South Star Battery Metals ( (TSE:STS) ) just unveiled an update.
South Star Battery Metals has signed a Memorandum of Understanding with the University of Alabama’s Alabama Mobility and Power Center to develop a battery anode materials program in the U.S. This partnership aims to establish a comprehensive framework for research, pilot demonstration, and commercial-scale manufacturing of graphite anode materials. The initiative is expected to enhance the company’s operations by positioning it as a key player in the critical materials ecosystem, supporting the advancement of a diversified technology and battery supply chain in the U.S. The collaboration also highlights South Star’s commitment to developing a robust business plan and quick-to-market strategy, leveraging its Santa Cruz and BamaStar projects.
More about South Star Battery Metals
South Star Battery Metals Corp. operates in the battery materials industry, focusing on the production and supply of natural-flake graphite concentrate. The company is engaged in developing scalable and financeable graphite assets, with a market focus on the Americas and North America.
YTD Price Performance: -19.75%
Average Trading Volume: 8,186
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.16M
Learn more about STS stock on TipRanks’ Stock Analysis page.