---
title: The Lowdown on Li-Ion Batteries
description: The Lowdown on Li-Ion Batteries
---

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# [The Lowdown on Li-Ion Batteries](https://pages.supplyframe.com/ciq/the-lowdown-on-li-ion-batteries)

 Written by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) | Sep 26, 2024, 6:54:31 PM

Overmining and processing of lithium, particularly in China, has led to large stockpiles of critical battery material worldwide. The Commodity IQ LCO Global Price Index was less than a third of its 2018 baseline in August. However, pricing can be dynamic within variants of the same battery chemistry. For hydroxide-based LMO batteries, the index was 38% lower than in the same period just two years ago but has climbed 27% on average for August compared to March and is hovering about 15 points below the baseline; alternatively, the index of carbonate-based LMO units is relatively stable at 1.3 times the baseline.

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