Liquid Metal Battery (LMB) technology is a new research area born from a different economic and political climate that has the ability to address the deficiencies of a society where electrical energy storage alternative are lacking. The United States government has begun to fund scholarly research work at its top industrial and national laboratories. This was to develop liquid metal battery cells for energy storage solutions. This research was encouraged during the Cold War battle for scientific superiority. Intensive research then drifted towards high energy rechargeable batteries, which work better for automobiles and other applications. Intensive research has been carried out on the development of electrochemical rechargeable all-liquid energy storage batteries. The recent request for green energy transfer and storage for various applications, ranging from small-scale to large-scale power storage, has increased energy storage advancements and explorations. The criteria of high energy density, low cost, and extensive energy storage provision have been met through lithium-ion batteries, sodium-ion batteries, and Liquid Metal Battery development. The objective of this research is to establish that liquid metal battery technology could provide research concepts that give projections of the probable electrode metals that could be harnessed for LMB development. Thus, at the end of this research, it was discovered that the parameter estimation of the Li//Cd-Sb combination is most viable for LMB production when compared with Li//Cd-Bi, Li-Bi, and Li-Cd constituents. This unique constituent of the LMB parameter estimation would yield a better outcome for LMB development.