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Lithium Ores-Global Market Insights and Sales Trends 2025
Synopsis
Lithium is often recovered from brine, or water with a high concentration of lithium carbonate. Subsurface brines trapped in the Earth’s crust are a major source material for lithium carbonate. These sources are less expensive to mine than from rock such as spodumene, petalite, and other lithium-bearing minerals.
Brine production of lithium begins by first pumping the brine into evaporative ponds. Over 12 to 18 months, concentration of the brine increases to 6,000 ppm Li through solar evaporation. When the lithium chloride reaches optimum concentration, the liquid is pumped to a recovery plant and treated with soda ash, precipitating lithium carbonate, which is then filtrated, dried, and shipped.
Lithium compounds are used in ceramics and glass, in primary aluminum production, in the manufacture of lubricants and greases, rocket propellants, vitamin A synthesis, silver solders, underwater buoyancy devices, and increasingly in batteries.
Lithium batteries are proving to be an effective and affordable alternative to traditional batteries, and also in new battery applications. More than 50% of lithium mined is used in batteries. This use has recently increased rapidly spurring an increase in lithium mining to provide the lithium for batteries.
Lithium is mixed with other light metals such as aluminum and magnesium to form strong, light-weight alloys (an alloy is a mixture of metals).
The global Lithium Ores market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lithium Ores in various end use industries. The expanding demands from the Ceramics and Glass, Battery, Grease and Chemical Industry, are propelling Lithium Ores market. Saline Lake lithium, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mineral segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Lithium Ores market, driven by demand from China, the second largest economy with some signs of stabilising, the Lithium Ores market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lithium Ores, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lithium Ores market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lithium Ores market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lithium Ores sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lithium Ores covered in this report include Jiangxi Ganfeng Lithium, Tianqi Lithium, Albemarle, Livent, Jiangxi Special Electric Motor, Mineral Resources, Sichuan Yahua Industrial Group, Galaxy Resources and Orocobre, etc.
The global Lithium Ores market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Jiangxi Ganfeng Lithium
Tianqi Lithium
Albemarle
Livent
Jiangxi Special Electric Motor
Mineral Resources
Sichuan Yahua Industrial Group
Galaxy Resources
Orocobre
Chemetall (Germany)
FMC (USA)
Talison (Australia)
Rockwell（USA)
Global Lithium Ores market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lithium Ores market, Segment by Type:
Saline Lake lithium
Mineral
Global Lithium Ores market, by Application
Ceramics and Glass
Battery
Grease
Chemical Industry
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lithium Ores manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lithium Ores in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Lithium is often recovered from brine, or water with a high concentration of lithium carbonate. Subsurface brines trapped in the Earth’s crust are a major source material for lithium carbonate. These sources are less expensive to mine than from rock such as spodumene, petalite, and other lithium-bearing minerals.
Brine production of lithium begins by first pumping the brine into evaporative ponds. Over 12 to 18 months, concentration of the brine increases to 6,000 ppm Li through solar evaporation. When the lithium chloride reaches optimum concentration, the liquid is pumped to a recovery plant and treated with soda ash, precipitating lithium carbonate, which is then filtrated, dried, and shipped.
Lithium compounds are used in ceramics and glass, in primary aluminum production, in the manufacture of lubricants and greases, rocket propellants, vitamin A synthesis, silver solders, underwater buoyancy devices, and increasingly in batteries.
Lithium batteries are proving to be an effective and affordable alternative to traditional batteries, and also in new battery applications. More than 50% of lithium mined is used in batteries. This use has recently increased rapidly spurring an increase in lithium mining to provide the lithium for batteries.
Lithium is mixed with other light metals such as aluminum and magnesium to form strong, light-weight alloys (an alloy is a mixture of metals).
The global Lithium Ores market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lithium Ores in various end use industries. The expanding demands from the Ceramics and Glass, Battery, Grease and Chemical Industry, are propelling Lithium Ores market. Saline Lake lithium, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mineral segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Lithium Ores market, driven by demand from China, the second largest economy with some signs of stabilising, the Lithium Ores market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lithium Ores, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lithium Ores market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lithium Ores market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lithium Ores sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lithium Ores covered in this report include Jiangxi Ganfeng Lithium, Tianqi Lithium, Albemarle, Livent, Jiangxi Special Electric Motor, Mineral Resources, Sichuan Yahua Industrial Group, Galaxy Resources and Orocobre, etc.
