Three ASX Lithium Stocks to Watch Right Now




Derived from the Greek word ‘lithos’, lithium is one of the lightest alkali metals and highly reactive elements. It is extracted from mainly two sources- ore mining and salt desserts. Australia is the primary source of ore-mined lithium worldwide. In fact, according to various news sources, the demand for lithium has hit high records. Therefore, investing in ASX Lithium stocks can be a good option.

If you are also planning to invest in ASX lithium stocks, you can watch the companies mentioned below:

1. Australasian Metals Limited (ASX: A8G)


Founded in 2018, Australasian Metals Limited (A8G) is a diversified mineral explorer with highly prospective projects spread across premium mining jurisdictions of Australia. The company had significant exposure to gold, lithium, and other precious metals through its projects portfolio.

Since its inception, the company has been committed to identifying and exploring gold, lithium and base metals projects in Australia. With a market capitalisation of $13.03 Million, A8G is one of the ASX Lithium Companies to watch right now.

2. Ardiden Ltd (ASX: ADV)


Listed on ASX in 2005, Ardiden Ltd is an exploration company focused on creating shareholders by building a significant gold resource. Its headquarter is situated in Ventnor Avenue, West Perth, WA, Australia.

With a market capitalisation of $24.015 Million, Ardiden Ltd (ASX: ADV) is another company you can watch right now.

3. Arrow Minerals Ltd (ASX: AMD)


Based out of Australia, Arrow Minerals Ltd is a mineral exploration company focused on the exploration of nickel, gold, and lithium in Western Australia. With a market capitalisation of $8.135 Million, Arrow Minerals is an excellent alternative to watch right now.

Final Words:
The mentioned companies are not investment suggestions and are listed just to provide information to help you make a better decision. Perform your own research while investing in ASX Lithium stocks.

Stay in touch to get regular updates related to the Australian Stock Market.

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