Will these yet-to-be-traded shares lead the ASX into the future?
The post 10 upcoming ASX floats in the battery and electrification sector appeared first on The Motley Fool Australia. –
The battery and electrification sector’s recent boom has seen many ASX battery mineral explorers surging into the spotlight.
Those ASX-listed companies producing battery metals such as copper, cobalt, nickel, graphite, rare earths, and lithium are increasingly hitting the headlines, as are the prices of said metals.
They’ve seemingly been driven by increasing global demand for electric vehicles and battery power.
And now, there’s what looks to be a glut of battery metal Initial Public Offerings (IPOs) ready to hit the ASX in the coming weeks.
10 upcoming battery and electrification debuts
Li-S Energy Limited
Li-S Energy is a developer of lithium-sulphur batteries using boron nitride nano-tubes. According to the company, its technology’s energy density is superior to that of traditional lithium-ion batteries.
Li-S Energy’s debut has been highly anticipated for some time now, and there’s still no set date on which it will hit the market.
The company’s a PPK Group Limited (ASX: PPK) spin-off.
Dalaroo Metals Ltd
Dalaroo Metals has 2 projects in Western Australia. They’re prospective for nickel, copper, platinum group elements, zinc, and silver.
Keep a lookout for the company’s IPO on 15 September.
Copper Search Limited
Copper Search is a copper and gold exploration company with a focus on South Australia’s Gawler Craton. The company believes now is the time to tap into the ASX copper sector as the move towards battery power electrification heats up.
Copper Search’s IPO is also booked for 15 September.
Recharge Metals Limited
Recharge is focusing on copper exploration in Western Australia, where it owns 3 projects.
However, its projects also house gold, nickel, cobalt, and zinc.
Recharge’s expected date to list is 21 September.
Widgie Nickel Limited
Widgie is working on producing nickel and new economy metals. Its Mt Edwards project is highly prospective for nickel.
Widgie’s expected debut is on 22 September.
Revolver Resources Holdings Ltd
The ASX will soon see this developer of metals for the global movement towards battery power and electrification hitting the market.
Right now, Revolver’s working on copper exploration in Queensland.
Revolver’s planned IPO is set for 23 September.
Forrestania Resources Limited
Forrestania is exploring gold and lithium. It currently has the option to acquire several packages covering 700 square kilometres.
The company’s expected to debut on the ASX on 23 September.
C29’s focus is on copper exploration. It holds 4 projects located around Australia.
The company’s set to debut on the ASX on 1 October.
NickelSearch is – you guessed it – a nickel exploration company. It plans to leverage its production to the green energy materials supply chain, thus, benefiting from the turn to electrification.
The company’s expected to hit the market on 6 October.
Minerals 260 Limited
Minerals 260 has spun-out of Liontown Resources Limited (ASX: LTR). It holds the Moora Gold-Nickel-Copper-PGE Project and has the option to earn a 51% interest in the Koojan Gold-Nickel-Copper-PGE Project.
The company will debut on 11 October.
The post 10 upcoming ASX floats in the battery and electrification sector appeared first on The Motley Fool Australia.
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.