Sodium-ion batteries offer lithium alternative Left behind by China’s dominance of the lithium-ion battery industry, South Korea has now set national targets to prioritise the development of sodium-ion batteries for domestic and commercial energy storage LITHIUM RESERVES Bolivia 23m Argentina 22m U.S. 14m Chile 11m Australia 8.7m China 6.8m Germany 3.8m Canada 3m Congo 3m Other 9.7m 105 million tons China controls 61% of lithium refining and produces 79% of lithium-ion batteries SODIUM RESERVES Estimated potential global soda ash (sodium carbonate) reserves ~50 billion tons Can also be extracted from near inexhaustible suppy in seawater Can be transported at zero volts – lithium requires minimal charge U.S. 23bn Turkey 840m Tanzania 700m Ethiopia 400m Others 303m 25.2 billion tons* *Quantified BATTERY TECHNOLOGY 1 2 3 3 2 1 Cathode Separator Anode + - Sodium-ion Charges faster 3x higher lifecycle Less prone to thermal runaway Lithium-ion Charging: 0˚C - 45˚C Usage: -20˚C - 60˚C Charging: -20˚C - 60˚C Usage: -40˚C - 70˚C Energy density: 160-300 Wh/kg Better for EVs Energy density: 90–160 Wh/kg Better for static storage Aluminium foil Aluminium foil Lithium Cobalt Oxide: Costly raw materials Layered Transition Metal Oxides: Based on sodium Graphite Hard carbon Copper foil Aluminium foil Less than 30% cost of copper Sources: USGS, Science Direct, UPS Battery Center © GRAPHIC NEWS