Iron ore and Metal-air batteries

Metal-air batteries needs iron ore; their prices have moved together.

Iron ore (commodity) and Metal-air batteries (energy): 2 relationships.

How they are linked

1. Material need

Physical flow · Direct · Iron ore → Metal-air batteries

Building or running Metal-air batteries needs iron ore.

2. Price link: iron-air storage

Cost and price · Weak · Both ways

Iron-air batteries for multi-day grid storage rust and un-rust iron pellets, aiming at very low cost because iron is cheap. The primary battery proxy cannot reflect this new market, and shows no link, with monthly moves at -0.02.

• -0.02 monthly change correlation
• -0.04 12-month change correlation
• 0.05 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.