Below, we have listed the largest lithium mining companies according to their market capitalization. Note: Since the stock price of a publicly traded company changes every day, the market cap also fluctuates accordingly. 9. Lithium Americas 8. Livent 7. Allkem Limited 6. Sichuan Yahua Industrial 5. Pilbara Minerals 4. Tianqi Lithium Corporation 3.
Lithium mining drives the energy transition. Discover extraction methods, innovations like direct lithium extraction, and the seven largest companies shaping 2024. Already have an account? Log in now. Brine pools for lithium mining in Silver Peak, NV. Cavan Images/iStock / Getty Images Plus
Battery demand for electric vehicles, energy storage systems, and portable electronic devices is propelling lithium mining around the planet. As a result, worldwide lithium production increased by 21% in 2021 compared to 2020 to approximately 100,000 metric tons.
While EV pioneer Tesla has played a crucial role in popularizing the use of lithium-ion batteries, there is an entire ecosystem of lithium mining firms and battery manufacturers that are contributing a lot to this petrol-to-electric transformation.
For example, Australia’s largest lithium mine, Greenbushes, is owned and operated by Talison Lithium, which is 51 percent controlled by Tianqi Lithium Energy Australia, a joint venture between China’s Tianqi Lithium (SZSE: 002466,HKEX:9696) and Australia’s IGO (ASX: IGO,OTC Pink:IPDGF).
While Australia and Chile account for the majority of lithium supply, China has more than half of all capacity for refining it into specialized battery chemicals. As part of the country’s efforts to dominate the clean energy metals supply chain, three Chinese companies are also among the top lithium mining companies.