Mining Commodities & Minerals · Direct
Monitoring · monthlyProcurement Category Intelligence
Lithium Brine - Battery Grade
Overview
Market size
$24.0B
global, USD
CAGR
11.5%
base to forecast
Buyer power
-2.3
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$41.4B
What changed
Demand by region
China demand60%
Europe demand18%
North America demand12%
Rest of Asia demand7%
Rest of world demand3%
share of global demandtotal 100%
Cost drivers
Reagents and chemicals35%
Royalties and government fees25%
Energy and pond operations20%
Logistics and freight12%
Labor and maintenance8%
share of delivered cost (analyst estimate)