Latest news with #CATL
Yahoo
21 hours ago
- Automotive
- Yahoo
CATL Expands Globally After $5.2 Billion IPO, Targeting Europe With Battery-Swapping Push
Contemporary Amperex Technology Co. Ltd., the world's largest electric vehicle battery maker, is accelerating its global push following a $5.2 billion public listing in Hong Kongthe largest IPO of 2025 so far. CATL commands about 38% of the EV battery market and supplies major global automakers including Tesla (TSLA, Financials), Volkswagen (VWAGY, Financials), BMW (BMWYY, Financials), and Stellantis (STLA, Financials). The company plans to deploy 90% of its IPO proceeds to support expansion, including its 7.6 billion ($8.2 billion) battery plant in Hungary, which is expected to begin production later this year. CATL already operates a facility in Germany and recently announced a new plant in Spain through a joint venture with Stellantis. It's also part of an integrated EV battery project in Indonesia, expected to start production in 2026. As domestic margins face pressure from overcapacity and price warsespecially with rival BYDCATL is shifting more focus to Europe, where the regulatory and market landscape is seen as more favorable. The company is also planning to introduce battery-swapping and recycling technology in the region, a system popular in China but still nascent in Europe. Analysts say CATL's capital strength and partnerships give it a strong chance to establish a foothold in this emerging infrastructure segment. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
21 hours ago
- Automotive
- Business Times
Hong Kong's sixfold jump in share sales drives boom year in Asia
[HONG KONG] Hong Kong's having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012. Proceeds from listings and additional share sales in the Asian financial hub in the first half have reached about US$33 billion, poised for a sixfold jump from a year ago, according to data compiled by Bloomberg. Offerings from electric carmakers BYD and Xiaomi raised the most, followed by Contemporary Amperex Technology Co (CATL), which had the world's biggest new listing this year. Investors have brushed aside tariffs and geopolitical concerns as deals flooded in Hong Kong – including three of the four biggest stock offerings in the world in 2025. Equity strategists remain upbeat about local stocks after the Hang Seng became one of the world's best-performing indexes this year. And with the throng of companies lining up with billion-dollar offerings, it's shaping up to be a good year for investment bankers in the city. 'We're seeing a lot more comfort from global investors around the global and regional macro picture, which is leading them to reassess and increase their exposure to the region including to Hong Kong and mainland China,' said Sunil Dhupelia, co-head of Asia Pacific ECM at JPMorgan Chase. 'Assuming that markets remain stable, it's likely to be very busy in the second half of the year.' Chinese companies that already have shares trading in Shenzhen or Shanghai have been flocking to Hong Kong for additional listings. Those so-called A-H deals accounted for about three-quarters of Hong Kong's total proceeds of US$13.4 billion from first-time share sales in 2025, according to data compiled by Bloomberg. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The biggest one was the US$5.2 billion offering by battery-giant CATL, which forged ahead with its Hong Kong listing in May despite being caught up in US-China tensions. The high-profile deal's success shows industry leaders are still able to find global buyers even in an unfavorable environment. Hong Kong listing proceeds are poised to double to a four-year high of more than US$22 billion, according to Bloomberg Intelligence. Big deals to look forward to later this year include those of electric carmaker Seres Group, heavy-machinery maker Sany Heavy Industry and pig breeder Muyuan Foods. Hong Kong Exchanges & Clearing, which is celebrating its 25th anniversary, is so fired up about the surge in business that it's parading the iconic gong used to introduce new listings in an unprecedented two-week public tour via a 'gongmobile'. Hong Kong is leading share sales overall in all of Asia-Pacific, where first-half proceeds have climbed almost 30 per cent to about US$100 billion in 2025, according to data compiled by Bloomberg. In India, which led the region in share sales last year, total proceeds stand at about US$20 billion, on track for a drop of more than 20 per cent in the first half, after a stock-market rout led to a slow start. Despite underperforming regional peers, the benchmark Nifty 50 Index has rallied as of late and is on track to post its best quarterly gain in more than a year. That optimism is spilling over to deals, with HDB Financial Services' US$1.5 billion initial public offering (IPO), and Tata Capital's soon-to-come US$2 billion IPO. Elsewhere, the US$4 billion chunk of Japan Post Bank Co sold by its parent and JX Advanced Metals' IPO helped share sale proceeds in Japan rise to US$13.7 billion, on course for a 30 per cent increase, though the pace of deals slowed during the second quarter, according to data compiled by Bloomberg. In South Korea, the recent presidential election ended of months of leadership vacuum, revitalising the Kospi and making it one of the region's best-performing indexes. That's encouraging more companies to pursue listings, such as Baby Shark-creator Pinkfong, the company behind the most watched YouTube video of all time. While geopolitical tensions are bound to continue to complicate decisions for corporate issuers and investors for months to come, Asia is on track to cap a great year of deals. 'We don't expect issuance activity to be slowing,' said Rob Chan, head of Asia ECM syndicate at Citigroup. 'In fact, despite all the uncertainties driven by tariffs and geopolitical tensions in recent months, issuance activity has been very strong.' Going forward, expect to see deals in Hong Kong from companies that mainly rely on Chinese domestic consumption because they are best shielded from tariff effects and geopolitics, according to Christine Xu, the partner in charge of Chinese ECM transactions at the Linklaters law firm. 'Enough water has gone under the bridge around the tariffs, and the market has taken that in its stride,' said JPMorgan's Dhupelia. 'Looking at the rest of the year, the ongoing complex global geopolitical situation is the clear risk that could change the direction of markets.' BLOOMBERG
Yahoo
21 hours ago
- Automotive
- Yahoo
CATL Expands Globally After $5.2 Billion IPO, Targeting Europe With Battery-Swapping Push
