5 Biggest Lithium Mining Companies in the World

In this article we are going to list the 5 biggest lithium companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest lithium companies in the world.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the biggest lithium mining companies in the world:

5. SQM (NYSE: SQM)

Market Cap: $6.44 Billion

Revenue in 2019: $1.86 Billion

Employees: 5,741

Founded in 1968, Sociedad Quimica y Minera de Chile, or SQM, is a Chilean chemical company which supplies iodine, lithium, and other industrial chemicals. The company is based in Santiago, Chile and is the world’s biggest lithium producer. The company produces lithium carbonate and lithium hydroxide from brine in the Salar de Atacama salt flat in the Atacama desert in North Chile. The company has reported a capacity of 70,000 tons of lithium carbonate in 2020.The lithium concentrations extracted are produced into lithium carbonate and lithium hydroxide in the Salar del Carmen plant.