Top Leading Companies in the Global Lithium Metal Market 2025

Published Date : 2025-Jun-17

The global lithium metal market is powering ahead in 2025 as lithium continues to play a central role in the global clean energy revolution. Lithium metal, particularly in its ultra-pure form, is a critical raw material used in next-generation batteries, including solid-state batteries, as well as in aerospace, defense, and chemical synthesis applications.

In this blog, we explore the top global companies leading the lithium metal market in 2025, along with key market insights, innovations, trends, segmentation, and regional dynamics.


Market Overview

The Global Lithium Metal Market is experiencing transformative growth in 2025, driven by the surging demand for solid-state batteries, advanced energy storage systems, and high-performance applications in aerospace, defense, and specialty chemicals. As the world rapidly transitions toward clean energy and electric mobility, lithium metal—a high-energy-density, lightweight, and highly reactive material—has become a strategic resource in the global materials race.

Lithium metal, distinct from lithium compounds used in traditional lithium-ion batteries, is becoming essential for next-generation battery chemistries. With the global push toward longer-lasting, faster-charging, and safer energy storage, lithium metal is in high demand from manufacturers of solid-state batteries, especially in electric vehicles (EVs) and grid-level storage systems.

Key Market Figures

  • Market Value (2023): Approximately 10.61 Billion

  • Forecast Value (2032): Approximately 14.76 Billion

  • Expected CAGR (2023–2032): Approximately 5.9% (Globally)

  • Primary Uses: Batteries (especially solid-state), chemical synthesis, alloys, nuclear, aerospace

 

Would you like me to add more details on specific companies or market trends? Let me know! CLICK HERE

 

Top 10 Leading Companies – Lithium Metal Market (2025)

» Albemarle Corporation
  • Headquarters: Charlotte, North Carolina, USA

  • Founded: 1994

  • Employees: Approximately 7,400

  • Revenue (2024): Approximately $9.5 billion

  • Key Focus: Lithium metal and lithium derivatives

  • Highlights: One of the world's largest lithium producers; advancing solid-state lithium applications.

 

» Ganfeng Lithium Co., Ltd.
  • Headquarters: Jiangxi, China

  • Founded: 2000

  • Employees: Approximately 10,000

  • Revenue (2024): Approximately $8.8 billion

  • Key Focus: Lithium extraction, lithium metal production

  • Highlights: Produces battery-grade lithium metal and supports several solid-state battery start-ups.

 

» Lithium Americas Corp.
  • Headquarters: Vancouver, Canada

  • Founded: 2007

  • Employees: Approximately 600

  • Revenue (2024): Approximately $1.2 billion

  • Key Focus: Lithium development and lithium metal joint ventures

  • Highlights: Partnering with U.S. government and EV manufacturers for domestic supply chain security.

 

» Livent Corporation
  • Headquarters: Philadelphia, Pennsylvania, USA

  • Founded: 2018 (spun off from FMC Corporation)

  • Employees: Approximately 1,200

  • Revenue (2024): Approximately $1.4 billion

  • Key Focus: High-purity lithium metal for aerospace and batteries

  • Highlights: Key supplier to solid-state battery developers in the U.S. and Europe.

 

» Tianqi Lithium Corporation
  • Headquarters: Chengdu, China

  • Founded: 1995

  • Employees: Approximately 3,500

  • Revenue (2024): Approximately $7.3 billion

  • Key Focus: Lithium hydroxide and lithium metal

  • Highlights: Major supplier to Asia-Pacific and Europe’s battery manufacturers.

 

» American Battery Technology Company (ABTC)
  • Headquarters: Reno, Nevada, USA

  • Founded: 2011

  • Employees: Approximately 300

  • Revenue (2024): Approximately $150 million

  • Key Focus: Lithium metal from recycled batteries

  • Highlights: Pioneering closed-loop lithium recovery for metal production.

 

» China Lithium Products Technology Co., Ltd.
  • Headquarters: Hunan, China

  • Founded: 2005

  • Employees: Approximately 1,000

  • Revenue (2024): Approximately $450 million

  • Key Focus: High-purity lithium metal sheets and foil

  • Highlights: Strong presence in China’s solid-state and aerospace sectors.

 

» Talison Lithium (JV of Albemarle & Tianqi)
  • Headquarters: Perth, Australia

  • Founded: 2009

  • Employees: Approximately 300

  • Revenue (2024): Approximately $800 million

  • Key Focus: Lithium concentrate (converted to lithium metal downstream)

  • Highlights: Supplies key raw materials for lithium metal production.

