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.

Lithium's market value is forecast to increase to nearly **** billion U.S. dollars by 2030, due to its increasingly significant importance for various applications such as lithium-ion batteries. In 2023, the global market value of lithium amounted to *** billion U.S. dollars.

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.

In Q3 2025, North America, the Lithium Carbonate Price Index fell by 3.8% quarter-over-quarter, pressured by abundant imports. Check detailed insights for Europe, South America and APAC.

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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 lithium market is experiencing explosive growth, driven by the burgeoning electric vehicle (EV) industry and the increasing demand for energy storage solutions. With a Compound Annual Growth Rate (CAGR) of 19.57% from 2019 to 2033, the market's value is projected to significantly expand. This robust growth is fueled by several key factors. Firstly, the global transition towards cleaner energy sources is heavily reliant on lithium-ion batteries, making lithium a critical raw material. Secondly, advancements in battery technology are increasing energy density and reducing costs, further stimulating demand. Government incentives and policies supporting EV adoption and renewable energy infrastructure are also playing a crucial role. However, the market faces challenges such as supply chain constraints, geopolitical risks associated with lithium production concentration, and environmental concerns related to lithium mining. The market is segmented by various factors including battery chemistry (e.g., LCO, NMC, LFP), application (e.g., EVs, energy storage systems, portable electronics), and geographic region. Major players like Albemarle Corporation, SQM SA, and Ganfeng Lithium Co Ltd are fiercely competing to secure market share, engaging in strategic partnerships, mergers and acquisitions, and capacity expansions to meet the escalating demand. The market's future trajectory hinges on overcoming supply bottlenecks, achieving sustainable mining practices, and the continued technological advancements in battery technology. Despite challenges, the forecast for the lithium market remains remarkably positive. The increasing affordability and accessibility of electric vehicles, combined with the growing adoption of renewable energy technologies, point towards a continued surge in lithium demand throughout the forecast period (2025-2033). Regional variations in market growth will likely be influenced by factors such as government policies, infrastructure development, and the presence of established lithium mining and processing industries. It is crucial for market participants to proactively address the environmental and social responsibilities associated with lithium extraction to ensure the long-term sustainability of this vital industry. The strategic positioning of key players, coupled with continuous technological innovations in battery technology and recycling processes, will play a pivotal role in shaping the future of the lithium market. Future research will likely focus on improving extraction methods, developing alternative lithium sources, and optimizing battery performance for maximum efficiency and sustainability. Recent developments include: May 2022: Mineral Resources marked a significant milestone in its lithium growth strategy with the first new spodumene concentrate delivered at the Wodgina Lithium Project in the Pilbara region of Western Australia., April 2022: SQM SA planned to invest USD 900 million in 2022 as part of its plan to increase lithium carbonate and hydroxide production capacity. The company has plans to enhance lithium carbonate production capacity to 180,000 metric ton per annum in the future. Furthermore, the capacity is likely to reach 210,000 tons by early 2023., April 2022: Avalon Advanced Materials Inc. signed an agreement with RenJoules International Ltd, an Essar Company, to become a strategic partner and co-developer in support of Avalon's plans to establish a regional lithium battery materials supply chain. This agreement may fulfill the needs of upcoming electric vehicle and battery manufacturers in Ontario and other regions.. Key drivers for this market are: Accelerating Demand for Electric Vehicles, Increasing Usage and Demand by Portable Consumer Electronics; Other Drivers. Potential restraints include: Accelerating Demand for Electric Vehicles, Increasing Usage and Demand by Portable Consumer Electronics; Other Drivers. Notable trends are: The Battery Application Segment to Dominate the Market.

In the 2024 financial year, Australia’s lithium exports were valued at approximately 9.9 billion Australian dollars. Forecasts show that by the 2026 financial year, this figure will decrease to around 8.2 billion Australian dollars. How is lithium used? Lithium is predominantly used as a component of rechargeable batteries for electronic devices such as mobiles, laptops, and cameras, as well as for electric vehicles. Before being used in batteries, it is mined in the form of lithium ore. Australia has a dominant global position in lithium mining. The country produces significant quantities of lithium, and this is expected to increase over the next few years. The future of lithium Lithium consumption has continued to rise across the globe, as manufactures continue to adapt to the growing demands from consumers. With lithium-ion batteries used across many different applications and technology continuing to advance, the cost of lithium-ion batteries will likely decrease over time. A challenge faced by lithium battery manufacturers is efficiently recycling them. This may prove to be a lucrative market in the future, with the size of the global market for lithium-ion battery recycling poised to increase significantly in the next decade.

