Lithium rose to 94,400 CNY/T on December 2, 2025, up 0.05% from the previous day. Over the past month, Lithium's price has risen 16.54%, and is up 20.64% 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 December of 2025.

In Q3 2025, USA, the Lithium Metal Price Index remained steady quarter-over-quarter, reflecting balanced trade scenarios. Check detailed insights for Europe and APAC.

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 dynamic fluctuations in lithium metal prices driven by rising demand for electric vehicles, technological advancements, geopolitical influences, and global supply chain factors. Understand key trends affecting this vital market through a detailed analysis of lithium price charts.

Explore the factors influencing the rising prices of lithium metal, a key component in electric vehicle batteries and energy storage solutions, driven by demand surges, supply constraints, and geopolitical issues.

7550 Global import shipment records of Lithium Metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

According to Cognitive Market Research, the global Lithium Metal market size was USD 5.1 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 11.9% from 2024 to 2031. Market Dynamics of Lithium Metal Market

Key Drivers for Lithium Metal Market

Increasing Demand for Electric Vehicles (EVs) and Energy Storage - Lithium metal is crucial for advancing battery technologies, especially in the context of electric vehicles (EVs) and energy storage systems. As global demand for EVs rises, driven by environmental concerns and government incentives, the need for high-performance lithium-metal batteries intensifies. These batteries provide higher energy density compared to traditional lithium-ion batteries, enabling longer driving ranges and faster charging times, thus driving adoption in the automotive sector. Similarly, in stationary energy storage, lithium metal's potential to increase energy density and reduce costs supports its role in storing renewable energy and balancing electricity grids.
The increasing industrial applications and aerospace are anticipated to drive the Lithium Metal market's expansion in the years ahead.

Key Restraints for Lithium Metal Market

The issues related to the dendrite formation and potential for thermal runaway hinder the Lithium Metal industry growth.
The market also faces significant difficulties related to high production costs.

Introduction of the Lithium Metal Market

Lithium Metal Market plays a pivotal role in the realm of advanced battery technologies, promising substantial improvements in energy density and performance compared to traditional lithium-ion batteries. Lithium metal, known for its high theoretical capacity and low electrode potential, is poised to revolutionize energy storage for electric vehicles, portable electronics, and grid-scale energy storage solutions. This market encompasses the extraction, refining, and application of lithium metal in various forms, including anodes for next-generation batteries. Despite its potential, the market faces challenges such as safety concerns related to dendrite formation and cost barriers associated with production and scaling. Ongoing research and development efforts focus on mitigating these challenges, aiming to enhance the safety, stability, and cost-effectiveness of lithium metal batteries. As demand for longer-lasting, more efficient energy storage solutions grows, the Lithium Metal Market stands at the forefront of innovation, driving advancements that could reshape the future of global energy storage and electrification initiatives.

After slowing down due to the COVID-19 pandemic, demand for metals grew dramatically in 2021. This led to inflation and an unprecedented increases in their prices. Metals such as lithium and cobalt, needed for the production of batteries, were among the best performers in 2021, with a price return of around *** and *** percent, respectively. On the other hand, the prices of palladium and iron ore decreased by ** and ** percent, respectively.

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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?

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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.

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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

The global lithium metal material market is experiencing robust growth, driven by the escalating demand for lithium-ion batteries in electric vehicles (EVs), energy storage systems (ESS), and portable electronics. The market size in 2025 is estimated at $5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant expansion is fueled by several key factors, including the global transition to renewable energy sources, increasing government incentives for EV adoption, and advancements in battery technology leading to higher energy density and longer lifespan. The automotive sector is the dominant application segment, accounting for a significant portion of the market share, followed by the energy storage and electronics industries. Growth is also significantly influenced by the development of sustainable lithium extraction techniques and the exploration of new lithium resources, particularly in regions like South America and Australia. Despite the positive outlook, the market faces certain restraints. Fluctuations in lithium prices due to supply chain disruptions and geopolitical factors can impact market growth. Environmental concerns surrounding lithium mining and processing, including water consumption and habitat destruction, are also gaining prominence and are prompting the industry to adopt more sustainable practices. Furthermore, competition from alternative battery technologies, such as solid-state batteries, presents a long-term challenge. However, the continued rise in demand for electric vehicles and energy storage solutions is expected to offset these challenges, maintaining a strong positive trajectory for the lithium metal material market throughout the forecast period. The segment comprising salt lake brine extraction is projected to retain a significant market share due to its cost-effectiveness and relatively high lithium concentration. Key players such as Ganfeng Lithium, Albemarle Corporation, and Tianqi Lithium Industries are actively investing in expanding their production capacities and exploring new technologies to maintain a competitive edge.

