COBALT

Energy consumption for global development is growing at an unprecedented rate. Whether it be for communication, transport, business operations or everyday living requirements, we are constantly having to innovate new ways of producing and delivering energy. Storage, perhaps even more so than production or transmission is the greatest challenge facing the technological and renewable energy space. A boom in battery manufacture technology, predominantly lithium-ion, has been charged by cobalt powered chemistry. This has enabled the progressive development of portable electronic devices and accelerated growth in other emerging markets, such as fixed energy storage and electric cars. There are five types of lithium-ion batteries, three of which are cobalt based. In 2015, cobalt-based lithium-ion batteries accounted for approximately 75% of the … Continue reading COBALT