare-earth feedstocks.
The binding strategic partnership with Iluka offers a reputable pathway ahead for the event of Kangankunde, while delivering long-term contracted income.
Kangankunde will produce a premium monazite focus over an extended preliminary Lifetime of Mine (LoM) of 45 years, primarily based on JORC ore reserves.
“It is a pivotal milestone for Lindian and is a serious step in the direction of accelerating the event of Lindian’s globally vital Kangankunde uncommon earths mission in Malawi,” Lindian government chairman Robert Martin stated.
“These agreements will present a multi-decade supply of feed for Iluka’s Eneabba refinery facility in Western Australia, backed by the Australian authorities. The ground worth safety, no monetary ratio covenants and offtake-linked phrases are fit-for-purpose for the corporate, guaranteeing the long-term pursuits of shareholders are enhanced.”
RareX (ASX:REE)
The corporate says re-assaying of 2020 infill drilling outcomes at its Cummins Vary mission in WA have returned vast, high-grade gallium intersections.
Notable outcomes reminiscent of 115m at 146g/t gallium elevate the vital mineral to being a “core worth stream” on the mission.
The position of gallium in Cummins Vary has risen shortly because the firm first discovered it unexpectedly in historic knowledge in April 2025.
Again then, the info confirmed values of as much as 6826g/t Ga2O3, elevating the chance that the mission might have yet one more helpful product along with uncommon earths, phosphate and scandium.
This led REE to kick off a program of re-assaying drill holes from its 2020 infill drill program with the first 15 holes yielding hits reminiscent of 99m at 106g/t gallium and 74m at 123g/t gallium.
The outcomes positioned Cummins Vary amongst the best grade gallium initiatives in Australia, including to its place as one of many nation’s most vital undeveloped REE deposits.
REE has now obtained an additional 970 gallium re-assays from 16 holes that continued this development of vast, high-grade gallium outcomes together with a prime hit of 115m at 146g/t Ga2O3, 3.4% complete uncommon earth oxides and 369g/t Sc2O3 from a down-hole depth of 22m.
Managing director James Durrant stated the outcomes confirmed Cummins Vary as one in all Australia’s most superior and highest-grade gallium deposits.
“The consistency of high-grade outcomes throughout a number of holes and lengthy intercepts removes any remaining doubt. Gallium is now a core worth stream,” he added.
“We’re advancing each typical and different processing pathways with Gega Components, SGS Lakefield and others to unlock the total worth of the contained metals — uncommon earths, gallium, scandium and phosphate.”
That is vastly vital as gallium is utilized in semiconductors, LEDs and photo voltaic tech, resulting in its place on the vital minerals lists for Europe, North America and Australia.
Black Canyon (ASX:BCA)
Australian manganese explorer and developer, Black Canyon says assay outcomes from the part 2 RC drilling program on the Wandanya mission in WA have confirmed shallow manganese mineralisation continues over a minimum of a 2km strike.
Notable outcomes embrace 6m at 35% manganese from floor together with 3m at 42.1% manganese from 3m.
“The stratabound manganese mineralisation found is each shallow and exceptionally constant in grade and thickness, which is exclusive to the area and well timed by way of delivering a possible future provide of high-grade manganese oxide from Australia,” managing director Brendan Cummins stated.
“I feel it’s honest to say that over the previous 50 years solely three vital manganese deposits have been found in Australia, being Groote Eylandt, Woodie Woodie and Bootu Creek, which have all been efficiently introduced into manufacturing.
“While it’s early days for Wandanya, the outcomes obtained from our preliminary drill applications present a lot confidence that we’ve found a big mineral system with lots of the attributes reminiscent of grade, scale, skinny overburden and the power to supply a high-quality manganese focus required for a possible mine growth.”
Additional assays from the remaining 47 drill holes focusing on high-grade iron and manganese are anticipated to be finalised by the top of August 2025.
Plus, part 3 RC drilling has been prolonged to additional delineate the manganese and iron discoveries alongside a complete strike of 3km and as much as 800m cross width to begin mid-August 2025.
At Stockhead, we inform it like it’s. Whereas RareX is a Stockhead advertiser, it didn’t sponsor this text.
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