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.

US carmaker Ford has secured long-term supplies of battery-grade lithium from major producers Albemarle and Sociedad Quimica y Minera (SQM)

With competition heating up for the metals that are critical for the energy transition, companies that use these metals have been tapping junior miners with significant deposits to ensure supply, even when the start of production at these mines are years away

Delegates at the Cobalt Congress conference in Istanbul, Turkey, held May 9-11, discussed expectations and developments in the global cobalt market following a volatile 12 months. Here are four key takeaways

Resource nationalism in Western economies was expected to be a major driver of investment in the cobalt supply chain in the second half of this decade

Li-Cycle more than doubled its production of black mass in the first quarter of 2023 thanks to its new and upgraded electric vehicle (EV) battery recycling “spokes” in the United States

China’s automotive output and sales dropped in April 2023 versus the prior month, with both largely subdued by general caution among consumers that had been fueled by the price wars in the automotive sector during the month

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

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

March 24-26, 2026 | Shanghai, China
Backed by Fastmarkets’ independent analysis, it is where the market gains direct visibility into China’s production strategies, policy direction and pricing outlooks. Delegates use this access to anticipate shifts in costs, trade and demand, and to strengthen their position in the global battery supply chain.

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 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