The global Lithium Ores market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Jiangxi Ganfeng Lithium
Tianqi Lithium
Albemarle
Livent
Jiangxi Special Electric Motor
Mineral Resources
Sichuan Yahua Industrial Group
Galaxy Resources
Orocobre
Chemetall (Germany)
FMC (USA)
Talison (Australia)
Rockwell（USA)
Global Lithium Ores market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lithium Ores market, Segment by Type:
Saline Lake lithium
Mineral
Global Lithium Ores market, by Application
Ceramics and Glass
Battery
Grease
Chemical Industry
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lithium Ores manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lithium Ores in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Lithium Ores Market Overview
1.1 Lithium Ores Product Overview
1.2 Lithium Ores Market Segment by Type
1.2.1 Saline Lake lithium
1.2.2 Mineral
1.3 Global Lithium Ores Market Size by Type
1.3.1 Global Lithium Ores Market Size Overview by Type (2018-2029)
1.3.2 Global Lithium Ores Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lithium Ores Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lithium Ores Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lithium Ores Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lithium Ores Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lithium Ores Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lithium Ores Sales Breakdown by Type (2018-2023)
2 Global Lithium Ores Market Competition by Company
2.1 Global Top Players by Lithium Ores Sales (2018-2023)
2.2 Global Top Players by Lithium Ores Revenue (2018-2023)
2.3 Global Top Players by Lithium Ores Price (2018-2023)
2.4 Global Top Manufacturers Lithium Ores Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lithium Ores Market Competitive Situation and Trends
2.5.1 Lithium Ores Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lithium Ores Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lithium Ores as of 2022)
2.7 Date of Key Manufacturers Enter into Lithium Ores Market
2.8 Key Manufacturers Lithium Ores Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lithium Ores Status and Outlook by Region
3.1 Global Lithium Ores Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lithium Ores Historic Market Size by Region
3.2.1 Global Lithium Ores Sales in Volume by Region (2018-2023)
3.2.2 Global Lithium Ores Sales in Value by Region (2018-2023)
3.2.3 Global Lithium Ores Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lithium Ores Forecasted Market Size by Region
3.3.1 Global Lithium Ores Sales in Volume by Region (2024-2029)
3.3.2 Global Lithium Ores Sales in Value by Region (2024-2029)
3.3.3 Global Lithium Ores Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lithium Ores by Application
4.1 Lithium Ores Market Segment by Application
4.1.1 Ceramics and Glass
4.1.2 Battery
4.1.3 Grease
4.1.4 Chemical Industry
4.1.5 Other
4.2 Global Lithium Ores Market Size by Application
4.2.1 Global Lithium Ores Market Size Overview by Application (2018-2029)
4.2.2 Global Lithium Ores Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lithium Ores Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lithium Ores Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lithium Ores Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lithium Ores Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lithium Ores Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lithium Ores Sales Breakdown by Application (2018-2023)
5 North America Lithium Ores by Country
5.1 North America Lithium Ores Historic Market Size by Country
5.1.1 North America Lithium Ores Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lithium Ores Sales in Volume by Country (2018-2023)
5.1.3 North America Lithium Ores Sales in Value by Country (2018-2023)
5.2 North America Lithium Ores Forecasted Market Size by Country
5.2.1 North America Lithium Ores Sales in Volume by Country (2024-2029)
5.2.2 North America Lithium Ores Sales in Value by Country (2024-2029)
6 Europe Lithium Ores by Country
6.1 Europe Lithium Ores Historic Market Size by Country
6.1.1 Europe Lithium Ores Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lithium Ores Sales in Volume by Country (2018-2023)
6.1.3 Europe Lithium Ores Sales in Value by Country (2018-2023)
6.2 Europe Lithium Ores Forecasted Market Size by Country
6.2.1 Europe Lithium Ores Sales in Volume by Country (2024-2029)
6.2.2 Europe Lithium Ores Sales in Value by Country (2024-2029)
7 Asia-Pacific Lithium Ores by Region
7.1 Asia-Pacific Lithium Ores Historic Market Size by Region
7.1.1 Asia-Pacific Lithium Ores Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lithium Ores Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lithium Ores Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lithium Ores Forecasted Market Size by Region
7.2.1 Asia-Pacific Lithium Ores Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lithium Ores Sales in Value by Region (2024-2029)
8 Latin America Lithium Ores by Country
8.1 Latin America Lithium Ores Historic Market Size by Country
8.1.1 Latin America Lithium Ores Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lithium Ores Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lithium Ores Sales in Value by Country (2018-2023)
