4 popular ASX lithium shares going gangbusters on Tuesday

MotleyFool11-12

Four popular ASX lithium shares are having a cracking day on Tuesday with up to 11% share price gains. The star performers among the ASX lithium producers today are as follows: Latin Resources Ltd ...

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The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd ...</p>\n\n<a href=\"https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 popular ASX lithium shares going gangbusters on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 popular ASX lithium shares going gangbusters on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-12 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Four popular ASX lithium shares are having a cracking day on Tuesday with up to 11% share price gains.  The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd ...</p>\n\n<a href=\"https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/","article_id":"2482123787","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482123787","pubTimestamp":1731382786,"columns":[],"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Four popular ASXlithiumshares are having a cracking day on Tuesday with up to 11% share price gains.  The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd  shares are up 10.81% to 21 cents  Sayona Mining Ltd shares are up 6.45% to 3.3 cents  Liontown Resources Ltd shares are up 4.76% to 88 cents  Pilbara Minerals Ltd shares are up 4.22% to $3.09  We're also seeing modest gains for some other ASX lithium stocks today.  At the time of writing, Core Lithium Ltd shares are up 2% to 10 cents, and IGO Ltd is up 1.25% to $5.27. The Arcadium Lithium CDI  share price is also up 0.74% to $8.14.  These share price gains are even more impressive when you consider that the S&P/ASX All Ordinaries Index  is down 0.3% today.  What's driving these 4 ASX lithium shares higher?None of these four top-performing ASX lithium shares have official announcements in the market today.  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The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd (ASX: LRS) shares are up 10.81% to 21 cents  Sayona Mining Ltd (ASX: SYA) shares are up 6.45% to 3.3 cents  Liontown Resources Ltd (ASX: LTR) shares are up 4.76% to 88 cents  Pilbara Minerals Ltd (ASX: PLS) shares are up 4.22% to $3.09  We're also seeing modest gains for some other ASX lithium stocks today.  At the time of writing, Core Lithium Ltd (ASX: CXO) shares are up 2% to 10 cents, and IGO Ltd (ASX: IGO) is up 1.25% to $5.27. The Arcadium Lithium CDI (ASX: LTM) share price is also up 0.74% to $8.14.  These share price gains are even more impressive when you consider that the S&P/ASX All Ordinaries Index (ASX: XAO) is down 0.3% today.  What's driving these 4 ASX lithium shares higher?  Several US-listed lithium stocks rallied overnight, so this may be behind local moves northwards today.  Albemarle Corporation (NYSE: ALB) shares rose 9.57% to $110.49 per share overnight.  Sociedad Quimica y Minr de Chile SA (NYSE: SQM) rose 4.15% to $38.19.  US lithium small-cap share Lithium Americas Corp (NYSE: LAC) lifted 7.91% to $4.23.  My colleague James also surmises that today's buying may indicate that investors think these four ASX lithium shares have been oversold in recent months and are now rebounding.  Check this out:   Latin Resources shares are down 19% over the past six months and up 1% over the past month Sayona Mining shares are down 20% over the past six months and up 7% over the past month  Liontown shares are down 37% over the past six months and up 5% over the past month Pilbara Minerals shares are down 25% over the past six months and up 7% over the past month  China stimulus likely to benefit ASX lithium shares, says expert  As we recently reported, Janus Henderson's Darko Kuzmanovic thinks China's recent stimulus measures — and any more to come — are likely to benefit lithium shares more than iron ore and coal stocks.  He thinks ASX lithium shares \"look oversold\" amid a short-term global oversupply, and \"we're seeing a bottom as far as the commodity prices is concerned\". Kuzmanovic explained his views:  China is undertaking a shift away from urbanisation spend to higher-value manufacturing, which you can see in its battery manufacturing for electric vehicles and building its own superconductor chips – so it's deploying more innovation technology to its next phase of economic growth. The implications of that are bulk commodities like iron ore won't have the demand they've had in the past, but things like copper, nickel and other battery materials will have demand drivers going forward.  Is there any news from these 4 ASX stocks today?  None of these four top-performing ASX lithium shares have official announcements in the market today.  Liontown's share price rise comes amid top broker Citi downgrading the stock to a sell rating with a 12-month share price target of 75 cents. You can find out why here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482123787"}