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The layered transition metal chalcogenides MCrX₂ (M = Ag, Cu; X = S, Se, Te) are of interest for energy storage because chemically Li-substituted analogs were reported as superionic Li⁺ conductors. The coexistence of fast ion transport and reducible transition metal and chalcogen elements suggests that this family may offer multifunctional capability for electrochemical storage. Here, we investigate the electrochemical reduction of AgCrSe₂ and CuCrSe₂ in non-aqueous Li- and Na-ion electrolytes using electrochemical measurements coupled with ex situ characterization (scanning electron microscopy, energy-dispersive spectroscopy, X-ray diffraction, and X-ray photoelectron spectroscopy). Both compounds delivered high initial specific capacities (~ 560 mAh/g), corresponding to 6.64 and 5.73 Li⁺/e^- per formula unit for AgCrSe₂ and CuCrSe₂, respectively. We attribute this difference to distinct reduction pathways: 1) Li⁺ intercalation to form LiCrSe₂ and extruded Ag or Cu, 2) conversion of LiCrSe₂ to Li₂Se, and 3) formation of an Ag-Li alloy at the lowest potential, operative only in AgCrSe₂. Consistent with this proposed mechanism, step 3 was absent during reduction of AgCrSe₂ in a Na-ion electrolyte since Ag does not alloy with Na. These results demonstrate the complex reduction chemistry of MCrX₂ in the presence of alkali ions, providing insights into the use of MCrX₂ materials as alkali ion superionic conductors or high capacity electrodes for lithium or sodium-ion type batteries.