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.

Choose your market

Select a market to learn more about how we can help you

Learn more about our products and services

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
Download a copy of our full BRM price list

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.

France-based metallurgy firm Eramet and utility company Suez announced this week that they will begin the recycling of electric vehicle (EV) batteries at a site in Dunkirk, northern France, beginning in 2025

Silicon production outside China will need to increase significantly if it is to provide sufficient material to produce battery anodes for the energy transition in the rest of the world, sources told Fastmarkets in the week to Tuesday September 26

Delegates at Fastmarkets’ European Battery Raw Materials Conference in Amsterdam, held September 18-20, discussed their expectations and the likely developments in the global battery raw materials markets. Here are five key takeaways

China’s lithium prices continued to decrease over the week to Thursday September 21 amid ongoing downward pressure from scarce spot demand and bearish sentiment, as well as weakening Chinese futures

Demand for black mass in key Asian import markets has faced further pressure in the past week amid weakening battery metals prices which are leaving consumers of the shredded battery powder with poor margins, sources said

September and October are usually peak demand months for Chinese markets, leading to them being coined “Golden September” and “Silver October”. However, demand may fail to meet traditional expectations in China’s lithium market this year

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