Is a lithium-ion battery race taking place in Afghanistan?

While Goldman Sachs predicts a tripling of the lithium market by 2025, a race to secure supplies is taking place in Afghanistan. The lithium-ion battery story begins with chemistry and ends with innovation.

Are lithium-metal batteries the next-generation energy storage devices?

Lithium-metal batteries are considered one of the most promising candidates for the next-generation energy storage devices due to their ultrahigh theoretical capacity. (PMID: 33856759, DOI: 10.1021/acs.accounts.1c00120)

What is the lithium-ion battery story?

The lithium-ion battery story begins with chemistry and ends with innovation. While the media is focusing on OPEC and the oil price at the pump, lithium is reaching its highs, reflecting interest in the mineral, as oil prices remain volatile.

Why is the lithium market a problem?

The lithium market is an excellent example of the dilemma faced in the international trading system. Bolivia, one of the richest lithium states wants to divest its reputation for providing cheap raw materials, which placed the country in a position of sharp inequality from industrialized countries and international markets.

How much does a lithium ion battery cost?

According to McKinsey, the cost of a complete lithium ion battery could fall to $500-600 per kilowatt/h (kw/h) today to about $200 in 2020 and $160 in 2025.

What is behind the lithium trade?

Behind the lithium trade is hiding in fact a more complex reality. Current production is 12,200 tons of carbonates dominated by three producers: Chile’s SQM (40,000 tons), U.S. Chemetall Foote, a subsidiary of Rockwood (34,000 tons) and FMG (17,500 tons.)