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.

Mining executives are weighing the benefits and challenges of Chinese partnerships while grappling with price slumps and the looming impact of the US Inflation Reduction Act.

The process to pick a partner for Codelco’s lithium properties in the Maricunga salt flat is highly competitive, with a result due at the start of 2025, the company’s chairman told Fastmarkets.

The report details the EU’s efforts to secure critical raw materials through 14 strategic partnerships with non-member countries. These partnerships aim to diversify the EU’s supply chain for materials essential to its clean energy transition and industrial competitiveness. Norway, Australia and Serbia were highlighted as new partnerships established in 2024. According to the report, strategic […]

What is spodumene and how does it fit into the battery raw materials (BRM) value chain? Spodumene is a key feedstock in the production of lithium salts, which are a crucial component in lithium-ion batteries. Because spodumene is a key feedstock, the price can be viewed as an indicator of the overall health of the […]

The price of standard-grade cobalt has fallen to its lowest so far this year in the week ending Friday September 20, on slow demand and continued oversupply.

Critical metal refiner Nth Cycle became the first company in the US to produce premium nickel-cobalt mixed hydroxide precipitate (MHP) this week, when it began commercial-scale operations on Monday September 9

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 25-26, 2025 | Shanghai, China
Place yourself at the epicentre of EV excellence and ESS innovation in the BRM industry’s heartland.
Fastmarkets is returning to Shanghai in 2025, assembling the key opinion leaders, government representatives and innovators impacting the future of China’s battery raw materials supply chain in 2025 and beyond.

2025年2月25-26日 | 中国,上海
置身全球电池材料核心大国,领略中国电动汽车与储能行业的发展成果及市场潜力!Fastmarkets将于2025年2月重返中国上海,携手中国五矿集团共同举办电池材料会议。届时,会议将邀请国内外电池产业链专家学者、头部企业代表和政府官员共同探讨动力电池行业时下热点与市场前景,分享行业最前沿技术、创新成果,推动动力电池行业协同发展,完善并提升产业链。

April 7-9, 2025 | Seoul, South Korea
Grand Hyatt Hotel

June 23-26, 2025 | Las Vegas, USA
2025 Theme: 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 • FastMarkets and more