Leading battery minerals worldwide 2022, based on highest price
As of November 2022, lithium carbonate was the most expensive battery mineral worldwide, with a price of over 78,000 U.S. dollars per metric ton. Cobalt ranked second, commanding a price of around 46,900 U.S. dollars per metric ton. As the global electric vehicle market expands, battery minerals used in the production of lithium-ion batteries have seen steep price increases in recent years.
