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Monday, 09/14/2020 12:08:27 PM

Monday, September 14, 2020 12:08:27 PM

Post# of 2722
Are_we glimpsing_the future?_Nickel drops_big_today. LION_Batt Tech_gets patent
Patent No. 10,734,636 B2 this morning to use platinum/palladium in Lithium batteries

Lion Battery Technologies is a subsidiary of Platinum Group Metals (PLG US$2.20-ish on NYSE) http://www.platinumgroupmetals.net/home/default.aspx

This revolutionary technology appears to kill the need for nickel/cobalt in lithium batteries, and LION Battery Tech is clearly going after the Tesla market http://s1.q4cdn.com/169714374/files/doc_presentations/2020/06/Platinum-Group-LION-Corporate-Presentation-June-15-2020-FINAL.pdf see page 9.

Is this part of the Tesla Battery Day announcement? If using palladium/platinum catalysts in the battery cathode leads to less weight and less volume... then the battery maker (eg Tesla) can stuff more lithium into the battery I would say. So the next question is... whose extra lithium is Tesla stuffing into these next-gen batteries if they are cutting a deal with LION Battery Tech on Battery Day?

The Doctor

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