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

Find a battery raw materials price
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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.

Lithium hydroxide spot prices continued to rise across the board in the week to Tuesday November 15, with key producers bringing expansion projects online and demand expected to remain healthy, market sources said

Battery raw materials analyst, Jordan Roberts, discusses whether unconventional lithium extraction will be able to satisfy current lithium supply/demand challenges

Five key takeaways from the annual nickel and cobalt conference hosted by Chinese information provider Antaike over November 2-4 in Changzhou, China

Junior lithium start-up, Green Lithium, will aim to produce 50,000 tonnes per year of battery-grade lithium to meet 6% of the EU and UK’s 2030 battery requirements

The government of Canada has ordered two Hong Kong-based companies and another in China to divest their shares in three lithium miners based in the North American country

Key battery raw materials such as cobalt and lithium were among the main discussion points at London Metal Exchange (LME) Week during the week of Monday, October 24

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 27-29, 2026
With rising demand for ESS and EVs, fast-growing black mass recycling, and accelerating non-China sourcing strategies, the Conference offers unmatched access to Asia’s fragmented BRM landscape.

June 22-25, 2026 | Las Vegas, USA
The industry’s flagship gathering of senior leaders securing supply, unlocking investment
and accelerating deal making across EV and energy storage markets.

September 15-17, 2026 | Budapest, Hungary

Secure a front-row seat for expert analysis and insights into the battery raw materials market – from the leaders and innovators shaping the industry.

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