Technology Metals
The structural scarcity of technology metals positions them to outpace other commodities consistently in performance over the next several years.
The global market is entering a rapid growth phase for electric vehicles and energy storage solutions.
Surging Demand
The rapid pace and magnitude of demand from emerging technologies will exert significant pressure on critical metal supply chains, highlighting geopolitical vulnerabilities.
Constrained Supply
Increasing consumer consciousness regarding the environmental and social impacts of metal production is driving manufacturers to ensure their materials are ethically sourced.
Sustainability Concerns
Mixed Hydroxide Precipitate (MHPs)
Mixed Hydroxide Precipitate (MHP) is a product that typically contains nickel and cobalt hydroxides. It is produced from laterite ore through a hydrometallurgical process and serves as an important intermediate for the production of nickel and cobalt chemicals used in battery manufacturing.
Precursor Cathode Active Materials (PCAM)
PCAM refers to the intermediate materials used in the synthesis of cathode active materials (CAM) for development of batteries production. These precursors undergo further chemical processing to form the final cathode materials, which play a crucial role in the battery’s performance, including energy density, life cycle, and safety.
STRATEGIC & CRITICAL BATTERY MATERIALS
Lithium
Renowned for its lightness and high electrochemical potential, lithium is crucial for the batteries driving modern technological advancements. Despite varying chemistries in lithium-ion batteries, lithium remains the essential component.
Nickel
While traditionally utilized in stainless steel production, nickel's ability to enhance energy density in lithium-ion batteries is now fueling immense demand. This characteristic ensures superior performance and extended range for electric vehicles, offering a cost-effective advantage with higher nickel content compared to cobalt.
Cobalt
Cobalt plays a vital role in high-performance lithium-ion batteries by enhancing stability. Although some low-range batteries are cobalt-free, cobalt is essential for safer batteries in consumer devices and long-range electric vehicles.
Manganese
Manganese is a critical component in lithium-ion battery cathodes, contributing to improved energy storage and stability. It enhances the performance and lifespan of batteries, making it vital for electric vehicles and renewable energy storage systems. The use of manganese in battery technology also helps to reduce costs and reliance on more expensive metals, further supporting the advancement of clean energy solutions.