what is the current price of lithium in kwh?
As the McKinsey study forecasts, the price for a complete automotive lithium-ion battery pack should fall from the current cost of approximately $600 per kilowatt hour to roughly $200 per kWh by 2020—and dip even further to $160 per kWh by 2025.
According to Roskill, a U.K.-based metals market research company, the current price of lithium is anywhere between $5,000 and $6,000 per metric ton with various grades commanding higher price points. Since we can’t invest in lithium as a commodity, we would then want to look at lithium mining companies. One interesting fact is that just a handful of companies produce a majority of the world’s lithium. Here’s an excerpt from a Fortune magazine article published this year on lithium mining: