Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
AI Stocks Portfolio and Tesla - 23rd May 24
All That Glitters Isn't Gold: Silver Has Outperformed Gold During This Gold Bull Run - 23rd May 24
Gold and Silver Expose Stock Market’s Phony Gains - 23rd May 24
S&P 500 Cyclical Relative Performance: Stocks Nearing Fully Valued - 23rd May 24
Nvidia NVDA Stock Earnings Rumble After Hours - 22nd May 24
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Manganese, Magnesium and Molybdenum, Strategic Metals Key to Green Technology

Commodities / Metals & Mining May 02, 2010 - 06:15 AM GMT

By: Anthony_David

Commodities

Although demand for approximately 90% of manganese, 75% of molybdenum and 13% of magnesium is accounted for by the global steel industry, these three strategic metals are becoming highly important to the future of emerging green technologies.


Manganese (Mn)

New applications of manganese are constantly reported. Of particular interest is a new lithium-ion battery that contains a manganese-based cathode. The application has been launched by Japan’s technology company Hitachi Limited and the new battery is expected to double the life of the batteries besides having a higher electrical output. Hitachi has carried out preliminary tests and the product looks promising. It could play a pivotal role in green energy production, both solar and wind, in electric and hybrid automobiles, and in cell phones and laptops.

Another eco-friendly application of manganese is attempting to utilize the ability of manganese dioxide to absorb carbon dioxide. Scientists at Japan’s Kyoto University are working on reproducing the process of photosynthesis and effectively reducing carbon emissions from the atmosphere. The success of the technology could play a critical role in the future of a green earth.

Magnesium (Mg)

Research workers at Israel’s Bar-Ilan University and at the California Institute of Technology in Pasadena, and engineers at MagPower in British Columbia are exploring ways of extracting energy from magnesium and utilizing its inherent capacity to store large quantities of energy. The success of such a technology could prove to be a blessing for the renewable energy business. A big hurdle in commercializing the technology is however, the high costs involved in extracting magnesium.

To tackle the issue, Dr. Takashi Yabe of Japan’s Tokyo Institute of Technology is developing a process that uses solar power. To make solar power generation less costly, he is using small Fresnel lenses instead of concentrated solar collectors. Magnesium is extracted from seawater by using solar energy to power a laser that heats and ultimately burns magnesium oxide. Dr. Yabe’s demonstration plant, built in partnership with Japan’s Mitsubishi Corporation, can now extract 80 watts of power, which can in turn extract 70% of magnesium from seawater. He hopes to build a commercial model later this year.

Molybdenum (Mo)

Although Molybdenum has been used for many years to make stainless steel, demand for this type of steel is increasing in the green industry due to it’s requirement in the production of pipes and tanks which hold and transport biofuels, which are corrosive in nature.

Molybdenum is also being utilized prominently in thin-film CIGS solar panels which are expected to be substantially less expensive than traditional solar cells due to their much lower material and potentially lower fabrication costs. Although CIGS solar panels are made of copper, indium, gallium and selenium (hence the acronym ‘CIGS’) a thin layer of molybdenum is used as the effective electrode base upon which the afore-mentioned elements are deposited.

By Anthony David

http://www.criticalstrategicmetals.com

The mission of the Critical Strategic Metals Web Site

is to serve as a monthly compass for those who take a fundamental view of investment regarding the Molybdenum, Manganese and Magnesium metals markets, are concerned with the emerging critical under-supply of these strategic metals to Western nations and wish to profitability chart their course. Each month we will research and provide, in as short and concise a manner as possible, the most applicable information available on resources that will have the biggest impact on our day to day lives. Click here to sign-up for our FREE monthly report

© 2010 Copyright  Anthony David- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in