The lithium-ion battery (LiB) market is experiencing transformative growth, fuelled by a worldwide demand for electric vehicles (EVs), battery energy storage systems (BESS), and portable electronics. The urgent need for cleaner transportation solutions and a global commitment to reducing carbon emissions have accelerated EV adoption. Forecasts indicate a 342% increase in EV LiB energy demand between 2023 and 2030, with growth predicted to reach a staggering 938% by 2040. Scaling battery production to unprecedented levels will be essential to meet this demand.
As a key ingredient in many battery compositions, the high-purity manganese sulphate monohydrate (HP MSM) market is positioned for explosive growth alongside the LiB industry. In 2023, global demand for HP MSM stood at 315kt, yet cathode active material (CAM) forecasts project a demand surge to 1420 kt by 2030. This rapid expansion highlights the critical need for reliable HP MSM supply chains, sustainable sourcing practices, and ongoing innovation in battery technologies and recycling.
Manganese can be used in a variety of different types of batteries, including:
• Nickel-Manganese-Cobalt (NMC) batteries
• Lithium Manganese Nickel Oxide (LMNO) batteries
• Layered structure high Manganese formulation (NCM307) batteries
• Manganese Dioxide (MnO2) batteries
• Lithium Iron Manganese Phosphate (LMFP) batteries
Manganese Metal Company (Pty) Ltd is at the forefront of this dynamic market. We are committed to providing our customers with secure supply and sustainable HP MSM solutions. Contact us to discover how we can partner to power your success in the burgeoning HP MSM landscape.
Why is Manganese used in Lithium-ion batteries?
Increased capacity: Manganese can help increase lithium-ion batteries' capacity by up to 20%. This is because manganese has a high electrochemical potential, which means that it can store more lithium ions than other materials.
Improved safety: Manganese can help improve the safety of lithium-ion batteries and improve their safety by making them less prone to overheating and combustion. This is because manganese is a good conductor of heat, which helps to dissipate heat away from the battery.
Reduced cost: Manganese is a relatively inexpensive material that can help reduce the cost of lithium-ion batteries. This is because manganese is more abundant than other materials used in lithium-ion batteries, such as Cobalt.
