PERTH (miningweekly.com) – ASX-listed Volt Resources has struck a joint development agreement (JDA) with US-based 24M Technologies and American Energy Technologies Co to develop graphite materials specifically designed for 24M.
24M is working on the challenge of energy storage with the invention of its SemiSolid manufacturing platform, which is purported to revolutionise the cell product and process.
“Volt is excited about the progress with technology and market leaders such as 24M and American Energy Technologies Co. This JDA reinforces our strategy of focusing on applications and customers where we have a strong value proposition. We are looking forward to continuing our battery anode material qualification work with 24M and its licensees,” said Volt MD Trevor Matthews.
The JDA will focus on coated spheronised purified graphite and also non-spherical graphite products to enhance lithium-ion battery performance with plans to enter into a binding offtake agreement between 24M and Volt.
Test work is progressing to support cell developer’s commercialisation activities that use its SemiSolid lithium-ion battery technology in multiple markets, including electric vehicles, stationary storage and electric aviation.