Engineering researchers at Rensselaer Polytechnic Institute have developed a new type of rechargeable lithium battery with components made entirely of carbon. Unlike the lithium-ion batteries currently sold around the world to power smart phones, laptops, and countless other devices, this new battery is made without cobalt.
Several southwestern states are engaged in an incentives battle to land Tesla Motors’ li battery “gigafactory.” The Arizona Republic handicaps the competitors here.
Hovering around CNY 204,000 ($32,704) per metric ton, Chinese cobalt cathodes remained unaffected this week. Prices for all other metals Renewables MMI® also kept constant. Silicon traded sideways last week, hovering around CNY 14,250 ($2,284) per metric ton. Neodymium remained essentially flat from the previous week at CNY 415,000 ($66,531) per metric ton. Following a steady week, prices for Chinese steel plate closed flat at CNY 3,850 ($617.21) per metric ton.
Closing at JPY 76,000 ($743.72) per metric ton, Japanese steel plate remained unchanged for the week. Korean steel plate prices held steady from the previous week at KRW 900,000 ($880.32) per metric ton. Chinese steel plate remained essentially flat from the previous week at CNY 3,850 ($617.21) per metric ton. At $823.00 per short ton, the price of US steel plate did not change since the previous week.
US grain-oriented electrical steel (GOES) continues hovering around $2,921 per short ton for the fifth day in a row.
The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.