The lithium carbonate market is set to see a 22.74% CAGR by 2031, driven largely by the demand from electric vehicles and energy storage sectors.

LG Energy Solution has secured a multi-year agreement with Smackover Lithium to obtain battery-grade lithium carbonate, enhancing their local supply chain for energy storage systems.

Recent concept study reveals potential pathways for refining spodumene into battery-grade lithium carbonate at Shaakichiuwaanaan, advancing sustainability goals.

Select Water Solutions and LibertyStream have announced a partnership to establish lithium carbonate production facilities in Texas, slated for completion by December 2026.

Sustainable Projects Group aims to establish a 9,000 metric ton lithium carbonate facility in Alberta, showcasing their innovative extraction technology.

The lithium carbonate market is projected to reach $102.8 billion by 2033, driven by the rising demand for electric vehicles and renewable energy solutions.

Ascend Elements plans to launch a new lithium recovery line in Covington, GA, enhancing U.S. lithium carbonate production by 60% by 2025, enabling domestic supply.