Global Lithium Mining Overview: A report by All India EV

Global Lithium Mining Overview: A report by All India EV
  • Market Cap: $33.9 billion
  • Operations: Albemarle controls several key lithium production sites, including Salar de Atacama (Chile), Wodgina Mine (Australia), and Silver Peak (Nevada, USA). The company is known for its expansive lithium extraction and processing operations, which contribute to a significant portion of the global lithium supply.
  • Production Capacity: Salar de Atacama produces 120,000 metric tons per year (ktpy) of lithium carbonate and 21,500 ktpy of lithium hydroxide, with plans to expand to 250 ktpy and 40 ktpy by 2025.
  • Market Cap: $29.6 billion
  • Operations: SQM’s key operations are based at Salar de Atacama, Chile, where it produces lithium carbonate and lithium chloride from brine.
  • Production Capacity: Salar de Atacama produces 120 ktpy of lithium carbonate and 21.5 ktpy of lithium hydroxide, similar to Albemarle’s output in the same region.
  • Market Cap: $25.0 billion
  • Operations: Tianqi Lithium holds a significant stake in the Greenbushes Mine in Australia, the largest hard rock lithium mine globally. It also operates various projects across China.
  • Production Capacity: Greenbushes produces around 1,340,000 metric tons of lithium spodumene concentrate per year.
  • Market Cap: $22.9 billion
  • Operations: Ganfeng Lithium is involved in several projects, including the Mount Marion Mine in Australia and multiple projects in China.
  • Production Capacity: Mount Marion produces approximately 450,000 metric tons of lithium spodumene concentrate annually.
  • Market Cap: $9.4 billion
  • Operations: Mineral Resources Ltd. has a 50% stake in the Wodgina Mine in Australia, jointly owned with Albemarle. They are also developing the Bald Hill Mine in Australia.
  • Production Capacity: Wodgina Mine produces 750,000 metric tons of lithium spodumene concentrate per year.
  • Market Cap: $8.6 billion
  • Operations: Pilbara Minerals operates significant lithium projects, including the Pilgangoora and Ngungaju projects in Australia.
  • Market Cap: $6.5 billion
  • Operations: Allkem’s main lithium production site is the Olaroz Lithium Facility in Argentina, which produces lithium carbonate from brine.
  • Production Capacity: Olaroz produces 42,000 metric tons of lithium carbonate annually.
  • Market Cap: $6.2 billion
  • Operations: Livent is involved in lithium hydroxide production in the USA, focusing on both brine and hard rock sources.
  • Production Capacity: Livent produces approximately 20,000 metric tons of lithium hydroxide per year.
  • Market Cap: $4.8 billion
  • Operations: Sichuan Yahua Industrial operates several lithium extraction projects in China.
  • Market Cap: $4.2 billion
  • Operations: Lithium Americas is developing the Thacker Pass project in Nevada, USA, and is also involved in the Cauchari-Olaroz project in Argentina.
  • Production Capacity: Thacker Pass is expected to produce 66,000 metric tons of lithium carbonate annually once operational.
CompanyMineLocationProduction Capacity
Albemarle CorporationSalar de AtacamaChile120,000 metric tons of lithium carbonate
Albemarle CorporationWodgina MineAustralia750,000 metric tons of lithium spodumene concentrate
Sociedad Química y MineraSalar de AtacamaChile120,000 metric tons of lithium carbonate
Tianqi LithiumGreenbushes MineAustralia1,340,000 metric tons of lithium spodumene concentrate
Ganfeng LithiumMount Marion MineAustralia450,000 metric tons of lithium spodumene concentrate
AllkemOlaroz Lithium FacilityArgentina42,000 metric tons of lithium carbonate
LiventLithium Hydroxide OperationsUSA20,000 metric tons of lithium hydroxide
Lithium AmericasThacker PassUSA66,000 metric tons of lithium carbonate (once operational)

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