The price of "1 lithium" in India depends heavily on context: it could be the cryptocurrency Lithium Finance (LITH), valued at a fraction of a rupee (around ₹0.0005), or the raw metal, priced in tons (e.g., ₹140,000 per unit on Trading Economics, possibly per 1000kg), or lithium batteries, costing thousands of rupees for various capacities.
The current price of Lithium is ₹0.000526 per LITH. With a circulating supply of 5,242,220,240 LITH, it means that Lithium has a total market cap of ₹2,775,009.44. The amount of Lithium traded has fallen by -₹262.48 in the last 24 hours, which is a 99.33% decrease.
As of early January 2026, lithium prices vary significantly by form, with battery-grade lithium carbonate around $14.50 - $17/kg and lithium hydroxide also near $13 - $17/kg (CIF Asia), while purer forms like 99.9% metal are much higher (around $2,700/kg for bulk on Alibaba), reflecting high demand for batteries but recent oversupply driving carbonate/hydroxide prices down from 2022 peaks. Prices are volatile, influenced by supply cuts in Australia and EV demand, especially in China, with long-term forecasts expecting tighter markets.
Bradley Intelligence Report. In the past year, the global lithium market has been characterized by a significant shift in dynamics, with prices falling precipitously. Despite spot prices reaching over $80,000 per ton in December 2022, they sit at just over $13,000 per ton as of Jan.
The last known price of Lithium is 0.00000587 USD and is up 0.00 over the last 24 hours.
China's the largest consumer of lithium because of its booming electronics and electric vehicle industries.
Globally, Australia led production in 2023, contributing over half of the world's lithium output. Bolivia, Chile, and Argentina (the “lithium triangle”) hold the largest estimated resources, with nearly 50 million tonnes of lithium.
Lithium prices fell primarily due to a significant oversupply caused by new mines coming online and high inventories, coupled with slower-than-expected electric vehicle (EV) demand growth, which created a market correction after a massive price boom peaking in 2022, squeezing miners despite ongoing EV adoption and energy storage needs.
Electrovolt 12KW Lithium Battery for ESS 120V 100Ah Lithium Phosphate Battery at ₹ 151000 | LFP Battery in Gurugram | ID: 2855733504133.
Powering Electric Mobility Revolution
India's EV growth depends on stable supply of these minerals, especially lithium-ion battery components. India imports 100% of lithium and cobalt; over 70% of lithium from China. These are critical for schemes like FAME II and EV production targets.
Solar Rechargeable Lithium Ion Battery, Capacity: 1kW at ₹ 16500/piece in New Delhi.
Australia – 55,000 MT
Australia has more than 2.7 million MT of lithium reserves. Its lithium is taken from hard-rock mines, with China being the market's biggest importer of the product.
India is set to become the sixth-largest holder of lithium resources worldwide, ahead of China. Peterson Institute for International Economics. The discovery of lithium reserves in India could help the country to become a leading green industrial power.
As of early January 2026, lithium prices vary significantly by form, with battery-grade lithium carbonate around $14.50 - $17/kg and lithium hydroxide also near $13 - $17/kg (CIF Asia), while purer forms like 99.9% metal are much higher (around $2,700/kg for bulk on Alibaba), reflecting high demand for batteries but recent oversupply driving carbonate/hydroxide prices down from 2022 peaks. Prices are volatile, influenced by supply cuts in Australia and EV demand, especially in China, with long-term forecasts expecting tighter markets.
Yes, Warren Buffett's company, Berkshire Hathaway, is actively investing in lithium production through a joint venture with Occidental Petroleum (OXY) to extract it from geothermal brine in California, aiming for a domestic supply for the EV market, even though he's traditionally avoided direct lithium mining stocks. They are using advanced Direct Lithium Extraction (DLE) technology to turn a byproduct of geothermal energy into valuable battery-grade lithium.
For larger AC units, using lithium batteries is possible, but you'll need to manage your power carefully. A 100 Ah lithium battery can typically power a 15,000 BTU AC unit for about 30 to 45 minutes.
With the demand from EVs and grid battery storage expected to account for 91% of lithium use by 2035,3, lithium demand is expected to rise substantially. As supply adjustments take hold and global EV demand remains relatively strong, our outlook on lithium remains positive.
At the end of 2021, Tesla inked a three-year lithium supply deal with top lithium producer Ganfeng Lithium (OTC Pink:GNENF,SZSE:002460), and the Chinese company began providing products to Tesla starting in 2022.
Currently, India imports nearly 100% of its lithium, with the majority coming from China, which controls 60–70% of global refining capacity. Without domestic refining infrastructure, India remains exposed to geopolitical risks, supply bottlenecks, and price volatility.
Lithium is a prolific alkali metal found worldwide and in the U.S. Some of the top countries for lithium are Australia, Chile, and China.
As of 2023, 53% of the world's annual lithium supply is mined in Australia, and 96% of it is exported to China for processing.
The most important use of lithium is in rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles.
Tesla secures its lithium supply from multiple global suppliers, including Ganfeng Lithium, Arcadium Lithium, Sichuan Yahua Industrial Group, and Piedmont Lithium. The company also sources lithium spodumene concentrate from Liontown Resources in Australia and is developing its own lithium refinery in Texas.