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Lion Battery completes phase one testing of platinum-palladium lithium-sulfur batteries, advancing toward commercial use.

Market News
01 Oct 2026
Newsfile Corp
View Source
Bullish
Lion Battery completes phase one testing of platinum-palladium lithium-sulfur batteries, advancing toward commercial use.

Lion Battery Technologies, majority-owned by Platinum Group Metals, has successfully completed the first phase of independent testing for its platinum- and palladium-based lithium-sulfur battery technology. Testing confirmed that the use of platinum group metal catalysts improves battery capacity and performance, with palladium-rich formulations showing the best results. This milestone supports further development toward pilot-scale manufacturing and commercial demonstration, with the next phase focusing on prototype pouch-cell production and testing for applications like drones. The progress highlights potential for higher energy density batteries that could extend drone operation times and payloads, moving closer to market readiness.

Lion Battery Technologies' progress in platinum and palladium based lithium-sulfur battery technology is notable. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 01, 2026 11:22 WIB: out of 38 priced US stocks, 12 rose and 26 fell. Notable movers include Harmony Gold Mining Co. (HMY) at USD 17.63 with a -1.95% change and 57% buy order activity, Vale SA (VALE) at USD 13.55 with a +1.88% change and 82% sell order activity, and ArcelorMittal SA (MT) at USD 66.74 with a -1.80% change and 100% buy order activity.

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