Battery Show '16: Lithium prices not a game changer for Li-ion
Published: Wednesday, 14 September 2016
Speakers at the Battery Show held in the US pointed to lithium's relatively small proportion of the cost profile of Li-ion batteries, potential substitution in industrial markets and the possibility of recycling, among others, as reasons that lithium price increases should not concern battery makers.
Rising lithium prices are not a threat to
the growth of the lithium-ion (Li-ion) battery market,
according to various market analysts speaking at the 2016
Battery Show in Novi, Michigan.
The small proportion of the cost of Li-ion batteries
accounted for by lithium means that the rising price of