Sentiment for lithium costs and lithium shares turned bullish in late 2025 as world demand surged, suggesting {that a} market surplus may tighten right into a deficit prior to beforehand anticipated.
Costs, which had soared by means of late 2022, confronted volatility however rebounded in H2 on strong demand progress, stock drawdowns and regulatory tightening.
Notably, Up to date Amperex Know-how (CATL) (SZSE:300750,HKEX:3750) halted operations at a significant Chinese language lithium mine, whereas Beijing launched measures to forestall gross sales at unsustainably low costs.
The rising recognition of lithium as a crucial mineral, alongside Western issues over China’s dominance in provide chains, has strengthened the market exterior of China, supporting costs and funding sentiment.
In response to Benchmark Mineral Intelligence, world lithium demand in 2025 is projected to succeed in roughly 285,000 metric tons of lithium carbonate equal (LCE), up from 220,000 metric tons in 2024, pushed largely by electrical car adoption and the speedy progress of battery power storage techniques.
Analysts anticipate continued worth assist as higher-cost producers exit, whereas demand from EVs, grid storage, and the power transition catches up with provide constraints.
In opposition to this backdrop, some lithium shares are seeing share worth good points. Beneath is a have a look at the lithium shares in Canada, the US and Australia that carried out the most effective in 2025, together with updates on their information and actions.
This record of the top-gaining lithium firms relies on year-to-date as per TradingView’s inventory screener. Information for all Canadian shares, US and Australian shares was gathered on December 30, 2025. Lithium shares with market caps above $10 million of their respective currencies had been thought of.
Yr-to-date acquire: 708.33 %
Market cap: C$19.11 million
Share worth: C$0.48
Stria Lithium is a Canadian exploration firm targeted on creating home lithium assets to assist the rising demand for electrical autos and lithium-ion batteries. The corporate’s flagship Pontax Central lithium challenge spans 36 sq. kilometers within the Eeyou Istchee James Bay area of Québec, Canada.
Cygnus Metals (TSXV:CYG,ASX:CY5,OTCQB:CYGGF) has an earn-in settlement with Stria to earn as much as a 70 % curiosity in Pontax Central. Cygnus accomplished the primary stage in July 2023, buying a 51 % curiosity by investing C$4 million in exploration and issuing over 9 million shares to Stria.
In Could 2025, Stria and Cygnus agreed to increase the second stage of Cygnus’s earn-in settlement on the Pontax Central lithium challenge by 24 months. The second stage includes an extra C$2 million in exploration spending and C$3 million in a money fee.
Via its three way partnership with Cygnus, Stria has outlined a JORC-compliant maiden inferred useful resource for Pontax Central of 10.1 million metric tons grading 1.04 % lithium oxide.
In March, Stria closed a non-brokered non-public placement for C$650,000. The funds shall be utilized in half for the analysis of latest mineral alternatives, based on the corporate.
Shares of Stria registered a year-to-date excessive of C$0.50 on December 30, 2025, coinciding with lithium carbonate costs rising to a close to 24 month excessive.
2. Consolidated Lithium Metals (TSXV:CLM)
Yr-to-date acquire: 350 %
Market cap: C$20.51 million
Share worth: C$0.045
Consolidated Lithium Metals is targeted on buying, creating and advancing lithium tasks in Québec. Its properties — Vallée, Baillargé, Preissac-LaCorne and Duval — are situated inside the spodumene-rich La Corne Batholith space, close to the restarted North American Lithium mine, a key space in Canada’s rising lithium sector.
Consolidated Lithium began the 12 months with a C$300 million non-public placement earmarked for working capital and normal company functions.
In July, the corporate commenced a summer season exploration program on the Preissac challenge, excavating a 100 by 30 meter trench in an space with a recognized lithium soil anomaly, uncovering an 18 meter vast pegmatite physique at floor.
On the finish of August, Consolidated Lithium signed a non-binding letter of intent with SOQUEM, a subsidiary of Investissement Québec, to amass an choice to earn as much as an 80 % curiosity within the Kwyjibo uncommon earths challenge.
The challenge is situated roughly 125 kilometers northeast of Sept-Îles in Québec’s Côte-Nord area.
Below the deal, which was finalized in November, Consolidated Lithium will change into operator of the challenge and might earn an preliminary 60 % stake over 5 years by means of a mixed C$23.15 million in money funds, share issuances and challenge expenditures.
