Lithium Price History

A long-term annual-average price series for lithium is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.

Latest tracked price: $7,800 per USD/t (as of 2026-05-03).

About Lithium

Lithium is the lightest metal and the key material in lithium-ion batteries for electric vehicles, grid storage, and consumer electronics. Demand is projected to grow 40-fold by 2040 driven by the global EV transition.

What drives Lithium prices

Lithium is the cornerstone of the global energy transition — without it, electric vehicles and renewable energy storage are not possible at scale. Demand is driven primarily by Lithium-ion battery anodes and electrolytes, Grid-scale energy storage systems, Consumer electronics batteries. Supply is concentrated in Australia, Chile, China, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Lithium prices.

Top end-uses driving Lithium demand

Top Lithium producers

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Frequently Asked Questions

What is the current lithium price?

The latest tracked lithium price is $7,800 per USD/t. Live spot prices are shown on the Lithium live-price page.

How has the lithium price changed in the last year?

A long-term annual-average series for lithium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the lithium price changed over the last 5 years?

A long-term annual-average series for lithium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the lithium price changed over the last 10 years?

A long-term annual-average series for lithium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

What drives lithium prices?

Lithium is the cornerstone of the global energy transition — without it, electric vehicles and renewable energy storage are not possible at scale. Demand is driven primarily by Lithium-ion battery anodes and electrolytes, Grid-scale energy storage systems, Consumer electronics batteries. Supply is concentrated in Australia, Chile, China, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Lithium prices.