LTR 0.63% 78.5¢ liontown resources limited

Lithium is a huge ponzi scheme imo . "While lithium mining has...

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    Lithium is a huge ponzi scheme imo .

    "While lithium mining has enabled significant advancements in energy storage, it poses significant environmental and ethical challenges, including water depletion and habitat destruction.

    As the demand for energy storage solutions grows, exploring alternatives to lithium mining that could offer more sustainable and ethical options is imperative."

    Alternatives to lithium mining

    1. Sodium-ion batteries:


    https://www.greenmatch.co.uk/blog/is-lithium-mining-bad-for-the-environment

    Advanced sodium-ion batteries will be a key enabler of widespread, distributed energy storage in the residential, commercial, and industrial markets.

    “As a technology leader in this space, UNIGRID already has commercial-scale orders, and will use the funds to expand manufacturing and customer fulfillment capabilities,”

    UNIGRID is one of the leaders in sodium-ion battery technology innovation, focusing on:

    Developing high energy density sodium-ion batteries. Using its proprietary alloy anode technology, it addresses a crucial sodium-ion bottleneck, energy density. The battery chemistry doubles the volumetric energy density of sodium-ion and enables it to exceed the energy density of lithium iron phosphate (LFP) batteries.
    Eliminating the use of critical or rarer materials such as lithium, cobalt, nickel, and copper, from its battery chemistry entirely, instead using only abundant materials.
    Achieving safety and performance metrics that exceed that of LFP.


    https://batteriesnews.com/unigrid-battery-announces-12-million-series-a-round/
    Last edited by malmanu: 16/06/24
 
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