Many people are talking about lithium iron phosphate batteries, especially auto industry stakeholders who are eager to get their hands on a higher-performing, lower-costing and safer battery. If the supply chain doesn’t get its act together soon, this may be problematic.

81% of the global supply of phosphate rock is produced by just six countries, with China and Morocco in the lead, but the real problem is further up the supply chain. Regardless of the source, an LFP battery can’t use phosphate rock straight from the mine. It has to be purified with only 3% of total phosphate production currently suitable for lithium ion battery applications, given its refinement needs.

Source: CleanTechnica: Read The Article

PSR Analysis: Gathering phosphates from wastewater sludge could be a solution, but as with most new tech, investment is needed. A side effect of this could be improved water quality.   PSR

Guy Youngs is Forecast & Adoption Lead for Power Systems Research

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Guy Youngs
As Forecast and Technology Adoption Lead at Power Systems Research, Guy Youngs is responsible for PSR’s industry forecast and overseeing the rate of technology adoption of alternative power sources into the future outlook and technology mix. His duties include regular engagement with PSR’s global analyst team to ensure that our data and forecasts recognize industry changes towards alternative power sources. Guy received a BA with honors in Public Administration and Management from the University of Kent at Canterbury. Prior to joining PSR, Guy spent 11 years as a Market Intelligence Specialist for Perkins Engines Company, part of Caterpillar’s operations in the UK.