Contemporary Amperex Technology Co. Ltd., the world's largest electric vehicle battery maker, is accelerating its global push following a $5.2 billion public listing in Hong Kongthe largest IPO of 2025 so far. CATL commands about 38% of the EV battery market and supplies major global automakers including Tesla (TSLA, Financials), Volkswagen (VWAGY, Financials), BMW (BMWYY, Financials), and Stellantis (STLA, Financials). The company plans to deploy 90% of its IPO proceeds to support expansion, including its 7.6 billion ($8.2 billion) battery plant in Hungary, which is expected to begin production later this year. CATL already operates a facility in Germany and recently announced a new plant in Spain through a joint venture with Stellantis. It's also part of an integrated EV battery project in Indonesia, expected to start production in 2026. As domestic margins face pressure from overcapacity and price warsespecially with rival BYDCATL is shifting more focus to Europe, where the regulatory and market landscape is seen as more favorable. The company is also planning to introduce battery-swapping and recycling technology in the region, a system popular in China but still nascent in Europe. Analysts say CATL's capital strength and partnerships give it a strong chance to establish a foothold in this emerging infrastructure segment. This article first appeared on GuruFocus.
CNBC
a day ago
- Automotive
- CNBC
Chinese battery giant and Tesla supplier CATL is expanding globally: Here's why it matters
The world's largest electric vehicle (EV) is going all-in on international expansion and could shake up the EV market in the process with its battery-swapping tech rollout. China's Contemporary Amperex Technology Co. Ltd. (CATL) is a key player in the global transition to more sustainable transport, with a market share in the EV sector of roughly 38%. CATL's clients include global players like Tesla, Volkswagen and BMW, with the firm boasting technology far superior to that of Western competitors. Despite its outsized impact on the EV industry, the company had mostly flown under the radar until May this year, when it launched the world's largest initial public offering (IPO) of 2025 to date in Hong Kong. The IPO raised 41 billion Hong Kong dollars ($5.2 billion), after CATL stocks surged and an over-allotment option was fully exercised. Here is what CATL has in the works following its IPO. Ahead of its public offering, CATL said 90% of the funds raised by going public would be put toward its expansion into Europe, particularly its under-construction factory in Hungary. The company's 7.6-billion-euro ($8.2 billion) investment into the Debrecen battery plant was first announced in August 2022 and is expected to begin production this year. The battery maker has already established a wholly owned manufacturing base in Germany, which first opened in 2023. It has also announced plans to build a battery plant in Spain through a joint venture with Stellantis. CATL's global investments follow a trend of more Chinese EV companies, including auto giant BYD, shifting to Europe amid aggressive competition and price wars in the domestic market. Speaking at the World Economic Forum in Tianjin, China, on Thursday, Ni Jun, CATL's chief manufacturing officer, said the brutal discount war would not end without intervention from Beijing. He added that, if a big player continues to cut prices, it could lead to other competitors being driven out of the market and create a monopoly. While CATL's Jun did not name any companies, CATL's main competitor BYD announced price cuts in late May. Tight margins and overcapacity in China have been a driving force in CATL's Europe push, said Tu Le, founder and managing director of Sino Auto Insights, adding that the company is already supplying "virtually every" EV maker in China, limiting domestic growth opportunities. But not everything in Europe has been easy. The bloc placed punitive tariffs on made-in-China EVs last year, following an even more severe crackdown in the U.S. Le said that the Hungary facility is another major step toward the company's localization plans and that it will lead to lower labor costs and a geopolitically friendlier environment when compared to Germany. CATL is also involved in an integrated electric vehicle battery project in Indonesia. According to local media reports, government officials expect production to begin in March 2026, which could give CATL a presence in the growing EV market of Southeast Asia. CATL said in a recent interview with The Financial Times that it also plans to roll out its battery-swapping and recycling technology to Europe, in a move that could have significant ramifications for the regional market. CNBC has contacted CATL for further details. Modern battery-swapping technology, while popular in China, is yet to take off in Europe. Chinese EV maker and battery-swapping pioneer Nio is one exception. The company has introduced 60 battery swap stations across Germany, the Netherlands, Norway, Sweden and Denmark. Jeep and Dodge maker Stellantis, meanwhile, recently partnered with U.S.-based Ample to integrate battery swapping technology to a fleet of 100 Fiat 500 EVs in Madrid, Spain. The experience of using a battery swap station is thought to be very similar to using an automated car wash. The EV driver parks the car on a platform with an integrated system, which removes the depleted battery from beneath the vehicle and replaces it with a fresh, fully charged one. The whole process takes about five minutes. Advocates of battery charging through a swapping station say the technology solves a number of issues, particularly relating to fast charging and long-term performance — two major sticking points for the widespread adoption of EVs. Analysts say another key benefit to swapping is that it allows car manufacturers to maintain ownership of the battery, which lowers the initial price of the vehicle and creates a regular revenue stream for the OEMs. Some drawbacks, however, include high initial infrastructure costs and a lack of standardization across car manufacturers. Connor Watts, battery raw materials analyst at consultancy Fastmarkets, said CATL, which has a number of partnerships with Chinese OEMs, is well positioned to implement the necessary level of product standardization across its customer base. "And particularly following its recent influx of cash from its Hong-Kong listing, it has the necessary capital to develop infrastructure within the European market," Watts told CNBC by email. "Of companies that could succeed in developing the European battery swapping industry, none are better placed than CATL considering its market position," he added. Julia Poliscanova, senior director for vehicles and e-mobility supply chains at the campaign group Transport & Environment, said major carmakers would have to agree to a standardized cell design for battery-swapping technology to work at scale in Europe. "Battery swapping is a good addition to the charging space, and in some parts of the market it makes sense … but it is not a silver bullet to solve our problems," Poliscanova told CNBC by phone. "We will still need batteries and we will still need materials for them, whether they are swapped or whether they are in the car permanently," she added.
