Top 10 Companies in the Solid‑State Metals and Minerals Market (2026): Market Leaders Powering Global Innovation

Solid‑State Metals and Minerals Market Insights

Solid‑state metals and minerals encompass high‑purity lithium, nickel, cobalt, graphite, and emerging rare‑earth compounds that enable next‑generation solid‑state batteries and advanced electronic devices. Their demand is accelerating as automotive manufacturers shift toward solid‑state battery electric vehicles, while consumer electronics seek higher energy density and safety. Consequently, the market benefits from sustained R&D investments, expanding production capacity, and supportive policy frameworks aimed at decarbonization.

Global solid‑state metals and minerals market size was valued at USD 5,000 million in 2025. The market is projected to grow from USD 5,200 million in 2026 to USD 12,000 million by 2034, exhibiting a CAGR of 10% during the forecast period.

Solid‑state metals and minerals refer to high‑purity elements such as lithium, nickel, cobalt, graphite, and rare‑earth compounds that are engineered to provide superior electrical conductivity, thermal stability, and mechanical strength for use in next‑generation batteries, electronics, aerospace, and industrial applications.

Top 10 Companies in the Solid‑State Metals and Minerals Market (2026)

1️⃣ Rio Tinto

Headquarters: London, United Kingdom & Perth, Australia
Key Offering: Global supply of high‑purity lithium, nickel, cobalt, and rare‑earth minerals for solid‑state battery and alloy manufacturing.

Rio Tinto is a leading vertically integrated mining conglomerate that controls extraction, processing, and initial supply chain of critical commodities. Its extensive asset portfolio across continents ensures consistent feedstock for solid‑state battery manufacturers and advanced alloy producers.

Sustainability & Growth Initiatives:

• Investing in low‑emission mining and processing technologies.
• Expanding lithium and cobalt production to meet EV battery demand.
• Partnering with battery developers for dedicated supply agreements.

2️⃣ BHP

Headquarters: Melbourne, Australia
Key Offering: Production of high‑purity nickel, cobalt, and copper for solid‑state battery and electronic applications.

BHP’s integrated mining operations provide a stable supply of critical metals, supporting the rapid expansion of solid‑state battery production.

Sustainability & Growth Initiatives:

• Carbon‑neutral mining targets by 2030.
• Investment in advanced recycling of metal streams.
• Collaboration with automotive OEMs for joint development projects.

3️⃣ Vale

Headquarters: Rio de Janeiro, Brazil
Key Offering: High‑purity nickel and cobalt for solid‑state battery and alloy manufacturing.

Vale’s strategic focus on nickel production supports the growing demand for high‑energy‑density solid‑state batteries.

Sustainability & Growth Initiatives:

• Investment in low‑emission smelting processes.
• Recycling of spent battery materials.
• Partnerships with renewable energy projects.

4️⃣ Glencore

Headquarters: Baar, Switzerland
Key Offering: Global supply of copper, nickel, cobalt, and lithium for solid‑state battery and electronics.

Glencore’s diversified portfolio and logistics network enable it to meet the escalating demand for solid‑state materials.

Sustainability & Growth Initiatives:

• Carbon‑neutral mining and processing targets.
• Investment in renewable energy for operations.
• Supply‑chain transparency and traceability.

5️⃣ Freeport‑McMoRan

Headquarters: Phoenix, United States
Key Offering: High‑purity copper, nickel, and cobalt for solid‑state battery and electronic components.

Freeport‑McMoRan’s integrated operations support the growing demand for high‑quality metals in solid‑state technologies.

Sustainability & Growth Initiatives:

• Reducing greenhouse‑gas emissions across the value chain.
• Investment in advanced recycling of metal streams.
• Collaborations with battery developers for dedicated supply.

6️⃣ Norilsk Nickel

Headquarters: Norilsk, Russia
Key Offering: Production of nickel and cobalt for solid‑state battery and alloy manufacturing.

Norilsk Nickel’s large‑scale production capacity supports the rapid scaling of solid‑state battery manufacturing.

Sustainability & Growth Initiatives:

• Emission‑reduction targets and clean‑energy adoption.
• Investment in recycling of spent battery materials.
• Partnerships with automotive OEMs for joint development.

7️⃣ Anglo American

Headquarters: London, United Kingdom
Key Offering: Lithium and cobalt streams for solid‑state battery technologies.

Anglo American’s lithium division focuses on high‑purity lithium production to meet the EV battery demand.

Sustainability & Growth Initiatives:

• Carbon‑neutral mining targets by 2030.
• Investment in advanced recycling and circular economy.
• Strategic partnerships with battery developers.

8️⃣ Teck Resources

Headquarters: Vancouver, Canada
Key Offering: Copper, nickel, and cobalt for solid‑state battery and electronic applications.

Teck’s integrated operations support the growing demand for high‑purity metals.

Sustainability & Growth Initiatives:

• Low‑emission mining and processing.
• Recycling of spent battery materials.
• Collaborations with automotive OEMs.

9️⃣ Southern Copper

Headquarters: Mexico City, Mexico
Key Offering: Copper and nickel for solid‑state battery and electronic components.

Southern Copper’s extensive copper production supports the growing demand for solid‑state battery materials.

Sustainability & Growth Initiatives:

• Carbon‑neutral mining and processing targets.
• Investment in recycling of metal streams.
• Partnerships with battery developers.

🔟 SQM

Headquarters: Santiago, Chile
Key Offering: High‑purity lithium and cobalt for solid‑state battery technologies.

SQM’s focus on high‑purity lithium and cobalt streams supports the rapid expansion of solid‑state battery manufacturing.

Sustainability & Growth Initiatives:

• Carbon‑neutral operations by 2030.
• Investment in advanced recycling of battery materials.
• Strategic partnerships with automotive OEMs.

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The solid‑state metals and minerals market is on a trajectory of exponential growth, driven by the convergence of automotive electrification, renewable energy storage, and advanced electronics. Key factors shaping the outlook include:

• Accelerated adoption of solid‑state batteries in electric vehicles and grid‑scale storage.
• Strategic investments in high‑purity lithium, nickel, cobalt, and rare‑earth supply chains.
• Policy incentives and decarbonization mandates across North America, Europe, and Asia‑Pacific.
• Innovation in recycling technologies and circular economy models.

Emerging trends that will shape the next decade include:

• Advanced powder‑metallurgy and additive manufacturing techniques for tailored alloy properties.
• Development of ultra‑high‑purity lithium‑ion precursors and rare‑earth compounds for quantum computing and high‑performance electronics.
• Integration of solid‑state materials into renewable energy infrastructure, such as high‑grade alloys for wind turbine blades and solar‑plus‑storage systems.
• Expansion of recycling and circular economy initiatives to reduce reliance on primary mining.
• Strategic collaborations between mining conglomerates, battery developers, and technology firms to secure dedicated supply agreements.