Advanced Batteries & Energy Storage Research
Mar 6, 2025

The Demand and Supply for Raw Materials Used in Li-ion Batteries
The rapid expansion of electrification, enabled by lithium-ion batteries (LIBs), demands urgent actions to secure a stable and responsible supply of critical minerals for LIBs. The growth in battery material demand varies across different materials, driven by several factors including the demand for LIBs of different chemistries, material intensity variations across battery chemistries, and ongoing developments in lithium-ion cell design.