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.

Smackover Lithium has reengaged with the US Department of Energy (DOE) over the permitting and recently approved grant for its South West Arkansas (SWA) project following the change in the country’s administration, a senior executive at one of the lithium joint venture partners said in a recent interview.

Brazilian Nickel plans to use a technology not typically applied to nickel laterite projects, but which it believes is the answer to boosting supply outside of Indonesia, the chief executive officer of the privately owned UK company has told Fastmarkets.

Cobalt market dynamics are intensifying as the DRC’s export suspension fuels volatility, raises supply chain concerns, and impacts global pricing and investments

Read Fastmarkets’ monthly battery raw materials market update for March 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more

Significant challenges lie ahead for Europe and its plans to decarbonize transport, industry experts have told Fastmarkets following the European Commission’s recent decision to relax emissions standards for domestic automakers.

Liontown Resources is turning its mind to dealmaking to expand its focus beyond its Kathleen Valley lithium mine in Australia, the company’s chief executive officer told Fastmarkets.

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 7-9, 2025 | Seoul, South Korea
Grand Hyatt Hotel
Fastmarkets Asian Battery Raw Materials & Recycling Conference is a must-attend event for anyone involved in the battery supply chain. Held in the heart of the battery materials industry, Seoul, this conference offers a unique opportunity to connect with key players from the mining, refining, recycling, and automotive sectors.

June 23-26, 2025 | Las Vegas, USA
2025 Theme: The energy revolution: Powering tomorrow

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.

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 • FastMarkets and more