Latest news with #lithium
Yahoo
17 hours ago
- Business
- Yahoo
Halliburton to Design Lithium, Geothermal Wells for GeoFrame Energy in East Texas
Halliburton Company (NYSE:HAL) is one of the most undervalued US stocks according to analysts. On June 24, Halliburton Company (NYSE:HAL) announced that it has secured a contract to support GeoFrame Energy's direct lithium extraction/DLE and geothermal project in East Texas. Halliburton will be responsible for planning and designing the first demonstration wells in the Smackover Formation, with operations anticipated to commence in late 2025. The project in East Texas is expected to be the first in the US to deliver battery-grade lithium carbonate from the Smackover Formation, which is a geological unit known for its lithium-rich brines. GeoFrame Energy aims to produce ~83,500 metric tons of battery-grade lithium carbonate annually, which is projected to be enough to fully meet current US demand. The initiative is expected to support domestic lithium production and reduce the country's reliance on foreign supply chains. A drilling rig in the desert with an orange sunset in the background. Halliburton will play a central role in the drilling phase by designing, constructing, and operating the demonstration wells, and eventually scaling the project to full field development. Beyond lithium production, GeoFrame Energy's project is designed as a model for sustainable mining. The company plans to use geothermal brine to generate zero-emission electricity through binary cycle generators. Halliburton Company (NYSE:HAL) provides products and services to the energy industry worldwide. GeoFrame Energy is a leader in green lithium carbonate and geothermal energy production. While we acknowledge the potential of HAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
News.com.au
2 days ago
- Business
- News.com.au
Barry FitzGerald: Why Wildcat may the BESS buy as lithium demand goes through the roof
'Garimpeiro' columnist Barry FitzGerald has covered the resources industry for 35 years. Now he's sharing the benefits of his experience with Stockhead readers. Will battery energy storage systems bring forward the day when the lithium market flips from over to undersupply, putting a rocket under lithium prices and ASX lithium stocks in the process? It could well be the case, with the previously under-appreciated demand growth from BESS known to be a key reason behind Rio Tinto's (ASX:RIO) dive in to the lithium space, as the renewable energy sector gets both bigger and smarter. Its $10bn acquisition of Arcadium was classic straw hats in winter stuff by Rio, given the beaten-up lithium prices at the time, which are still to find a bottom. But if it's right about BESS, Rio's move into lithium may well prove to have been sweetly timed. BESS is the new high growth driver for lithium battery demand. It wasn't that long ago that a new solar or wind farm would be built without battery storage. Now utility-scale systems sit alongside renewable energy sources to improve efficiency, providing grid stability benefits as well. BESS demand is not as big as the electric vehicle sector, but its growth rate in 2024 was a phenomenal 51%. Demand growth from the EV sector was a none too shabby 26% off a higher base. High demand growth rates from EVs and BESS have continued in 2025. Combine the two and the question of when lithium demand again outstrips supply comes into sharp focus. Some forecasters suggest a supply deficit could emerge by the end of next year. It was a supply deficit that drove lithium prices to a crazy $US80,000/t ($US6,000/t for concentrates of the intermediate raw material spodumene) in late 2022. Prices are now back at $US8400/t and $US620/t respectively. Struggle town It is struggle town for all but the (very) low cost producers and means that the incentive to bring on new mines and expand existing operations to meet the growth in demand has been extinguished for the time being. That too feeds into the suggestion that the supply deficit and happier days of higher prices could be closer than equity markets think. No one is forecasting a return of prices to the boom time conditions of 2022. But there doesn't need to be for ASX-listed lithium stocks to get off the floor. That comes through in a lithium sector update (June 20) by Argonaut's Hayden Bairstow. His price targets for lithium producers and developers he follows are all well above prevailng market prices even though the price targets have been cut due to lower spodumene prices. 'We believe a (spodumene) price recovery is likely to be rapid once the market swings to a modest deficit, but the cycle is likely to be shorter given the volume of brownfield capacity that can be brought online, largely in Australia,'' Bairstow said. He now expect spot spodumene prices to peak at $US1500/t in late 2026, which is likely to trigger a re-start of existing capacity. A return to a balanced market is then forecast for 2027 before the widening deficit pushes prices higher in the long-term ($US1600/t). Wildcat pick Of the stocks mentioned by Bairstow it was Wildcat Resources (ASX:WC8) that caught Garimpeiro's eye. It was trading mid-week at 14c for a market cap of $187 million. Bairstow has it as a ''spec buy'' and has set a 40c price target. Wildcat is advancing its Tabba Tabba project in the Pilbara towards production. A pre-feasibility study is due for completion in the coming quarter. It's a world-class hard rock discovery weighing in at 74.1Mt grading 1% lithia with exploration upside. Garimpeiro mentioned Wildcat back in December when it was a 20c stock on the basis that projects like Tabba Tabba will be needed to meet the wave of demand coming for lithium from EVs and BESS. His timing for an acknowledgement from the share market that stocks like Wildcat had been oversold was obviously a bit off. But here we are with the lithium demand scenario now being juiced up by BESS. The company itself sees value in its stock as it has just announced a $5 million on-market share buyback. It is an unusual thing for a developer to do, but in Wildcat's case having $60 million in the till makes it a no-brainer given the current share price level. There is also a takeover overlay to the stock. Mineral Resources (ASX:MIN) has an 18% stake which it acquired in November 2023 for 85c a share. MinRes is a 50% partner in the big Wodgina lithium mine about 87km by road from Tabba Tabba. MinRes is busy sorting out its balance sheet and would likely entertain a bid for its stake at prices much higher than the current market price. But it could also decide, like Rio, that lithium represents a high growth opportunity and that Tabba Tabba needs to be part of its lithium story given its proximity to Wodgina.
