The Global Pharmaceutical Grade Lithium Carbonate Market was valued at USD 94.1 Million in 2024 and is projected to reach USD 143 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2025–2032). This growth is being driven by rising global prevalence of bipolar disorder, expanding mental health awareness, and the critical role of lithium carbonate as a first-line mood stabilizer in psychiatric care worldwide.

As the healthcare industry increasingly prioritizes mental wellness and effective long-term treatments for mood disorders, the spotlight is on the key pharmaceutical and chemical companies ensuring the reliable supply of high-purity lithium carbonate. In this blog, we profile the Top 10 Companies in the Pharmaceutical Grade Lithium Carbonate Industry—a mix of lithium mining giants, specialized pharmaceutical manufacturers, and innovative chemical producers shaping the future of mental healthcare.

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Pharmaceutical Grade Lithium Carbonate Market – View in Detailed Research Report

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🔟 1. Albemarle Corporation

Headquarters: Charlotte, North Carolina, USA
Key Offering: High-Purity Lithium Carbonate (99.5%+), Lithium Brine Derivatives

Albemarle is the world’s leading lithium producer and a dominant supplier of pharmaceutical-grade lithium carbonate, leveraging its extensive lithium brine operations in Chile and hard rock resources in Australia. The company’s pharmaceutical division serves major generic drug manufacturers and healthcare systems globally, with stringent quality control systems ensuring compliance with USP, EP, and JP pharmacopeia standards.

Quality & Innovation Initiatives:

• Vertical integration from mining to high-purity pharmaceutical production

• Investment in advanced purification technologies for >99.9% purity grades

• Strategic partnerships with global pharmaceutical companies for sustained-release formulations

Download FREE Sample Report:
Pharmaceutical Grade Lithium Carbonate Market – View in Detailed Research Report

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9️⃣ 2. Livent Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Pharmaceutical Grade Lithium Carbonate, Lithium Hydroxide

Livent operates one of the longest-running lithium production businesses globally, with dedicated pharmaceutical-grade manufacturing facilities meeting rigorous FDA and international regulatory standards. The company supplies active pharmaceutical ingredient (API) grade lithium carbonate to drug manufacturers across North America, Europe, and Asia, with particular strength in sustained-release tablet formulations.

Quality & Innovation Initiatives:

• Proprietary purification process ensuring batch-to-batch consistency

• Focus on therapeutic drug monitoring compatibility and dosing precision

• Research into novel lithium delivery systems for improved patient compliance

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8️⃣ 3. Jiangsu Nhwa Pharmaceutical Co., Ltd.

Headquarters: Xuzhou, Jiangsu, China
Key Offering: Lithium Carbonate Tablets, API Grade Lithium Carbonate

As China’s leading neuropsychiatric drug manufacturer, Jiangsu Nhwa Pharmaceutical dominates the Asian market for lithium carbonate formulations. The company controls significant portions of the Chinese bipolar disorder treatment market and exports pharmaceutical-grade lithium carbonate to emerging markets across Southeast Asia and the Middle East.

Quality & Innovation Initiatives:

• WHO-prequalified manufacturing facilities serving global health organizations

• Development of cost-effective sustained-release technologies for price-sensitive markets

• Expansion into combination therapies incorporating lithium carbonate

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7️⃣ 4. Essential Pharma LLC

Headquarters: Egham, Surrey, United Kingdom
Key Offering: Lithium Carbonate, Lithium Citrate Syrup, Specialty Formulations

Essential Pharma specializes in maintaining supply of essential medicines, including multiple lithium carbonate formulations for European and international markets. The company’s diverse product portfolio addresses specific patient needs, including liquid formulations for geriatric and pediatric populations who cannot swallow tablets.

Quality & Innovation Initiatives:

• EU-approved Lithium Citrate syrup for precise dosing in special populations

• Strategic acquisitions to secure supply chain for critical mental health medications

• Partnerships with healthcare providers to improve treatment access

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6️⃣ 5. Globe Quimica

Headquarters: São Paulo, Brazil
Key Offering: Pharmaceutical Grade Lithium Carbonate, Lithium Compounds

Globe Quimica is South America’s primary supplier of pharmaceutical-grade lithium carbonate, serving the rapidly growing mental healthcare markets across Latin America. The company leverages regional lithium resources while maintaining international quality standards, making it a key player in improving psychiatric treatment access throughout the continent.

