- New approach could boost the energy capacity of lithium batteries
- The lithium battery market is projected to grow to $92 billion by 2024
- QMC Quantum Minerals is anticipating completion of its NI 43-101-compliant mineral resource report on its Irgon lithium mine project after three years of exploration
The world’s dependence on continually-advancing computer technology is driving efforts to improve the quality of the lithium-ion batteries that power the vast majority of computerized devices, especially mobile technologies ranging from pocketable cell phones to self-driving electric automobiles. Thanks to the technological boom, lithium has been an in-demand lightweight metal, with most of it being sourced from outside the United States. Researchers at the Massachusetts Institute of Technology (MIT) and in China have just announced a new way to make cathodes for lithium batteries that may ultimately improve the amount of power that the batteries supply and, in the process, continue to elevate the prospects of lithium explorers such as QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ). MIT’s researchers state that their discovery could lead to “batteries that pack a punch but are smaller and lighter than today’s versions, potentially enabling electric cars to travel further or portable electronics to run for longer without recharging,” according to ScienceDaily (http://nnw.fm/xDx8F).
Their research has focused on developing a hybrid lithium battery that incorporates the best qualities of lithium cobalt oxide intercalation-type cathodes, which offer a high volumetric energy density (output), and lithium sulfur conversion-type cathodes, which deliver good gravimetric energy density. According to the report by ScienceDaily, current lithium-ion batteries can…
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