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:

  • Lithium
  • Cobalt
  • Black mass
  • Manganese
  • Graphite 
  • Nickel 
  • And more commodities used in the production of EVs and batteries, including rare earths, aluminium, copper and steel 

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 key discussion topics across the battery raw materials sector ahead of Fastmarkets’ Asian Battery Raw Materials conference taking place in Seoul on April 22-23

Codelco will make a choice on a partner for its lithium properties in the Maricunga salt flat in Chile’s Atacama region in the first quarter of 2025, the chairman of the state-owned producer said on Monday, April 15

Metal exchanges will be prohibited from accepting these metals from Russia, said releases from the US and UK governments on Friday April 12

With the recent launch of US/Canada lithium prices, Fastmarkets explores the motivation for the introduction and the reasons why this is an important development for the North American market

The EU’s Critical Raw Materials Act (CRMA) and supply chain localization were hot topics of discussion for presenters at the Alkeemia Battery Forum, which runs April 10-12 in Venice, Italy

We discover how Nth Cycle is using price data and market forecasts to revolutionize the North American metal refining industry.

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

April 22-23, 2024 | Seoul, South Korea
Meet the battery manufacturers and key mid and downstream players in Seoul. Gain access to a different part of the market, and understand how technological innovations and policy updates are impacting their planning.

June 24-27, 2024 | Las Vegas, USA
You won’t want to miss the global flagship event for the lithium market. Join 1,300+ attendees from across the global supply chain for a week of discussions, debate and deal-making.

September 16-18, 2024 | Amsterdam, Netherlands
Join 500+ key voices from across the global battery supply chain to focus in on Europe. You will delve into the policies and investment driving the region forward, the latest battery technologies, and how global demand is shaping available supply.

September 5-6, 2024 | Bali, Indonesia
Position yourself at the forefront of shaping Indonesia’s energy revolution. Decisions crafted within the borders of Indonesia echo globally, particularly in the realm of critical minerals and battery raw materials, influencing every facet of the supply chain. This summit serves as the nexus connecting Indonesia to the world, uniting senior government officials with international investors, miners, and manufacturers, as they map out the exciting new journey in Indonesia’s energy transition.

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

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Random Lengths • FastMarkets and more