Invest in Cleantech

Invest in Cleantech

Monday, December 19, 2011

Magnesium Batteries Could Establish US Leadership in EV Battery Market

Magnesium Batteries Could Establish US Leadership in EV Battery Market

POINT ROBERTS, December 19, 2011 -, a leader in cleantech research and news for investors, reports on new developments in high efficient magnesium batteries.

Magnesium production and demand has nearly doubled in the past 10 years, and now a global need for green vehicle solutions may spike the demand even further.

Hoping to be first to market with a magnesium battery for electric cars, Pellion Technologies, Inc ( is developing low-cost rechargeable Magnesium Batteries with high energy density.

Competing with lithium-ion batteries, magnesium batteries will potentially be cheaper, more efficient and also address a new issue that has come to surface – safety.

According to the Advanced Research Projects Agency at the US Department of Energy site, “Pellion Technologies, an MIT spin-out company, will develop inexpensive high-energy-density rechargeable magnesium-ion batteries with the potential to disrupt current energy storage technologies for electric and hybrid-electric vehicles. To develop a game-changing 33 magnesium-ion battery, Pellion will leverage high throughput computational materials design, coupled with accelerated materials synthesis and electrolyte optimization, to identify new high-energy density magnesium cathode materials and compatible electrolyte chemistries. If successful, this project will develop the first commercial magnesium-ion battery and will establish U.S. technological leadership in this exciting new high energy battery chemistry for electrified vehicle applications.”

With US auto sales improving and global demand and pressure to address climate change with green automotive solutions, magnesium producer China Direct Industries, Inc. (NASDAQ:CDII) , is positioned with a substantial lead in market share of supplying pure magnesium and will be a key player in the green roads of the future.

China Direct Industries Inc, Inc. (NASDAQ:CDII), is a U.S. based company that sources, produces and distributes industrial commodities in China and the Americas and provides business and financial consulting services. Headquartered in Deerfield Beach, Florida with corporate offices in Shanghai, China Direct Industries' unique infrastructure provides a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets.

For more information about China Direct Industries, please visit

Contact Information:
Pearl Group Advisors, Inc
China Direct Industries, Inc.
Richard Galterio or Lillian Wong
Investor Relations
Phone: 1-877-China-57

CDII on Twitter .com!/ChinaDirectCDII

China Direct Industries, Inc. (NasdaqGM: CDII) is a featured stock on
Visit the company profile

About is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow on Twitter!/Investorideas
Follow on Facebook

Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes .China Direct Industries, Inc. (NasdaqGM: CDII) One month online marketing paid for by third party Pearl Group; twelve thousand five hundred, to include CFA Commentary, email distribution with other partners and network of online media which are also compensated as part of this overall marketing (please read their disclosures)

800 665 0411


Commodity Exchange said...

good information for market and good for business

Daily Energy Report said...

Clean Energy Fuels gets $150M in investment

green investing said...

Awesome post, that Pellion Industries sounds very exciting. I read that article on Greentech Media and am now going to be following this one closely whenever it has an IPO. Just once I'd like to get in early on a unique stock and company!

Jyoti said...

Was really interesting reading about the hydro cyclones
of the market.

Penny Stock Newsletter said...

Magnesium can burn under water. I wonder if it could be used as an alternative type of energy.