List of Leading Lithium Stocks Around the World for the Year 2025
The lithium market is currently experiencing a period of complexity, as prices continue to decrease and oversupply looms, according to Fastmarkets' head of battery raw materials, Paul Lusty. Despite these challenges, the structural case for lithium offers opportunities for long-term focused investors.
In Q2 2025, lithium prices continued to decrease, with battery-grade lithium carbonate hitting a four-year low of US$8,329 per metric ton in late June. This downward trend was also seen in lithium hydroxide, due to oversupply and bearish sentiment in the market.
However, despite the market volatility, some lithium stocks are seeing share price gains. In Canada, NOA Lithium Brines (TSXV:NOAL) and Wealth Minerals (TSXV:WML) are among the top-performing lithium stocks, with year-to-date gains of 58.82 percent and 40 percent respectively. NOA Lithium is working to advance its flagship Rio Grande project in Argentina's Lithium Triangle region, while Wealth Minerals is focused on the acquisition and development of lithium projects in Chile.
In Australia, Jindalee Lithium (ASX:JLL) is another top performer, with a year-to-date gain of 123.26 percent and a market cap of AU$35.94 million. The company was declared a Fast-41 Transparency Project by the US Trump administration for its McDermitt lithium project on the Oregon-Nevada border, and has signed partnerships to supply ore for lithium refining in the US.
In the United States, major lithium-related companies to watch include Albemarle Corporation, a global leader in lithium production with innovative extraction methods, Exxon Mobil, and QuantumScape, the latter focusing on advanced solid-state lithium-metal batteries.
Anson Resources (ASX:ASN) is another Australian company seeing success, with a year-to-date gain of 57.14 percent and a market cap of AU$145.61 million. The company recently completed a DLE pilot program with Koch Technology Solutions, producing 43,000 gallons of lithium chloride eluate.
Liontown Resources (ASX:LTR) is another top performer, with a year-to-date gain of 75.47 percent and a market cap of AU$2.34 billion. The company recently transitioned from open-pit to underground mining operations at Kathleen Valley, producing over 300,000 wet metric tonnes of spodumene concentrate during its first 11 months of operations.
In addition to these companies, Lithium Americas (NYSE:LAC) is developing its flagship Thacker Pass project in Northern Nevada, US, a joint venture between Lithium Americas and General Motors. Sociedad Química y Minera (NYSE:SQM) is a major global lithium producer, with operations centered in Chile's Salar de Atacama.
Despite the near-term headwinds, the long-term fundamentals remain strong, including the global energy transition, AI expansion, and climate change mitigation. Some lithium stocks are seeing share price gains, with the top-gaining lithium companies in Canada, Australia, and the US being profiled in this article.
However, it is important to note that mined supply has outpaced consumption, with Fastmarkets forecasting a 260,000 metric ton surplus for 2025. This oversupply could continue to put pressure on lithium prices in the near term.
In conclusion, the lithium market is currently navigating a period of complexity, but the long-term outlook remains positive due to the ongoing demand for electric vehicle (EV) batteries and clean energy technologies. Investors should carefully consider the risks and opportunities in the lithium market before making investment decisions.
- Some industry players in the finance sector are closely watching the performance of lithium stocks, as top-gaining lithium companies in countries like Canada, Australia, and the US are showing positive trends.
- Energy demand for electric vehicle (EV) batteries and clean energy technologies is driving the long-term outlook for the lithium industry, despite near-term challenges such as oversupply and declining prices.
