5 Lithium Stocks Worth Monitoring on the ASX in December 2023

With the electric vehicle revolution in full swing, lithium has become the new gold, powering the batteries driving this clean energy transition. As demand skyrockets, the ASX lithium space is buzzing with potential. But with dozens of lithium companies vying for attention, which ones deserve a spot on your watchlist? We'll delve into the hottest stocks to watch out for.

5 Lithium Stocks To Watch Out For in 2024


Pilbara Minerals (ASX: PLS)

The undisputed heavyweight, Pilbara Minerals boasts a massive lithium spodumene project in Western Australia and partnerships with Tesla and Ganfeng Lithium. Their consistent production and strong financial performance make them a reliable bet in the lithium space.


Liontown Resources (ASX: LTR)

This rising star is rapidly developing its Kathleen Valley lithium project, projected to be one of the world's largest and lowest-cost spodumene producers. Their innovative processing technology and focus on sustainability make them a leader to watch.


Core Lithium (ASX: CXO)

Already producing lithium at their Finniss project in the Northern Territory, Core Lithium is poised for significant growth. Their high-quality lithium concentrate and strategic partnerships with leading battery makers position them for success.


Sayona Mining (ASX: SYA)

This explorer-developer boasts a diversified portfolio of lithium projects across Australia and Quebec. Their Manono rock lithium project in the DRC has the potential to be a game-changer, and their recent partnership with Piedmont Lithium adds further intrigue.


Vulcan Energy (ASX: VUL)

Taking a different approach, Vulcan Energy is pioneering lithium extraction from geothermal brines. Their Zero Carbon Lithium™ technology offers a sustainable and environmentally friendly alternative to traditional mining, making them a frontrunner in responsible lithium production.


Beyond the Big 5


These stocks are just a taste of the ASX lithium landscape. Do your own research and consider factors like project timelines, resource quality, management expertise, and market sentiment before making any investment decisions. Remember, the lithium space is volatile, so proceed with caution and diversification.


With the EV boom showing no signs of slowing down, ASX lithium stocks are likely to remain hot for years to come. So, buckle up, research diligently, and don't miss out on the potential this electrifying sector holds!


If you'd like to find out which Lithium stocks Sharewise is recommending clients, see here.




Disclaimer: This blog is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.

Subscribe to our newsletter

Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.

Is a Share Advisor

right for you?

Stock Spotlight: Ferrari NV (NYSE:RACE)

October 22, 2025
About Ferrari NV Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers sports, track, one-off, and road cars, as well as supercars. It also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello, Italy. Key Stats

Gold Hits Record Highs: What’s Driving the Surge and What It Means for Markets

October 20, 2025
With gold near record levels, discover what’s driving the rally and how it’s shaping global markets and investor behaviour.

Stock Spotlight: Amcor Plc (ASX:AMC)

October 17, 2025
About Amcor Plc Amcor plc, together with its subsidiaries, engages in the production and sale of packaging products in Europe, North America, Latin America, and the Asia Pacific. The company operates in two segments, Global Flexible Packaging Solutions and Global Rigid Packaging Solutions. The Global Flexible Packaging Solutions segment develops and supplies flexible packaging products, including polymer resin, aluminum, and fiber based flexible packaging products to the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Global Rigid Packaging Solutions segment manufactures rigid packaging containers, closures, dispensing and pharma devices, and related products for the food and beverage applications. The company sells its products through its direct sales force. The company was incorporated in 1926 and is headquartered in Zurich, Switzerland. Key Stats

Trump’s Post Triggered a $2 Trillion Market Slide

October 13, 2025
Heightened US–China trade tensions trigger a USD 2 trillion market sell-off. Explore the market fallout and the implications for investors.

Property Investing Without the Price Tag: How You Can Build Real Estate Exposure Through Markets

October 10, 2025
Explore ways to gaining real estate exposure via REITs, shares and ETFs without buying property.

Navigating the AI Bubble: Understanding Market Behaviour in a Transformative Era

October 9, 2025
A closer look at the AI boom: investor psychology, market behaviour, and lessons from past bubbles.

Stock Spotlight: Constellation Energy Corp (NASDAQ:CEG)

October 8, 2025
About Constellation Energy Corp Constellation Energy Corporation produces and sells energy products and services in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company offers electricity, natural gas, energy-related products, and sustainable solutions. It has approximately 31,676 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. The company serves distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Key Stats

Stock Spotlight: Cameco Corp (NYSE:CCJ)

October 3, 2025
About Cameco Corp Cameco Corporation provides uranium for the generation of electricity. It operates through three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, instrumentation and control equipment, and plant modification services, as well as components and parts to nuclear reactors. The company sells its uranium and fuel products and services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is based in Saskatoon, Canada. Key Stats

Stock Spotlight: Innovative Industrial Properties Inc. (NYSE:IIPR)

October 2, 2025
About Innovative Industrial Properties Inc. Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Key Stats

Fed Cuts Rates: What It Could Mean For Your Portfolio

September 18, 2025
The Federal Reserve delivers a 25-basis-point cut, aiming to balance slowing growth with stubborn inflation. What does it mean for equities across Australia and the US?