January 8, 2024
Global lithium production remained relatively flat from 2010 to 2016 averaging about 35,000 tonnes. Production has since more than tripled to 130,000 tonnes in 2022. Australia and Chile have remained the leading producers, while China has emerged as a significant player. Fluctuations in production levels are influenced by market demand and resource availability. The growth in lithium production reflects the rising demand for lithium-ion batteries, particularly for the expanding electric vehicle market. Recent years have seen a surge in production as countries prioritize net-zero carbon goals.
Source: US. Geological Survey