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Oh well eh pumpkin, the musketeer must have changed his mind when he saw too much ramping coming from you eh! Never mind, better luck next time.
My pleasure RULLIONOTE. I hope all of the information that I post helps investors to make informed decisions amidst all the smoke and mirrors of AIM.
Pass the salt: Here’s how sodium-ion batteries could topple lithium demand forecasts
For now Sodium ion is the only viable EV battery chemistry that doesn’t need lithium
Cons: slower charging, lower energy density; Pros: cheaper, safer, longer lasting vs lithium-ion
Sodium-ion battery buildouts now appearing at pace, with CATL, BYD and Northvolt at the forefront
Could represent half the Chinese domestic EV market by 2030: analyst George Heppel
Electric vehicles must be made affordable for the technology to become ubiquitous.
However, volatile prices for critical raw materials like lithium, cobalt, nickel, and manganese add a big layer of complexity for carmakers, which have committed to some very ambitious EV targets.
Prices have softened in 2023, but analysis generally suggests persistent and deepening shortages of these battery metals, with Benchmark Mineral Intelligence estimating ~340 new graphite, lithium, nickel, and cobalt mines will be needed in the next 12 years.
That includes 74 new lithium mines with an average size of 45,000 tonnes LCE.
OEMs are aggressively pursuing lithium-ion alternatives but, while countless technologies have been lauded as potential disruptors, barely any make it out of the lab. Those that do still need lithium.
The giant killer
There is one real threat to lithium demand outlook; sodium ion, or Na-ion, currently the only viable chemistry that does not contain lithium.
Sodium-ion is cheaper, safer, longer lasting, and better in cold temps than lithium-ion but, like LFP, ostensibly suffers from a slower charge rate and lower energy density.
Not so good for those long trips down the coast, but ideal for a suburban run-around.
Still in its infancy, sodium-ion battery buildouts are now being announced at pace, as prophesied in January by BloombergNEF’s Top 10 Energy Storage Trends in 2023.
“An alternative to lithium-ion batteries, sodium-ion battery technology offers could alleviate battery-market pressures — and potentially push down costs — as soon as 2026,” it said.
“For 2023, we speculate that at least one major battery manufacturer will come out with a significant sodium-ion battery product roadmap announcement.”
Three months later battery behemoth CATL said its sodium-ion batteries – unveiled mid 2021 – would make their debut in Chery Auto’s EVs.
CATL, which also sells batteries to all the major Western carmakers, including Tesla, Volkswagen, Nissan, and Ford, says sodium-ion battery manufacturing “is perfectly compatible with the lithium-ion battery production equipment and processes”.
https://www.msn.com/en-au/money/markets/pass-the-salt-here-s-how-sodium-ion-batteries-could-topple-lithium-demand-forecasts/ar-AA1kDauB
Morning all. Hoover running. About to ping up. GLA
WiseOwlSpeak - Confucius says : “Real knowledge is to know the extent of one’s ignorance.”
Deadline is Thursday 10 am unless attending GM on Monday next week.
It is a front for something else pumpkin, smoke and mirrors. I have known this for a while. I have always made my thoughts clear in my posts. It is up to you what you do with this information. No need for your ramping now!
Pumpkin, maybe the spambot has caught you out. Happens to the best of us when we've spammed once too often. Take it up with Bill Gates. And please do stop ramping, I agree its reached an unbearable crescendo. Like Horis, I am starting to suspect you are an insider, Badenoch, Hunt, Elon?
Thanks BillyBob, I was not aware of that group.
No not yet, it likely won't exist for long enough to make it worthwhile before takeover ash.
Well WOS, I have no axe to grind against MATD or its holders. I wish you all well. Lord knows it is difficult enough to make money in these markets, especially running up to XMAS. If you do intel on my investments then I will naturally form the opinion that you are working for your master. Fair? Such activity would confirm a few things for me!
Deffo I am not suspicious of Pinnacle, they are AMTEs apparent saviour. But there is more to them than meets the eye imo. AMTE is potentially a very valuable proposition, to various suitors , right at the start of the Sodium Ion battery revolution. Expect a little bun fight to break out as the week goes on imo.
