Lithium traded flat at 73,550 CNY/T on September 30, 2025. Over the past month, Lithium's price has fallen 7.67%, and is down 3.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium - values, historical data, forecasts and news - updated on October of 2025.

In 2022, the average price of battery-grade lithium carbonate stood at ****** U.S. dollars per metric ton. This figure is by far the highest price for battery-grade lithium carbonate recorded in the period of consideration. For 2024, lithium carbonate price was estimated at ****** U.S. dollars per metric ton. Lithium is a highly reactive soft and silvery-white alkali metal. As the third element in the periodic table, it cannot be found in its pure form in nature. Lithium is the least dense of solid elements and the lightest out of all metals. Lithium and batteries One of lithium’s most well-known end uses is in lithium-ion batteries. Lithium-ion batteries are rechargeable and mostly used in portable electronics and electronic vehicles. In lithium-ion batteries, the lithium ions move from the negative electrode to positive electrode while in use, and the process is reversed while charging. These batteries are highly flammable but are also low-maintenance. They have a high energy density and a low self-discharge. Some drawbacks include the fact that they are expensive to manufacture, and that they require protection circuits to maintain the voltage safely. Lithium-ion batteries are also the single-largest end use of lithium, amounting to an ** percent share of global lithium consumption in 2024. Lithium demand forecasts Looking to the future, lithium demand is forecast to stand at *** million tons by 2025. This growth will be mainly driven by lithium-ion battery demand for electric vehicles. Demand is expected to remain the highest in China, which will consistently account for half of global lithium-ion battery demand.

Explore the factors influencing the global lithium commodity price, a vital component in clean energy and technology sectors, amidst market volatility, geopolitical influences, and technological advancements in battery production.

Lithium Carbonate Spot Trading Platform Market Outlook

According to our latest research, the global lithium carbonate spot trading platform market size reached USD 1.86 billion in 2024, reflecting the burgeoning demand for transparent and efficient trading mechanisms in the lithium supply chain. The market is poised to expand at a robust CAGR of 13.4% from 2025 to 2033, with a projected value of USD 5.57 billion by 2033. This surge is primarily fueled by the exponential growth in lithium-ion battery production, rising adoption of electric vehicles, and increasing interest in digital commodity trading platforms.

The primary growth driver for the lithium carbonate spot trading platform market is the accelerating demand for lithium-ion batteries, particularly within the electric vehicle (EV) and renewable energy sectors. As governments worldwide set ambitious targets for carbon neutrality and electrification of transportation, the need for efficient, transparent, and real-time lithium carbonate trading has become paramount. Spot trading platforms offer market participants instant price discovery, reduced transaction times, and improved liquidity, thereby enabling battery manufacturers and other end users to secure critical raw materials more effectively. Furthermore, the volatility in lithium prices and the need for hedging strategies have made real-time trading platforms an essential tool for risk management and supply chain optimization.

Another significant growth factor is the ongoing digital transformation of commodity trading. Traditional lithium trading methods, often characterized by opaque pricing and limited market access, are being supplanted by digital platforms that leverage advanced analytics, blockchain technology, and automated trading algorithms. These innovations are fostering a more competitive and accessible market environment, attracting not only established industry players but also new entrants and financial institutions. As a result, the lithium carbonate spot trading platform market is experiencing rapid technological advancements, with platforms offering sophisticated features such as smart contracts, real-time analytics, and customizable trading interfaces to cater to diverse user requirements.

The increasing complexity of global lithium supply chains is also propelling the adoption of spot trading platforms. With lithium carbonate sourced from various regions and processed through multiple intermediaries, stakeholders require agile and secure platforms to manage transactions, verify provenance, and ensure regulatory compliance. The integration of decentralized and hybrid trading models is addressing these needs by offering enhanced transparency, traceability, and security. This, in turn, is driving greater confidence among buyers and sellers, stimulating market participation, and supporting the overall growth of the lithium carbonate spot trading platform market.

Regionally, the Asia Pacific market dominates due to its leadership in battery manufacturing and electric vehicle production, particularly in China, Japan, and South Korea. North America and Europe are also witnessing substantial growth, propelled by investments in EV infrastructure and renewable energy projects. Latin America, as a major lithium-producing region, is increasingly leveraging spot trading platforms to connect with global buyers, while the Middle East & Africa is gradually emerging as a strategic market for future expansion. The regional outlook underscores the global interdependence of lithium supply chains and the pivotal role of digital trading platforms in facilitating cross-border transactions and fostering market integration.