 

» Solvay S.A.
  • Headquarters: Brussels, Belgium

  • Founded: 1863

  • Employees: Approximately 21,000

  • Revenue (2024): Approximately $11 billion

  • Key Focus: Specialty lithium compounds & niche lithium metal

  • Highlights: Supplies lithium compounds for aerospace and defense uses.

 

» NovaMetallix (Private)
  • Headquarters: California, USA

  • Founded: 2018

  • Employees: Approximately 50

  • Revenue (2024): Approximately $30 million

  • Key Focus: Thin lithium metal foil for solid-state batteries

  • Highlights: Startup specializing in lithium metal innovation for EV batteries.

 

Regional Analysis

North America
  • Growing lithium refining and metal production to reduce reliance on imports

  • Strong government backing for domestic lithium supply chains

Europe
  • High demand from solid-state battery R&D and EV automakers

  • Regional push for supply security and green mining practices

Asia-Pacific
  • China leads in production, refining, and exports of lithium metal

  • Japan and South Korea advancing in battery manufacturing partnerships

Latin America
  • Abundant lithium resources (especially in Argentina, Chile, Bolivia)

  • Growing interest in value-added processing for lithium metal

 

Market Segmentation

By Product Form
  • Lithium Metal Ingots

  • Lithium Metal Foil

  • Lithium Metal Powder

  • Lithium Metal Anodes

By Application
  • Solid-State Batteries

  • Aerospace & Defense

  • Alloys & Metallurgy

  • Medical Equipment

  • Chemical Synthesis

By End User
  • EV & Battery Manufacturers

  • Aerospace Companies

  • Chemical & Pharma Industries

  • Government/Defense Contractors

  • Energy Storage System Providers

 

Growth Trends – 2025

  • Rise of Solid-State Batteries: Driving lithium metal demand for high-performance EVs

  • Recycled Lithium Metal: Sustainable lithium recovery becomes commercially viable

  • Lithium Foil Demand: Surge in ultra-thin lithium foil for anode applications

  • Green Mining & Refining: Environmental focus reshaping lithium extraction methods

  • Vertical Integration: Battery OEMs securing lithium metal via acquisitions & partnerships

 

Recent Innovations

  • Roll-to-Roll Lithium Foil Production: Scalable production for battery gigafactories

  • Solid Electrolyte Compatibility Testing: To prevent dendrite formation in lithium metal cells

  • Closed-Loop Lithium Recovery Systems: Turning battery waste into high-purity lithium metal

  • High-Throughput Foil Coaters: For industrial lithium anode manufacturing

 

Frequently Asked Questions (FAQs)

1. What is lithium metal used for?

Answer: Lithium metal is used in solid-state batteries, aerospace alloys, nuclear reactors, pharmaceuticals, and specialty chemical synthesis.

2. How is lithium metal different from lithium-ion battery materials?

Answer: Lithium metal is the raw, metallic form—used primarily in next-gen batteries—while lithium-ion cells use lithium compounds (like lithium cobalt oxide).

3. What’s driving lithium metal demand in 2025?

Answer: Solid-state battery development, electric vehicles, and the aerospace industry are the main drivers.

4. Who are the biggest producers of lithium metal?

Answer: Albemarle, Ganfeng Lithium, Tianqi Lithium, and Livent are among the top producers.

5. Is lithium metal safe?

Answer: Lithium metal is highly reactive, especially with water or moisture. It must be handled and stored carefully in inert or dry environments.

6. Can lithium metal be recycled?

Answer: Yes, companies like ABTC and Li-Cycle are advancing recovery technologies for lithium metal from used batteries.

7. What’s the future of lithium metal?

Answer:As solid-state batteries scale up, lithium metal will become a cornerstone of EV and energy storage innovation through 2030 and beyond.

 

The global lithium metal market in 2025 is experiencing explosive growth as demand from solid-state battery technology, aerospace, and green energy storage soars. With increasing focus on local supply chains, recycling, and technological innovation, the companies leading this market are not just supplying a metal—they are fueling the electrified future.

As the battery wars intensify, lithium metal will be the critical link powering the next generation of EVs, aircraft, and grid-scale storage solutions.


 

About US:

IMIR Market Research is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including, Semiconductor, aerospace, Automation, Agriculture, Food & Beverages, Automotive, Chemicals and Materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports.

Contact Us: IMIR Market Research Pvt. Ltd.

Email: sales@intellectualmarketinsights.com

Call Us: +1 (814) 487 8486

To Gain Further Insights on
this Market, Write Us: