The Lithium Ion Battery – A Potential Growth Driver for Natural Graphite
The Lithium Ion Battery – A Potential Growth Driver for Graphite
Lithium-ion batteries are already in our mobile devices and power tools, but tomorrow lithium-ion batteries will power the future of green technology. Lithium-ion batteries have the best energy density of all commercial batteries and have dropped in cost by about 50% since 2008 to produce.
Li-ions have three main parts: anode, cathode, and electrolyte. White cathodes vary in composition, in virtually all commercial lithium ion batteries, graphite is used as an anode. In fact, up to 15 times more graphite is used than lithium to make each battery.
Electric vehicles, smart grids, and consumer electronics all will likely use lithium-ions in future production, meaning a big potential growth opportunity for natural graphite.