Platform Type Analysis

The lithium carbonate spot trading platform market is segmented by platform type into centralized platforms, decentralized platforms, and hybrid platforms. Centralized platforms currently hold the largest market share, attributed to their established infrastructure, regulatory oversight, and robust security protocols. These platforms act as trusted intermediaries, providing

Why did the Lithium Carbonate Price Change in July 2025? The Lithium Carbonate Price Index in the U.S. averaged USD 9,357/MT DDP USGC in Q2 2025, continuing a downward trajectory from earlier in the year as battery producers curtailed spot purchases.

Lithium ETF stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

When comparing global mineral commodity prices in the first half of 2023 (H1 2023) versus H1 2019, the overall prices of many prominent mineral commodities increased significantly. Most significantly during that timeframe, the price of lithium carbonate increased by more than *** percent. The prices for cobalt and palladium, however, only increased by ***** percent over that timeframe.

Snapshot img

Lithium Market Size 2023-2027

The lithium market size is valued to increase by 1066.47 thousand t, at a CAGR of 25% from 2022 to 2027. Surge in demand from diversified applications will drive the lithium market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 70% growth during the forecast period.
By Application - Batteries segment was valued at USD 148.29 thousand t in 2021
By Product - Carbonate segment accounted for the largest market revenue share in 2021

Market Size & Forecast

Market Opportunities: USD 513.91 thousand t
Market Future Opportunities: USD 1066.47 thousand t
CAGR from 2022 to 2027: 25%

Market Summary

Lithium, a lightweight metal with exceptional electrochemical properties, occupies a pivotal position in the global energy transition. The market's expansion is underpinned by its increasing demand in various sectors, including batteries for electric vehicles (EVs) and renewable energy storage systems. According to the latest market intelligence, the market was valued at approximately USD 16.7 billion in 2020, signaling a significant growth trajectory. Key drivers fueling this trend include advancements in battery technology, stringent environmental regulations, and the increasing adoption of EVs. Moreover, the expanding renewable energy sector, particularly wind and solar, is expected to contribute substantially to the market's growth.
However, challenges remain, such as the rise in availability of substitute products, including nickel-manganese-cobalt (NMC) and lithium-ion phosphate (LFP) batteries, and the need for sustainable and ethical sourcing practices. To meet the escalating demand, major players are investing in capacity expansions. For instance, Albemarle Corporation, a leading lithium producer, announced plans to double its production capacity by 2025. Similarly, Ganfeng Lithium, the world's largest lithium producer, aims to boost its output by 50% by 2023. These efforts will not only cater to the growing demand but also ensure a stable supply chain for the industry. In conclusion, the market's evolution is shaped by its diverse applications, growing demand, and investments in capacity expansions.
Despite challenges, the market is poised for continued growth, driven by the global shift towards sustainable energy sources and the increasing adoption of electric vehicles.

What will be the Size of the Lithium Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Lithium Market Segmented ?

The lithium industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD thousand t' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Application

  Batteries
  Ceramics and glass
  Grease
  Polymer
  Others


Product

  Carbonate
  Hydroxide
  Metal
  Chloride
  Others


Source

  Brine
  Hardrock


End-user Industry

  Automotive
  Electronics
  Energy Storage
  Aerospace
  Industrial
  Healthcare
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The batteries segment is estimated to witness significant growth during the forecast period.

The market is experiencing continuous evolution, with the batteries segment leading the way due to surging demand from electric vehicles (EVs), consumer electronics, and grid-scale energy storage applications. Lithium-ion batteries, renowned for their high energy density, low weight, and size, are at the forefront of this growth. Government regulations and subsidies for EVs further fuel market expansion. By 2025, the lithium-ion battery market is projected to grow significantly, driven by the escalating need for these batteries in the EV industry and the declining costs of battery technology. Advanced electrode manufacturing techniques, fast charging capabilities, and battery cell design innovations are shaping the future of lithium-ion batteries.