A good portion of these funds shall be invested in advancing Kwyjibo by means of phases together with negotiating and finalizing an settlement with the Innu of Uashat mak Mani-Utenam, a metallurgical examine and environmental allowing.
Upon completion, the companions will kind a three way partnership, and Consolidated can have the choice to extend its curiosity to 80 % by investing C$22 million over an extra three years.
An uptick in lithium costs in October helped Consolidated shares rally to a year-to-date excessive of C$0.06 a number of occasions between October 22 and November 3.
3. Lithium South Improvement (TSXV:LIS)
Yr-to-date acquire: 330 %
Market cap: C$48.76 million
Share worth: C$0.43
Canada-based Lithium South Improvement at the moment owns 100% of the HMN lithium challenge in Argentina’s Salta and Catamarca provinces, located within the coronary heart of the lithium-rich Hombre Muerto Salar.
The challenge lies adjoining to South Korean firm POSCO Holdings (NYSE:PKX,KRX:005490) billion-dollar lithium improvement to the east.
Exploration has outlined a useful resource of 1.58 million metric tons of lithium carbonate equal (LCE) at a mean grade of 736 milligrams per liter lithium, with the bulk within the measured class. A preliminary financial evaluation outlines the potential for a 15,600 metric ton per 12 months lithium carbonate operation.
In January 2024, Lithium South and POSCO signed an settlement to collectively develop the HMN lithium challenge. Below the deal, the businesses will share manufacturing 50/50 from the Norma Edith and Viamonte blocks in Salta and Catamarca, resolving overlapping claims.
As for 2025, in June Lithium South’s shares tripled to C$0.30 after it obtained optimistic information relating to its environmental affect evaluation.
Lithium South shared an enormous replace in July that modified its trajectory; the corporate obtained a non-binding money supply of US$62 million from POSCO to buy its lithium portfolio, together with the HMN challenge.
POSCO would purchase Lithium South’s wholly owned subsidiary NRG Metals Argentina, which holds the HMN challenge and all of Lithium South’s different concessions, specifically the Sophia I–III and Hydra X–XI claims.
The 60 day due diligence interval concluded in late September, and on November 12, Lithium South introduced a share buy settlement to promote its Argentinian lithium portfolio to POSCO Argentina for US$65 million.
Firm shares climbed to C$0.44 the following day, whereas its highest shut of the 12 months, C$0.45, got here on December 24.
Lithium South formally signed the deal on December 8, with its closing topic to a number of approvals. Following the transaction’s completion, Lithium South plans to de-list from the TSXV and start dissolution proceedings.
In reference to the information, the corporate intends to purchase again all frequent shares at a worth of C$0.505.
1. Lithium Argentina (NYSE:LAR)
Yr-to-date acquire: 106.39 %
Market cap: US$891.03 million
Share worth: US$5.49
Lithium Argentina produces lithium carbonate from its CaucharÃ-Olaroz brine challenge in Argentina, developed with Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772). The corporate was spun out from Lithium Americas in October 2023 and modified its identify from Lithium Americas (Argentina) in January 2025.
In mid-April, Lithium Argentina executed a letter of intent with Ganfeng Lithium to collectively advance improvement throughout the Pozuelos-Pastos Grandes basins.
In August, Lithium Argentina agreed to kind a brand new three way partnership with Ganfeng Lithium that may mix the businesses’ tasks within the Pozuelos and Pastos Grandes basins of Salta, Argentina.
The three way partnership will deliver collectively Ganfeng’s wholly owned Pozuelos-Pastos Grandes (PPG) challenge and Lithium America’s Pastos Grandes and Sal de la Puna tasks, wherein Ganfeng at the moment holds a 15 % and 35 % stake respectively.
As soon as accomplished, Ganfeng will maintain a 67 % stake within the consolidated PPG challenge, and Lithium Argentina will maintain a 33 % curiosity.
In This autumn, Lithium Argentina launched a optimistic scoping examine for the PPG challenge, confirming its scale and powerful economics. The consolidated challenge hosts a measured and indicated useful resource of 15.1 million metric tons of lithium carbonate equal (LCE) and is designed for staged manufacturing of as much as 150,000 metric tons per 12 months over a 30 12 months mine life.
In the identical announcement, the corporate confirmed receipt of an environmental approval for Stage 1 from the Secretariat of Mining and Vitality of the Province of Salta.
