Australia and Chile lead worldwide production of lithium, which exceeded 180,000 tons in 2023. The third largest producer is China, which also hosts about 50% of global lithium refining capacity. Total U.S. production was around 1,000 tons, sourced entirely from a deposit in northern Nevada. Known reserves in the state are estimated to contain more than a million metric tons of lithium, according to data collected by the Nevada Bureau of Mines and Geology.