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).

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.

The lithium mining market is projected to grow from USD 4.2 billion in 2025 to USD 8.4 billion by 2035, at a CAGR of 7.2%.

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

In 2025, the price of ** percent lithium carbonate is projected to be around **** U.S. dollars per kilogram. Growing global lithium demandThere has been a steady increase in battery demand globally, which in turn becomes a strong driver of lithium usage in the future. However, producers have been unable to keep up with the demand. In 2025, global lithium demand is expected to reach ***** metric tons of lithium carbonate equivalent for non-rechargeable batteries. The 2018 annual average price of battery-grade lithium carbonate was ****** U.S. dollars per metric ton, increased from the ****** U.S. dollars in the previous year. Lithium demand by applicationLithium has many end use applications aside from batteries. For example, demand for lithium in ceramics is anticipated to reach ****** metric tons of lithium carbonate equivalent in 2025. Another example is that the demand for lithium in polymers is expected to grow to ****** metric tons of lithium carbonate equivalent by 2025, from the 2018 demand which was ***** metric tons.

The average lithium carbonate import price stood at $9,048 per ton in May 2025, declining by -3.1% against the previous month.

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

The Lithium Market size was valued at USD 28.08 billion in 2023 and is projected to reach USD 87.87 billion by 2032, exhibiting a CAGR of 17.7 % during the forecasts period. Recent developments include: In November 2023, ExxonMobil announced that work had commenced for its first lithium well drilling in Arkansas, an area with significant quantities of lithium deposits. It is targeting to produce its first lithium volumes in 2027. By 2030, it aims to produce lithium volumes that can cater to the manufacturing of batteries for over a million electric vehicles a year. , In September 2023, Gotion High-tech Co Ltd., a Chinese battery manufacturer, announced its plans to build a lithium battery manufacturing plant in Manteno, Illinois, U.S., for an investment value of USD 2 billion. , In September 2023, the Office of the Assistant Secretary for Industrial Base Policy signed an agreement with Albemarle for the latter’s lithium mining and production expansion plans. The agreement, worth USD 90 million, was signed through the Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office. Albemarle plans to reopen its Kings Mountain, N.C. mine between 2025 and 2030, which will help increase the domestic production of lithium. .

Discover the latest insights into the global salt lake brine lithium market. This comprehensive analysis reveals a projected CAGR of -2.4% (2025-2033), exploring key drivers, restraints, and regional market shares. Learn about leading companies and future trends in this vital sector fueling the electric vehicle revolution.

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.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Lithium Americas (LAC): Are batteries igniting growth?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Discover the booming lithium concentrate (SC6) market forecast to 2033! This in-depth analysis reveals key drivers, trends, and challenges, profiling major players like Albemarle & Pilbara Minerals, and examining regional market shares. Learn about the projected $50 billion market value and 15% CAGR.

The global lithium hydroxide monohydrate market is experiencing robust growth, driven primarily by the burgeoning demand for lithium-ion batteries in electric vehicles (EVs) and energy storage systems (ESS). This surge in demand is fueling a significant expansion of the market, with a projected Compound Annual Growth Rate (CAGR) of approximately 15% from 2025 to 2033. While precise market size figures for 2025 require further specification from the original data source, a reasonable estimation based on industry reports and current market trends would place the market value at around $8 billion in 2025. This significant value reflects the substantial investments in lithium-ion battery manufacturing and the increasing global adoption of EVs and renewable energy solutions. The battery-grade segment dominates the market, accounting for a substantial majority of the total consumption value. Key players like FMC, Rockwood Lithium, SQM, and Tianqi Lithium are actively expanding their production capacity to meet the growing market demand, resulting in a competitive yet rapidly evolving landscape. Geographic distribution shows strong demand from Asia Pacific (particularly China), followed by North America and Europe, reflecting the concentration of EV manufacturing and renewable energy projects in these regions. Growth is further propelled by advancements in battery technology, aiming for higher energy density and improved performance, increasing the demand for high-purity lithium hydroxide monohydrate. However, the market faces challenges such as price volatility in lithium raw materials, geopolitical factors affecting supply chains, and environmental concerns related to lithium mining and processing. The increasing focus on sustainable sourcing and responsible mining practices will play a significant role in shaping the market's future. The industrial-grade segment, while smaller than battery-grade, offers potential for growth in niche applications such as lubricants and specialized chemicals. Future market growth will depend on several factors, including the continued expansion of the EV market, the development of energy storage solutions, and advancements in battery technology, ultimately influencing the overall demand for lithium hydroxide monohydrate.