Try google pumpkin instead, full of useful info. Aarfff.
https://www.food.com/recipe/the-pilgrim-fathers-original-pumpkin-pie-norfolk-million-pie-254268
A northvolt IPO at the suggested $20 billion (according to the FT) is over 10000 X the AMTE current market cap of £1.5 million. I agree, there is no comparison with that current differential whatsoever. Why would anyone suggest that as a new de-ramp angle. Sodium Ion battery tech is what matters. That is AMTE. And now northvolt.
Lets see HorisM, you never know, we may get a de-ramper with a Swedish accent next to add to the Chinese mans efforts eh ;)
This is a turnaround job for Pinnacle, they will package it all up with all the necessary legalities, listings, future operational plans, MOUs, joint ventures, grants etc etc etc incorporated and then sell to the highest bidder. That's assuming they don't have one in mind already. Pinnacle expect a good return on their investment for their work.
£1.5m mcap, 166m shares in issue.
Maybe this has stirred up a hornets nest re Sodium Ion adoption in the immediate future for the mass market:-
"The anticipation around the Northvolt IPO ratcheted up a notch or two last week after the company announced the development of 160 watt-hours per kilogram sodium-ion batteries designed for low-cost energy storage across India, the Middle East and Africa.
Peter Carlsson, CEO and Co-Founder of Northvolt, said, “the world has put high hopes on sodium-ion, and I’m very pleased to say that we’ve developed a technology that will enable its widespread deployment to accelerate the energy transition.”
Facts: BillyBobs UK INVESTOR MAGAZINE post needs repeating:-
Northvolt IPO: what we know so far
Swedish battery maker Northvolt is reportedly gearing up for an IPO as it plans to build more gigafactories across Europe to meet the burgeoning demand for electric vehicle batteries and renewable energy storage.
According to reports by the Financial Times, the company could be worth $20bn on listing.
Northvolt is a leader in lithium battery production but made the headlines recently when it announced the development of sodium-ion batteries.
Why is the Northvolt IPO important?
Swedish unicorn Northvolt is one of the world’s largest battery manufacturers and counts companies such as BMW, Fluence, Scania, Volvo Cars and Volkswagen Group as their clients.
The group has received over $55 billion in orders since it was founded in 2016 and employs 5,000 people across Sweden, Germany, Norway, Poland, Portugal, the US and Canada.
The Northvolt IPO is important because it will demonstrate investor appetite for electric vehicle and renewable power storage technology at a time when the pace of growth in EV sales is starting to slow, and major wind projects are canned.
The anticipation around the Northvolt IPO ratcheted up a notch or two last week after the company announced the development of 160 watt-hours per kilogram sodium-ion batteries designed for low-cost energy storage across India, the Middle East and Africa.
Peter Carlsson, CEO and Co-Founder of Northvolt, said, “the world has put high hopes on sodium-ion, and I’m very pleased to say that we’ve developed a technology that will enable its widespread deployment to accelerate the energy transition.”
“It’s an important milestone for Northvolt’s market proposition, but battery technology like this is also crucial to reach global sustainability goals, by making electrification more cost-efficient, sustainable and accessible worldwide.”
Northvolt Sodium Batteries
Northvolt has developed a sodium-ion battery free from nickel, cobalt, graphite, manganese, and, significantly, lithium.
Northvolt’s breakthrough sodium-ion batteries are based on hard carbon anodes and Prussian White cathodes. Prussian White is made from sodium, iron, nitrogen and carbon.
The absence of lithium and other critical metals will reduce reliance on China and make battery storage for renewable power much cheaper.
Sodium-ion batteries can be made using locally sourced materials instead of expensive imported critical metals, lowering overall cost.
The company is still a way off commercialising batteries for use in electric vehicles. Still, as soon as the energy density is improved, some hope sodium batteries will overtake lithium in electric vehicle applications.
Northvolt is not the only company developing sodium-ion technology. Chinese EV maker CATL and London-listed AMTE Power are among many companies working on their own sodium power solutions.
https://ukinvestormagazine.co.
Wise Owl. You've gone too far now. Been rumbled. You are not Benny Hill sir!
Who do you work for?
don't use the word '****' on here! i'll drink to that!