The last couple of months have been good for Pilbara Minerals Limited (ASX: PLS) shareholders.
The Pilbara Minerals share price has doubled since late August to close on Tuesday at $0.75c.
And for shareholders it seems there is more good news as the company has announced it has received the final environmental approval needed to complete construction of its processing and ancillary plant at the Pilgangoora Project in north Western Australia.
All other key environmental and regulatory approvals were secured earlier this year, clearing the way for the start of major site construction works, according to Pilbara Minerals.
It was another good announcement following the company's recent deal with China's Great Wall Motors Company which helped spark investor interest.
And as Australia takes strides to secure its place in the global lithium industry, with plans to build one of the biggest lithium plants in the world near Perth, the future looks bright for those in the lithium game.
The Galaxy Resources Limited (ASX: GXY) share price has doubled since June to close on Tuesday at $3.14.
And Orocobre Limited (ASX: ORE) shares closed on Monday at $4.95, up from $3.07 in early August.
Many have done well from the lithium stocks, including those with shares in global investment managers Janus Henderson Group (ASX: JHG), as it appears to have cashed in on Orocobre stock.
The investment manager has been selling millions of dollars in Orcobre shares since mid-September, according to an ASX announcement.
Perhaps it is time to get out of lithium.
The share prices of Australia's lithium companies have been doing well on the back of news suggesting moves towards cleaner energy by governments around the world amid an already strong market for lithium, a key battery making ingredient.
But while the true extent of global lithium supply remains unknown and new methods are continually being developed to improve lithium recycling capacities as producers rush to tap new deposits, there is a lot of uncertainty.
