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DOE: cobalt is the most expensive material used in lithium-ion battery cathodes

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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. Source: DOE.

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Benchmark launches Li-ion Battery Raw Material Price Index

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Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. Benchmark assembles the index using its market-leading price assessments including the IOSCO-accredited lithium, nickel, and cobalt prices. Battery grade lithium carbonate (EXW China). Manganese sulfate.

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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. BloombergNEF expects prices to stay at similar levels next year, further defying historical trends.

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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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U Texas team develops cobalt-free high-energy lithium-ion battery

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Researchers from the Cockrell School of Engineering at The University of Texas at Austin have developed a cobalt-free high-energy lithium-ion battery, eliminating the cobalt and opening the door to reducing the costs of producing batteries while boosting performance in some ways. graduate Wangda Li. energy lithium?ion

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Benchmark’s global weighted Li-ion cell price drops to $98.2/kWh

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Benchmark’s global weighted average lithium-ion cell price has fallen to $98.2/kWh kWh for the first time in two years, due to falling raw material prices. The dropping cell price is bringing the prospect of a $100/kWh battery pack closer to fruition, according to Benchmark. m-o-m during August.

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Aqua Metals successfully recovers cobalt and manganese in Li-ion recycling pilot

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Aqua Metals, a developer of sustainable lithium-ion battery recycling, announced the successful completion of its Li AquaRefining recycling pilot; transition to 24/5 operations; and production of high-purity, saleable quantities of sustainably recycled battery materials. Earlier post.)

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