AUZ 0.00% 0.8¢ australian mines limited

Posted by RandAlThor1 (silly sausage) and should be seen by all...

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    https://edition.cnn.com/2022/06/01/cars/tesla-lfp-battery/index.html


    Will ARL be able to mine before new Battery Tech takes over???

    * Range is the same
    * Safer.. A bonus when Insurance companies jack up prices on homeowners storing or charging in garages due to the risk of explosive fires
    * Very little environmental damage in mining...

    Advances in LFP battery technology have expanded their range, according to battery experts. “We underestimated the ability of LFP to improve. It has come a long way,” Rodney Hooper, a partner at RK Equity who advises clients on lithium and batteries told CNN Business. Tesla now uses LFP batteries in most of its standard range vehicles. The standard-range Model 3 equipped with an LFP battery has 267 miles of range, which is comparable to the 280-mile range of the VW’s ID 4, which uses a lithium-ion battery that contains nickel and cobalt.
    And beyond the benefits of avoiding cobalt and nickel extraction in their manufacture, the batteries have a number of advantages. LFP batteries are more stable and less likely to catch fire than batteries with nickel and cobalt, so fewer protections are needed.
    LFPs also generally can be charged more times, which expands their lifecycle.They are able to charge to 100% on a regular basis, which isn’t recommended for cars with nickel and cobalt batteries as repeated full charges may diminish battery life. And LFPs have 20% fewer greenhouse gas emissions per unit of energy than typical nickel and cobalt batteries, according to Jarod Kelly, who studies sustainability at Argonne National Laboratory, a hotbed of battery research.
 
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