
Lithium shares are back in favour on Wednesday, with several ASX-listed producers and developers posting strong gains.
A rebound in lithium carbonate prices and improving sentiment across the battery materials space appear to be driving renewed buying interest.
Here are 3 lithium stocks that are going gangbusters today.
Liontown Ltd (ASX: LTR)
The Liontown share price is up 8.95% to $1.978 in late afternoon trade.
That takes its gain to roughly 16% over the past week, marking an impressive short-term recovery for the Kathleen Valley developer.
Liontown is one of the ASX’s largest pure-play lithium names, with its flagship Kathleen Valley project in Western Australia moving toward production. After a volatile 2025, investors appear to be repositioning as lithium prices show signs of stabilising.
Spot lithium carbonate prices in China have rebounded sharply in recent weeks, climbing back above CNY 150,000 per tonne. While still well below the 2022 highs, the recovery has been enough to reignite optimism across the sector.
With a market capitalisation of $6.26 billion and significant institutional support, Liontown is widely regarded as a key indicator of lithium sector sentiment on the ASX.
Core Lithium Ltd (ASX: CXO)
Core Lithium shares are also enjoying a strong session.
The Core Lithium share price is up 6.52% to 24.5 cents, extending its weekly gain to approximately 25%.
Core owns the Finniss Lithium Operation near Darwin. After facing operational and pricing headwinds during the lithium downturn, the company has been focused on cost management and balance sheet strength.
As lithium prices recover, Core’s share price can move more aggressively as sentiment improves. And on the back of this, investors appear to be rotating back into smaller-cap lithium stocks as confidence builds around a potential sector recovery.
Lake Resources N.L. (ASX: LKE)
Rounding out the trio is Lake Resources.
The Lake Resources share price is up 7.90% today. Over the past week, shares have surged around 21%.
Lake is developing the Kachi Lithium Project in Argentina and has positioned itself as a direct lithium extraction hopeful. Like many pre-production developers, its share price has been highly sensitive to changes in lithium pricing and investor risk appetite.
While the project remains in development, improving sector sentiment is clearly driving strong short-term share price momentum.
Why lithium shares are moving
The common factor behind today’s gains is lithium pricing.
After falling sharply through 2023 and 2024, lithium carbonate prices have rebounded in early 2026. Improving electric vehicle demand expectations, policy support in China, and supply discipline from producers have contributed to the recovery.
Lithium shares tend to respond quickly to changes in pricing, particularly among producers and developers with higher exposure to spot markets.
If prices continue to stabilise or move higher, sentiment across the sector could remain supportive in the near term.
The post Why these 3 ASX lithium shares are charging higher today appeared first on The Motley Fool Australia.
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Motley Fool contributor Aaron Teboneras 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 Scott Phillips.