News.com.au
2 days ago
- Business
- News.com.au
Resources Top 5: Positive signs that lithium is waking from slumber
Argosy Minerals has executed a spot sales contract for the sale of 60 tonnes of battery quality lithium carbonate from its Rincon project Core Lithium is optimistic about a restart of the Finniss project in the NT Sunrise Energy Metals has received high-grade scandium assays from Syerston project Your standout small cap resources stocks for Friday, June 27, 2025 Argosy Minerals (ASX:AGY) Lithium has been trading at cyclical lows for months but leading mining journalist Kristie Batten says positive signs are emerging and analysts are beginning to focus on when the price recovery would start. In a Stockhead article ' Smart money bets on a lithium turnaround ' she wrote that a global survey of 90 institutional investors by London-based mining industry advisory firm Harbour found that roughly half were looking for upside exposure to the energy transition above anything else from equities in the natural resources space. Investors were asked which commodities were the most likely to see increased investment, with more than 80% across Australia, Canada, the US, UK and Europe citing gold as their top pick. While that isn't the least bit surprising, given where the price has gone, what jumped out was an enthusiasm for lithium, the price of which has gone in the opposite direction. The research found that lithium edged out copper as the second most likely commodity to attract investment in Australia (65%), Canada (59%), US (61%) and UK/Europe (63%). A report on the lithium sector from Argonaut last week pointed to positive demand drivers, Batten wrote, with electric vehicles being the early driver and battery energy storage systems growing in importance. Optimism surrounding lithium has resulted in some stocks running hot including bellwether Pilbara Minerals, which hit a two-week high of $1.41. Argosy Minerals (ASX:AGY) rose 53.9% to a daily high of 2.3c and closed at 1.8c after executing a spot sales contract with a Hong Kong-based chemical company for the sale of 60 tonnes of battery quality >99.5% lithium carbonate from its Rincon project in the 'Lithium Triangle' in Argentina. Argosy managing director Jerko Zuvela said 'We were pleased to receive such strong interest for the sale of our battery quality lithium carbonate product. "With our positive project fundamentals, we will be strong beneficiaries of the EV/lithium sector resurgence noting the significant development milestones achieved to date at our Rincon "We are delighted to be part of an exclusive group of battery quality lithium carbonate product exporters, given the challenges encountered by many of our peers attempting to achieve this feat.' Core Lithium (ASX:CXO) A lithium price slump victim has been Core Lithium and its Finniss hard-rock lithium project in the Northern Territory, 88km southwest from the Darwin Port. Early works at the BP33 deposit were suspended in late 2023, mining at Grants was suspended in January 2024 and processing in mid-2024, with all infrastructure placed on care and maintenance for any potential restart. A restart study completed in mid-May 2025 has repositioned Finniss as a highly attractive low-cost operation with a 20-year life of lean underground operations. The study outlines a high confidence production plan with 94% of the first 10 years backed by ore reserves and includes: Mining costs reduced by 40% to $63–$72/t (from $120/t); Processing costs cut by 33% to $40–$46/t(from $69/t); Unit operating costs of $690–$785/t (FOB, SC6 eq ex-royalties), placing Finniss among the most competitive global spodumene operations; and Concentrate production lifted 7% to ~205ktpa SC6 equivalent. 'The plan we've outlined capitalises on the project's strengths, including established infrastructure, high-grade ore bodies well-suited to low-cost underground mining and a process plant with proven recoveries and further scope for optimisation,' Core Lithium (ASX:CXO) CEO Paul Brown said. 'We've undertaken a rigorous, bottom-up review of every aspect of the operation. The study brings together our operating experience to deliver a plan that is more robust, more efficient and built for the long term. 'At BP33, we are developing a large-scale underground mine. Grants will shift to underground mining, cutting costs and doubling its mine life. Carlton will use Grants' surface infrastructure, supporting a 20 year mine life. Blackbeard offers further potential to extend mine life and expand operations. 'Our plant upgrades will improve recovery and reduce contaminants, whilst keeping capital costs low. These improvements include enhanced screening with more affordable crushing and the addition of a gravity circuit. 