banner

Lithium battery anode material raw material origin and market trend

3,944 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

10 Exciting Ways To Use Your 12V Lithium Batteries

Back in 2016 when BSLBATT first began designing what would become the first drop-in replacemen...

Do you like ? 1,609

Read more

BSLBATT Battery Company Receives Bulk Orders from North American Customers

BSLBATT®,  a China Forklift battery manufacturer specializing in the material handling indust...

Do you like ? 1,540

Read more

Fun Find Friday: BSLBATT Battery is coming to another great LogiMAT 2022

MEET US! VETTER’S EXHIBITION YEAR 2022! LogiMAT in Stuttgart: SMART – SUSTAINABLE – SAF...

Do you like ? 1,204

Read more

Looking for new Distributors and Dealers for BSL Lithium Batteries

BSLBATT battery is a fast-paced, high-growth (200% YoY ) hi-tech company that is leading the a...

Do you like ? 1,792

Read more

BSLBATT to Participate at MODEX 2022 on March 28-31 in Atlanta, GA

BSLBATT is one of the largest developers, manufacturers, and integrators of lithium-ion batter...

Do you like ? 2,576

Read more

What makes the BSLBATT the Superior Lithium Battery for your Motive Power needs?

Electric forklift and Floor Cleaning Machines owners who seek the ultimate performance will fi...

Do you like ? 1,238

Read more

BSLBATT Battery Joins Delta-Q Technologies’ Battery Compatibility Program

China Huizhou – May 24, 2021 – BSLBATT Battery  today announced that it has joined Delta-Q Tec...

Do you like ? 2,118

Read more

BSLBATT’s 48V Lithium Batteries Are Now Compatible With Victron Inverters

Big News! If you are Victron fans, this will be a good News for you. In order to better match ...

Do you like ? 4,817

Read more