News.com.au
2 days ago
- Business
- News.com.au
High Voltage: China could knock Australia off top of lithium charts
Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. Fastmarkets reckons China could overtake Australia as the top lithium miner as soon as next year. By next year, Chinese miners are expected to extract 8000 to 10,000t more than Australian rivals on an LCE basis, Fastmarkets forecasts. Australia has been the world's largest lithium miner since 2017. But a drop in prices has seen Aussie miners slow expansion plans and China has taken advantage via its low grade lepidolite mines. CATL did briefly pause lepidolite production at a key mine last year – Jianxiawo – but resumed output in February. Lepidolite lithium mining is more expensive and environmentally unfriendly compared to brines, but despite a market lull, China hasn't cut production, weathering low prices in the heavily integrated supply chain. Instead, miners have been subject to government pressure to keep operations open (and jobs alive) so the country can maintain its market share as demand for the metal rises, Fastmarkets head of battery raw materials research, Paul Lusty told Reuters. There's plenty of strong demand drivers (particularly for EVs and battery storage systems) however the market remains in oversupply. Argonaut expects spot spodumene prices to peak at US$1500/t in late 2026, which is likely to trigger a restart of existing capacity. 'A return to a balanced market is then forecast for 2027 before the widening deficit pushes prices higher in the long-term," head of research Hayden Bairstow said. Fastmarkets says by 2025 Chinese miners are likely to extract 900,000t LCE, compared to Australia's 680,000t, Chile's 435,000t and Argentina's 380,000t. Battery Metals Winners and Losers Here's how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese and vanadium is performing >>> Code Company Price % Week % Month % Six Month % Year Market Cap VML Vital Metals Limited 0.003 50% 50% 0% 0% $5,895,067 LML Lincoln Minerals 0.006 50% 9% 0% -8% $10,512,849 RLC Reedy Lagoon Corp. 0.002 33% 33% 0% -33% $1,553,413 MOH Moho Resources 0.004 33% -20% 0% 0% $2,981,656 EVR Ev Resources Ltd 0.008 33% 60% 300% 45% $13,900,857 CTN Catalina Resources 0.004 33% 100% 42% 42% $9,704,076 M2R Miramar 0.004 33% 0% -20% -53% $3,488,881 SRN Surefire Rescs NL 0.002 33% -20% -20% -70% $4,972,891 ZNC Zenith Minerals Ltd 0.039 30% -11% -9% -28% $14,824,754 GSM Golden State Mining 0.009 29% 13% 0% -10% $2,234,965 EVG Evion Group NL 0.018 20% 13% -28% 13% $8,263,479 ENT Enterprise Metals 0.003 20% 50% -25% -25% $3,543,952 RBX Resource B 0.03 20% 7% -17% -12% $3,455,535 TOR Torque Met 0.15 20% 25% 188% 7% $76,353,686 TKM Trek Metals Ltd 0.09 17% 58% 246% 173% $50,458,166 LEG Legend Mining 0.007 17% -13% -30% -36% $20,380,340 PBL Parabellumresources 0.052 16% 27% -4% 30% $3,239,600 GL1 Globallith 0.16 14% -6% -11% -41% $37,951,158 TEM Tempest Minerals 0.004 14% 0% 0% -50% $4,407,180 RR1 Reach Resources Ltd 0.008 14% -20% 14% -56% $6,995,451 AVW Avira Resources Ltd 0.008 14% 14% -60% -60% $1,840,000 RR1 Reach Resources Ltd 0.008 14% -20% 14% -56% $6,995,451 NWC New World Resources 0.059 13% 26% 247% 90% $203,677,058 BUR Burleyminerals 0.052 13% 4% -24% -63% $9,420,700 ATM Aneka Tambang 1.11 12% 23% 18% 4% $1,447,050 AUZ Australian Mines Ltd 0.01 11% 11% 0% 25% $15,383,633 MQR Marquee Resource Ltd 0.01 11% 11% -29% -9% $5,583,025 GRL Godolphin Resources 0.01 11% 0% -29% -47% $4,488,733 