Li

Lithium

Companies

Key Companies in the Lithium Value Chain

The Lithium industry encompasses at least 7 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 180,000 tonnes LCE and prices around 13,000-17,000 $/tonne LCE (spodumene), the Lithium market supports a diverse corporate ecosystem.

Annual Production

180,000

tonnes LCE

Market Price

13,000-17,000

$/tonne LCE (spodumene)

Top Producer

Australia

47% share

Companies Tracked

7

Major Producers and Processors

The following companies are key participants in the Lithium supply chain:

Albemarle Corporation

Producer ALB
United States

Worlds largest lithium producer; operates Greenbushes mine (WA, with Tianqi), Salar de Atacama brine (Chile), and conversion plants globally

SQM (Sociedad Quimica y Minera)

Producer SQM
Chile

Major lithium producer from Salar de Atacama brine; also produces potash, iodine, and specialty chemicals

Tianqi Lithium

Producer/Processor 9696.HK
China

Major Chinese lithium company; 26% owner of Greenbushes mine (Australia) and operator of Kwinana lithium hydroxide plant

Ganfeng Lithium

Producer/Processor 1772.HK
China

Chinas largest lithium company; vertically integrated from mining (Mt Marion, Mariana) through chemicals to battery recycling

Pilbara Minerals

Producer PLS.AX
Australia

Major Australian spodumene producer operating the Pilgangoora mine; sells concentrate via offtake agreements and BMX digital marketplace

Arcadium Lithium (formerly Livent/Allkem)

Producer ALTM
United States/Argentina

Merged entity of Livent and Allkem; operates brine operations in Argentina and hard rock in Australia; acquired by Rio Tinto in 2024

CATL

Major consumer 300750.SZ
China

Worlds largest EV battery manufacturer; single largest global consumer of lithium chemicals

Active Operations and Development Projects

These are the key Lithium operations and development-stage projects associated with the companies above:

Greenbushes Mine

Talison Lithium (Tianqi/Albemarle)

Production (expanding)
Country: Australia Capacity: ~1.6 million tonnes spodumene/year

Worlds largest hard rock lithium mine with the highest-grade spodumene deposit globally; expansion to 2.3M tonnes underway

Salar de Atacama

SQM and Albemarle

Production
Country: Chile Capacity: ~180,000 tonnes LCE/year combined

Worlds highest-grade lithium brine deposit; Chilean government transitioning to new public-private operating model

Thacker Pass

Lithium Americas

Construction
Country: United States Capacity: 80,000 tonnes LCE/year (Phase 1: 40,000)

Largest known lithium deposit in North America; sedimentary clay deposit in Nevada; received $2.26B DOE loan

Corporate Strategy Trends

Major consumers of Lithium across the lithium-ion batteries for evs and energy storage systems sectors are increasingly focused on securing long-term supply agreements, investing in supply chain traceability, and supporting new production sources to reduce exposure to the 47% concentration in Australia.

Return to the Lithium hub page or browse the full Mineral Library.

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