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Demand for Battery Metal Manganese is Set to Explode Higher; Electric Metals (USA) Limited is a Great Way to Play this Growth Trend
by Senergy Capital
Around 85%-90% of all mined manganese a hard, brittle, silvery metal is currently used as an alloy in iron and stainless steel production. Manganese improves the strength and workability of steel and increases its resistance to wear. The metal is also a key element in glass making, fertilizers and ceramics – and increasingly in the batteries of electric vehicles (EVs). In greater detail, manganese is a stabilizing component in the cathodes of nickel-manganese-cobalt lithium-ion batteries. Manganese not only increases the energy density of the battery, which in turn boosts the driving range of the vehicle, it also decreases the combustibility of an EV battery pack. In addition, the cost of manganese is far lower than most other battery metals such as nickel and cobalt.
https://www.zerohedge.com/sponsored-post/demand-battery-metal-manganese-set-explode-higher-electric-metals-usa-limited-great