According to Stratistics MRC, the Global Lithium Mining Market is accounted for $3.7 billion in 2022 and is expected to reach $5.71 billion by 2028 growing at a CAGR of 7.23% during the forecast period.
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The process of mining rocks and brines is used to extract lithium. The washing of the sodium carbonate in the shallow ponds with PVC linings and the evaporation of the brine. Lithium compounds are widely used in ceramics and glass. The potential properties of ceramics, such as greater strength, improved coating viscosity, improved glaze color, viscosity, strength, and luster of the ceramic bodies, are thought to be the main factors driving the ceramics market and subsequently boosting the growth of the lithium mining industry as a whole.
Some of the key players in Lithium Mining market include Albemarle Corporation, Bacanora Lithium, FMC Lithium, Galaxy Resources ltd, Ganfeng Lithium Co., Ltd., Jiangxi Ganfeng Lithium Co., Ltd., Lithium Americas Corporation, Livent Corporation, MGX Minerals Inc, Mineral Resources Limited, Nemaska Lithium, Orocobre Ltd, Piedmont Lithium, Inc, Pilbara Minerals Ltd., Savannah Resources, Sichuan Tianqi Lithium Industries, Sociedad Quimica y Minera, Tianqi Lithium Corporation, Wealth Minerals Ltd and Young Corporation Ltd.
Sources Covered:
• Brine
• Hard Rock
• Other Sources
Types Covered:
• Chloride
• Lithium Hydroxide
• Carbonate
• Concentrate
• Other Types
Applications Covered:
• Batteries
• Ceramics and Glass
• Lubricants & Grease
• Polymers
• Automotive
• Electronics
• Flux Powder
• Refrigeration
• Aluminum Production
• Air Conditioning Equipment
• Pharmaceuticals
• Cement Industry
• Others Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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