Lithium Argentina launched its Q3 outcomes in November, noting roughly 8,300 metric tons of lithium carbonate manufacturing at its CaucharÃ-Olaroz operation in the course of the quarter, with 24,000 metric tons produced between January and September.
Firm shares rose to a year-to-date excessive of US$5.58 on December 31, in keeping with rising lithium carbonate costs.
2. Sociedad QuÃmica y Minera (NYSE:SQM)
Yr-to-date acquire: 87.39 %
Market cap: US$19.66 billion
Share worth: US$68.98
SQM is a significant world lithium producer, with operations centered in Chile’s Salar de Atacama. The corporate extracts lithium from brine and produces lithium carbonate and hydroxide to be used in batteries.
SQM is increasing manufacturing and holds pursuits in tasks in Australia and China, together with a 50/50 three way partnership for the Mt Holland lithium operation in Western Australia. In July, the corporate produced its first battery-grade lithium hydroxide manufacturing at its Kwinana refinery within the state.
In late April, Chile’s competitors watchdog authorized the partnership settlement between SQM and state-owned copper big Codelco geared toward boosting output on the Atacama salt flat. The deal, first introduced in 2024, reached one other milestone when it secured approval for an extra lithium quota from Chile’s nuclear power regulator CChEN.
SQM ended the 12 months finalizing the settlement. The partnership was formalized by means of SQM’s subsidiary SQM Salar absorbing Codelco’s Minera Tarar and being renamed Nova Andino Litio.
SQM reported a web revenue of US$404.4 million for the first 9 months of 2025, rebounding from a US$524.5 million loss in the identical interval of 2024. Income totaled US$3.25 billion, down 5.9 % year-over-year, whereas gross revenue reached US$904.1 million.
The corporate’s third-quarter efficiency highlighted the turnaround, as SQM achieved document lithium gross sales volumes. It reported web revenue of US$178.4 million, up 36 % from Q3 2024, and income of US$1.17 billion, up 8.9 %. Gross revenue for the quarter climbed 23 % to US$345.8 million.
SQM attributed the rebound to increased realized lithium costs and improved operational effectivity, signaling a robust restoration trajectory for the rest of 2025.
Shares of SQM reached a year-to-date excessive of US$71.63 on December 26.
Yr-to-date acquire: 64.29 %
Market cap: US$16.71 billion
Share worth: US$142.01
North Carolina-based Albemarle is dividing into two main enterprise items, one among which — the Albemarle Vitality Storage unit — is targeted wholly on the lithium-ion battery and power transition markets. It consists of the agency’s lithium carbonate, hydroxide and steel manufacturing.
Albemarle has a broad portfolio of lithium mines and amenities, with extraction in Chile, Australia and the US. Trying first at Chile, Albemarle produces lithium carbonate at its La Negra lithium conversion vegetation, which course of brine from the Salar de Atacama, the nation’s largest salt flat. Albemarle is aiming to implement direct lithium extraction expertise on the salt flat to scale back water utilization.
Albemarle’s Australian property Wodgina hard-rock lithium mine in Western Australia, which is owned and operated by the 50/50 MARBL three way partnership with Mineral Sources (ASX:MIN,OTC Pink:MALRF). Albemarle wholly owns the on-site Kemerton lithium hydroxide facility. The corporate’s different Australian three way partnership is the Greenbushes hard-rock mine, wherein it holds a 49 % curiosity.
In late October, Albemarle signed an settlement to promote its 51 % stake in its refining catalyst enterprise, Ketjen, leaving it with 49 % possession, a part of a broader portfolio reshaping that additionally consists of the sale of Ketjen’s 50 % stake within the Eurecat three way partnership to companion Axens.
The mixed offers are anticipated to generate roughly US$660 million in pre-tax money proceeds and strengthen Albemarle’s monetary flexibility. Each transactions are anticipated to shut within the first half of 2026, topic to regulatory approvals.
In November, Albemarle reported third‑quarter outcomes that mirrored improved operations amid continued lithium market headwinds. The corporate logged web gross sales of roughly US$1.31 billion, a slight 12 months‑over‑12 months decline pushed by decrease power storage pricing.
Albemarle generated US$356 million in quarterly money from operations, noting the corporate remained on observe to scale back full‑12 months capital expenditures to round US$600 million whereas focusing on optimistic free money move of US$300 million to US$400 million in 2025.
