Global production volume of battery minerals 2023

Published by
Madhumitha Jaganmohan,
Jun 11, 2024

As of 2023, iron ore was the most voluminously produced of the minerals that are used in the production of batteries, at 1.5 billion metric tons of iron content. Nevertheless, iron ore has many uses beyond batteries. Lithium, a critical material for battery production with up to half of its consumption attributed to that purpose, had a much lower production volume that year. Global lithium production amounted to 180 thousand metric tons (excluding U.S. production) in 2023.

Production volume of battery minerals worldwide in 2023 (in 1,000 metric tons)

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Release date

January 2024

Region

Worldwide

Survey time period

2023

Special properties

minerals typically used to create batteries. The production volumes outlined in this statistic refer to global total production volumes, and do not refer to the volumes produced to be used specifically for battery production.

Supplementary notes

* Iron content.
** Excluding U.S. production.
*** Mine production.
**** Zinc content of concentrates and direct shipping ores.
***** Ilmenite and rutile combined.
All figures are estimated and rounded.

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