Brine concentration minerals refer to minerals obtained through the concentration of brine, a solution containing high concentrations of dissolved salts and minerals. These minerals are extracted through various processes, such as evaporation ponds or brine wells, where water is evaporated, leaving behind concentrated mineral deposits. Common brine concentration minerals include lithium, potassium, magnesium, and sodium,
The brine concentration minerals market is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024. The market growth is driven by growing demand for lithium-ion batteries and growing emphasis on sustainbale practices.
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