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.

This statistic shows the forecasted price of spodumene from 2016 to 2020. It is forecasted that in 2020, spodumene will cost *** U.S. dollars per metric ton, an increase from the forecasted price in 2016 of *** U.S. dollars per metric ton. Spodumene is a mineral from which lithium can be produced.

The global spodumene concentrate market is experiencing robust growth, driven by the burgeoning demand for lithium-ion batteries in the electric vehicle (EV) and energy storage sectors. With a market size of $4,055 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 7.3% from 2025 to 2033, the market is poised for significant expansion. This growth is fueled by several factors, including the increasing adoption of EVs globally, the expanding energy storage infrastructure for renewable energy sources, and the growing application of lithium in consumer electronics and specialized ceramics. The various grades of spodumene concentrate (5% Li₂O, 6% Li₂O, 7% Li₂O, and others) cater to different applications, with higher-grade concentrates commanding premium prices due to their higher lithium content and reduced processing requirements. Major players like AMG, Rio Tinto, and Pilbara Minerals are strategically investing in expanding their production capacities and exploring new lithium resources to meet the surging demand. Geographic distribution shows a strong concentration in regions with significant lithium reserves and established mining operations, particularly in Australia, South America, and parts of North America. However, ongoing challenges such as fluctuating lithium prices, supply chain disruptions, and environmental concerns related to lithium mining will continue to shape market dynamics. The continued growth of the spodumene concentrate market hinges on technological advancements improving extraction and processing efficiency, a greater focus on sustainable mining practices to mitigate environmental impact, and the successful development and implementation of lithium-ion battery recycling technologies. Furthermore, government policies supporting the adoption of EVs and renewable energy infrastructure in key markets will play a crucial role in driving future demand. Competition among producers will intensify as the market expands, with companies focusing on optimizing their operations, securing long-term off-take agreements, and expanding into new geographic areas to maintain market share and profitability. Regional variations in demand and regulatory environments will also necessitate targeted strategies for successful market penetration. The diversification of applications beyond the EV sector, although presently less significant, could also contribute to overall market growth.

Explore the volatility in the lithium spodumene market driven by fluctuating demand, geopolitical factors, and technological advancements. Understand how EV growth, sustainable mining practices, and macroeconomic conditions influence prices, offering insights for stakeholders in the lithium supply chain.

Explore the factors influencing lithium spodumene spot prices, critical for lithium production and the global supply chain. Discover how demand from the electronics, automotive, and energy sectors, along with mining capabilities and geopolitical influences, affect these prices. Stay informed on market trends impacting lithium commodities.

The industrial grade spodumene market, a crucial component in lithium-ion batteries and metallurgical applications, is experiencing robust growth. While the provided CAGR is missing, considering the booming electric vehicle (EV) sector and increasing demand for lithium-based energy storage solutions, a conservative estimate places the CAGR at 15% for the forecast period (2025-2033). With a 2025 market size of $2475 million, this implies significant expansion. The market is driven primarily by the exponential rise in EV adoption globally, necessitating vast quantities of lithium-ion batteries. Furthermore, increasing demand for lithium in metallurgical applications, particularly in ceramics and glass manufacturing, contributes to overall market growth. Segmentation reveals a strong preference for high-concentration spodumene due to its superior extraction efficiency and lower processing costs, compared to low-concentration spodumene. Geographically, the Asia-Pacific region, particularly China, is expected to dominate the market, driven by its extensive manufacturing base and burgeoning EV industry. However, North America and Europe are also witnessing considerable growth due to increasing governmental support for renewable energy and EV infrastructure development. While supply chain constraints and fluctuating lithium prices present challenges, the long-term outlook for industrial grade spodumene remains exceptionally positive, fueled by the sustained growth of the global lithium-ion battery market. The major players in the industrial grade spodumene market, including Tianqi Lithium, Albemarle Corporation, Pilbara Minerals, Mineral Resources, SQM, and Ganfeng Lithium, are actively investing in expanding their production capacities and exploring new lithium sources to meet the escalating demand. Competition is fierce, leading to innovation in extraction techniques and downstream processing to improve efficiency and reduce costs. The market is likely to see further consolidation in the coming years as companies seek to secure long-term supply agreements and gain a competitive edge. Technological advancements in battery chemistry, specifically focusing on improving energy density and lifespan, are also anticipated to boost demand for high-quality spodumene. Regulatory frameworks promoting sustainable mining practices and the transition to renewable energy will also shape the future trajectory of this dynamic market.

Explore the factors influencing the lithium spodumene price chart, a key component in battery manufacturing for EVs and renewable energy. Understand its market dynamics, technological impacts, and cost variables that shape prices. Analyze historical data to forecast trends amid rising global lithium demand.