'The study outlines a lower-cost, longer-life and scalable operating plan that generates free cash flow of $1.2 billion, representing a six-fold return on pre-production capital.' A Final Investment Decision for the restart remains subject to board approval and is contingent on market conditions and securing a suitable funding pathway. Optimism surrounding the Finniss restart and the lithium industry's future has seen shares as much as 18% higher to 10.5c. CXO closed at 9.9c with more than 61 million shares changing hands. Sunrise Energy Metals (ASX:SRL) It has been a big week for Sunrise Energy Metals - a $6 million placement finalised, $1.5m share purchase plan launched with strong initial uptake and high-grade scandium assays returned from its flagship Syerston project in Central West NSW. The assays saw shares increase to a 12-month high of $1.205, a lift of 34.64% on the previous close. From 65c on June 23, SRL has risen 85.4% in five days. A 125 hole RC drilling campaign totalling 3,589 drill metres in April and May 2025 had the aim of expanding the zones of higher-grade scandium at the Syerston deposit. More than half of the total 3,574 assays have been received from 49 drill holes, indicating multiple new areas of continuous, high-grade mineralisation. Significant intersections include: 7m at 884ppm Sc from 1m, including 3m at 1123ppm from 4m; 6m at 788ppm from 4m; 13m at 743ppm from 6m; 5m at 714ppm from 3m; and 7m at 666ppm from 4m. Once complete and released, all results from the drilling will be incorporated into an update to the Syerston resource estimate, which will underpin a feasibility study update. 'Recent drill results have identified further zones of continuous, high-grade scandium mineralisation within our Sunrise Mining Lease and they remain open in multiple directions,' Sunrise Energy Metals managing director Sam Riggall said 'These zones will form the basis of an initial multi-decade mine plan for our Syerston Scandium Project Feasibility Study, targeting rapid, low-cost development and production options, supported by one of the largest and highest-grade scandium resources in the world.' Red Mountain Mining (ASX:RMX) Australia's antimony hotspot is the New England region of northern NSW and one of the juniors looking to start producing the in-demand critical mineral is Red Mountain Mining, which hit a high of 1.5c, a lift of 67% on the previous close, with more than 110m shares changing hands. The boost came after the company returned high-grade antimony results from rock chip samples at Oaky Creek prospect in the Armidale project. Results from samples collected up to 500m along strike from historical workings include 28.34%, 28.33% and 16.38% Sb, which suggest potential for a large orogenic antimony mineral system. Shallow costeaning is planned to expose the bedrock beneath strong soil antimony anomalies with no visible outcrop while RMX also plans to undertake soil and rock chip sampling over the East Hills antimony and Horsley Station gold prospects in the southern portion of the project. Similar systems, such as Larvotto's (ASX:LRV) Hillgrove deposit, also in the Southern New England Orogen, typically also contain high-grade gold mineralisation. RMX has submitted a subset of the Oaky Creek rock chip samples for gold analysis by lead fire assay, with results expected in July. D3 Energy (ASX:D3E) South Africa is hungry for new energy sources and D3 Energy is taking steps to feed the demand with gas from its ER315 licence at Bloemskraal in the Free State with shares reaching 15c, a lift of 36.36% on the June 26 close, before closing at 14.5c This followed the company achieving increased flow rates at RBD03 following a well clean out. RBD03 flowed at an average gas flow rate of 201 Mscfd over the initial 7-day period, which was 35% higher than the previous flow rate measured before the well clean out. Total gas produced over the initial 7-day testing period was 1,396 Mscf and testing will continue for another seven days before the well will be shut in to analyse the pressure buildup data. The company undertook a multi-well production testing program at Bloemskraal last year which included RBD03, a gold exploration borehole drilled in 1982. Analysis of the initial production test in July and August last year showed indications that there may have been some obstructions or debris in the wellbore. A work over to clean out any obstructions was performed at RBD03 on May 7, 2025, and some issues were encountered with an historical undocumented hole size change curtailing operations. The well was nonetheless partially cleaned out and shut in to allow the reservoir pressure to build back up prior to retesting. This flow testing commenced on June 13, 2025, following the build-up period and the 7-day results demonstrate a 35% increase in the stabilised flow rate.
