Top 10 Companies in the United States Base Lithium Market (2025): Market Leaders Powering Energy Storage and Electric Mobility

In Business Insights
June 10, 2025


The United States Base Lithium Market was valued at USD 678.5 Million in 2024 and is projected to reach USD 984.6 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period (2024-2030). This growth is driven by surging demand for lithium-ion batteries in electric vehicles, renewable energy storage systems, and consumer electronics, coupled with strategic government initiatives to secure domestic lithium supply chains.

As America accelerates its transition to clean energy, establishing a resilient lithium value chain has become a national priority. This analysis spotlights the Top 10 Companies shaping the U.S. base lithium market—from established chemical producers to innovative battery recyclers forging a sustainable circular economy.


🔟 1. Albemarle Corporation

Headquarters: Charlotte, North Carolina
Key Offering: Lithium Carbonate, Lithium Hydroxide, Specialty Compounds

Albemarle dominates U.S. lithium production through its Silver Peak brine operation in Nevada—currently the nation’s only active lithium mine—and its expanding Kings Mountain spodumene resource in North Carolina.

Strategic Developments:

  • Investing $1.3 billion to restart Kings Mountain mining operations by 2026
  • Pioneering direct lithium extraction (DLE) technologies for sustainable production
  • Long-term supply contracts with major EV manufacturers including Tesla

Download FREE Sample Report: United States Base Lithium Market – View in Detailed Research Report


9️⃣ 2. Livent Corporation

Headquarters: Philadelphia, Pennsylvania
Key Offering: Battery-Grade Lithium Hydroxide

Livent specializes in high-purity lithium compounds for electric vehicle batteries from its Bessemer City, NC facility, currently undergoing 50% capacity expansion.

Strategic Developments:

  • $1 billion investment program across U.S. and South American operations
  • Exclusive supply agreement with General Motors through 2026
  • Developing proprietary lithium processing technologies

8️⃣ 3. Piedmont Lithium Inc.

Headquarters: Belmont, North Carolina
Key Offering: Lithium Hydroxide, Spodumene Concentrate

Piedmont is developing a fully integrated lithium project in North Carolina’s historic Tin-Spodumene Belt, positioning itself as a future domestic leader.

Strategic Developments:

  • 30,000 metric ton/year lithium hydroxide plant under development
  • Strategic partnerships with Tesla and LG Energy Solution
  • Secured all necessary state permits for Carolina Lithium Project

7️⃣ 4. Lithium Americas Corp.

Headquarters: Vancouver, Canada (Major U.S. Operations)
Key Offering: Lithium Carbonate, Lithium Hydroxide

Though Canadian-based, Lithium Americas holds the Thacker Pass project in Nevada—the largest known lithium resource in North America.

Strategic Developments:

  • Received $2.2 billion DOE loan for Thacker Pass Phase 1 development
  • Planned 40,000 ton/year lithium carbonate production capacity
  • Partnering with GM on $650 million Phase 1 investment

Download FREE Sample Report: United States Base Lithium Market – View in Detailed Research Report


6️⃣ 5. Standard Lithium Ltd.

Headquarters: Vancouver, Canada (Arkansas Operations)
Key Offering: Battery-Grade Lithium Carbonate

Standard Lithium is commercializing innovative DLE technology at its Arkansas projects, potentially revolutionizing domestic lithium production.

Strategic Developments:

  • Operating demonstration plant in El Dorado, Arkansas since 2020
  • Strategic partnership with LANXESS for commercial-scale deployment
  • 99.9% pure lithium carbonate produced using proprietary process

5️⃣ 6. MP Materials Corp.

Headquarters: Las Vegas, Nevada
Key Offering: Rare Earth Materials, Lithium Exploration

While focused on rare earths, MP Materials is exploring lithium potential at its Mountain Pass, California site—North America’s only rare earth mine.

Strategic Developments:

  • Investigating lithium co-production from existing operations
  • $700 million investment in U.S. magnet manufacturing capacity
  • Strategic partnership with General Motors

4️⃣ 7. EnergySource Minerals

Headquarters: Imperial, California
Key Offering: Lithium Hydroxide from Geothermal Brine

EnergySource is commercializing sustainable lithium extraction from geothermal brines in California’s Salton Sea region.

Strategic Developments:

  • Proprietary ILiAD direct lithium extraction technology
  • Planned 20,000 ton/year lithium production facility
  • Strategic partnerships with geothermal power operators

3️⃣ 8. Controlled Thermal Resources

Headquarters: El Centro, California
Key Offering: Integrated Lithium and Geothermal Power

CTR is developing the Hell’s Kitchen project to produce lithium alongside renewable geothermal energy in California’s Imperial Valley.

Strategic Developments:

  • 20,000 ton/year lithium hydroxide production target
  • Over $1 billion committed to first phase development
  • Strategic partnership with General Motors

2️⃣ 9. American Lithium Corp.

Headquarters: Vancouver, Canada (Nevada Projects)
Key Offering: Lithium Carbonate from Claystone

American Lithium is advancing pre-feasibility studies on its TLC claystone lithium project near Tonopah, Nevada.

Strategic Developments:

  • Pilot plant testing innovative claystone processing methods
  • Strategically located near Tesla’s Nevada Gigafactory
  • Potential to utilize renewable energy for operations

1️⃣ 10. Lithion Battery

Headquarters: Henderson, Nevada
Key Offering: Recycled Lithium Compounds

Lithion Battery is establishing North America’s first large-scale lithium-ion battery recycling facility, creating a closed-loop supply chain.

Strategic Developments:

  • Patented 95%+ lithium recovery technology
  • 25,000 ton/year recycling capacity planned
  • Strategic partnerships with battery manufacturers

Read Full Report: United States Base Lithium Market – View in Detailed Research Report


🔋 Outlook: Building America’s Lithium Future

The U.S. lithium market stands at an inflection point as domestic production scales to meet booming demand from the energy transition. While traditional suppliers currently dominate, American projects across the value chain—from extraction to recycling—are gaining momentum through innovation and strategic partnerships.

📈 Key Market Trends:

  • Department of Energy investing $2.8 billion in battery material production
  • Breakthroughs in direct lithium extraction technologies reducing environmental impact
  • Automakers securing supply through direct investments in lithium projects
  • Geothermal lithium emerging as a sustainable domestic production pathway

Read Full Report: United States Base Lithium Market – View in Detailed Research Report

The profiled companies demonstrate how strategic investments and technological innovation are creating a vertically integrated U.S. lithium supply chain—one that powers both economic growth and the clean energy transition.