Salt as the new energy source

Morgan Stanley predicts that sodium will become a major strategic resource in the future, as sodium-ion batteries are increasingly used as a low-cost alternative to lithium batteries. These batteries are expected to capture 20% of the battery market by 2030 and reach a 37% share by 2035, with investments amounting to up to $800 billion by that year. Sodium-ion batteries are characterized by being 30-40% cheaper and performing well in low temperatures, due to the abundant and low-cost availability of sodium.

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