What legends and lore are associated with lava stone? Like a volcano, you will sometimes undergo drastic disruptions in your life, and when that happens, lava stone is a natural ally. It is said to aid in situations where you need to find stability amidst the uncertainty. When your strength and courage are failing, lava stone can help you shore up your battered defenses and find a way forward. It is also reputed to benefit your health and energy levels. It is strongly associated with the elements Earth and Fire, and is an excellent stone for grounding.