Australia's largest stock trading and investment forum Australia's #1 stock forum

Yes but there are problems with longevity that will take till...

First 2 Last

Share
Profile

Follow
semi retired

4,172 Posts.

625

11/12/17

14:45

Post #: 29538923
Share

Originally posted by Mitchum ↑

A simple change in battery chemistry to obtain a cost reduction or energy density gain could spell a serious problem for Lithium, Cobalt, Nickel and Graphite companies that are reliant on the lithium battery market.

Here comes the Magnesium battery, Magnesium is more abundant and cheaper than the costly process of refining Lithium host material into a suitable carbonate or hydroxide.

Magnesium batteries are at least a few years off but if a big battery manufacturer wanted to jump onto this new technology then it will be a big problem at some point in the future.

The new titanium / Magnesium batteries are already proving to have double the energy density compared with lithium ion type batteries.

https://www.sciencedaily.com/releases/2017/08/170824101804.htm

Expand

Yes but there are problems with longevity that will take till 2025 to sought out but the main issue is that once switched on you cant stop it , it will run flat even while not in use , good luck with that one.
6 Upvote

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer’s drug could change the game

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 8 more messages in this thread...

First 2 Last

SPONSORED BY