Li-S Energy (ASX:LIS) - Chief Executive Officer, Lee Finniear
S Energy (ASX:LIS)
Li-S Energy
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Li-S Energy (LIS) develops a new lithium sulphur battery with increased volumetric energy density
  • LIS says its new, third-generation, 20-layer battery cells offer the potential to reduce the size of battery packs needed for the same amount of energy stored
  • The cells were developed using LIS semi-solid-state lithium sulphur technology in its semi-automated phase two facility in Geelong, Victoria
  • Test cell production capacity is anticipated later this year when the company’s new phase three facility is scheduled to be completed
  • LIS shares are up 29.4 per cent and trading at 33 cents at 3:43 pm AEST

Li-S Energy (LIS) has developed a new lithium sulphur battery with increased volumetric energy density.

The third generation, 20-layer battery cells were developed using the company’s semi-solid-state lithium sulphur technology at its semi-automated phase two facility in Geelong, Victoria.

LIS said it achieved a 45 per cent increase in volumetric energy density, offering the potential to reduce the physical size of battery packs needed for the same energy stored, compared to its existing GEN2 lithium sulphur cells.

Additionally, LIS said the new cells had the potential to be safer than traditional lithium sulphur batteries as they were built using a low-flammability electrolyte.

Li-S Energy CEO Lee Finniear said the development of the new batteries validated the strength of the company’s scientific and technical teams and its collaboration with Deakin University and other institutions.

“This outcome demonstrates the strength of our progress over the last year,” Mr Finniear said.

“In the coming months, we look forward to commencing the production of commercial samples for our partners.”

Test cell production capacity is anticipated later this year when the company’s new phase three facility is scheduled to be completed.

LIS shares were up 29.4 per cent and trading at 33 cents at 3:43 pm AEST.

lis by the numbers
More From The Market Online
Nasdaq billboard

Nasdaq issues ASX-listed Novonix warning over sub-$1 ADRs; 180 days to turn around

Australian-listed Novonix Ltd has been slapped with a warning from the NASDAQ on Wall Street over…
Image of a lithium battery

Core Lithium to restart Finniss alongside Glencore after $170M injection; cap raise to come

Core Lithium has announced it has inked a positive Final Investment Decision (FID) on a restart…

World’s largest natural rutile deposit: Sovereign upgrades world class Kasiya resource

Sovereign Metals has significantly upgraded the measured resource at the world-class Kasiya rutile mine in Malawi.

Koonenberry Gold up +10% mid-week on high-grade intersect hits at Enmore

Koonenberry Gold’s share price has risen sharply on the back of shallow hits at the Enmore…