• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    US Lithium Mining Market

    ID: MRFR/CnM/12613-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    US Lithium Mining Market Research Report: By Source (Brine, Hard Rocks) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Lithium Mining Market Research Report - Forecast till 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Table of Contents

    US Lithium Mining Market Summary

    The US Lithium Mining market is poised for substantial growth, with a projected valuation increase from 886.2 million USD in 2024 to 1764.0 million USD by 2035.

    Key Market Trends & Highlights

    US Lithium Mining Key Trends and Highlights

    • The market is expected to grow from 886.2 million USD in 2024 to 1764.0 million USD by 2035.
    • A compound annual growth rate (CAGR) of 6.46 percent is anticipated from 2025 to 2035.
    • This growth trajectory suggests a robust demand for lithium, driven by various applications in technology and energy sectors.
    • Growing adoption of electric vehicles due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 886.2 (USD Million)
    2035 Market Size 1764.0 (USD Million)
    CAGR (2025-2035) 6.46%

    Major Players

    Talison Lithium, Livent Corporation, Albemarle, American Battery Technology Company, Cypress Development Corp, Lithium Americas, Galaxy Resources, Neo Lithium, Magma Energy, Western Lithium, Ganfeng Lithium, SQM, Piedmont Lithium, Orocobre

    US Lithium Mining Market Trends

    Additionally, the expansion of mining operations in states such as Nevada and North Carolina showcases the shift towards establishing a robust lithium supply within the country.Opportunities in the US Lithium Mining Market are emerging as companies invest in sustainable mining practices. There is a growing focus on environmental responsibility and the development of technologies that minimize ecological impact. This trend aligns with increasing consumer demand for greener products and will likely facilitate partnerships between mining companies and environmental agencies.

    As the US lithium mining landscape evolves, maintaining a focus on domestic supply chains and sustainable practices will be critical to future success in this space.

    US Lithium Mining Market Drivers

    Market Segment Insights

    Lithium Mining Market Source Insights

    The US Lithium Mining Market has shown considerable development, particularly in the Source segment, which includes processes relating to both Brine and Hard Rock lithium extraction. This market segment plays a pivotal role in the broader lithium industry, catering to the growing demand for lithium-ion batteries that power electric vehicles and renewable energy solutions. The importance of this Source segment is underscored by the increasing emphasis on sustainable and efficient lithium mining methods, which reflect the industry's environmental commitments. The Brine extraction method is particularly significant as it is considered more cost-effective and environmentally friendly compared to traditional mining techniques.

    Regions such as the Lithium Triangle, located in South America, have become models for effective brine extraction, influencing practices in the US. On the other hand, Hard Rock mining remains a key player by providing access to high-purity lithium minerals that can be refined for various applications. The geographical diversity in the United States promotes a competitive landscape for both extraction methods, allowing them to cater to specific market needs. The US has abundant lithium resources, particularly in areas such as Nevada, where Hard Rock, primarily from spodumene, plays a crucial role.

    The integration of advanced technologies and automation in Hard Rock lithium mining is enhancing efficiency, driving lower operational costs, and increasing product yield. Environmental regulations and growing public awareness around sustainable mining practices are prompting companies to focus on reducing their carbon footprints and waste production while enhancing the efficiency of lithium extraction methods. This trend opens avenues for new investments and technological innovations in the US Lithium Mining Market, strengthening its potential in the coming years.

    Moreover, as electric vehicle manufacturers increasingly seek local lithium sources to minimize supply chain disruptions, both Brine and Hard Rock extraction methods are expected to gain further importance in achieving national energy goals, economic growth, and job creation across the industry. In summary, the Source segment is a critical aspect of the US Lithium Mining Market landscape, with both brine and hard rock methods serving significant roles in meeting the burgeoning demand for lithium amid a rapidly evolving energy market.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about US Lithium Mining Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Lithium Mining Market has become increasingly competitive as global demand for lithium continues to surge, primarily driven by the expansion of electric vehicles, renewable energy storage, and various consumer electronics. This sector is characterized by a mix of established players and emerging companies that are working to secure resources to meet the growing demand. As the market evolves, companies are increasingly focused on innovative extraction methods, sustainability practices, and securing partnerships to enhance their production capabilities.

    The dynamics of the market are shaped by factors such as technological advancements, regulatory frameworks, and shifting consumer preferences, making it crucial for companies to adapt to changing market conditions and to have a keen understanding of their competitors.Talison Lithium holds a substantial presence in the US Lithium Mining Market, primarily recognized for its extensive lithium brine resources. The company has developed strong relationships with key stakeholders in the industry, which has bolstered its market position. Talison Lithium's strengths include its innovative extraction processes and commitment to sustainability, which resonate well with the increasing demand for environmentally friendly lithium production.

