Chile appears ranked #2 in the producer list for lithium on the Critical Minerals HQ Lithium page (out of 4 listed producers).
7800 USD/t (updated 2026-05-03T18:54:14.721Z) — see the Lithium live price page for refresh history and chart.
The global lithium market is the cornerstone of the energy transition, with Australia, Chile, China and Argentina supplying the overwhelming majority of mined lithium and the United States working to scale domestic supply for EV batteries, grid storage and consumer electronics.
On the supply side, the lithium mining market is dominated by four countries: Australia (hard-rock spodumene), Chile and Argentina (high-altitude brines in the Lithium Triangle), and China (a mix of mining and dominant refining capacity).
Australia, Chile, China and Argentina are the four largest lithium producers and together supply the overwhelming majority of mined lithium globally.
Australia leads in spodumene mining; Chile and Argentina lead in brine extraction; China dominates downstream refining.
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The global lithium market is the cornerstone of the energy transition, with Australia, Chile, China and Argentina supplying the overwhelming majority of mined lithium and the United States working to scale domestic supply for EV batteries, grid storage and consumer electronics.
On the supply side, the lithium mining market is dominated by four countries: Australia (hard-rock spodumene), Chile and Argentina (high-altitude brines in the Lithium Triangle), and China (a mix of mining and dominant refining capacity).