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 and spodumene
- 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.
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
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
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.
Read Fastmarkets’ monthly battery raw materials market update for April 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more
President Trump’s recent tariffs, including a 25% levy on imported vehicles, have disrupted the US economy, triggering market turmoil, retaliatory actions and challenges for industries like EVs and battery raw materials. With rising inflation, reduced consumer confidence and a bleak growth outlook, economic pressure continues to mount.
EV advocate Quentin Willson talks myths, market trends and the road ahead
The disconnect between spodumene and lithium salts prices has become a major focus in the global battery raw materials market, as discussed at the 2025 Fastmarkets conference in Shanghai. Factors like new pricing mechanisms, spodumene auctions and shifting supply-demand trends highlight the need for improved risk management tools and price transparency.
The 2025 executive order on U.S. mineral production is a major step toward strengthening domestic supply chains and national security. By boosting domestic mineral production, it aims to reduce reliance on imports and ensure a secure future for critical industries. This order will shape the future of U.S. mining and its role in global markets.
The United States is taking steps to strengthen its critical mineral supply. This move focuses on boosting domestic production, improving supply chains, and addressing regulatory challenges. These efforts aim to enhance economic growth and reinforce national security.
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.
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.
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