The Global Battery Grade Micronized Lithium Carbonate Market was valued at USD 3.2 Billion in 2025 and is projected to reach USD 7.1 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 8.1% during the forecast period (2026–2034). This robust growth is being driven by the unprecedented global acceleration in electric vehicle (EV) adoption, the expansion of grid-scale energy storage systems, and the relentless pursuit of higher energy density battery technologies.

As the world charges towards a sustainable energy future, the spotlight is on the key producers of this critical battery raw material who are securing supply chains, driving innovation in purification, and enabling the next generation of lithium-ion technology. In this blog, we profile the Top 10 Companies in the Battery Grade Micronized Lithium Carbonate Industry—a mix of established global miners, chemical giants, and strategic regional players shaping the future of energy storage and electric mobility.

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🔟 1. Sociedad Química y Minera de Chile (SQM)

Headquarters: Santiago, Chile
Key Offering: High-Purity Lithium Carbonate, Battery Grade Lithium

SQM is one of the world’s largest and lowest-cost producers of lithium, derived from the vast brine resources of the Salar de Atacama in Chile. The company is a key supplier to the global battery industry, providing high-purity lithium carbonate essential for cathode manufacturing. SQM has embarked on ambitious expansion plans to significantly increase its lithium carbonate and hydroxide capacity to meet soaring demand.

Strategic Initiatives:

• Massive capacity expansion to reach 210,000 metric tons of lithium carbonate equivalent by 2025

• Strategic partnerships with leading cathode and battery manufacturers in Asia and Europe

• Investment in sustainable water management and community engagement programs in Chile

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

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9️⃣ 2. Albemarle Corporation

Headquarters: Charlotte, North Carolina, USA
Key Offering: Battery Grade Lithium Carbonate, Lithium Hydroxide

Albemarle is a leading global specialty chemicals company with a dominant position in the lithium market. Its portfolio includes lithium derived from both brine operations in Chile and hard-rock mines in Australia. The company supplies a significant portion of the battery-grade lithium carbonate required for Lithium Iron Phosphate (LFP) cathode chemistries, which are experiencing rapid growth, particularly in China.

Strategic Initiatives:

• “Lithium Master Plan” to expand global conversion capacity to 500,000 metric tons LCE by 2030

• Strategic acquisitions and investments to secure diverse lithium resources and refining capabilities

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8️⃣ 3. Livent Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Ultra-High Purity Lithium Carbonate, Butyllithium

Livent is a vertically integrated lithium producer with a long history of supplying high-performance lithium compounds. The company focuses on producing battery-grade lithium carbonate with a strong emphasis on quality and consistency, catering to premium battery applications. Livent’s downstream integration into specialty lithium materials provides a competitive edge in serving sophisticated customer requirements.

Strategic Initiatives:

• Expansion of lithium carbonate and hydroxide production capacity in Argentina and the USA

• Long-term supply agreements with major EV manufacturers like BMW and Tesla

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7️⃣ 4. Allkem Limited

Headquarters: Brisbane, Australia
Key Offering: Battery Grade Lithium Carbonate from Brine and Spodumene

Formed from the merger of Orocobre and Galaxy Resources, Allkem is a top-tier global lithium chemicals company. It operates the Olaroz Lithium Facility in Argentina, one of the largest brine-based lithium carbonate operations outside of Chile, and the Mt Cattlin spodumene mine in Australia. This dual-source strategy provides supply chain resilience.

Strategic Initiatives:

• Significant expansion projects at Olaroz and the development of the Sal de Vida brine project

• Building a merchant downstream lithium hydroxide plant in Japan

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6️⃣ 5. Jiangxi Ganfeng Lithium Co., Ltd.

Headquarters: Xinyu, Jiangxi, China
Key Offering: Comprehensive Portfolio of Battery-Grade Lithium Products

Ganfeng Lithium is the world’s largest lithium metals producer and a major global supplier of lithium compounds. The company has built a fully integrated lithium ecosystem, from resource extraction to battery recycling. It is a critical supplier to the Chinese battery industry and has established a strong international presence through strategic investments and offtake agreements.