Request Free Sample

The Batteries segment was valued at USD 148.29 thousand t in 2017 and showed a gradual increase during the forecast period.

Material science advancements, including battery safety standards, electrolyte formulation, and cathode material composition, are also crucial to enhancing battery performance and longevity. For instance, cycle life testing, impedance spectroscopy, and x-ray diffraction analysis are essential for understanding battery degradation mechanisms and improving battery production processes. With a focus on energy storage systems integration, battery pack assembly, and battery management systems, the

Cobalt traded flat at 35,000 USD/T on September 29, 2025. Over the past month, Cobalt's price has risen 4.99%, and is up 44.03% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on October of 2025.

Lithium Americas Corp.'s strong market position, expansion plans, and favorable industry tailwinds suggest continued growth. However, supply chain disruptions, commodity price fluctuations, and geopolitical risks pose uncertainties that could impact revenue and profitability.

According to Cognitive Market Research, the global Lithium-ion Battery Materials market size is USD 40.8 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 22.3% from 2024 to 2031. Market Dynamics of Lithium-ion Battery Materials Market

Key Drivers for Lithium-ion Battery Materials Market

Increasing Technological Advancements and Research Investments - Ongoing research and development efforts in the battery technology are driving innovations in lithium-ion battery materials. Investments in improving energy density, reducing costs, enhancing safety features, and increasing the lifespan of batteries are significant factors. Advancements in nanotechnology, material science, and manufacturing processes are enabling the development of next-generation battery materials with superior performance characteristics. Companies and research institutions are also focusing on developing recyclable and environmentally friendly materials to address sustainability concerns and comply with regulatory requirements.
The supportive government policies and incentives are anticipated to drive the Lithium-ion Battery Materials market's expansion in the years ahead.

Key Restraints for Lithium-ion Battery Materials Market

The high production costs associated with lithium-ion battery materials limit the Lithium-ion Battery Materials industry growth.
The market also faces significant difficulties related to supply chain vulnerabilities.

Introduction of the Lithium-ion Battery Materials Market

Lithium-ion Battery Materials Market is pivotal in enabling the global transition towards sustainable energy storage solutions. It encompasses a diverse array of materials essential for the production of lithium-ion batteries, including cathodes, anodes, electrolytes, and separators. These materials plays an critical role in determining the performance, lifespan, and safety of batteries used in applications ranging from electric vehicles and consumer electronics to renewable energy storage systems. Key materials like lithium, cobalt, nickel, and graphite are central to battery chemistry advancements aimed at improving energy density, charging speeds, and cycle life. The market is fueled by the surging demand for electric vehicles, grid-scale energy storage, and portable electronics, emphasizing the need for efficient, cost-effective battery solutions. However, challenges such as raw material supply chain constraints, environmental concerns related to mining, and fluctuating commodity prices pose significant barriers. Nonetheless, ongoing research and development efforts are enhancing material efficiency and sustainability, promising continued growth and innovation in the lithium-ion battery materials sector.

The futures price of cobalt ranged between ****** and ****** U.S. dollars per metric ton between August 2019 and May 2024. The impact of the COVID-19 crisis can be appreciated between March and July 2020, when cobalt futures prices dropped to around ****** U.S. dollars per metric ton. The first significant increase in this figure following the beginning of the pandemic was in August 2020, followed by a generalized increase throughout 2021 to the reach a peak of ****** U.S. dollars in March 2022. Futures vs. Spot prices Futures prices are delineated in futures contracts, which allow buying or selling a commodity at a predetermined price and date, helping investors forecast the market through futures prices. Almost ** billion futures contracts were traded worldwide in 2022. In comparison, spot prices indicate the current cost of buying a commodity. For example, the average cobalt spot price in the United States was ** U.S. dollars per pound in 2022. Cobalt in battery production Cobalt is a primary component of producing batteries, particularly lithium-ion batteries, used in various electronic devices, especially electric vehicles (EVs). EV batteries require a specific amount of cobalt, while conventional vehicles do not. With an increasing demand for lithium-ion batteries in EVs as the EV industry advances, the global cobalt market volume is expected to increase continuously by 2025.

Why did the Lithium Hydroxide Price Change in July 2025? The Lithium Hydroxide Spot Price Index in the U.S. dropped by 3.2% in Q2 2025, with prices declining to USD 8,600/MT by the end of June.

