PALM BEACH, Florida, November 14, 2017 /PRNewswire/ —
The seemingly unstoppable and rapid growth in the lithium market is due to large part in the increasing popularity of electric vehicles and a more significant switch to lithium than originally anticipated. As the industry continues to develop, experts are forecasting increased project investment to boost production, increase new patent activity and ultimately drive revenues throughout the next four to five years. Demand for the metal is forecast to triple by 2025, and according to consultancy CRU, prices for lithium carbonate, used in lithium-ion battery cathodes, have more than doubled since 2015. The rapidly unfolding EV revolution is set to boost prices even higher. Active in the lithium market today includes: Alternet Systems, Inc. (OTC: ALYI), Liberty One Lithium Corp. (OTC: LRTTF) (TSX-V: LBY), Nemaska Lithium Inc. (OTC: NMKEF) (TSX: NMX), FMC Corporation (NYSE: FMC), Rio Tinto plc (NYSE: RIO), Air Products and Chemicals, Inc. (NYSE: APD)
Alternet Systems, Inc. (OTC: ALYI) today announced new partnership developments advancing the company’s strategy to become a recognized brand name within the lithium ion battery market. The strategy is built on the company’s portfolio of ten lithium technology patents . Detailed information on each of the patents is available on the United States Patent and Trademark (USPTO) website. Alternet specifically sought out and obtained the technology portfolio to deliver stable, safe, long duration power in high impact operating systems. The Alternet lithium technologies were originally developed to provide a stable, long-lasting and safe solution for the growing electric vehicle (EV), and Hybrid Electric Vehicle (HEV) market in addition to the portable power (PP) market for the growing number of personal electronic devices. Among other features, the Alternet lithium technologies expand the operating temperature window of lithium-ion batteries compared to currently available lithium-ion batteries thus improving safety by reducing the risk of combustion and also improving efficiency by reducing or eliminating a supplemental battery cooling function. The battery cooling efficiency is particularly valuable in the EV and HEV market. In partnership with the original developer of the lithium patents, the technologies were tested in cooperation with Nissan Motor Company, Ltd. and UBE Industries, Ltd., the primarily source of batteries for Sanyo Electric Co, Ltd. Read this and more news for Alternet Systems at:http://www.marketnewsupdates.com/news/alyi.html.
Alternet’s business strategy is to partner with prominent third parties producing products and services that require stable, safe, long