According to GlobalData, Chile is the world’s second-largest producer of lithium in 2023, with output up by 4% on 2022. Over the five years to 2022, production from Chile increased by a CAGR of 23% and is expected to rise by a CAGR of 3% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Lithium Mining to 2030 report. Buy the report here.
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Chile accounts for 25% of global production, with the largest producers being Australia, Chile, China and Argentina.
Leading producers of lithium in Chile are Sociedad Quimica y Minera de Chile and Albemarle. During 2020-2021, Sociedad Quimica y Minera de Chile's output was up by 41%, Albemarle's output increased by 25%.
For more detailed analysis of global lithium mining, buy the report here.
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