Distribution of global lithium production 2023, by company

Published by
Madhumitha Jaganmohan,
May 31, 2024

Chilean mining company SQM (short for Sociedad Química y Minera de Chile S.A.) had the world's largest market share among lithium chemical producing companies in 2023, at approximately 18 percent. The United States-based Albemarle had the second-largest lithium market share at that time, accounting for approximately 17 percent of global lithium production.

Distribution of lithium production worldwide in 2023, by company

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Release date

May 2024

Region

Worldwide

Survey time period

2022

Special properties

market share of lithium chemicals

Supplementary notes

*Figures are approximate.
Tianqi was also a major shareholder of SQM as of 2023, having had ownership of over 22 percent of SQM's shares at that time.

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