Shares of Albemarle marked a year-to-date excessive of US$150.01 on December 26, amid strengthening lithium costs.
Yr-to-date acquire: 310.71 %
Market cap: AU$169.78 million
Share worth: AU$0.115
Argosy Minerals is at the moment targeted on advancing its Rincon lithium challenge in Salta Province, Argentina. The corporate additionally owns the Tonopah lithium challenge situated in Nevada, US.
The Rincon challenge spans 2,794 hectares inside the Lithium Triangle. Argosy at the moment holds a 77.5 % curiosity in Rincon, with plans to extend to 90 % by means of its earn-in settlement.
It entered manufacturing of battery-grade lithium carbonate in 2024 at Rincon’s 2,000 tonne per 12 months demonstration facility, however has since suspended operations as a result of low lithium worth surroundings. The corporate continues to advance feasibility for its 12,000 tonne per 12 months enlargement.
The challenge at the moment holds a JORC whole mineral useful resource estimate of 731,801 tonnes of lithium carbonate.
On June 27, the corporate introduced a lithium carbonate spot gross sales contract with a Hong Kong-based chemical firm for 60 tonnes of 99.5 % lithium carbonate.
A couple of weeks later, Argosy introduced that detailed engineering and feasibility works had been underway to develop a 7 kilometre electrical transmission line capable of provide as much as 40 megawatts of power to Rincon.
In late October, Argosy launched its Q3 outcomes highlighting superior improvement of its Rincon lithium challenge. The interval noticed development in engineering and feasibility work in the direction of its 12,000-tonne-per-year operation at Rincon being construction-ready.
In the course of the 90 day session, the corporate additionally accomplished a AU$2 million placement to strengthen its stability sheet.
Argosy ended the interval with money reserves of about AU$4.6 million as of September 30, and stated its improvement technique continues to be supported by forecasted progress in world lithium demand.
In mid-November, Argosy signed one other spot gross sales settlement, this time with China’s Chengdu Chemphys Chemical Business for the sale of 16.1 tonnes of lithium carbonate produced at Rincon.
Shares of Argosy reached a 2025 excessive AU$0.125 on December 23, as lithium costs continued to pattern increased.
Yr-to-date acquire: 269.05 %
Market cap: AU$274.7 million
Share worth: AU$0.155
European Lithium is an Australia-based lithium exploration and improvement firm. The corporate additionally holds a number of earlier-stage lithium exploration tasks throughout Austria and a 100% curiosity within the Leinster lithium challenge in Eire. European Lithium can also be pursuing 20 12 months particular permits for the extraction and manufacturing of lithium on the Shevchenkivske challenge and Dobra challenge in Ukraine.
As well as, European Lithium owns a major fairness stake in Vital Metals (NASDAQ:CRML), which it spun out in 2024 to function the Wolfsberg lithium challenge in Austria.
Wolfsberg advantages from established street and rail infrastructure and is supported by a mining license and a broad bundle of exploration permits. Vital Metals has since acquired a stake within the Tanbreez uncommon earth challenge in Greenland, giving European Lithium publicity to each lithium and uncommon earth improvement in Europe.
The corporate offered parts of its holding in Vital Metals throughout 2025 to boost funds as Vital Metals’ share worth rose.
In July, European Lithium raised a mixed AU$5.2 million by means of the sale of 1 million shares, and in early October it raised an extra AU$31.75 million by promoting 3 million shares to a US institutional investor.
Shares of European Lithium rose to a year-to-date excessive of AU$0.465 on October 14. The rally coincided with European Lithium’s sale of three.85 million Vital Metals shares in an off-market placement to a single US institutional investor at US$13 per share, elevating about AU$76 million in web proceeds. Days later, it offered one other 3.03 million for AU$76 million.
Following the final sale in October, the corporate nonetheless held 53 million shares of Vital Metals.
On the finish of October, the corporate reported an lively third quarter marked by portfolio funding, exploration progress and challenge improvement. Exploration superior at European Lithium’s Irish lithium property, and planning work was accomplished on the power provide hall for the Wolfsberg lithium challenge in Austria.
3. World Lithium (ASX:GL1)
Yr-to-date acquire: 244.44 %
Market cap: AU$167.51 million
Share worth: AU$0.62
World Lithium Sources is a lithium exploration firm with a number of property in Western Australia, together with the 100% owned Manna lithium challenge within the Goldfields area and the Marble Bar lithium challenge within the Pilbara area.
