Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gelion PLC ( (GB:GELN) ) has issued an announcement.
Gelion PLC announced significant advancements in its lithium-ion battery recycling technology through its subsidiary, Battery Minerals Ltd. The company has achieved over 95% lithium recovery from battery waste analogues and over 80% from real-world samples, positioning itself strategically in the growing global battery recycling market. This innovative process uses non-toxic reagents and moderate conditions, offering environmental benefits and addressing critical mineral supply challenges. The company plans a demonstration project in 2026, aiming for non-dilutive financing to benefit shareholders.
More about Gelion PLC
Gelion PLC is a global energy storage innovator focused on commercializing next-generation battery technologies, including Sulfur-based, Lithium-Sulfur, Sodium-Sulfur, and Zinc-based hybrid cells. The company is also pioneering battery recycling technology to support a sustainable economy. Gelion is listed on the London Stock Exchange’s Alternative Investment Market and owns UK-based OXLiD Ltd and Battery Minerals Ltd, as well as Australia-based Gelion Technologies Pty Ltd.
Average Trading Volume: 92,019
Technical Sentiment Signal: Buy
Current Market Cap: £34.49M
See more data about GELN stock on TipRanks’ Stock Analysis page.