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Building better high-tech batteries for mobile devices a big business that’s getting bigger

October 22, 2012

Vancouver company switches from mining lithium to perfecting lithium-ion batteries. By Nelson Bennett

When John Lando was trying to prove out a lithium stake his
Vancouver junior mining company has in Bolivia, he realized
he needed someone with expertise in lithium chemistry
 

“On a technology basis, this is an interesting play,” said Jon Hykawy, a clean technology and materials analyst with Byron Capital Markets Ltd. “This is something not many other people have considered doing.”

The market for rechargeable lithium-ion batteries is huge and growing, thanks in part to the explosion in the use of tablets, smartphones and laptops. Lithium-ion batteries currently account for 37% of the world’s battery market.

“Who amongst us wouldn’t want to be able to get the cellphone to work for 30% longer and charge it faster?” Hykawy said. “I’ll take that.”

To view the full article please follow the link to Business in Vancouver.

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