Shares of Liontown Resources (ASX:LTR) climbed over 2% in recent trading on Wednesday, while those of IGO (ASX:IGO) rose nearly 1%, both reaching their one-year peak, after spodumene prices hit a two-year high.
Spodumene prices jumped 7% to $1,535 per tonne on Tuesday, The Australian Financial Review reported, citing S&P Global Platts.
Shares of PLS Group (ASX:PLS) rose past 1%.