Discover the booming high-purity lithium metal market forecast to 2033! This in-depth analysis reveals key drivers, trends, and restraints shaping this lucrative sector fueled by EV and energy storage growth. Explore market size, CAGR, top companies, and regional insights.

The industrial grade lithium metal market is experiencing robust growth, driven by the escalating demand for lithium-ion batteries in electric vehicles (EVs), energy storage systems (ESS), and portable electronics. The market size in 2025 is estimated at $2.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant growth trajectory is fueled by several key factors. The global shift towards renewable energy sources and the increasing adoption of EVs are primary drivers. Furthermore, advancements in battery technology, leading to higher energy density and longer lifespans, are further boosting demand. The market is segmented by purity level (Li%≥99.7%, Li%≥99.8%, Other) and application (organic lithium compounds, reduction & deoxidizing agents, pharmaceutical intermediates). The Li%≥99.8% segment holds a larger market share due to its superior performance in high-performance battery applications. Geographically, Asia-Pacific, particularly China, currently dominates the market due to its substantial manufacturing base for lithium-ion batteries and substantial EV production. However, North America and Europe are expected to witness considerable growth in the coming years, driven by government incentives and rising EV adoption rates. While supply chain constraints and price volatility of lithium pose challenges, the long-term outlook for the industrial grade lithium metal market remains extremely positive. The ongoing expansion of the EV sector globally is a major catalyst for sustained market growth. Continued government investments in renewable energy infrastructure and supportive policies for EV adoption are further enhancing the demand for lithium metal. Technological advancements in battery production are also improving efficiency and reducing costs, positively impacting the market's overall trajectory. Specific applications like organic lithium compounds are seeing a rise in usage within specialized industries, adding to the overall market diversity and growth. While competition among key players such as Ganfeng Lithium Group, Albemarle, and Livent is intense, it also fosters innovation and efficiency within the market. Continued focus on sustainable sourcing practices and responsible mining are key to ensuring the long-term viability and growth of this crucial material for the green energy transition. The market's continued growth is likely to attract further investments in research and development, leading to improved production methods and potentially more efficient utilization of lithium resources. This report provides a detailed analysis of the burgeoning industrial grade lithium metal market, projecting substantial growth driven by the explosive demand for lithium-ion batteries and other applications. We delve into market dynamics, key players, and future trends, offering invaluable insights for investors, industry professionals, and researchers. The report leverages detailed market research and analysis, estimating the global market value at $5 billion in 2023, projected to reach $15 billion by 2030.

7550 Global export shipment records of Lithium Metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global lithium metal and lithium compounds market is experiencing robust growth, driven primarily by the burgeoning electric vehicle (EV) industry's insatiable demand for lithium-ion batteries. This market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $150 billion by 2033. This substantial expansion is fueled by several key factors, including increasing government incentives for EV adoption, improving battery technology leading to higher energy density and longer lifespans, and growing awareness of climate change and the need for sustainable transportation solutions. Significant growth is anticipated across various lithium compounds, including lithium carbonate and lithium hydroxide, crucial components in battery manufacturing. While the battery segment dominates the application landscape, the ceramics and glass industries also contribute significantly to market demand. Geographical distribution shows a strong concentration in Asia-Pacific, particularly China, driven by its robust manufacturing base and extensive EV market. North America and Europe also represent considerable market segments, fueled by increasing EV adoption rates and government initiatives promoting renewable energy. However, the market's growth is not without challenges. Supply chain disruptions, geopolitical instability impacting lithium mining and processing operations, and price volatility of lithium raw materials present significant restraints. Furthermore, the environmental impact of lithium extraction and processing is becoming a growing concern, necessitating the development of more sustainable mining and refining techniques. The intense competition among major players like Albemarle, Ganfeng, SQM, and Tianqi Lithium further shapes market dynamics, influencing pricing and technological advancements. The industry's future trajectory depends heavily on addressing these challenges while continuing to capitalize on the substantial opportunities presented by the expanding EV market and the broader clean energy transition. The ongoing innovation in battery technology and the exploration of alternative lithium sources will also play a crucial role in determining the long-term growth prospects of this dynamic market.

