Northvolts breakthrough battery with no critical minerals could minimise reliance on China

<p>Swedish firm Northvolt says it has developed a new&nbsp;energy storage technology with no critical minerals including lithium which could minimise reliance on China:</p><ul><li>a&nbsp;<span>“breakthrough” sodium-ion battery</span></li><li><span>a lower cost, more sustainable battery designed to store electricity which does not use lithium, nickel, graphite and cobalt. </span></li><li><span>said its new battery, which has an energy density of more than 160 watt-hours per kilogram, has been designed for electricity storage plants but could in future be used in electric vehicles, such as&nbsp;two wheeled scooters.</span></li><li><span> “Using sodium-ion technology is not new but we think this is the first product ever completely free from critical raw materials. It is a fundamental breakthrough”&nbsp;</span></li></ul><p><span>Info is at various sources, here's an<a href="https://www.theguardian.com/business/2023/nov/21/breakthrough-battery-from-sweden-may-cut-dependency-on-china" target="_blank" rel="nofollow"> ungated one for more.&nbsp;</a></span></p><figure data-media-><img src="https://images.forexlive.com/images/xi%20china%20flag%2022%20November%202023_id_b919dc3e-7be5-4243-8547-f115c038769d_original.jpg" alt="xi china flag 22 November 2023" width="358" height="262" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/xi%20china%20flag%2022%20November%202023_id_b919dc3e-7be5-4243-8547-f115c038769d_original.jpg" /></figure><p><span><br></span></p>

This article was written by Eamonn Sheridan at www.forexlive.com.