Battery raw materials

Prices, news and analysis for the commodities used in EV and ESS batteries

The critical materials used in manufacturing batteries for electric vehicles (EV) and energy storage systems (ESS) play a vital role in our move towards a zero-carbon future.

Fastmarkets’ battery raw materials suite brings together the vital commercial insights, data and analytics that you need to help you make accurate forecasts, manage inventories and price risk, benchmark costs against your peers’ and balance the costs and benefits of sustainability.

Our customers get access to in-depth price data and short- and long-term forecasting and analysis for the following raw materials:

We continue to expand our coverage as the global BRM market and the needs of the consumer evolve.

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Fastmarkets’ battery raw materials products give market participants and investors the transparency and clarity to make critical and strategic business decisions.

Trade on market-reflective prices

Validate your price, supply and demand forecasts for 1-2 years in the future

Access critical long-term forecasts for the next 10-15 years

Gain a competitive edge in the emerging battery recycling market

Providing greater transparency into the cost of key Li-ion cell components

Enable risk management using futures contracts

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Key prices

  • Lithium Lithium carbonate 99.5% Li2CO3 min, battery grade, contract price cif China, Japan & Korea, $/kg (MB-LI-0027)
  • Lithium Spodumene min 6% Li2O, spot price, cif China, $/tonne (MB-LI-0012)
  • Lithium Lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea, $/kg (MB-LI-0029)
  • Lithium Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea, $/kg (MB-LI-0033)
  • Cobalt Cobalt standard grade, in-whs Rotterdam, $/lb (MB-CO-0005)

Find out how we assess and forecast prices in agriculture, forest products and metals

What’s happening in the battery raw materials market?

Our team of senior analysts and price researchers provide battery raw material prices, forward-looking reports and analysis of the market conditions. Get up-to-speed with our battery raw material prices, news, trends and forecasts.

The Democratic Republic of Congo has introduced cobalt export quotas following the suspension period, setting limits on shipments while outlining future allocations. The policy is designed to balance global supply and demand while supporting the country’s ambition to develop domestic processing capacity.

The global battery supply chain race is transforming economic influence, with gigafactories, raw material sourcing and recycling strategies shaping the future of electrification and sustainable energy storage.

Europe’s battery industry is being urged to prioritise energy storage systems over electric vehicle competition with China, as rising AI-driven power demand and grid pressures highlight the need for scalable storage solutions.

Learn how Fastmarkets price assessments enable derivatives trading, risk management and investment in battery raw materials markets during the energy transition.

Nano One, a Canadian process technology company focused on cathode materials for lithium-ion batteries, announced the installation of a proprietary agitator in its 20,000-liter One-Pot reactor based in Candiac, Canada, on August 20.

The DRC cobalt export ban has continued to reduce China’s cobalt intermediate imports in July 2025, driving tighter supply and higher prices. Meanwhile, Chinese cobalt metal exports remained stable despite ongoing market disruptions.

Browse our resource hub for Fastmarkets’ battery raw materials insights and forecasts, as well as additional checklists and ebooks to complete your toolkit for success.

Upcoming events

September 16-18, 2025 | Lisbon
Secure a front-row seat for expert analysis and insights into the battery raw materials market – from the leaders and innovators shaping the industry.

September 24-26, 2025 | Bali, Indonesia
As demand for critical minerals rises globally, Indonesia is ideally placed to use its reserves as a strategic asset to negotiate trade deals, attract foreign investment, strengthen its geopolitical influence and become a global battery hub. Meet the key players from industry and government at this important event in Bali.

February 01-03, 2026 | New Delhi, India
Gain early-mover insights into India’s fast-emerging battery market—set to become the world’s 3rd largest player despite its current nascent stage

June 22-25, 2026 | Las Vegas, USA
The energy revolution: Powering tomorrow

Meet some of the team behind our battery materials insights and intelligence
Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • Hardwood Market Report
• FastMarkets and more