Best ASX Mining & Lithium Stocks to Invest In
AI-curated Mining & Lithium stock ideas for the Australian (ASX) market, each with a buy signal, future-value target and a short thesis. Refreshed every weekday from end-of-day data.
20 picks · prices as of close 2026-10-27
PLS Group Limited
Leading lithium producer with restart potential, improving lithium outlook, and multiple broker buy ratings.
▸Bell Potter upgraded to buy; Ngungaju restart supports cash-flow recovery.
Mineral Resources Limited
Diversified mining exposure with lithium leverage, operational catalysts, and substantial broker-identified recovery potential.
▸Morgans upgraded to buy with a $65 target.
Liontown Limited
Kathleen Valley ramp-up and takeover interest could drive a significant lithium-sector rerating.
▸Bell Potter reiterated buy; production ramp-up remains the key catalyst.
Core Lithium Ltd
High-volume lithium recovery candidate with broker upgrade and material upside if production restarts successfully.
▸Ord Minnett upgraded shares to buy with a $0.34 target.
Elevra Lithium Limited
Large-scale lithium developer offering substantial valuation upside on project advancement and improving lithium prices.
▸UBS upgraded to buy with a $9.10 target.
BHP Group Limited
Highly liquid diversified miner providing resilient cash flows and leveraged exposure to recovering bulk commodities.
▸Institutional-quality diversification and commodity-cycle recovery potential.
Rio Tinto Group
Global diversified miner with strong balance sheet, iron ore exposure, and expanding critical-minerals optionality.
▸Large-cap institutional accumulation and diversified commodity exposure.
Fortescue Ltd
High-yield iron ore producer with strong liquidity and potential benefit from improving China-linked commodity sentiment.
▸Yield support and positive iron ore recovery sensitivity.
IGO Limited
Nickel and lithium exposure offers recovery leverage as battery-material prices and production expectations improve.
▸Battery-material recovery optionality and cost-reduction initiatives.
Allkem Limited
Diversified lithium producer with scale, project growth, and potential upside from stronger lithium pricing.
▸Production growth and lithium-price recovery provide near-term rerating catalysts.
Sayona Mining Limited
North American lithium producer with restart and ramp-up upside if market conditions continue improving.
▸Operational ramp-up remains the decisive catalyst.
Azure Minerals Limited
High-grade copper and lithium exploration portfolio offers meaningful discovery and development optionality.
▸Exploration results and project advancement could trigger valuation uplift.
Chalice Mining Limited
Large critical-minerals discovery provides substantial upside if exploration and permitting milestones progress.
▸UBS reiterated buy with a $2.10 target.
Renascor Resources Limited
Integrated graphite project exposure benefits from battery demand and potential strategic-government support.
▸Financing and offtake milestones are key valuation catalysts.
Livium Ltd
Battery-recycling and lithium-processing optionality offers speculative upside despite weak recent price momentum.
▸Technology commercialization is the primary catalyst.
Marquee Resources Limited
Copper-gold exploration exposure could benefit from strong metals prices and successful drilling results.
▸Upcoming drilling results may provide momentum.
Genesis Minerals Limited
Growing Australian gold producer with production expansion and supportive gold-price momentum.
▸Production growth and elevated gold prices support earnings momentum.
Evolution Mining Limited
Large liquid gold producer with improving output, strong gold prices, and operating leverage.
▸Gold-price strength and production execution are positive near-term drivers.
Northern Star Resources Limited
Premium Australian gold producer with scale, growth projects, and strong leverage to bullion prices.
▸Institutional-quality scale and strong gold-price momentum.
South32 Limited
Diversified exposure to copper, aluminium, manganese, and energy-transition metals supports cyclical recovery potential.
▸Copper exposure and portfolio restructuring support potential rerating.