Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
Get in touch with us nowGlobal reserves of battery minerals 2023, by type
As of 2022, iron ore had the most plentiful global reserves out of the minerals that are used in the production of batteries, at approximately 85 billion metric tons of iron content. Nevertheless, iron ore has many uses beyond batteries. Lithium, a very important material for battery production with up to half of its consumption attributed to that purpose, had much lower global reserves that year, amounting to approximately 26 million metric tons.
