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An update from Li-S Energy Ltd ( (AU:LIS) ) is now available.
Li-S Energy Limited has secured a $7.8 million grant from the Australian Renewable Energy Agency (ARENA) to advance plans for a large-scale lithium-sulfur battery cell manufacturing facility in Australia. The grant will support manufacturing optimization, a feasibility study, and front-end engineering design, aiming for a production capacity of up to 1 GWh per year. This initiative marks a significant increase from the current 2 MWh production line and underscores federal support for domestic battery manufacturing and renewable energy supply chain resilience. The project is expected to attract strategic and joint venture partners, enhancing Li-S Energy’s market positioning and commercial readiness.
More about Li-S Energy Ltd
Li-S Energy Limited operates in the advanced battery manufacturing industry, focusing on the development and production of lithium-sulfur (Li-S) batteries. The company targets sectors such as drone, defense, aerospace, and marine with its proprietary battery technology.
Average Trading Volume: 332,688
Technical Sentiment Signal: Buy
Current Market Cap: A$96.03M
For an in-depth examination of LIS stock, go to TipRanks’ Overview page.