Global Organization

How a low-cobalt lithium battery is affecting the global lithium trade network?

On the one hand, in order to alleviate the supply shortage of cobalt resources, the continuous progress of the low-cobalt technology of lithium batteries has been promoted. This has also led to the decrease in the demand for lithium. This change will have different impact on the exporters of the global lithium trade network.

What is the ratio of lithium to cobalt in a lithium battery?

Therefore, in a lithium battery, the ratio of the density content of lithium to cobalt σ= (0.13-0.02γ)/ (0.19-0.1 γ). The shock of technology progress on the trade network layer is mainly affected by two factors, namely, the density of metals in lithium batteries and the market's demand for batteries.

Which country produces lithium carbonate in the cobalt trade network?

Although Chile is the world's largest producer of lithium carbonate, its trade volume in the cobalt trade network is relatively small. In order to observe the main trend more clearly, the node of Chile was removed during processing the data, but it does not affect the final result.

What is the relationship between cobalt trade network layer and lithium trade network?

The status changes of major trade countries in the network are identified. The correlation between cobalt trade network layer and lithium trade network layer of the CLTN is analyzed. Cobalt and lithium are important strategic metal materials. At present, most countries' demand for cobalt and lithium mainly comes from international trade.

Why do lithium batteries need cobalt & lithium?

The demand for cobalt and lithium in lithium batteries is expected to grow continuously in the future. Because of the high price and supply risk of cobalt, it makes lithium batteries continue to innovate in electrode material technology constantly.

How will the lithium trade affect cobalt and lithium battery technology?

The lithium trade will be affected by the progress of lithium battery technology with the magnitude of β 1. In the second perspective, since cobalt and lithium are joint consumption products, there is a certain synergy relationship.

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