Strategic Initiatives:

• Aggressive global expansion through acquisitions of lithium assets in South America, Australia, and Africa

• Vertical integration from mining to battery production and recycling

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

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5️⃣ 6. Tianqi Lithium Corporation

Headquarters: Chengdu, Sichuan, China
Key Offering: Battery Grade Lithium Carbonate, Lithium Hydroxide

Tianqi Lithium is a leading global lithium producer with a controlling interest in the world’s largest hard-rock lithium mine, Greenbushes in Australia, and a significant stake in SQM’s operations in Chile. The company operates large-scale lithium chemical conversion plants in China, supplying high-purity materials to the battery industry.

Strategic Initiatives:

• Commissioning of the Kwinana lithium hydroxide plant in Australia, one of the largest of its kind globally

• Focus on stabilizing operations and reducing debt following a period of aggressive expansion

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4️⃣ 7. Sichuan Yahua Industrial Group Co., Ltd.

Headquarters: Ya’an, Sichuan, China
Key Offering: Battery Grade Lithium Hydroxide and Carbonate

Sichuan Yahua has rapidly emerged as a significant player in the lithium industry, originally as an industrial explosives manufacturer. The company has vertically integrated into lithium production, securing spodumene concentrate supply from Australia and developing lithium chemical conversion capacity in China to serve the booming EV battery market.

Strategic Initiatives:

• Strategic partnership with Tesla for the supply of battery-grade lithium hydroxide

• Expansion of lithium chemical production capacity to capitalize on strong market demand

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3️⃣ 8. Shandong Ruifu Lithium Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: Battery Grade Lithium Carbonate, Lithium Iron Phosphate (LFP) Precursor

Shandong Ruifu Lithium is a specialized lithium compounds producer with a strong focus on the Chinese domestic market. The company produces battery-grade lithium carbonate that serves as a key feedstock for LFP cathode material manufacturers, a segment experiencing explosive growth due to its cost-effectiveness and safety advantages.

Strategic Initiatives:

• Capacity expansions aligned with the growth of the LFP battery sector in China

• Focus on cost leadership and efficient production processes

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2️⃣ 9. General Lithium Corporation

Headquarters: Jinchang, Gansu, China
Key Offering: Industrial and Battery Grade Lithium Carbonate

General Lithium is a significant Chinese producer with integrated operations that include lithium resource development and chemical processing. The company produces both industrial and battery-grade lithium carbonate, catering to the diverse needs of the energy storage and electric vehicle industries within China’s vast market.

Strategic Initiatives:

• Leveraging domestic Chinese lithium resources to ensure supply security

• Scaling production to meet the demands of the world’s largest EV market

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1️⃣ 10. Qinghai Salt Lake Industry Co., Ltd.

Headquarters: Golmud, Qinghai, China
Key Offering: Lithium Carbonate from Salt Lake Brines

Qinghai Salt Lake Industry is a major Chinese potash producer that has diversified into lithium extraction from the salt lake brines of the Qaidam Basin. The company is strategically important for China’s ambition to develop a self-sufficient lithium supply chain, reducing reliance on imported raw materials.

Strategic Initiatives:

• Pioneering lithium extraction technology from high magnesium-to-lithium ratio brines

• Playing a key role in China’s national strategic plan for critical minerals

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

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🌍 Outlook: The Future of Battery Materials Is High-Purity and Sustainable

The battery grade micronized lithium carbonate market is at the epicenter of the global energy transition. While demand is currently surging, the industry is investing billions in sustainable extraction technologies, refining innovations, and geographically diversified supply chains to ensure long-term stability.

📈 Key Trends Shaping the Market:

• Accelerated adoption of Direct Lithium Extraction (DLE) technologies for higher yields and lower environmental impact

• Regulatory push for localized battery supply chains in North America and Europe via policies like the U.S. Inflation Reduction Act

• Increasing emphasis on battery recycling to create a circular economy for lithium

• Automaker-miner alliances for direct sourcing to secure long-term supply and traceability

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

The companies listed above are not only supplying a critical enabler of electrification—they’re building the foundation for a cleaner, more sustainable global energy system.