FLG Flagship Min Ltd 0.054 10% -23% 6% -66% $11,854,866 NH3 Nh3Cleanenergyltd 0.033 10% 43% 83% 175% $18,631,958 SUM Summitminerals 0.034 10% -8% -73% -93% $3,188,739 AXN Alliance Nickel Ltd 0.035 9% 6% -17% -13% $25,404,387 BCA Black Canyon Limited 0.105 9% 75% 59% 24% $13,613,323 VTM Victory Metals Ltd 0.895 9% 4% 124% 171% $98,187,944 IDA Indiana Resources 0.084 9% 5% 38% 95% $53,989,526 CHN Chalice Mining Ltd 1.67 8% 36% 53% 19% $620,497,727 YAR Yari Minerals Ltd 0.014 8% 133% 367% 367% $7,765,961 WC8 Wildcat Resources 0.145 7% -9% -38% -55% $181,516,739 WCN White Cliff Min Ltd 0.0225 7% -17% 32% 50% $57,921,268 INF Infinity Lithium 0.016 7% -20% -41% -69% $7,088,881 CMO Cosmometalslimited 0.017 6% -6% -2% -58% $5,798,441 WA1 Wa1Resourcesltd 15.48 6% 17% 22% -8% $986,618,856 LTR Liontown Resources 0.71 6% 12% 29% -21% $1,651,995,386 SRL Sunrise 0.9 5% 117% 319% 150% $98,102,473 RAG Ragnar Metals Ltd 0.021 5% 17% 11% 17% $9,005,734 GRE Greentechmetals 0.042 5% -14% -40% -68% $4,762,596 KFM Kingfisher Mining 0.048 4% 4% 20% -21% $2,578,320 PUR Pursuit Minerals 0.039 4% -3% -61% -74% $3,789,891 VUL Vulcan Energy 3.73 4% -13% -31% -3% $787,222,361 PLS Pilbara Min Ltd 1.35 4% -2% -38% -57% $4,006,322,857 STK Strickland Metals 0.14 4% 17% 75% 33% $316,730,372 A11 Atlantic Lithium 0.16 3% 14% -46% -56% $107,437,834 GLN Galan Lithium Ltd 0.098 3% -2% -22% -41% $90,049,970 CWX Carawine Resources 0.098 3% 2% -2% 4% $23,140,294 SGQ St George Min Ltd 0.033 3% 22% 32% 32% $82,857,495 BMM Bayanminingandmin 0.035 3% 25% -29% -33% $3,603,439 FRS Forrestaniaresources 0.075 3% -10% 477% 114% $22,978,660 FRB Firebird Metals 0.08 3% 0% -27% -52% $11,104,189 AQD Ausquest Limited 0.056 2% 10% 600% 426% $76,551,945 NIC Nickel Industries 0.7275 1% 8% -12% -11% $3,059,654,792 IPX Iperionx Limited 4.595 0% 29% -10% 135% $1,452,182,596 RIL Redivium Limited 0.004 0% 0% 0% 33% $13,609,422 LPD Lepidico Ltd 0.002 0% 0% 0% -33% $17,178,371 MRD Mount Ridley Mines 0.002 0% 0% -33% -80% $1,556,978 CLA Celsius Resource Ltd 0.007 0% 0% -36% -46% $18,812,931 MNS Magnis Energy Tech 0.042 0% 0% 0% 0% $50,378,922 QEM QEM Limited 0.038 0% -30% -22% -69% $8,746,813 SBR Sabre Resources 0.008 0% -11% -20% -56% $3,155,695 VRC Volt Resources Ltd 0.004 0% -20% 33% -20% $18,739,112 NMT Neometals Ltd 0.073 0% -16% 3% -18% $53,090,331 PNN Power Minerals Ltd 0.058 0% -9% -39% -57% $7,514,401 SRI Sipa Resources Ltd 0.015 0% 25% -17% 15% $5,829,577 BUX Buxton Resources Ltd 0.038 0% -19% -5% -43% $13,006,734 LIT Livium Ltd 0.009 0% -10% -49% -55% $15,214,564 ARN Aldoro Resources 0.31 0% -7% 3% 319% $56,785,536 JRV Jervois Global Ltd 0.011 0% 0% 0% -39% $29,730,402 SYR Syrah Resources 0.26 0% -17% 44% -24% $260,561,204 ALY Alchemy Resource Ltd 0.005 0% -17% -29% -17% $7,068,458 LEL Lithenergy 0.37 0% 0% 0% -4% $41,440,581 MRC Mineral Commodities 0.026 0% 0% 0% 24% $25,596,288 PEK Peak Rare Earths Ltd 0.28 0% 4% 197% 73% $100,353,234 WKT Walkabout Resources 0.095 0% 0% 0% -14% $63,769,838 TON Triton Min Ltd 0.005 0% -17% -44% -58% $7,057,749 CNJ Conico Ltd 0.007 0% 0% -30% -30% $1,905,020 BOA BOA Resources Ltd 0.02 0% 18% 0% -20% $2,467,057 SLZ Sultan Resources Ltd 0.005 0% -17% -29% -38% $1,157,350 SMX Strata Minerals 0.012 0% -8% -48% -48% $2,938,226 MLS Metals Australia 0.018 0% -10% -18% -10% $13,116,951 EFE Eastern Resources 0.029 0% 7% 4% -42% $3,656,608 AX8 Accelerate Resources 0.007 0% -13% 8% -82% $4,903,132 AM7 Arcadia Minerals 0.016 0% -16% -16% -61% $1,878,135 