The Global High-purity Lithium Metal Market was valued at USD 1.42 Billion in 2023 and is projected to reach USD 3.25 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.7% during the forecast period (2023-2030). This expansion is fueled by surging demand for advanced batteries, lightweight aerospace alloys, and next-generation energy storage solutions.
As electrification transforms global industries, ultra-pure lithium (99.9%-99.99%) emerges as the critical enabler for breakthrough technologies. In this analysis, we examine the Top 10 Companies in the High-purity Lithium Metal Industry—pioneers driving innovation across extraction, refinement, and advanced material applications.
🔟 1. Ganfeng Lithium Group Co., Ltd.
Headquarters: Xinyu, China
Key Offering: 99.99% purity lithium metal ingots & foils
The world’s largest lithium producer operates across the entire value chain with 12 production bases globally. Ganfeng supplies 30% of global battery-grade lithium and maintains strategic partnerships with major automotive OEMs.
Recent Developments:
- Expanded lithium metal capacity to 35,000 metric tons annually
- Pioneering lithium clay extraction technology in Mexico
- Secured 8-year supply agreements with Volkswagen and BMW
Download FREE Sample Report: High-purity Lithium Metal Market – View in Detailed Research Report
9️⃣ 2. Albemarle Corporation
Headquarters: Charlotte, North Carolina, USA
Key Offering: 99.995% ultra-pure lithium metal
This chemical manufacturer operates the only commercial-scale lithium metal production facility in North America, with proprietary electrolysis technology yielding industry-leading purity levels.
Recent Developments:
- Investing $1.3 billion in Silver Peak lithium expansion
- Developing direct lithium extraction from geothermal brine
- Supplying 100% of North American lithium metal demand
8️⃣ 3. Sociedad Química y Minera de Chile (SQM)
Headquarters: Santiago, Chile
Key Offering: Battery-grade lithium from Atacama brine
SQM taps into Chile’s lithium-rich salt flats, producing ultra-pure lithium carbonate and hydroxide through solar evaporation processes with minimal environmental impact.
Recent Developments:
- Expanding capacity to 180,000 metric tons LCE by 2025
- Pioneering carbon-neutral lithium certification
- Strategic partnership with LG Energy Solution
7️⃣ 4. Livent Corporation
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