Get the latest insights on price movement and trend analysis of Lithium Carbonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The global energy storage lithium-ion battery market is experiencing robust growth, driven by the increasing demand for renewable energy integration, the proliferation of electric vehicles (EVs), and the expansion of grid-scale energy storage projects. The market, currently valued at approximately $50 billion (a reasonable estimate based on typical market sizes for rapidly growing technology sectors), is projected to achieve a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market size exceeding $150 billion by 2033. Key application segments include power systems (e.g., backup power for critical infrastructure), communication networks (e.g., powering base stations), and new energy vehicles (NEVs), which collectively account for a significant portion of market demand. Battery capacity segments are also diverse, with 100Ah and 280Ah capacities currently dominating but larger capacity solutions experiencing rapid growth to meet the needs of grid-scale energy storage. The market's expansion is fueled by government incentives promoting clean energy adoption, falling battery production costs, and advancements in battery technology, leading to enhanced energy density, lifespan, and safety. However, challenges persist. The market faces constraints including the supply chain limitations of critical raw materials like lithium and cobalt, fluctuating commodity prices impacting manufacturing costs, and concerns surrounding battery recycling and environmental impact. Geographical distribution of the market reveals strong growth across Asia Pacific (particularly China), North America, and Europe, reflecting the concentration of EV manufacturing and renewable energy infrastructure development in these regions. Leading companies like CATL, Samsung SDI, Panasonic, and LG Energy Solution are actively competing for market share, driving innovation and further reducing battery prices. This competitive landscape, combined with ongoing technological advancements and supportive government policies, will continue to shape the trajectory of the energy storage lithium-ion battery market in the coming years.

Il litio è sceso a 72.850 CNY/T l'11 settembre 2025, in calo del 2,34% rispetto al giorno precedente. Nel mese scorso, il prezzo del litio è diminuito del 6,60%, ma è ancora del 0,48% più alto rispetto all'anno precedente, secondo le negoziazioni su un contratto per differenza (CFD) che segue il mercato di riferimento per questa merce. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Litio - Contratto Future - Prezzi.

The battery metals market, valued at $46,770 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 16.6% from 2025 to 2033. This surge is primarily driven by the escalating demand for electric vehicles (EVs) across the globe, coupled with the increasing adoption of energy storage systems (ESS) in renewable energy applications. The rising concerns regarding climate change and the global push towards decarbonization are significant catalysts for this market expansion. Lithium, cobalt, and nickel are currently the dominant battery metals, although the market is also witnessing the growing utilization of copper and other emerging materials as technological advancements lead to improved battery chemistries and performance. The substantial investments in battery manufacturing facilities and research and development further contribute to the market's positive outlook. Geographic growth is expected to be widespread, with North America, Europe, and Asia-Pacific leading the charge due to robust government policies supporting EV adoption and a burgeoning renewable energy sector. Competition in the battery metals market is intense, with major players including SQM, Ganfeng Lithium Group, Albemarle, and Tianqi Lithium Corporation dominating the lithium segment. However, the market is characterized by both established players and emerging companies striving for market share. The industry is facing challenges related to supply chain bottlenecks, geopolitical risks impacting raw material sourcing, and fluctuating commodity prices. Nevertheless, the long-term outlook for battery metals remains bullish, fueled by the sustained growth of the electric vehicle and renewable energy sectors. Technological innovation, focused on improving battery efficiency, lifespan, and cost-effectiveness, will further shape market dynamics in the coming years. Diversification of sourcing strategies and the exploration of alternative battery chemistries will be critical for companies seeking long-term success in this dynamic and rapidly evolving market.

Nickel rose to 15,402.38 USD/T on October 3, 2025, up 0.93% from the previous day. Over the past month, Nickel's price has risen 0.93%, but it is still 13.98% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on October of 2025.

SQM's Q2 net profit plunged 59% to $88.4 million, reflecting significant pressure from falling lithium prices caused by market oversupply and tempered electric vehicle sales growth.

Rio Tinto is investing $2.5 billion in a new lithium mine in Argentina, supporting economic deregulation efforts and expanding its commodity portfolio amidst a global lithium price slowdown.