Connect with us

Hi, what are you looking for?

CleanTechnica
Source: Nitin Muralidharan, Ethan C. Self, Marm Dixit, Zhijia Du, Rachid Essehli, Ruhul Amin, Jagjit Nanda, Ilias Belharouak, Advanced Energy Materials, Next-Generation Cobalt-Free Cathodes – A Prospective Solution to the Battery Industry's Cobalt Problem, January 2022.

Batteries

Cobalt is the Most Expensive Material Used in Lithium-ion Battery Cathodes

With the transition to electric vehicles (EVs), demand for materials used to produce batteries is expected to increase dramatically. Aside from the lithium needed to produce modern lithium-ion batteries, much attention is focused on the cost of the materials used for EV battery cathode production.

Cobalt is an important ingredient in lithium-ion battery cathode production, accounting for about a quarter of the cost of the battery. The price for cobalt spiked to $40 per pound in 2018, but returned to $25 dollars per pound in 2021, while the next most expensive material was nickel at $9 per pound in 2021.

Due to the high cost and price volatility associated with cobalt, battery manufacturers/researchers are seeking alternatives to reduce or eliminate the need for cobalt in battery production.

Graph Source: Nitin Muralidharan, Ethan C. Self, Marm Dixit, Zhijia Du, Rachid Essehli, Ruhul Amin, Jagjit Nanda, Ilias Belharouak, Advanced Energy Materials, Next-Generation Cobalt-Free Cathodes – A Prospective Solution to the Battery Industry’s Cobalt Problem, January 2022.

Courtesy of Energy.gov

 
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:



I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Advertisement
 

The mission of the U.S. Energy Department is to ensure America’s security and prosperity by addressing its energy, environmental and nuclear challenges through transformative science and technology solutions. Learn more.

Comments

You May Also Like

Batteries

Nobody could have predicted that one day, red state right-to-work laws would attract electric vehicle manufacturers and help cement decarbonization into public policy.

Batteries

Tesla stands to qualify for $1.8 billion in the federal production credits that are part of the Inflation Reduction Act this year.

Buildings

Stratas without charging have units that sell for a bit less than stratas that have it

Aviation

OEMs that try to roll bespoke engineered solutions, niche chemistries, or custom designed battery assemblies are making the wrong strategic decisions.

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.