GROWING DEMAND FOR FLUORINE IN BATTERY TECHNOLOGY

 Coolabah Metals is expanding its exposure to battery minerals with an increased focus on the increasing demand for fluorine. 

   Fluorine is a fundamental component of electrolytes in existing lithium-ion batteries. 

  Fluorite (CaF2) is used to produce fluorine, which the Federal  Government added to Australia’s Critical Minerals List in December  2023. The Federal Government added fluorine to Australia’s Critical  Minerals List in recognition of its role in the energy transition and a  lack of production in Australia. 

 Fluoride-ion batteries also have the potential to displace lithium-ion  batteries as they have a potential 8-fold increase in energy density relative to lithium-ion batteries.