4 ASX Lithium Stocks Surging To 52 Week High.

A sharp rebound in lithium prices has reignited interest in the sector and these ASX listed companies have surged to fresh 52-week highs as investors return with renewed confidence.

Pilbara Minerals Limited (ASX: PLS)

Pilbara Minerals Limited had a good start to FY26 by keeping up steady production and cutting down costs while making its spot stronger in the global lithium market.
The company produced around 224,800 tonnes of spodumene concentrate In the September 2025 quarter which grew by2% from the last quarter with an average realised price of around US$742 per tonne, a 24% jump from the previous quarter. 

Total group revenue grew by 30% to $251 million and by the end of the quarter, cash balance was $852 million and the company also holds $625 million in undrawn credit lines. 
PLS is in a good position to take advantage of the next lithium cycle with its strong portfolio, top-quality assets and smart downstream investments.

Liontown Resources Limited (ASX: LTR) 

Liontown Resources Limited is going through a key phase as it shifts fully to underground mining at its main Kathleen Valley Lithium Project.
It produced around 87,172 dry metric tonnes of spodumene concentrate In the September 2025 quarter and revenue was $68 million while the company held a solid cash balance of around $420 million.

Benchmark Minerals Intelligence expects energy storage systems to make up around 25% of total lithium demand growth by 2029 which gives Liontown another solid growth engine for future.
With its underground work picking up and more flexibility in offtake deals, Liontown Resources is aiming to cut costs and lift production volumes in FY26.

Core Lithium Limited (ASX: CXO) 

Core Lithium Limited is trying to bring its Finniss Lithium Project in Northern Territory back on track for a profitable restart.
It had to suspend operations back in 2024 when lithium prices dropped but after that the company did a Restart Study in May 2025 which extended mine life to almost 20 years and the study helped in cutting mining costs by around 40% and processing costs by 33%.

In FY25 the company also made good operational and financial progress like taking full ownership of all site infrastructure, ending old offtake contracts and growing total Ore Reserves by 42% to 15.2Mt after the Carlton deposit upgrades.

The quarterly cash flow report shows that the company had a net operating cash outflow of about $12.45 million in the September 2025 quarter and around $35.9 million cash helped by a $50 million placement.

IGO Limited (ASX: IGO) 

IGO Limited has started FY26 on a steady note by maintaining operational stability across its assets.
At Greenbushes, the company delivered a 57% EBITDA margin with spodumene prices holding firm at around US$730 per tonne even as production dipped 6% due to lower ore grades and heavy rainfall. 
At the Kwinana refinery, lithium hydroxide output rose 31% to 2.8kt reaching 46% of nameplate capacity and conversion costs dropped by 18% as production improved. 
Group underlying EBITDA was $19 million and positive free cash flow of $15 million lifted IGO’s cash position to $287 million.
The company continues to push forward with its growth pipeline including CGP3 at Greenbushes which remains on track for first ore by the end of calendar year 2025.

(Source: Company Reports)