Far East Capital Newsletter
Calcium-antimony batteries are looking more suitable for grid networks than lithium-ion
8 Oct 2022

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Calcium-antimony batteries are looking more suitable for grid networks than lithium-ion

wo weeks ago we said that the best news for the market would be evidence of a recession starting to bite. That is exactly what happened on Monday evening in the USA, causing the gold price to rally back to US$1,700/oz and the Dow to jump 2.66%. We had another good day of rises on Tuesday and the Australian interest rate rise was only 0.25%.

The stress that drove prices lower the week before has run its course. We then saw the strong rally and the subsequent slow down at the end of the week. Many share prices had surged higher, but not enough to breach downtrends, so this means we are still trying to form a base around these levels.

Looking beyond the immediate economic turmoil, this week we have taken a closer look at the role antimony is playing in the next generation of large capacity stationary batteries, the type that are linked into the grid to provide the reliability that solar and wind power cannot. Tesla-style lithium models are the default battery at present, but these are not without their issues e.g. look at the fire in the Victoria facility(1). Vanadium Redox batteries are gaining more attention, but there is a new type coming out of the USA that could better both of these types of batteries - calcium-antimony batteries. 

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