BYH Bryah Resources Ltd 0.012 0% 200% 300% 71% $10,439,442 DTM Dart Mining NL 0.003 0% 0% -67% -84% $3,594,167 EMS Eastern Metals 0.01 0% 0% -33% -68% $1,394,262 LSR Lodestar Minerals 0.006 0% -14% -60% -80% $1,910,543 TMB Tambourahmetals 0.022 0% -8% -4% -56% $3,088,891 OB1 Orbminco Limited 0.001 0% 0% -40% -52% $3,197,568 KZR Kalamazoo Resources 0.088 0% 4% 7% 4% $19,306,629 KOR Korab Resources 0.008 0% 0% 0% 14% $2,936,400 CMX Chemxmaterials 0.026 0% 0% 0% -47% $3,354,580 KGD Kula Gold Limited 0.007 0% 0% 24% -26% $6,448,776 ENV Enova Mining Limited 0.007 0% -13% 40% -42% $11,660,801 EMT Emetals Limited 0.003 0% 0% -25% -25% $2,550,000 PGD Peregrine Gold 0.16 0% 14% 45% -30% $13,575,639 RAS Ragusa Minerals Ltd 0.014 0% -7% 40% -18% $1,996,383 RGL Riversgold 0.004 0% 0% 33% -33% $6,734,850 IG6 Internationalgraphit 0.051 0% -2% 13% -14% $9,871,475 ODE Odessa Minerals Ltd 0.006 0% 20% 0% 50% $9,597,195 CLZ Classic Min Ltd 0.001 0% 0% 0% -50% $3,017,699 OD6 Od6Metalsltd 0.026 0% -4% -38% -43% $4,172,167 PEK Peak Rare Earths Ltd 0.28 0% 4% 197% 73% $100,353,234 KTA Krakatoa Resources 0.011 0% 0% 22% -8% $7,441,608 M24 Mamba Exploration 0.014 0% 0% 17% -13% $4,132,319 LLM Loyal Metals Ltd 0.13 0% 30% 30% -30% $13,095,298 LLL Leolithiumlimited 0.332997 0% 0% 0% 0% $401,204,047 SYR Syrah Resources 0.26 0% -17% 44% -24% $260,561,204 WSR Westar Resources 0.005 0% 11% -29% -44% $1,993,624 DYM Dynamicmetalslimited 0.255 0% -9% -9% 65% $12,516,506 TMX Terrain Minerals 0.002 0% -33% -33% -33% $5,063,629 FIN FIN Resources Ltd 0.004 0% -33% -20% -56% $2,779,554 HAW Hawthorn Resources 0.055 0% 10% 34% -11% $18,425,859 LCY Legacy Iron Ore 0.009 0% 0% 0% -28% $82,977,362 IGO IGO Limited 4.08 -1% -3% -15% -29% $2,983,635,183 CXO Core Lithium 0.09 -1% -2% 10% 5% $186,442,352 ARU Arafura Rare Earths 0.1675 -1% -1% 46% -7% $406,614,234 S2R S2 Resources 0.067 -1% -26% 3% -28% $32,537,794 A8G Australasian Metals 0.066 -1% -13% -15% -18% $3,820,722 INR Ioneer Ltd 0.0985 -2% -21% -36% -32% $252,992,734 RXL Rox Resources 0.285 -2% -7% 50% 138% $201,507,675 BM8 Battery Age Minerals 0.054 -2% 2% -46% -58% $6,460,267 DVP Develop Global Ltd 4.735 -2% 29% 115% 112% $1,309,294,241 PMT Patriotbatterymetals 0.245 -2% 2% -41% -56% $124,040,596 BHP BHP Group Limited 36.11 -2% -6% -9% -17% $183,294,079,606 ETM Energy Transition 0.045 -2% -8% 45% 114% $72,916,208 NC1 Nicoresourceslimited 0.088 -2% 21% -3% -30% $10,863,651 E25 Element 25 Ltd 0.22 -2% 5% -15% -2% $48,008,604 CHR Charger Metals 0.042 -2% -2% -34% -37% $3,174,230 JLL Jindalee Lithium Ltd 0.415 -2% -17% 77% 33% $30,677,184 PGM Platina Resources 0.0195 -3% -7% 8% -15% $12,463,607 JMS Jupiter Mines. 0.195 -3% 3% 39% -39% $382,403,143 HRE Heavy Rare Earths 0.036 -3% -5% 20% 14% $7,489,220 FG1 Flynngold 0.032 -3% 39% 19% 33% $12,522,127 SRZ Stellar Resources 0.0155 -3% -3% 3% -18% $31,196,259 LRV Larvottoresources 0.6 -3% -10% 28% 500% $235,018,106 EG1 Evergreenlithium 0.03 -3% -12% -53% -51% $6,806,927 PLL Piedmont Lithium Inc 0.088 -3% -9% -35% -37% $49,425,420 ADV Ardiden Ltd 0.145 -3% 0% 4% 16% $9,065,038 WMG Western Mines 0.145 -3% -31% -3% -61% $12,582,485 S32 South32 Limited 2.88 -3% -5% -16% -23% $12,800,639,958 PTR Petratherm Ltd 0.275 -4% -5% -8% 1428% $91,587,914 ILU Iluka Resources 3.635 -4% -7% -28% -45% $1,499,520,565 LOT Lotus Resources Ltd 0.1975 -4% 7% 7% -41% $450,272,832 AR3 Austrare 0.052 -4% -7% -44% -27% $11,023,343 FGR First Graphene Ltd 0.025 -4% -19% -7% -55% $18,720,339 