Li-S Energy Ltd (AU:LIS) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Li-S Energy Limited has secured a $1.7 million Industry Growth Program Grant to establish Australia’s first lithium foil production line, aiming to enhance the quality of lithium foil for batteries and tap into the global market. With the world’s lithium ore mostly produced in Australia and an increasing demand for lithium metal foil, the company is poised to leverage this growth opportunity. This initiative is set to cater to both local and international markets, potentially revolutionizing battery manufacturing in the country.
For further insights into AU:LIS stock, check out TipRanks’ Stock Analysis page.