8.2 Latin America Lithium Ores Forecasted Market Size by Country
8.2.1 Latin America Lithium Ores Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lithium Ores Sales in Value by Country (2024-2029)
9 Middle East and Africa Lithium Ores by Country
9.1 Middle East and Africa Lithium Ores Historic Market Size by Country
9.1.1 Middle East and Africa Lithium Ores Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lithium Ores Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lithium Ores Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lithium Ores Forecasted Market Size by Country
9.2.1 Middle East and Africa Lithium Ores Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lithium Ores Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Jiangxi Ganfeng Lithium
10.1.1 Jiangxi Ganfeng Lithium Company Information
10.1.2 Jiangxi Ganfeng Lithium Introduction and Business Overview
10.1.3 Jiangxi Ganfeng Lithium Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Jiangxi Ganfeng Lithium Lithium Ores Products Offered
10.1.5 Jiangxi Ganfeng Lithium Recent Development
10.2 Tianqi Lithium
10.2.1 Tianqi Lithium Company Information
10.2.2 Tianqi Lithium Introduction and Business Overview
10.2.3 Tianqi Lithium Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Tianqi Lithium Lithium Ores Products Offered
10.2.5 Tianqi Lithium Recent Development
10.3 Albemarle
10.3.1 Albemarle Company Information
10.3.2 Albemarle Introduction and Business Overview
10.3.3 Albemarle Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Albemarle Lithium Ores Products Offered
10.3.5 Albemarle Recent Development
10.4 Livent
10.4.1 Livent Company Information
10.4.2 Livent Introduction and Business Overview
10.4.3 Livent Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Livent Lithium Ores Products Offered
10.4.5 Livent Recent Development
10.5 Jiangxi Special Electric Motor
10.5.1 Jiangxi Special Electric Motor Company Information
10.5.2 Jiangxi Special Electric Motor Introduction and Business Overview
10.5.3 Jiangxi Special Electric Motor Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jiangxi Special Electric Motor Lithium Ores Products Offered
10.5.5 Jiangxi Special Electric Motor Recent Development
10.6 Mineral Resources
10.6.1 Mineral Resources Company Information
10.6.2 Mineral Resources Introduction and Business Overview
10.6.3 Mineral Resources Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mineral Resources Lithium Ores Products Offered
10.6.5 Mineral Resources Recent Development
10.7 Sichuan Yahua Industrial Group
10.7.1 Sichuan Yahua Industrial Group Company Information
10.7.2 Sichuan Yahua Industrial Group Introduction and Business Overview
10.7.3 Sichuan Yahua Industrial Group Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sichuan Yahua Industrial Group Lithium Ores Products Offered
10.7.5 Sichuan Yahua Industrial Group Recent Development
10.8 Galaxy Resources
10.8.1 Galaxy Resources Company Information
10.8.2 Galaxy Resources Introduction and Business Overview
10.8.3 Galaxy Resources Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Galaxy Resources Lithium Ores Products Offered
10.8.5 Galaxy Resources Recent Development
10.9 Orocobre
10.9.1 Orocobre Company Information
10.9.2 Orocobre Introduction and Business Overview
10.9.3 Orocobre Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Orocobre Lithium Ores Products Offered
10.9.5 Orocobre Recent Development
10.10 Chemetall (Germany)
10.10.1 Chemetall (Germany) Company Information
10.10.2 Chemetall (Germany) Introduction and Business Overview
10.10.3 Chemetall (Germany) Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Chemetall (Germany) Lithium Ores Products Offered
10.10.5 Chemetall (Germany) Recent Development
10.11 FMC (USA)
10.11.1 FMC (USA) Company Information
10.11.2 FMC (USA) Introduction and Business Overview
10.11.3 FMC (USA) Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.11.4 FMC (USA) Lithium Ores Products Offered
10.11.5 FMC (USA) Recent Development
10.12 Talison (Australia)
10.12.1 Talison (Australia) Company Information
10.12.2 Talison (Australia) Introduction and Business Overview
10.12.3 Talison (Australia) Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Talison (Australia) Lithium Ores Products Offered
10.12.5 Talison (Australia) Recent Development
10.13 Rockwell（USA)
10.13.1 Rockwell（USA) Company Information
10.13.2 Rockwell（USA) Introduction and Business Overview
10.13.3 Rockwell（USA) Lithium Ores Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Rockwell（USA) Lithium Ores Products Offered
10.13.5 Rockwell（USA) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lithium Ores Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Lithium Ores Industrial Chain Analysis
11.4 Lithium Ores Market Dynamics
11.4.1 Lithium Ores Industry Trends
11.4.2 Lithium Ores Market Drivers
11.4.3 Lithium Ores Market Challenges
11.4.4 Lithium Ores Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lithium Ores Distributors
12.3 Lithium Ores Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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