    By leveraging its operational efficiencies and geographical advantages, Talison Lithium has positioned itself as a formidable player in the US market, allowing it to efficiently capitalize on emerging opportunities in the sector. Its focus on continuous improvement and investment in technology further enhances its competitive edge.Livent Corporation is a notable competitor in the US Lithium Mining Market, specializing in high-performance lithium hydroxide and lithium carbonate, which are crucial for battery manufacturing.

    The company has demonstrated strong market presence through its innovative production processes and commitment to quality, aiming to meet the specific needs of electric vehicle manufacturers and other high-tech industries within the US. Livent Corporation has made significant strides through various mergers and acquisitions, enabling it to expand its operational capabilities and broaden its product offerings.

    Its strategic partnerships within the industry and ongoing investments in research and development underscore its commitment to advancing lithium technology, positioning Livent Corporation as a key player capable of influencing market trends and meeting the evolving demands of the lithium market in the United States.

    Key Companies in the US Lithium Mining Market market include

    Industry Developments

    In the US Lithium Mining Market, recent developments include significant interest and investments from major players like Livent Corporation and Albemarle, as they expand their lithium production capabilities amid the rising demand for electric vehicles and renewable energy storage. In October 2023, Lithium Americas announced the commencement of construction at its Thacker Pass lithium project, aiming to boost domestic lithium supply to meet the increasing market needs. Furthermore, Piedmont Lithium has been actively engaging in partnerships to advance lithium extraction and processing technologies that would enhance efficiency and sustainability in mining operations.

    The market has also witnessed a notable merger in September 2023, where Orocobre and Galaxy Resources completed a merger to create a more formidable competitor in the lithium sector, enhancing their production scale. Economic reports indicate that the US government is pushing for greater domestic mining operations to reduce reliance on foreign sources, a strategy reinforced by the Inflation Reduction Act of August 2022, which aims to incentivize local lithium production and strengthen the supply chain for electric vehicle manufacturers. This evolving landscape reflects the growing urgency to secure lithium resources as the transition to green technologies accelerates.

    Market Segmentation

    Outlook

    • Brine
    • Hard Rocks

    Lithium Mining Market Source Outlook

    • Brine
    • Hard Rocks

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 831.6(USD Million)
    MARKET SIZE 2024 886.2(USD Million)
    MARKET SIZE 2035 1764.05(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.458% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Talison Lithium, Livent Corporation, Albemarle, American Battery Technology Company, Cypress Development Corp, Lithium Americas, Galaxy Resources, Neo Lithium, Magma Energy, Western Lithium, Livent, Ganfeng Lithium, SQM, Piedmont Lithium, Orocobre
    SEGMENTS COVERED Source
    KEY MARKET OPPORTUNITIES Increased EV demand, Government incentives for domestic production, Technological advancements in extraction, Expansion of battery recycling initiatives, Collaborations with tech companies.
    KEY MARKET DYNAMICS supply chain constraints, rising electric vehicle demand, environmental regulations influencing operations, technological advancements in extraction, fluctuating lithium prices
    COUNTRIES COVERED US

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

    Leave a Comment

    FAQs

    What is the expected market size of the US Lithium Mining Market in 2024?

    The US Lithium Mining Market is expected to be valued at 886.2 million USD in 2024.

    What will be the market value of the US Lithium Mining Market in 2035?

    The market is projected to reach approximately 1764.05 million USD by 2035.

    What is the expected compound annual growth rate (CAGR) for the US Lithium Mining Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 6.458 percent during the forecast period from 2025 to 2035.

    Which source contributes the largest market share in the US Lithium Mining Market?

    By source, the brine segment contributes significantly, projected to be valued at 532.0 million USD in 2024.

    What market value is expected for the hard rocks segment of the US Lithium Mining Market in 2035?

    The hard rocks segment is expected to reach a market value of 699.05 million USD by 2035.

    Who are the key players in the US Lithium Mining Market?

    Major players include Talison Lithium, Livent Corporation, and Albemarle, among others.

    What are the emerging trends in the US Lithium Mining Market?

    Emerging trends include increasing demand for electric vehicles and renewable energy storage solutions.

    What challenges are currently facing the US Lithium Mining Market?

    Challenges include regulatory hurdles and supply chain disruptions in lithium sourcing.

