A New Era
Pilbara Metals Group Pty Ltd was founded in 2014 as a mining company for exploration and production in the private sector. Due to market prices it laid idle for 3 years until the idea of Manganese in Batteries was thought of. PMG had an idea of becoming an end user for the Manganese Ore and contributing to a new industry that was forming within Western Australia.
While lithium is the main element thought of when the word “battery” is said, manganese plays a vital role in the cathode structure. In research, the use of manganese in a cathode has shown that it adds reliability, stability and longer life cycles. The cathode makes up about 42% of the cost of a battery. Manganese as a cheaper commodity has attracted companies such as Tesla and Panasonic towards the Nickel Manganese Cobalt Oxide (NMC) and Lithium Manganese Oxide (LMO) cathode structures.
The cathode is vital to the battery. It is the section that allows the battery to be tweaked for more density or power as well how much energy and power can be stored per volume.
Due to the prices of Lithium, Nickel and Cobalt we have seen an influx of existing and new mining companies around the world exploring and producing these commodities. This has left a dent in the market which PMG are capturing.
With PMG now capturing this market, it allows the cathode to be made here in Western Australia using local materials.