Demand for antimony in solar energy storage batteries

What is the demand for antimony?

Rising Demand The demand for antimony has been steadily increasing, particularly in the renewable energy sector. Antimony is a critical component in photovoltaic (PV) glass used in solar panels. With record levels of solar PV installations, especially in China, the demand for antimony has surged.

How will antimony prices affect the energy industry?

The surge in antimony prices has significant implications for various industries. Manufacturers of lead-acid batteries, solar panels, and flame-retardant materials are facing higher production costs. This could lead to increased prices for end consumers and potentially slow down the adoption of renewable energy technologies.

Why are antimony prices so volatile?

The metal is also essential in the production of lead-acid batteries, energy storage systems, and flame-retardant materials. Geopolitical Factors Geopolitical tensions have further contributed to the volatility in antimony prices.

Why is antimony important for solar panels?

Antimony’s demand has risen due to increasing industrial use and China’s dominance in production. The silver white metal is crucial in solar panels. It makes perovskite solar cells work better by helping them absorb more light and convert energy more effectively. It also enhances thermal stability, helping panels endure extreme conditions.