Global Lithium Mining Market Analysis by Reserves, Production, Assets, Demand Drivers and Forecast to 2035

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GlobalData’s “Global Lithium Mining to 2035” provides a comprehensive coverage on the global lithium industry. It provides historical and forecast data on lithium production by country, production by company, reserves by country, world lithium prices, lithium trade, market balance, and major battery manufacturer deals in 2025. The report also includes a demand drivers section providing information on factors that are affecting the global lithium industry. It further profiles major lithium producers, information on the major active, planned and exploration projects by region.

Global lithium production is estimated to have increased to 338.3 thousand tonnes (kt) in 2025, up by 19.7% over 2024, with Zimbabwe, Mali, Argentina, China and Chile, contributing to the growth. Combined output from these countries is expected to increase from 147.7kt in 2024 to 196.6kt in 2025 – a 33.2% increase. Going forward, global lithium output is anticipated to increase further by 15.0% to 389.1kt in 2026, driven by the expected growth from counties such as Argentina, China, Australia and Mali. Over the forecast period (2026-2035), the output is expected to grow by a compound annual growth rate (CAGR) of 8.2% to 792.8kt by 2035.

Scope

The report contains an overview of the global lithium mining industry including key demand driving factors affecting the global lithium mining industry. It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects.

Reasons to Buy

To gain an understanding of the global lithium mining industry, relevant driving factors

To understand historical and forecast trend on global lithium production

To identify key players in the global lithium mining industry

To identify major active, exploration and development projects by region

Albemarle Corporation
SQM
Arcadium Lithium
Rio Tinto
Pilbara Minerals
Mineral Resources Ltd

Table of Contents

Overview

Lithium reserves and resources

Lithium production

Direct lithium extraction

Competitive landscape

Lithium price analysis

Major active mines

Major development projects

Major exploration projects

Demand and market balance

EV policies

Appendix

Table

Table 1: Lithium reserves by country (million tonnes), January 2022

Table 2: Active mines in Australia by total ore reserves (million tonnes)

Table 3: Active mines in Argentina by total ore reserves (million tonnes)

Table 4: Active mines in China by total ore reserves (million tonnes)

Table 5: Historical and forecast lithium production (thousand tonnes), 2006–30

Table 6: Lithium mine production by country (thousand tonnes), 2006–30

Table 7: Lithium mine production in Australia (thousand tonnes), 2006–30

Table 8: Lithium mine production in Chile (thousand tonnes), 2006–30

Table 9: Lithium mine production in Argentina (thousand tonnes), 2006–30

Table 10: New Technologies, 2022

Table 11: World lithium hydroxide and spodumene concentrate prices ($/tonne), 2018–24

Table 12: Lithium Pricing Landscape, 2022

Table 13: Key active mines, 2022

Table 14: Key development projects, 2022

Table 15: Key exploration projects, 2022

Table 16: Historical and forecast lithium consumption (thousand tonnes), 2006–30

Table 17: Top lithium carbonate exporters, 2021

Table 18: Top lithium carbonate importers, 2021

Table 19: Production of electric vehicles (thousand units), 2020–36

Table 20: Global EV sales by category (thousand vehicles), 2010–21

Table 21: China EV sales (thousand vehicles), 2010–21

Table 22: EV sales by type by country (thousand units), 2020–21

Table 23: Battery Energy Storage Market, Battery Technology Overview, 2022

Table 24: Major companies and their competitive position within the batteries scheme

Table 25: Major Completed deals in lithium industry, 2022

Table 26: Major Announced deals in lithium industry, 2022

Table 27: Projects count by country and stage, 2022

Table 28: Projects count by company and stage, 2022

Table 29: Albemarle Corporation, Major projects, 2022

Table 30: SQM, Major projects, 2022

Table 31: Ganfeng Lithium Group Co Ltd, capacity planning, 2022

Table 32: Ganfeng Lithium Group Co Ltd, Major projects, 2022

Table 33: Livent Corp, lithium conversion plants, 2022

Table 34: Livent Corp, Major projects, 2022

Table 35: Allkem Ltd, Major projects, 2022

Figures

Figure 1: Lithium reserves by country (million tonnes), 2017 – 22

Figure 2: Lithium reserves by country (%), January 2022

Figure 3: Lithium reserves in Australia, 2022

Figure 4: Historical and forecast lithium production (thousand tonnes), 2006–30

Figure 5: Lithium mine production by country (thousand tonnes), 2020–21

Figure 6: Lithium mine production in Australia (thousand tonnes), 2006–30

Figure 7: Lithium mine production in Chile (thousand tonnes), 2006–30

Figure 8: Lithium mine production in Argentina (thousand tonnes), 2006–30

Figure 9: World lithium hydroxide and spodumene concentrate prices ($/tonne), 2018–24

Figure 10: Lithium demand by end-use (%), 2021

Figure 11: Historical and forecast lithium consumption (thousand tonnes), 2006–30

Figure 12: Top exporters and importers of lithium carbonates, 2021

Figure 13: Global EV sales by category (thousand vehicles), 2010–21

Figure 14: China EV sales (thousand vehicles), 2010–21

Figure 15: EV sales by type by country (thousand units), 2020–21

Figure 16: Chinese EV policy, 2009–22

Figure 17: EV policy in South Korea, India and Japan, 2016–22

Figure 18: Lithium market balance (kt), 2016–30

Figure 19: Projects count by country and stage (%), 2021

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