    What is the expected market growth rate for the brine segment from 2024 to 2035?

    The brine segment is likely to double in value to approximately 1065.0 million USD by 2035.

    How does the current global scenario affect the US Lithium Mining Market?

    The ongoing global push for sustainable energy solutions is expected to positively impact market growth.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Lithium Mining Market, BY Source (USD Million)
    45. Brine
    46. Hard Rocks
    47. Competitive Landscape
    48. Overview
    49. Competitive Analysis
    50. Market share Analysis
    51. Major Growth Strategy in the Lithium Mining Market
    52. Competitive Benchmarking
    53. Leading Players in Terms of Number of Developments in the Lithium Mining Market
    54. Key developments and growth strategies
    55. New Product Launch/Service Deployment
    56. Merger & Acquisitions
    57. Joint Ventures
    58. Major Players Financial Matrix
    59. Sales and Operating Income
    60. Major Players R&D Expenditure. 2023
    61. Company Profiles
    62. Talison Lithium
    63. Financial Overview
    64. Products Offered
    65. Key Developments
    66. SWOT Analysis
    67. Key Strategies
    68. Livent Corporation
    69. Financial Overview
    70. Products Offered
    71. Key Developments
    72. SWOT Analysis
    73. Key Strategies
    74. Albemarle
    75. Financial Overview
    76. Products Offered
    77. Key Developments
    78. SWOT Analysis
    79. Key Strategies
    80. American Battery Technology Company
    81. Financial Overview
    82. Products Offered
    83. Key Developments
    84. SWOT Analysis
    85. Key Strategies
    86. Cypress Development Corp
    87. Financial Overview
    88. Products Offered
    89. Key Developments
    90. SWOT Analysis
    91. Key Strategies
    92. Lithium Americas
    93. Financial Overview
    94. Products Offered
    95. Key Developments
    96. SWOT Analysis
    97. Key Strategies
    98. Galaxy Resources
    99. Financial Overview
    100. Products Offered
    101. Key Developments
    102. SWOT Analysis
    103. Key Strategies
    104. Neo Lithium
    105. Financial Overview
    106. Products Offered
    107. Key Developments
    108. SWOT Analysis
    109. Key Strategies
    110. Magma Energy
    111. Financial Overview
    112. Products Offered
    113. Key Developments
    114. SWOT Analysis
    115. Key Strategies
    116. Western Lithium
    117. Financial Overview
    118. Products Offered
    119. Key Developments
    120. SWOT Analysis
    121. Key Strategies
    122. Livent
    123. Financial Overview
    124. Products Offered
    125. Key Developments
    126. SWOT Analysis
    127. Key Strategies
    128. Ganfeng Lithium
    129. Financial Overview
    130. Products Offered
    131. Key Developments
    132. SWOT Analysis
    133. Key Strategies
    134. SQM
    135. Financial Overview
    136. Products Offered
    137. Key Developments
    138. SWOT Analysis
    139. Key Strategies
    140. Piedmont Lithium
    141. Financial Overview
    142. Products Offered
    143. Key Developments
    144. SWOT Analysis
    145. Key Strategies
    146. Orocobre
    147. Financial Overview
    148. Products Offered
    149. Key Developments
    150. SWOT Analysis
    151. Key Strategies
    152. References
    153. Related Reports
    154. US Lithium Mining Market SIZE ESTIMATES & FORECAST, BY SOURCE, 2019-2035 (USD Billions)
    155. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    156. ACQUISITION/PARTNERSHIP
    157. MARKET SYNOPSIS
    158. US LITHIUM MINING MARKET ANALYSIS BY SOURCE
    159. KEY BUYING CRITERIA OF LITHIUM MINING MARKET
    160. RESEARCH PROCESS OF MRFR
    161. DRO ANALYSIS OF LITHIUM MINING MARKET
    162. DRIVERS IMPACT ANALYSIS: LITHIUM MINING MARKET
    163. RESTRAINTS IMPACT ANALYSIS: LITHIUM MINING MARKET
    164. SUPPLY / VALUE CHAIN: LITHIUM MINING MARKET
    165. LITHIUM MINING MARKET, BY SOURCE, 2025 (% SHARE)
    166. LITHIUM MINING MARKET, BY SOURCE, 2019 TO 2035 (USD Billions)
    167. BENCHMARKING OF MAJOR COMPETITORS

    US Lithium Mining Market Segmentation

     

     

     

    • Lithium Mining Market By Source (USD Million, 2019-2035)

      • Brine
      • Hard Rocks

     

     

     

     

     

     

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials