Lithium ion battery ‘s trending
Ramp up in Lithium-ion battery production due to rapidly grown global demand has driven lithium prices to an all time high. Leaders in the lithium mining markets are aiming to capitalize on this momentum via expansion of mining operations to advance extraction efforts. According to professional research companies’ data, World Lithium growth will be driven by rapid expansion in the lithium-ion battery industry as world demand for hybrid and electric vehicles, energy storage systems, and high-drain portable electronics continues to grow. The global demand for lithium metal is projected to rise 8.9 percent per year through 2019 to 49,350 metric tons.
In one words , in the electronic vehicles market/digital products area /LED light/solar system area , lithium will share more and more market , it now widely used in portable consumer electronic devices, and in electric vehicles ranging from full sized vehicles to radio controlled toys.
They stand apart from other batteries for their high charge density (long life) and high cost per unit. Depending on the design and chemical compounds used, lithium cells can produce voltages from 1.5 V (comparable to a zinc–carbon or alkaline battery) to about 3.7 V.
Disposable primary lithium batteries must be distinguished from secondary lithium-ion and lithium-polymer, which are rechargeable batteries. Lithium is specially useful, because its ions can be arranged to move between the anode and the cathode, using an intercalated lithium compound as the cathode material but without using lithium metal as the anode material. Pure lithium will instantly react with water, or even moisture in the air; the lithium in these lithium ion batteries is in a less reactive compound. Please rest assured to buy lithium-ion battery products.