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.
The possibility that tax credits for electric vehicles (EVs) will be rescinded under the new administration of President-elect Donald Trump has given US sales – and some automotive manufacturers – a long sought-after boost.
China issued its first national standard for black mass material used in lithium-ion battery recycling on the final day of 2024, with market participants expecting that it will provide clearer guidance on importing the material into the powerhouse country, Fastmarkets heard on Friday January 10.
Chinese battery maker Contemporary Amperex Technology Co., Limited (CATL) has been added to the US Department of Defense’s Chinese Military Company (CMC) list.
Read our outlook on the EV market for 2025, including insights into how increasing production in China will shape the industry.
Get the key takeaways from our recent webinar on the global outlook for the battery raw materials (BRM) market in 2025.
Europe’s hopes of an independent battery supply chain are in jeopardy, some market participants said, after a recent spate of company announcements that were widely regarded as bearish for the burgeoning sector.
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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