Quality & Innovation Initiatives:

• Local production reducing dependency on imported mental health medications

• Adaptation of formulations for tropical climate stability

• Collaboration with public health systems for treatment affordability

Download FREE Sample Report:
Pharmaceutical Grade Lithium Carbonate Market – View in Detailed Research Report

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5️⃣ 6. ANI Pharmaceuticals, Inc.

Headquarters: Baudette, Minnesota, USA
Key Offering: Generic Lithium Carbonate Tablets, API Manufacturing

ANI Pharmaceuticals is a prominent US-based generics manufacturer with a strong portfolio of central nervous system medications, including multiple lithium carbonate formulations. The company’s integrated approach combines API manufacturing with finished dosage form production, ensuring supply chain reliability for this critical medication.

Quality & Innovation Initiatives:

• FDA-approved manufacturing facilities with robust quality systems

• Focus on affordable generic alternatives to improve treatment access

• Acquisition and revitalization of discontinued mental health drug products

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4️⃣ 7. Taj Pharmaceuticals Limited

Headquarters: Mumbai, Maharashtra, India
Key Offering: Lithium Carbonate API and Formulations, Generic Psychiatry Drugs

Taj Pharmaceuticals is a major Indian manufacturer supplying affordable lithium carbonate to emerging markets across Africa, Asia, and the Middle East. The company’s cost-effective production capabilities make it a vital supplier for healthcare systems with budget constraints but growing mental health treatment needs.

Quality & Innovation Initiatives:

• WHO-GMP certified manufacturing facilities

• Strategic focus on high-volume, low-cost production models

• Development partnerships with African healthcare providers

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3️⃣ 8. Qianjin Group

Headquarters: Shanghai, China
Key Offering: Pharmaceutical Grade Lithium Carbonate, Lithium Chemicals

Qianjin Group operates one of China’s largest lithium chemical production bases, with dedicated pharmaceutical-grade manufacturing lines serving both domestic and international markets. The company’s scale advantages enable competitive pricing while maintaining pharmacopeia standards required for mental health applications.

Quality & Innovation Initiatives:

• Large-scale production ensuring consistent market supply

• Investment in purification technologies for ultra-high purity grades

• Expansion into value-added lithium pharmaceutical intermediates

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2️⃣ 9. Jiangsu Lianhuan Pharmaceutical Co., Ltd.

Headquarters: Lianyungang, Jiangsu, China
Key Offering: Lithium Carbonate API, Finished Dosage Forms

Jiangsu Lianhuan Pharmaceutical specializes in neuropsychiatric medications, with lithium carbonate comprising a significant portion of their product portfolio. The company supplies both active pharmaceutical ingredient and finished tablets to domestic Chinese hospitals and export markets, with particular strength in sustained-release formulations.

Quality & Innovation Initiatives:

• Vertical integration from API to finished product manufacturing

• Focus on bioavailability optimization in sustained-release formulations

• Research into lithium’s potential neuroprotective applications

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1️⃣ 10. Axiom Lithium Inc.

Headquarters: Vancouver, British Columbia, Canada
Key Offering: Battery & Pharmaceutical Grade Lithium Products

Axiom Lithium is an emerging North American producer developing lithium resources with dual applications in energy storage and pharmaceuticals. The company’s strategy includes dedicated pharmaceutical-grade production lines to serve the mental health medication market while leveraging North American lithium resources.

Quality & Innovation Initiatives:

• Development of North American lithium supply chain for pharmaceutical applications

• Investment in sustainable extraction and purification technologies

• Partnerships with research institutions exploring new therapeutic applications

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Pharmaceutical Grade Lithium Carbonate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Pharmaceutical Grade Lithium Carbonate Is Precision and Accessibility

The pharmaceutical grade lithium carbonate market is undergoing a significant transformation. While the compound remains the gold-standard treatment for bipolar disorder, the industry is investing in improved formulations, precision dosing technologies, and expanded global access to meet growing mental health needs.

📈 Key Trends Shaping the Market:

• Advancements in sustained-release technology for improved patient compliance

• Integration of therapeutic drug monitoring with digital health platforms

• Expansion into emerging markets with growing mental health infrastructure

• Research into neurological applications beyond traditional psychiatry

Get Full Report Here:
Pharmaceutical Grade Lithium Carbonate Market – View in Detailed Research Report

The companies listed above are not only supplying essential mental health medications—they’re advancing the science and accessibility of critical psychiatric treatments worldwide.