News.com.au
2 days ago
- Business
- News.com.au
Lunch Wrap: ASX jumps early as iron ore, coal and lithium miners all catch a bid
Miners muscle ASX up, lithium glows again
 Reece pipes burst on profit alert
 Wall St inches to record, Nvidia flirts with $3.8 trillion The ASX came out swinging this morning, jumping a lively 0.6% out of the gates before easing off to a 0.1% gain by eastern lunch time. Wall Street set the stage overnight with a solid session. The S&P 500 closed just three points shy of its all-time high, and the Nasdaq rallied 1%. Nvidia briefly flirted with an outrageous US$3.8 trillion valuation before pulling back. Over at Tesla HQ, yet another Musk confidant has left the building. Omead Afshar, who was overseeing major ops and considered one of Elon's inner circle, has departed. No word yet on why. Back to the ASX where miners had a field day this morning. BHP (ASX:BHP) surged 3.5%, Rio Tinto (ASX:RIO) rocketed up 4%, and Fortescue (ASX:FMG) flexed 3% as iron ore futures rebounded thanks to demand hopes in China. Elsewhere, coal stocks got a warm lift as Beijing's heatwave, nudging 40 degrees, gave prices a gentle shove off the floor. Lithium stocks also lit up again, building on Thursday's jolt after Vanguard was revealed as a major new holder in Pilbara Minerals (ASX:PLS). PLS rose another 7% this morning, and IGO (ASX:IGO) lifted 5%. This where things stood at about 12:40pm AEST: In other large caps news, giant plumbing supplier Reece (ASX:REH) was hammered more than 14% after warning that earnings will fall to around $548-558 million for FY25, down from $681 million last year. Blame soft volumes in Aussie and Kiwi housing markets, and a flat US construction scene where interest rates and affordability are squeezing new builds. Wesfarmers (ASX:WES) made a big move with its Bunnings landlord, BWP Trust. It's selling its 100% stake in BWP Management for $142.6 million, a deal that also resets a bunch of Bunnings leases. WES' shares were up 0.5%. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for June 27 : Security Description Last % Volume MktCap RAN Range International 0.003 150% 4,079,177 $939,290 PAB Patrys Limited 0.002 100% 393,635 $2,365,810 CYQ Cycliq Group Ltd 0.003 50% 1,010,692 $921,033 TKL Traka Resources 0.002 50% 1,000,000 $2,125,790 AGY Argosy Minerals Ltd 0.021 40% 38,072,195 $21,838,814 D3E D3 Energy Limited 0.150 36% 486,632 $8,742,251 C7A Clara Resources 0.004 33% 416,670 $1,764,813 MGU Magnum Mining & Exp 0.004 33% 125,231 $3,364,953 MTB Mount Burgess Mining 0.004 33% 4,666,403 $1,055,108 UNT Unith Ltd 0.009 29% 745,055 $8,601,498 SRL Sunrise 1.150 28% 521,713 $98,653,611 SPX Spenda Limited 0.007 27% 2,695,727 $25,383,685 PPG Pro-Pac Packaging 0.019 27% 192,827 $2,725,316 AN1 Anagenics Limited 0.005 25% 332,587 $1,985,281 AUK Aumake Limited 0.003 25% 5,129 $6,046,718 VML Vital Metals Limited 0.003 25% 2,542,129 $11,790,134 IMU Imugene Limited 0.014 23% 24,298,669 $82,137,229 8IH 8I Holdings Ltd 0.011 22% 11,749 $3,133,448 HTG Harvest Tech Grp Ltd 0.018 20% 2,939,494 $13,439,201 BLZ Blaze Minerals Ltd 0.003 20% 333,000 $4,446,160 ID8 Identitii Limited 0.006 20% 950,537 $3,890,068 IXR Ionic Rare Earths 0.012 20% 7,586,172 $52,674,258 LCL LCL Resources Ltd 0.006 20% 3,527,039 $5,996,286 SHP South Harz Potash 0.003 20% 1,050,000 $2,756,822 Shares in plastic pallets specialist Range International (ASX:RAN) doubled after it won appeals in the Indonesian Tax Court, wiping out tax bills from 2018 related to withholding and VAT issues. The court ruled in full favour of Range's local subsidiary, bringing the payable amount down to zero. The board said it's a big win that brings much-needed certainty as it focuses on growing the business. Argosy Minerals (ASX:AGY) has locked in a spot sales deal to