Li-S Energy Ltd (AU:LIS) has released an update.
Li-S Energy Ltd has been awarded a $1.7 million Industry Growth Program Grant to establish Australia’s first lithium foil production line, which will enhance the quality of materials for lithium batteries and expand market opportunities. The company plans to use this grant to produce high-quality lithium foils for its own battery cells and intends to supply both domestic and international customers. This initiative is expected to capitalize on Australia’s significant lithium ore production and the growing global demand for lithium metal foil.
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