Lithium miners such as our own Neometals {ASX: NMT} will not be pleased to hear that Samsung, one of the world’s largest producer of mobile phones, plans to start using solid state batteries in two or three years time.
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Samsung sees advantages in solid state phone batteries over lithium ion batteries.
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Given their problems with exploding lithium ion batteries that did for the Galaxy Note, it’s not surprising that Samsung are considering a new type of battery for their mobile phones.
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Whilst this is clearly not good for lithium miners, this is a couple of years away at best, and the technology may take a while to prove up and take off.
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