sell 60 tonnes of high-grade lithium carbonate from its Rincon Project in Argentina. The sale price is pegged to SMM battery-grade pricing, with 30% paid upfront and the rest before shipping from Buenos Aires. Argosy says it's stoked with the strong demand, and reckons it's in a solid spot to benefit from the EV sector's comeback, especially given how few producers are hitting this level of purity. Sunrise Energy Metals (ASX:SRL) has struck more high-grade scandium at its Syerston project in NSW, following a 125-hole drilling campaign across April and May. Early results from 49 of those holes show strong, continuous hits, with grades up to 1123ppm. The new zones remain open in multiple directions and are expected to feed into a fresh resource upgrade for the company's upcoming feasibility study. With China recently clamping down on scandium exports, Sunrise reckons it's sitting on one of the biggest and highest-grade scandium resources in the world. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for June 27 : Code Name Price % Change Volume Market Cap ALR Altair Minerals 0.002 -33% 200,000 $12,890,233 EEL Enrg Elements Ltd 0.001 -33% 600,001 $4,880,668 VN8 Vonex Limited. 0.017 -29% 455,824 $18,062,485 AVD Avada Group Limited 0.100 -29% 389,209 $11,890,904 SRJ SRJ Technologies 0.005 -29% 1,835,411 $4,239,047 TYX Tyranna Res Ltd 0.003 -25% 149,950 $13,153,701 BPH BPH Energy Ltd 0.007 -22% 582,995 $10,964,095 SPQ Superior Resources 0.004 -20% 4,171,733 $11,854,914 BUR Burleyminerals 0.043 -17% 440,303 $9,420,700 FCT Firstwave Cloud Tech 0.010 -17% 645,337 $20,562,224 TMK TMK Energy Limited 0.003 -17% 15,184 $30,667,149 STG Straker Limited 0.410 -15% 63,720 $30,882,864 ODE Odessa Minerals Ltd 0.006 -14% 2,500,000 $11,196,728 VAR Variscan Mines Ltd 0.006 -14% 34,482 $5,480,004 REH Reece Limited 14.940 -14% 1,156,323 $11,214,285,382 NXS Next Science Limited 0.069 -14% 134,187 $23,372,819 RAS Ragusa Minerals Ltd 0.013 -13% 168,980 $2,138,982 RMI Resource Mining Corp 0.013 -13% 520,385 $11,016,800 ICE Icetana Limited 0.056 -13% 459,450 $34,036,858 OVT Ovanti Limited 0.007 -13% 102,767,780 $24,044,120 PGY Pilot Energy Ltd 0.007 -13% 47,159 $17,269,280 SW1 Swift Networks Group 0.007 -13% 594,985 $7,179,604 WBE Whitebark Energy 0.004 -13% 136,794 $2,749,334 LKY Locksleyresources 0.078 -11% 11,442,772 $16,133,333 A11 Atlantic Lithium 0.160 -11% 30,498 $124,766,516 IN CASE YOU MISSED IT Spartan Resources (ASX:SPR) is targeting resource growth at the Dalgaranga project as drilling produces gold up to 163.67g/t from a hanging wall zone 193.7m deep. Uvre (ASX:UVA) has unearthed rock chips up to 18.4g/t gold at the Waitekauri project, a flagship asset UVA is acquiring through the purchase of Otagold. LAST ORDERS New World Resources (ASX:NWC) is enjoying somewhat of a bidding war over its shares, with Central Asia Metals Plc countering Kinterra Capital's takeover offer at A$0.057 per share with its own revised bid at $0.062 each. Management says neither company has declared its offer to be best and final as of yet, meaning shareholders are not required to take any action at present. Aura Energy (ASX:AEE) is a step closer to securing funding after the publication of an Environmental and Social Impact Assessment (ESIA) for the Tiris uranium project on the US International Development Finance Corporation's website. MD and CEO Andrew Grove said it was a reflection of the company's efforts to align the project's development plans with international best practices and the expectations of global financiers as Tiris moves toward a final investment decision. At Stockhead, we tell it like it is. While New World Resources and Aura Energy are Stockhead advertisers, they did not sponsor this article.
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.
