Liquid Metal Battery Will Be on the Grid Next Year
Cost is a crucial variable for any battery that could serve as a viable option for renewable energy storage on the grid. An analysis by
The price of antimony closed 2024 just under $40,000/tonne leaving battery manufacturers wondering how much further the price of the metal will go in the year ahead. Antimony is a key alloy component in stationary lead batteries. The price of antimony has risen by 250% since the start of the year.
Learn more about IEEE → Antimony is a chemical element that could find new life in the cathode of a liquid-metal battery design. Cost is a crucial variable for any battery that could serve as a viable option for renewable energy storage on the grid.
The price of antimony has risen by 250% since the start of the year. This follows a decision by China in August — that came into force on September 15 — whereby six antimony-related products became subject to restrictions of 'critical mineral shipments in the name of national security'.
Antimony prices have surged since April 2024 due to a severe supply shortage. According to Fastmarkets, prices in Rotterdam rose at their fastest rate in over 40 years. In May, the Shanghai Metals Exchange reported prices reaching $17,588 per metric ton, a 54% increase in 2024.
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