Besides focusing on affordability, researchers at Dalhousie University want to increase the lifetime and energy density of batteries for EVs and energy storage applications.

Ganfeng also wants at least half of Goulamina’s first-phase annual output, estimated in 455,000 tonnes of spodumene.

According to Graphene Manufacturing Group and The University of Queensland, graphene aluminum-ion batteries can charge 70 times faster than Li-ion batteries.

Top lithium producer also said it would sell $630m of shares to fund expansion overseas.

According to S&P Market Intelligence, if scaled up, the production of solid-state batteries would have a minimal effect on demand for battery metals.

The US company is introducing a way of extracting more of the lithium that’s normally captured in salts, thereby lifting yields to 80-85% from 50-55%.

Energy storage deployments are expected to accelerate dramatically over the next 12 months.