Battery-grade lithium cobalt oxide price

What is a lithium cobalt oxide battery?

The lithium cobalt oxide battery is made from lithium carbonate and cobalt. When the lithium cobalt oxide battery is charging, the carbon present in their chemical reaction acts as the anode that discharges the lithium ions, while the cobalt oxide acts as the cathode that accepts lithium ions.

What are the market prospects for lithium cobalt oxide battery?

The market prospects for a lithium cobalt oxide battery are good. Cobalt ore is scarce and the domestic storage of high-quality cobalt ore is limited. The price of cobalt ore has reached 700,000 yuan/ton by the middle of 2018.

What is the impact of cobalt prices on lithium ion batteries?

The first is cobalt prices. In a 111 cathode, which is widely quoted to show the huge impact of cobalt prices on lithium ion batteries, cobalt understandably moves the cell manufacturing cost needle.

How safe is a lithium cobalt oxide battery?

The safety performance of a lithium cobalt oxide battery is poor. It performs well in terms of high specific energy, but not so good in power characteristics, safety, and cycle life. A special battery provides 240Wh /kg.

Is lithium cobalt oxide a good cathode for lithium ion batteries?

Lithium cobalt oxide (LCO) as a classic layered oxide cathode for lithium-ion batteries is limited by the cutoff voltage, which only delivers about half of the theoretical capacity (∼4.2 V, 140 mA h g –1 ). Recently, raising the cutoff voltage to 4.6 V has been considered to further improve its specific capacity.

How much cobalt does a lithium ion battery contain?

“The first generation of lithium-ion batteries for consumer electronics contained cathodes with 60% cobalt. The first generation of EV batteries contained 33% cobalt in cathodes, while current commercial cathodes in EV batteries contain 15-20% cobalt, and industry is actively developing 10% cobalt cathodes,” they summarize.