We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 


Lithium: 5 things to look for in 2023

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

16 January 2023

Lithium: 5 things to look for in 2023

Report summary

The lithium market will continue to be underpinned by robust battery demand growth in 2023, with changes in cathode chemistry compositions and rising volume requirements shaping the demand-side landscape. Further development will be seen in supply, led by mineral production ramp-ups in China and development in the rest-of-world, encouraged by high prices. Direct sellable ore (DSO) production re-emerged last year and sales are expected to continue this year in Namibia and Australia. The pricing mechanism for lithium products will continue to evolve in 2023 as the lithium market matures.

Table of contents

  • Lithium DSO production to continue in 2023
  • Development in the southern cone of Africa
  • Mineral concentrate production in China on the rise
  • Demand growth and cathode chemistry changes
  • Evolution of pricing mechanisms

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Lithium: 5 things to look for in 2023

    PDF 736.69 KB