“Further to your article about lithium for batteries in cars, I attach an email I received today from Imperial Innovations relating to a partnership with Wacker.
“Also at http://www.imperialinnovations.co.uk/news-centre/news/nexeon-secures-strategic-investment-and-partnershi/
“This appears to relate to the technology for lithium batteries for small devices (laptops etc.) not cars.
“I have no expertise in the battery sector but this may be interesting.”
Eoin Treacy's view Thank you for this interesting press release contributed in the spirit of Empowerment Through Knowledge. Here is a section:
Nexeon, Innovations' second largest investment to date, is developing silicon materials to replace carbon as the anode of lithium ion (Li-ion) batteries. This will lead to the production of rechargeable batteries with higher charge density, enabling consumers to use their devices, such as laptops and smart phones, for longer before needing to recharge them. Stronger battery performance is also key to the wider adoption of electric and hybrid vehicles.
My piece on lithium appeared in Comment of the Day on Thursday.
Wacker collapsed from its 2011 peak near €175 as demand for solar panels declined. It hit a medium-term low in November near €40 and has since rebounded. The share broke out of its most recent range two weeks ago and a sustained move below €60 would now be required to question medium-term recovery potential.