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Most expensive battery minerals worldwide as of November 2022 (in U.S. dollars per metric ton)

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Release date

November 2022

Region

Worldwide

Survey time period

November 2022

Supplementary notes

Figures are based on the November 8, 2022 exchange rate of 0.138 U.S. dollars to one Chinese yuan.
*Manganese ore costs approximately four U.S. dollars per metric ton, but batteries use electrolytic manganese metal, which is a processed and refined form of manganese.

Citation formats

Leading battery minerals worldwide 2022, based on highest price

Published by
Doris Dokua Sasu,
Dec 7, 2022

As of November 2022, lithium carbonate was the most expensive battery mineral worldwide, with a price of over * U.S. dollars per metric ton. Cobalt ranked second, commanding a price of around * U.S. dollars per metric ton. As the global electric vehicle market expands, battery minerals used in the production of lithium-ion batteries have seen steep price increases in recent years.

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Battery minerals worldwideEnergy industry worldwideNickel mining worldwideLithium industry worldwideStrategic minerals worldwide
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