Lithium
Overview
The lightest alkali metal, essential for rechargeable batteries powering electric vehicles, grid-scale energy storage, and consumer electronics. Also used in ceramics, glass, and pharmaceutical applications.
Strategic Relevance
Backbone of the EV revolution. IEA projects 8x demand growth by 2040 under Net Zero scenarios. Australia and Chile dominate mining but China controls 70% of refining.
Applications
Price History
Historical price trend (USD/kg or USD/tonne)
Physical Properties
- Density
- 0.534 g/cm³
- Melting Point
- 180.5°C
- Atomic Number
- 3
- Category
- Alkali Metal
Supply Concentration
- Australia50%
- Chile25%
- China15%
- Argentina8%
- Other2%
Related Documentation
Procyon Indicative Price
Form: Carbonate · Purity: 99.5%
Indicative price provided for information purposes, derived from Procyon Metals' trading activity. It is neither a firm offer nor investment advice. Firm quotes available on request, depending on volume, form and purity.
Request a quote →Frequently asked questions
What is the price of lithium?
In 2024, the reference price for lithium stood at around 10.5 USD/kg, compared with 14 USD/kg in 2023. Prices vary with purity, form (oxide or metal) and traded volume; the full history is charted above.
Where can you buy lithium?
Physical lithium is purchased through specialist traders. Procyon Metals supports clients end to end: sourcing from vetted counterparties, purity certification, insured logistics and secure storage in Brinks vaults.
Why is lithium a strategic metal?
Backbone of the EV revolution. IEA projects 8x demand growth by 2040 under Net Zero scenarios. Australia and Chile dominate mining but China controls 70% of refining.
Which countries produce lithium?
Lithium production is highly concentrated: Australia (50%), Chile (25%), China (15%), Argentina (8%).