Lithium Carbonate Price Today
Track the live price of battery-grade lithium carbonate in USD per metric ton. The Guangzhou Futures Exchange (GFEX) lithium carbonate contract is the leading global benchmark for EV battery-metal pricing.
Written by
MetalCharts EditorialPublished · Updated
The current lithium spot price is $163059.02 per metric ton, +0.04% over the past 24 hours.
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About Lithium
Lithium is a soft alkali metal and a critical input for rechargeable batteries powering electric vehicles, consumer electronics, and grid-scale energy storage. The Guangzhou Futures Exchange (GFEX) lithium carbonate contract is the leading global benchmark for battery-grade lithium pricing.
Symbol
LC
Unit
mt
Category
base
Exchange
GFEX
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Frequently Asked Questions About Lithium
- Why did lithium prices crash from 2022 highs?
- Lithium carbonate prices reached record highs in late 2022 as EV demand outran supply. Prices then fell sharply as new mining and refining capacity came online — particularly from Chinese converters and Australian and South American producers — pushing the market into surplus. The cycle illustrates how quickly battery-metal supply can respond to high prices.
- What is the difference between lithium carbonate and lithium hydroxide?
- Lithium carbonate is the more traded form and the underlying for the GFEX futures contract used as the primary global benchmark. Lithium hydroxide is preferred for high-nickel cathodes (NMC811 and NCA) used in long-range EVs. Spot prices for the two products often diverge based on the cathode mix demand.
- Where is lithium produced?
- Australia is the largest lithium producer (mostly hard-rock spodumene), followed by Chile and Argentina (brine operations in the 'Lithium Triangle'), and China. Refining capacity is heavily concentrated in China, which converts spodumene concentrate into battery-grade lithium chemicals.



