banner

Lithium battery anode material raw material origin and market trend

249 Published by BSLBATT Oct 10,2018

With the rapid development of renewable energy and electric vehicles, lithium and cobalt resources like oil and gas resources are becoming new geopolitical wrestling points.
So which countries, like the Middle East, have a near-monopoly on lithium and cobalt?

A major producer of lithium

lithium battery producing

In 2017, the world produced 43,000 tons of metal lithium, including 18,700 tons in Australia, 14,100 tons in Chile and 5,500 tons in Argentina.


A major producer of cobalt

lithium battery major cobalt

Global production of cobalt in 2017 was 110,000 tons, including 64,000 tons in Congo, 5,600 tons in Russia and 5,000 tons in Australia.


The market price of lithium and cobalt

lithium battery cobalt market prices

The market price of lithium and cobalt is currently $21 / kg for lithium carbonate, 2.63 times that of early 2005 ($8 / kg).
Cobalt costs $43 a pound


Lithium battery raw material market doubles

lithium battery materials

The global lithium battery raw material market was 1.1 trillion yen ($10 billion) in 2015, and the market size is expected to reach 2.9 trillion yen ($26 billion) in 2021.

Source: international energy small data

Our Tips for Outdoor Portable Power Source for Camping & Recreation

Camping is a great way to go out and enjoy nature, whether you’re in the woods or mountains. ...

Do you like ? 168

Read more

2019 China Commodity Fair is the perfect ending!

China Commodity Fair 2019 was held in Moscow, Russia on 06/18~06/20. The Wisdom Power’s ...

Do you like ? 117

Read more

【Verified】Lead carbon and lithium batteries for the cleaning market

BSLBATT Battery Manufacturer, a company based in China, offers a number of solutions to meet t...

Do you like ? 112

Read more

【New】Wisdom Power at CHINA COMMODITY FAIR — MOSCOW 2019!

From 18 to 20 Jun, Wisdom Power will participate in CHINA COMMODITY FAIR — MOSCOW is Chin...

Do you like ? 162

Read more

2019 Intersolar Exhibition Is A Complete Success | Wisdom Power

Fron Battery Technology to Energy storage: EES EUROPE – EUROPE’S Largest and most ...

Do you like ? 99

Read more

Lithium Iron Phosphate Battery (LiFePO4)

Features And Benefits When Compared To SLA Welcome to the first of a series of articles regar...

Do you like ? 453

Read more

Best 12V Lithium Iron Phosphate Battery | BSLBATT®

12V Lithium Iron Phosphate Battery is new generation Li-Ion rechargeable battery for high powe...

Do you like ? 159

Read more

Power Your Life:How To Use 12V 100Ah Lithium-Ion Battery

BSLBATT lithium batteries provide more energy for high consumption than traditional lead-acid ...

Do you like ? 186

Read more