Lithium Metal and Lithium Carbonate in the world and Russia: Production, Market and Forecast

Abstract

1. World Lithium and Lithium Carbonate Market for 2018-2023

1.1 General characteristics of the world lithium and lithium carbonate market

1.2 World lithium production in 2018-2023

1.3 Major global lithium product manufacturers

1.3.1 Albemarle Corporation

1.3.2 Sociedad Quimica y Minera de Chile S.A. (SQM)

1.3.3. Tianqi Lithium Corporation

1.3.4 Ganfeng Lithium Group

1.4. Review of the price situation for lithium carbonate in 2018-2023

1.5. Main world trade flows (export-import) of lithium carbonate and hydroxide in 2018-2023

1.6. World lithium consumption in 2018-2023

1.7. Forecast for the development of the world lithium market in 2024-2040

2. Review of the lithium and lithium carbonate market in Russia in 20018-2023

2.1 Lithium production in Russia

2.2 Status of lithium and lithium carbonate producers in Russia

Projects for the extraction of ore lithium

Projects for the extraction of associated lithium from brines of oil and gas fields

2.3 Import of lithium carbonate by Russia

2.4 Export of lithium carbonate from Russia

2.5 Price situation for lithium carbonate in Russia

2.6 Consumption of lithium in Russia

2.7 Forecast for the development of the lithium market in Russia in the period 2024-2040

2.7.1 Forecast of lithium production in Russia

2.7.2 Forecast of lithium consumption in Russia

3. Conclusions of the study

Appendix 1: Contact information of Russian producers of lithium and lithium compounds

Appendix 2: Contact information of the main Russian consumers of lithium compounds 

Table 1. World production of lithium in raw materials in 2018-2023, thousand tons LCE/share, %. Table 2. Spodumene concentrate producing companies in Australia

Table 3. Lithium products producing companies from brines in Chile

Table 4. Major global lithium products producers

Table 5. Financial results of Albemarle and the Energy Storage business segment in 2018-2023, billion US dollars

Table 6. Mineral and chemical composition of spodumene concentrate grades produced by Albemarle in Australia, %

Table 7. Lithium production at Albemarle* mineral assets in 2020-2023, thousand tonnes

Table 8. Albemarle lithium reserves as of 1 January 2023

Table 9. Albemarle lithium resources as of 1 January 2023

Table 10. Financial performance indicators of SQM in 2018-2023, billion US dollars

Table 11. Production performance indicators of SQM in 2018-2023, thousand tons

Table 12. Key events in the development of Tianqi Lithium Corp.

Table 13. Tianqi Lithium production indicators in 2018-2023, thousand tons

Table 14. Tianqi Lithium financial indicators in 2018-2023, billion US dollars

Table 15. Major shareholders of Tianqi Lithium Corporation

Table 16. Key events in the development of Ganfeng Lithium Group

Table 17. Ganfeng lithium raw material sources

Table 18. Ganfeng Lithium production indicators in 2018-2022, thousand tons

Table 19. Major shareholders of Ganfeng Lithium

Table 20. Lithium carbonate price dynamics in 2018-2023, USD/kg

Table 21. Price dynamics for various grades lithium carbonate

Table 22. General factors affecting pricing

Table 23. Main exporters of lithium carbonate in 2018-2023, thousand tons/million dollars

Table 24. Regional structure of lithium carbonate imports in 2018-2023, %

Table 25. Regional structure of lithium hydroxide imports in 2018-2023, %

Table 26. Lithium carbonate imports by country in 2018-2023, thousand tons/million dollars

Table 27. Lithium hydroxide imports by country in 2018-2023, thousand tons

Table 28. Parameters of the global lithium market and its dynamics in 2018-2023

Table 29. Changes in the industry structure of lithium consumption in 2018-2023, %

Table 30. Structure of lithium-ion battery use by main areas in 2022-2023, %

Table 31. Volume of global demand for automotive lithium-ion batteries (in GWh) and lithium for their production (LCE, thousand tons)

Table 32. Volume of global sales of electric vehicles in 2018-2023,

Table 33. Main global manufacturers of lithium-ion batteries in 2023

Table 34. Forecast structure of production of batteries for electric vehicles in Europe by chemical composition up to 2040, %

Table 35. Forecast of the global lithium market up to 2040

Table 36. Forecast of lithium production in the world by main to producing countries from primary raw materials until 2040, in equiv. LCE thousand tons

Table 37. Major lithium deposit development projects in the world

Table 38. Structure of ongoing projects by region and type of raw material, %

Table 39. Lithium carbonate production in the Russian Federation in 2018-2023, tons

Table 40. Characteristics of the main Russian lithium compound mining projects

Table 41. Feasibility assessment of the main lithium carbonate production projects in the Russian Federation

Table 42. Lithium carbonate imports by Russia by supply directions (country of origin) in 2018-2023, tons

Table 43. Regions of lithium carbonate supply to Russia in 2018-2023, tons

Table 44. Directions of import deliveries (supplier country) of lithium carbonate in Russia in 2018-2023, t

Table 45. Lithium carbonate export from Russia in 2018-2023, t, million $

Table 46. Average import prices for lithium carbonate of Russian importers in 2018-2023, $/kg

Table 47. Average import prices for lithium carbonate of various Russian producers in 2018-2023, $/kg

Table 48. Average import prices for lithium carbonate of Russian importers in 2018-2023, $/kg

Table 49. Lithium consumption balance in Russia in 2018-2023, t LCE

Table 50. Estimated consumption structure of imported commercial lithium carbonate in Russia in 2018-2023 %

Table 51. Estimated lithium consumption structure in Russia in 2018-2023, %

Table 52. Main areas of lithium carbonate use and consumer companies in Russia

Table 53. Russian lithium-ion battery manufacturers in 2018-2023

Table 54. Analysis of tenders and competitions for the sale of lithium carbonate in Russia in 2019-2024, kg, rubles, rubles/kg

Table 55. Forecast of lithium production in Russia

Table 56. Forecast of lithium consumption in Russia for the period 2024-2040, thousand tons LCE

Figure 1. Dynamics of the global lithium market in 2018-2023, billion USD

Figure 2. Cost structure of lithium carbonate production from spodumene ore

Figure 3. Cost structure of lithium carbonate production from brines

Figure 4. Dynamics of lithium carbonate imports in physical and value terms in Russia in 2018-2023, t, million USD

Figure 5. Seasonality of Russian import supplies of lithium carbonate in 2021-2023, t

Figure 6. Dynamics of average import prices for lithium carbonate in Russia in 2021-2023, $/kg

Figure 7. Dynamics of global and Russian average import prices for lithium carbonate in 2021-2023, $/kg

Figure 8. Dynamics of domestic Russian consumption of lithium compounds in 2018-2023 (in LCE), t