Explore the growing importance of lithium hydroxide in the EV and electronics sectors, the role of the London Metal Exchange in pricing, and the influence of market dynamics on lithium futures contracts and investor opportunities.

The global battery-grade lithium metal market is experiencing robust growth, driven by the burgeoning demand for electric vehicles (EVs), energy storage systems (ESS), and portable electronics. The market, estimated at $15 billion in 2025, is projected to expand at a compound annual growth rate (CAGR) of 15% from 2025 to 2033, reaching approximately $50 billion by 2033. This significant expansion is fueled by several key factors. The increasing adoption of EVs worldwide, coupled with government initiatives promoting renewable energy and reducing carbon emissions, are major catalysts. Furthermore, advancements in battery technology, leading to higher energy density and improved performance, are driving demand for higher-purity lithium metal. The rising popularity of ESS for grid stabilization and backup power further strengthens market prospects. Competition among key players like Ganfeng Lithium Group, Albemarle, and Tianqi Lithium is intensifying, leading to innovation and price optimization. However, challenges remain. Fluctuations in lithium prices, driven by supply chain constraints and geopolitical factors, pose a significant risk. Moreover, environmental concerns related to lithium mining and processing are prompting calls for sustainable and responsible sourcing practices. The market's growth trajectory is also influenced by technological advancements in alternative battery chemistries, which could potentially impact the long-term demand for lithium-ion batteries. Despite these headwinds, the long-term outlook for the battery-grade lithium metal market remains positive, driven by the unwavering global push towards electrification and decarbonization. Strategic partnerships, technological improvements in extraction and processing, and a greater focus on sustainability will play crucial roles in shaping the future of this dynamic market. This report provides a deep dive into the burgeoning battery grade lithium metal market, analyzing production trends, key players, and future growth projections. The market is experiencing explosive growth fueled by the accelerating adoption of electric vehicles (EVs) and energy storage solutions. We project the global market value to surpass $15 billion by 2030.

The booming lithium metal market, valued at $146.04 billion in 2025, is projected for significant growth driven by EV adoption and renewable energy. Explore key trends, regional insights, and leading companies shaping this dynamic industry.

The Gold and Other Non-Ferrous Metal Processing industry has grown substantially in recent years. Uncertain economic environments have increased the global appetite for gold bullion, benefiting domestic processors like Gold Corporation and Pallion tremendously. High inflation and interest rates cast doubts on the possibility of a soft landing for the United States and the broader global economy. The resulting concerns saw purchases of investment-grade gold surge, driving the commodity's price upwards as investors sought safety in the supposed safe haven asset. As many processors’ business models involve taking ownership of gold before selling it back to their customer with a markup that includes the cost of their services, a higher gold price elevated purchase costs along with revenue despite stable profit margins. The introduction of domestic spodumene refining has proven to be highly lucrative for the industry. Historically, the mineral has been shipped raw to processors overseas before being made into secondary products like lithium hydroxide. Mining companies in Australia have looked to capture this value-adding opportunity by building lithium processing facilities domestically, contributing to anticipated revenue growth of 12.5% over the past five years, which includes expected current-year revenue growth of 8.8% and has brought revenue to $45.7 billion for 2024-25. In the coming years, domestic lithium processing will expand dramatically. Globally, countries are investing tremendous resources into developing renewable energy sources, many of which require battery systems capable of storing excess energy produced in peak periods. Currently, the batteries used in these systems are lithium-ion batteries and should this continue global demand for lithium hydroxide will only expand. Australian processors are well placed to benefit from this transition and it will contribute significantly to the 9.6% annualised growth in revenue projected for the five years through 2029-30, culminating in revenue reaching an estimated $72.2 billion.

Discover the booming high-purity lithium metal market! Our in-depth analysis reveals surging demand driven by EVs and energy storage, exploring key trends, restraints, and regional market shares from 2019-2033. Learn about leading players like GanFeng and Tianqi Lithium and the future of this crucial sector.

As of November 2022, lithium carbonate was the most expensive battery mineral worldwide, with a price of over ****** U.S. dollars per metric ton. Cobalt ranked second, commanding a price of around ****** U.S. dollars per metric ton. As the global electric vehicle market expands, battery minerals used in the production of lithium-ion batteries have seen steep price increases in recent years.