The Industrial Grade Spodumene market is booming, projected to reach $2912 million by 2033 with a 9.7% CAGR. Driven by EV & energy storage demand, key players like Albemarle and Tianqi Lithium are shaping this rapidly growing sector. Explore market trends, regional analysis, and future forecasts.

The Industrial Grade Spodumene market is booming, projected to reach $2.93 billion by 2033 with a 9.7% CAGR. Driven by soaring EV and energy storage demands, key players like Albemarle and Tianqi Lithium dominate. Learn about market trends, growth drivers, and regional insights in this comprehensive analysis.

The global spodumene concentrate market is booming, reaching $2263.7 million in 2025 with a 7.2% CAGR through 2033. Driven by EV & renewable energy growth, this analysis reveals key drivers, trends, restraints, and major players like Albemarle and Rio Tinto. Explore market size, regional shares, and future projections.

The global spodumene concentrate market, valued at $2,263 million in 2025, is projected to experience robust growth, driven primarily by the burgeoning demand for lithium-ion batteries fueling the electric vehicle (EV) revolution and the expanding energy storage sector. A compound annual growth rate (CAGR) of 7.5% from 2025 to 2033 indicates a significant market expansion, reaching an estimated value exceeding $4,000 million by 2033. This growth is fueled by increasing government incentives for EV adoption worldwide, coupled with advancements in battery technology leading to higher energy density and longer lifespan. Key players like AMG, Keliber, Rio Tinto, and others are strategically investing in expanding their production capacities to meet the surging demand, leading to increased competition and innovation within the market. However, potential restraints include the geographical concentration of spodumene resources, geopolitical uncertainties impacting supply chains, and environmental concerns related to lithium mining and processing. Successfully navigating these challenges will be crucial for continued market expansion and profitability for industry participants. The market segmentation, while not explicitly provided, likely reflects distinctions based on grade of concentrate (e.g., battery grade, chemical grade), geographic region (e.g., Australia, South America, North America), and application (e.g., batteries, ceramics). Further analysis would show that regional disparities in market share will probably mirror existing lithium production hotspots, with Australia and South America likely holding significant portions of the market. As the demand grows, however, other regions may witness increased production and contribute to a more diversified market landscape. The evolving technological landscape, including advancements in lithium extraction and processing technologies, is also expected to influence the market trajectory and profitability of various players.

As of September 2025, the leading mining company with lithium operations listed on the Australian Securities Exchange (ASX) was Mineral Resources Ltd, with a market capitalization of around **** billion Australian dollars. Pilbara Minerals Ltd followed closely, with a market capitalization of **** billion dollars. Pilbara Minerals Pilbara Minerals’ Pilgangoora mine, located in Western Australia, is one of the largest hard-rock lithium mines in the world. In the 2025 financial year, Pilbara Minerals’ revenue reached *** million Australian dollars. The company’s production volume of lithium spodumene concentrates amounted to just over *** thousand dry metric tons in 2025. Australia’s lithium trade Australia plays a vital role in the global lithium market. While fiscal year 2023 saw a relatively high export value of lithium from Australia, primarily due to high production volumes and global demand, this decreased in the following years. Most of Australia’s lithium mines are in Western Australia. In 2024, China was the major export destination for Western Australian lithium spodumene concentrate. As the country explores more midstream lithium processing opportunities, it remains to be seen if China will still be the nation’s leading lithium trade partner.

In the financial year 2024, the value of lithium spodumene concentrate mined in Western Australia amounted to **** billion Australian dollars. This was a significant decrease from the previous financial year.

Discover the booming spodumene mineral market forecast to 2033! This in-depth analysis reveals a 15% CAGR, driven by surging EV and energy storage demand. Explore market size, key players (Albemarle, Ganfeng Lithium), regional trends, and growth challenges. Learn how the lithium battery revolution is shaping the future of this crucial mineral.

563 Global import shipment records of Spodumene Concentrate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The total cost of producing battery grade lithium carbonate by 2025 is expected to amount to approximately ***** and ***** U.S. dollars per ton of lithium carbonate equivalent from brine and spodumene, respectively. For the production of battery grade lithium carbonate from spodumene, the highest costs are forecast to be allocated in the processing of this mineral.

1784 Global exporters importers export import shipment records of Spodumene concentrate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Industrial Grade Spodumene market is booming, projected to reach $1398 million by 2025, with a 9.7% CAGR through 2033. Driven by EV and renewable energy growth, this analysis explores market trends, key players (Tianqi Lithium, Albemarle, etc.), and future projections. Discover the opportunities and challenges in this dynamic sector.

Get detailed and the latest Spodumene Concentrate import data of HS code 26179000 India with customs shipment details as price, date, Indian import port, importers and buyers in India.