The Future Battery Industries Cooperative Research Centre is pleased to welcome Li-S Energy as the 71st member of our community of participants.
Li-S Energy is an ASX Listed company formed in 2019 with the aim of improving battery capacity through the use of technology based on lithium sulphur chemistry.
FBICRC CEO Shannon O’Rourke said collaboration was key when it came to capturing the opportunity the industry has in front of it.
“We know the global battery demand is expected to grow at least 9 to 10-fold over the next decade, so we must accelerate our development of this technology. Investments and
collaboration from partners like Li-S Energy allow us to advance our research and capability in battery materials and precursor manufacturing, and in turn, broaden their own opportunities
for market penetration,” he said.
CEO Dr. Lee Finniear commented:
“We are proud to be supporting the Australian battery ecosystem through our joint investment and contribution to the FBICRC, and to be playing our part in projecting Australia onto the
global stage as an innovative player in the drive to deliver the global Carbon Zero economy. Our collaboration with FBICRC accelerates our time to market by enabling us to access advanced electrolytes developed specifically for these high energy cells, further magnifying the benefits over lithium-ion” said Dr Lee.
The Brisbane based company, will be involved in a range of FBICRC projects including the Future Electrolyte Systems project with our university partner Deakin.
The full ASX announcement is available here.