LM1 Leeuwin Metals Ltd 0.125 -4% -11% 4% 178% $12,600,798 KM1 Kalimetalslimited 0.075 -4% -17% -29% -72% $6,213,559 LYC Lynas Rare Earths 9.175 -4% 13% 42% 51% $8,484,503,129 CTM Centaurus Metals Ltd 0.345 -4% -10% -4% -24% $173,845,425 GED Golden Deeps 0.021 -5% 17% -16% -40% $3,542,514 KAI Kairos Minerals Ltd 0.0305 -5% 9% 154% 205% $76,296,453 REE Rarex Limited 0.02 -5% 11% 150% 43% $18,403,280 DM1 Desert Metals 0.02 -5% 0% -13% 0% $9,288,018 ARL Ardea Resources Ltd 0.38 -5% -8% 23% -22% $76,800,714 AAJ Aruma Resources Ltd 0.0095 -5% -5% -14% -21% $2,951,465 EMN Euromanganese 0.19 -5% 0% 12% -42% $12,048,824 NVX Novonix Limited 0.38 -5% -22% -40% -49% $235,368,974 KNG Kingsland Minerals 0.076 -5% -28% -48% -62% $5,514,629 COB Cobalt Blue Ltd 0.056 -5% 0% -17% -24% $24,021,298 LKE Lake Resources 0.0275 -5% -14% -31% -35% $46,881,895 EGR Ecograf Limited 0.275 -5% -24% 206% 150% $133,968,887 OMH OM Holdings Limited 0.275 -5% -17% -23% -39% $218,383,188 MAN Mandrake Res Ltd 0.018 -5% 0% -18% -40% $11,290,679 QPM QPM Energy Limited 0.036 -5% -5% -29% 6% $90,910,441 SCN Scorpion Minerals 0.018 -5% 0% 38% 20% $9,957,068 WIN WIN Metals 0.018 -5% -5% 6% -25% $9,901,051 GT1 Greentechnology 0.018 -5% -28% -71% -77% $8,553,061 DEV Devex Resources Ltd 0.071 -5% -13% -24% -75% $32,243,419 BSX Blackstone Ltd 0.087 -5% 34% 200% 98% $63,138,355 WR1 Winsome Resources 0.13 -5% -13% -69% -82% $31,706,149 HAS Hastings Tech Met 0.255 -6% -19% -19% -7% $48,160,864 MRR Minrex Resources Ltd 0.0085 -6% -23% 6% -6% $9,221,374 EMH European Metals Hldg 0.165 -6% -25% -6% -34% $33,191,153 KOB Kobaresourceslimited 0.033 -6% -12% -56% -78% $5,782,533 ESR Estrella Res Ltd 0.049 -6% 32% 133% 1125% $98,493,929 PSC Prospect Res Ltd 0.16 -6% 14% 74% 0% $112,093,948 ASL Andean Silver 0.995 -6% 5% 24% 14% $152,422,805 FTL Firetail Resources 0.076 -6% 27% -5% 0% $29,262,154 EUR European Lithium Ltd 0.06 -6% 15% 76% 20% $70,813,892 NTU Northern Min Ltd 0.03 -6% 11% 50% -6% $259,071,830 CRI Criticaltd 0.015 -6% 7% 15% -29% $43,159,178 MEI Meteoric Resources 0.1125 -6% 7% 31% -30% $257,054,906 ASN Anson Resources Ltd 0.044 -6% -17% -21% -56% $61,016,408 MIN Mineral Resources. 21.14 -6% -11% -38% -62% $3,965,745,429 BNR Bulletin Res Ltd 0.058 -6% -15% 49% 26% $17,616,799 ITM Itech Minerals Ltd 0.029 -6% -15% -43% -44% $5,125,062 MLX Metals X Limited 0.5425 -6% 2% 36% 34% $474,219,473 AGY Argosy Minerals Ltd 0.014 -7% -22% -50% -81% $21,838,814 SYA Sayona Mining Ltd 0.014 -7% -13% -46% -60% $161,606,144 EMC Everest Metals Corp 0.14 -7% -7% 4% 17% $31,378,376 1AE Auroraenergymetals 0.055 -7% -28% 25% -14% $9,311,314 ABX ABX Group Limited 0.038 -7% -10% 19% -19% $9,067,734 BKT Black Rock Mining 0.025 -7% -4% -29% -54% $35,338,557 CY5 Cygnus Metals Ltd 0.087 -7% 13% -8% 93% $74,048,455 CDT Castle Minerals 0.074 -8% -20% -1% -38% $8,584,708 IPT Impact Minerals 0.006 -8% 0% -39% -58% $23,731,980 GW1 Greenwing Resources 0.024 -8% -20% -31% -45% $7,032,638 NWM Norwest Minerals 0.012 -8% 0% -12% -56% $11,620,303 OM1 Omnia Metals Group 0.012 -8% 9% -85% -85% $2,605,100 GCM Green Critical Min 0.023 -8% 64% 156% 475% $53,997,423 MTM MTM Critical Metals 0.62 -8% 80% 235% 1532% $293,260,733 RNU Renascor Res Ltd 0.056 -8% -16% -2% -40% $137,330,335 PVW PVW Res Ltd 0.011 -8% 0% -15% -48% $2,386,857 AZL Arizona Lithium Ltd 0.0055 -8% -8% -54% -71% $26,351,572 VMC Venus Metals Cor Ltd 0.105 -9% -5% 67% 50% $20,593,512 TLG Talga Group Ltd 0.4 -9% -4% -6% -35% $181,837,210 GAL