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Is silver the next battery raw material?

Posted on - 11 Sep 2024

Category - Features

An analysis by a “retired investment professional” published on X (formerly Twitter) has got tongues wagging in the already-excited silver world about the impact of Samsung SDI’s new solid state battery technology on silver demand. The silver would be used in a silver-carbon composite which would be layered between the lithium metal anodes. But, to put it mildly, the numbers are rather racey. The "back of the envelope" calculations suggest that silver demand from batteries could amount to 16Kt of silver demand globally or c.64% of current global silver demand. We explain why we think the calculations should probably have...

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Topics

Batteries EVs Samsung SDI Silver Solid state