Distribution of global lithium production 2024, by company

Published by
Madhumitha Jaganmohan,
Apr 29, 2025

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 2024, at approximately 17 percent. The United States-based Albemarle had the second-largest lithium market share at that time, accounting for approximately 14 percent of global lithium production.

Distribution of lithium production worldwide in 2024, by company

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Release date

April 2025

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 2024, having had ownership of over 22.16 percent of SQM's shares at that time.

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