Collectively, these tasks host a mixed indicated and inferred mineral useful resource of 69.6 million tonnes of ore at a grade of 1.0 % lithium oxide, with Manna alone holding 19.4 million tonnes at 0.91 % Li2O in ore reserves.
In an effort to deal with its core lithium tasks, World Lithium launched an preliminary public providing to spin out its Marble Bar gold property right into a separate firm, MB Gold, in October. World Lithium will retain the rights to the lithium tenements at Marble Bar.
The identical month, World Lithium launched its Q3 outcomes, highlighting superior allowing and improvement work throughout its Western Australian portfolio.
Moreover, the corporate secured a Native Title Mining Settlement with the Kakarra Half B group and was granted a mining lease for its flagship Manna lithium challenge, whereas persevering with definitive feasibility examine (DFS) work geared toward bettering challenge economics.
At Marble Bar, drilling outcomes had been launched from a co-funded exploration program. Company exercise included the sale of its funding in Kairos Minerals (ASX: KAI,OTC Pink:KAIFF) leaving World Lithium with a money place of AU$21 million at quarter finish.
The DFS for the Manna challenge was accomplished in December, which World Lithium stated confirmed it as a long-life, economically strong improvement. The DFS outlines a post-tax web current worth of AU$472 million and an inner fee of return of 25.7 %, supported by aggressive prices, a 14 12 months mine life and just lately secured allowing milestones, positioning the challenge for a future funding resolution.
World Lithium ended the 12 months by signing a non-binding memorandum of understanding with the Southern Ports Authority to evaluate export choices for spodumene focus from the Manna lithium challenge. The settlement focuses on the potential cargo of as much as 240,000 tonnes per 12 months by means of the Port of Esperance.
World Lithium shares reached a 2025 excessive of AU$0.69 on December 28.
FAQs for investing in lithium
How a lot lithium is on Earth?
Whereas we do not understand how a lot whole lithium is on Earth, the US Geological Survey estimates that world reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are situated in Chile, and 5.7 billion MT are in Australia.
The place is lithium mined?
Lithium is mined all through the world, however the two international locations that produce essentially the most are Australia and Chile. Australia’s lithium comes from primarily hard-rock deposits, whereas Chile’s comes from lithium brines. Chile is a part of the Lithium Triangle alongside Argentina and Bolivia, though these two international locations have a decrease annual output.
Rounding out the highest 5 lithium-producing international locations behind Australia and Chile are China, Argentina and Brazil.
What’s lithium used for?
Lithium has many makes use of, together with the lithium-ion batteries that energy electrical autos, smartphones and different tech, in addition to prescription drugs, ceramics, grease, lubricants and heat-resistant glass. Nonetheless, it’s largely the electrical car business that’s boosting demand.
The best way to spend money on lithium?
These trying to get into the lithium market have many choices in terms of how one can spend money on lithium.
Lithium shares like these talked about above could possibly be an excellent possibility for traders within the house. Should you’re trying to diversify as an alternative of specializing in one inventory, there’s the World X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) targeted on the steel. Skilled traders may have a look at lithium futures.
In contrast to many commodities, traders can’t bodily maintain lithium as a result of its harmful properties.
The best way to purchase lithium shares?
Via the usage of a dealer or an investing service comparable to an app, traders can buy lithium shares and ETFs that match their investing outlook.
Earlier than shopping for a lithium inventory, potential traders ought to take time to analysis the businesses they’re contemplating; they need to additionally determine what number of shares shall be bought, and what worth they’re keen to pay. With many choices available on the market, it is important to finish due diligence earlier than making any funding choices.
It is also vital for traders to maintain their objectives in thoughts when selecting their investing technique. There are numerous elements to think about when selecting a dealer, in addition to when investing apps — a number of of those embody the dealer or app’s status, their price construction and funding fashion.
Don’t overlook to observe us @INN_Resource for real-time updates!
Securities Disclosure: I, Georgia Williams, maintain no direct funding curiosity in any firm talked about on this article.
From Your Website Articles
Associated Articles Across the Internet
![Get into Medical College [8 Effective Tips]](https://i1.wp.com/www.whitecoatinvestor.com/wp-content/uploads/2012/04/how-to-get-into-medical-school-img.jpg?w=360&resize=360,180&ssl=1 "Get into Medical College [8 Effective Tips]")
