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Possible in the future..... but with each billion invested in Lithium gigafactories...... the further down the line commercialisation of alternatives become... >10 years in the future imo
I guess these guys are all backing the wrong horse then Paolo?:
https://www.argusmedia.com/en/news/1874627-large-lithium-battery-plants-to-dominate-capacity
https://www.theguardian.com/business/2020/may/20/uk-first-car-battery-gigafactory-amte-power-britishvolt
https://www.statista.com/statistics/974302/battery-manufacturing-locations-worldwide-by-region/
Paolo, if you put one of these batteries in your car you may need to change the tyres as they weight tons. They may repl ace acid batteries though.
https://eandt.theiet.org/content/articles/2020/06/sodium-ion-breakthrough-could-lower-environmental-impact-of-batteries/
A team from Washington State University (WSU) and Pacific Northwest National Laboratory (PNNL) reported one of the best results to date for a sodium-ion battery, with a design that holds more than 80 per cent of its charge after 1,000 cycles.
This is a key metric that makes it more appealing than other touted next-gen battery technologies, such as lithium-sulphur which starts to lose its capacity after just a few recharge cycles.
“This is a major development for sodium-ion batteries,” said Dr. Imre Gyuk, who works for the US Department of Energy. “There is great interest around the potential for replacing Li-ion batteries with Na-ion in many applications.”
Li-ion batteries have become the de facto choice for electronic gadgets, electric cars and even the mass storage of renewable electricity on the grid.
However, these batteries are made from materials such as cobalt and lithium that are rare, expensive and mostly found outside the US. In 2018, German researchers warned that shortages of these metals are expected by 2050
Sodium-ion batteries could solve the issue as they are made from cheap, abundant and sustainable sodium from the earth’s oceans or crust. Up until now, this technology has been hampered by having a lower storage capacity and short lifespans.
“Our research revealed the essential correlation between cathode structure evolution and surface interaction with the electrolyte,” Lin said. “These are the best results ever reported for a sodium-ion battery with a layered cathode, showing that this is a viable technology that can be comparable to lithium-ion batteries.”
The researchers are now working to better understand the important interaction between their electrolyte and the cathode, so they can work with different materials for improved battery design. They also want to design a battery that doesn’t use cobalt, a relatively expensive and rare metal - 60% of it comes from one African country and most of the mines are owned by RTZ; it's in ultimately shorter supply than Lithium.
FJ no still here by skin of teeth must be 5 years ago I invested and re invested??
Not heard owt from either been under radar since the sxx pain...bmn is last tango in Paris
Looking forward to a few Yorkshire blondes
Same here, one day we might see some “share holder value” that BA keeps mentioning.
Seems like I have been here forever
It can’t be far away, crunch time is upon us.
Just read the article again, I must have got excited about the tv part and glossed over the exploration part.
I can’t see them raising millions at these levels as it will wipe out SC, that’s unless SC take another 10% of the company.
I would like them to go with what they have and then do more exploration once we have funds coming in. That’s what I want but I doubt we’ll get it.
FJ, I wish I was mate and then I could of invested now and not way back when SC did.
I cut and pasted the article into google translate, i didn’t see anything in regards to more drilling? Where did you see that.
Christ, this slipped through my net.
https://www.financialafrik.com/2020/06/01/mali-la-mine-de-lithium-de-bougouni-se-precise/
The Bougouni lithium mine will soon start with production of 1.94 million tonnes of lithium concentrate over a minimum service life of 8.5 years. This is what the feasibility study published on Monday by Kodal Minerals reports for this project it is developing in Mali. Investment amount: $ 117 million. The start-up is planned for the second half of 2021.
The Minister of Mines and Petroleum, Lelenta Hawa Baba Bah, expressed his optimism regarding this project in an interview broadcast by Malian television (ORTM). Mali should eventually be able to manufacture lithium batteries using 3D printers.
Note that Kodal Minerals has applied to the Malian authorities for a mining license. Pending the obtaining of this license which, subject to financing, will allow construction to begin, the company plans to continue its exploration activities in order to increase the resources of the project.