Galileo Mining Ltd 0.1 -9% -20% -13% -50% $19,762,493 VHM Vhmlimited 0.2 -9% -17% -52% -52% $48,178,291 MHC Manhattan Corp Ltd 0.02 -9% -17% -5% -20% $4,463,079 CNB Carnaby Resource Ltd 0.345 -9% 17% -1% -34% $82,219,989 ARR American Rare Earths 0.245 -9% 0% -8% 0% $126,855,825 LPM Lithium Plus 0.058 -9% -11% -31% -61% $7,704,720 VR8 Vanadium Resources 0.019 -10% 27% -41% -69% $10,157,254 WC1 Westcobarmetals 0.019 -10% 19% 19% -47% $3,542,451 NVA Nova Minerals Ltd 0.32 -10% 0% -9% 68% $108,204,135 FBM Future Battery 0.018 -10% 6% -5% -45% $12,453,479 IMI Infinitymining 0.009 -10% 0% -18% -40% $3,807,142 THR Thor Energy PLC 0.009 -10% -18% -31% -40% $7,107,898 SLM Solismineralsltd 0.081 -11% -10% 14% 1% $11,163,198 RMX Red Mount Min Ltd 0.008 -11% 0% -20% -20% $4,184,620 MHK Metalhawk. 0.39 -11% -17% 39% 696% $52,306,302 1MC Morella Corporation 0.015 -12% -21% -46% -80% $5,467,604 L1M Lightning Minerals 0.06 -12% 0% -19% -17% $6,199,699 PAT Patriot Resourcesltd 0.052 -12% -19% 21% -13% $8,321,168 DLI Delta Lithium 0.165 -12% -11% 0% -25% $118,229,396 TVN Tivan Limited 0.092 -12% -12% 2% 23% $190,239,473 GBR Greatbould Resources 0.063 -13% -3% 50% 9% $47,928,684 IXR Ionic Rare Earths 0.0105 -13% 50% 75% 5% $52,674,258 AKN Auking Mining Ltd 0.007 -13% 0% 40% -68% $4,023,451 REC Rechargemetals 0.013 -13% -32% -28% -55% $3,340,870 AXE Archer Materials 0.225 -13% -15% -46% -31% $58,614,813 ASM Ausstratmaterials 0.535 -14% 6% 9% -30% $94,297,155 BC8 Black Cat Syndicate 0.77 -14% -8% 33% 157% $558,926,958 ICL Iceni Gold 0.055 -14% -8% -15% -14% $18,538,275 CRR Critical Resources 0.003 -14% 0% -50% -63% $7,842,664 EV1 Evolutionenergy 0.012 -14% 20% -48% -64% $4,351,806 AVL Aust Vanadium Ltd 0.0085 -15% -15% -29% -39% $77,711,923 RON Roninresourcesltd 0.14 -15% -30% -18% 17% $5,652,501 CAE Cannindah Resources 0.022 -15% -39% -45% -57% $16,017,759 G88 Golden Mile Res Ltd 0.011 -15% -27% 38% 0% $6,530,974 LMG Latrobe Magnesium 0.008 -16% -33% -60% -83% $21,012,720 AS2 Askarimetalslimited 0.005 -17% -29% -58% -89% $2,020,853 LIN Lindian Resources 0.1 -17% -17% 25% -9% $116,342,224 KNI Kunikolimited 0.1 -17% -23% -47% -57% $8,170,881 STM Sunstone Metals Ltd 0.014 -18% -7% 100% 47% $84,976,633 PFE Pantera Lithium 0.011 -19% -21% -35% -67% $4,737,837 MEK Meeka Metals Limited 0.1425 -19% 2% 90% 319% $451,934,301 OCN Oceanalithiumlimited 0.056 -19% -5% 115% 58% $9,297,502 DRE Dreadnought Resources Ltd 0.0095 -21% -21% -14% -59% $45,715,500 AZI Altamin Limited 0.018 -22% -33% -28% -48% $10,915,555 PNT Panthermetalsltd 0.013 -24% -13% 8% -29% $3,911,759 PVT Pivotal Metals Ltd 0.009 -25% 50% 13% -36% $8,165,033 RVT Richmond Vanadium 0.09 -25% -36% -57% -65% $17,963,338 ASR Asra Minerals Ltd 0.0015 -25% -25% -50% -63% $5,987,547 ANX Anax Metals Ltd 0.005 -29% -38% -55% -78% $3,531,230 TAR Taruga Minerals 0.007 -30% -13% -30% 0% $4,996,278 QXR Qx Resources Limited 0.002 -33% -50% -50% -71% $3,930,987 LNR Lanthanein Resources 0.001 -33% 0% -67% -71% $2,810,182 LNR Lanthanein Resources 0.001 -33% 0% -67% -71% $2,810,182 LU7 Lithium Universe Ltd 0.006 -40% 0% -29% -57% $5,501,857 CZN Corazon Ltd 0.001 -50% -50% -60% -83% $1,776,858 TKL Traka Resources 0.001 -50% -33% 0% -33% $2,125,790 ADD Adavale Resource Ltd 0.001 -50% -50% -50% -80% $2,287,279 AOA Ausmon Resorces 0.001 -50% -50% -33% -50% $2,622,427 PRL Province Resources 0 -100% -100% -100% -100% $0 POS Poseidon Nick Ltd 0 -100% -100% -100% -100% $23,380,727 AML Aeon Metals Ltd. 0 -100% -100% -100% -100% $5,482,003 LRS Latin Resources Ltd 0 -100% -100% -100% -100% $477,661,711 CAI Calidus Resources 0 -100% -100% -100% -100% $93,678,206 ASO Aston Minerals Ltd 0 -100% -100% -100% -100% $28,491,414 LTM Arcadium Lithium PLC 0 -100% -100% -100% -100% $1,994,929,982 EV Resources (ASX:EVR) The company has appointed Miguel Barahona as President of Stibcorp, a fully owned Mexican subsidiary that holds its 70% interest in the Los Lirios antimony joint venture. The project consists of four licences covering 1652ha (16.52km2), three open pits, and several underground workings on a 7km trend that date back several generations. And the company is eyeing a restart of the open pit Mexican mine. It could be perfect timing, with the antimony price more quadrupling in the past year, rising from around US$13,000 to US$60,000 per tonne following China's export restrictions, then complete ban, of the mineral's sale to the US. It's used in a swathe of applications from weapons and flame retardants to solar panels, making it essential for national security and energy reliability. EVR is currently preparing for a work program at Los Lirios that includes examining sites for a pilot processing plant, and clearing and sorting broken material in the two past producing pits. 'We welcome Miguel to the EVR team, and are delighted to have his leadership as we prepare to advance the Los Lirios project,' MD Hugh Callaghan said. Catalina Resources is gearing up to start initial RC drilling within the Central Yilgarn project in H2 2025. The company acquired the Yerilgee and Evanston greenstone belts back in January from a wholly owned subsidiary of Dreadnought Resources (ASX:DRE). The project area covers an area of over 650km2, and over approximately 65km of strike, along the Yerilgee and Evanston greenstone belts. Catalina says the tenements present a rare exploration play over multiple greenstone belts with proven mineralisation potential for gold, iron ore, lithium, nickel and copper-zinc-silver massive sulphides. The drilling will focus on seven walk-up targets. Evion Group (ASX:EVG) Vertically integrated graphite developer Evion Group has reached an agreement to supply expandable graphite from its Indian joint venture to a leading US graphite supply chain company with its shares rising as high as 1.9c on Thursday. The maiden US order represents around 80 tonnes of expandable graphite shipped from the 50/50 JV Panthera graphite facility near Pune, India. About $400,000 in revenue will be generated from the order, which follows the maiden shipment for the JV in the March 2025 quarter. 'This shipment signals a broader shift in the global supply landscape, with growing demand from US industries for high-quality, non-Chinese sources of critical minerals like expandable graphite,' Evion managing director David Round said. 'Our Panthera Graphite facility has demonstrated its ability to deliver at scale, and we hope this is the first step in establishing a strong, long-term, strategic partnership with the US market. 'We believe this is likely to be the first of many future orders and we look forward to updating the market shortly around our planned, substantial growth and development plans in India.' Negotiations continue to regularly supply the US and other global buyers in Europe and Asia. Expandable graphite is essential for thermal management and fire retardancy across the aerospace, EV, energy storage, military applications and electronics sectors.
