Telescope Innovations and Standard Lithium Demonstrate Low-Temperature, High-Purity Production of Lithium Sulfide for Solid-State Batteries
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) and Standard Lithium (TSXV: SLI) (NYSE American: SLI) have successfully developed a new method for producing high-purity lithium sulfide, a important material for next-generation solid-state batteries (SSBs). The innovative low-temperature, high-purity process addresses key challenges in lithium sulfide production:
- Reduced production costs due to lower energy consumption
- Improved product purity for enhanced SSB performance
- Simplified production process for easier management and scalability
- Environmental benefits from reduced energy use and potentially less hazardous reagents
This breakthrough aims to establish a North American-based resource and infrastructure for next-generation battery materials, potentially transforming the solid-state battery industry.
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) e Standard Lithium (TSXV: SLI) (NYSE American: SLI) hanno sviluppato con successo un nuovo metodo per produrre solfuro di litio ad alta purezza, un materiale importante per le batterie a stato solido di nuova generazione (SSB). Il processo innovativo a bassa temperatura e ad alta purezza affronta le principali sfide nella produzione di solfuro di litio:
- Costi di produzione ridotti grazie al minore consumo energetico
- Purezza migliorata del prodotto per prestazioni superiori delle SSB
- Processo di produzione semplificato per una gestione e scalabilità più facili
- Benefici ambientali grazie alla riduzione del consumo energetico e all'uso di reagenti meno pericolosi
Questa scoperta mira a stabilire una risorsa e infrastruttura basata in Nord America per i materiali delle batterie di nuova generazione, trasformando potenzialmente l'industria delle batterie a stato solido.
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) y Standard Lithium (TSXV: SLI) (NYSE American: SLI) han desarrollado con éxito un nuevo método para producir sulfuro de litio de alta pureza, material importante para las baterías de estado sólido de nueva generación (SSB). El proceso innovador de baja temperatura y alta pureza aborda los principales desafíos en la producción de sulfuro de litio:
- Costos de producción reducidos gracias a un menor consumo de energía
- Mejora de la pureza del producto para un mejor rendimiento de las SSB
- Proceso de producción simplificado para una gestión y escalabilidad más fáciles
- Beneficios ambientales gracias a la reducción del uso de energía y el uso potencial de reactivos menos peligrosos
Este avance tiene como objetivo establecer un recurso e infraestructura con base en América del Norte para los materiales de baterías de nueva generación, transformando potencialmente la industria de las baterías de estado sólido.
텔레스코프 이노베이션스 주식회사(Telescope Innovations Corp.) (CSE: TELI) (OTCQB: TELIF)와 스탠다드 리튬(Standard Lithium) (TSXV: SLI) (NYSE American: SLI)은 고순도 리튬 황화물 제작을 위한 새로운 방법을 성공적으로 개발했습니다. 이는 차세대 고체 상태 배터리(SSB)에 중요한 소재입니다. 혁신적인 저온, 고순도 공정은 리튬 황화물 생산의 주요 문제를 다룹니다:
- 낮은 에너지 소비로 인한 생산 비용 절감
- SSB 성능 향상을 위한 제품 순도 개선
- 관리 및 확장성을 용이하게 하는 간소화된 생산 공정
- 에너지 사용 감소와 잠재적으로 덜 위험한 시약으로 인한 환경적 이점
이 획기적인 발전은 차세대 배터리 소재를 위한 북미 기반 자원 및 인프라를 구축하는 것을 목표로 하며, 고체 상태 배터리 산업을 혁신할 수 있습니다.
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) et Standard Lithium (TSXV: SLI) (NYSE American: SLI) ont développé avec succès une nouvelle méthode de production de sulfure de lithium de haute pureté, un matériau important pour les batteries à état solide de nouvelle génération (SSB). Le processus innovant à basse température et de haute pureté répond aux principaux défis de la production de sulfure de lithium :
- Coûts de production réduits grâce à une consommation d'énergie plus faible
- Pureté améliorée du produit pour des performances SSB optimisées
- Processus de production simplifié pour une gestion et une évolutivité facilitées
- Bénéfices environnementaux grâce à une réduction de l'utilisation d'énergie et à l'utilisation potentiellement de réactifs moins dangereux
Cette percée vise à établir une ressource et une infrastructure basées en Amérique du Nord pour les matériaux de batteries de nouvelle génération, ce qui pourrait transformer l'industrie des batteries à état solide.
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) und Standard Lithium (TSXV: SLI) (NYSE American: SLI) haben erfolgreich eine neue Methode zur Herstellung von hochreinem Lithiumsulfid entwickelt, einem wichtigen Material für die next-generation Festkörperbatterien (SSB). Der innovative Niedrigtemperatur-Hochreinheitsprozess adressiert zentrale Herausforderungen in der Lithiumsulfidproduktion:
- Reduzierte Produktionskosten durch geringeren Energieverbrauch
- Verbesserte Produktreinheit für bessere SSB-Leistung
- Vereinfachter Produktionsprozess für einfachere Verwaltung und Skalierbarkeit
- Umweltvorteile durch reduzierten Energieverbrauch und potenziell weniger gefährliche Reagenzien
Diese bahnbrechende Entwicklung zielt darauf ab, eine in Nordamerika basierte Ressource und Infrastruktur für Materialien der nächsten Generation von Batterien zu etablieren, was potenziell die Festkörperbatteriebranche revolutionieren könnte.
- Development of a new, low-temperature method for producing high-purity lithium sulfide
- Potential for reduced production costs due to lower energy consumption
- Improved product purity, meeting stringent requirements for advanced SSB technologies
- Filed provisional patents for the novel synthesis process
- Simplified production process allowing for easier management and scalability
- Potential to establish a North American-based resource for next-generation battery materials
- None.
Insights
This breakthrough in lithium sulfide production is a significant development for the solid-state battery (SSB) industry. The new low-temperature, high-purity process addresses key challenges in manufacturing this critical material. Lower production costs and improved product purity could accelerate the adoption of SSBs in electric vehicles and other applications.
The simplified production method and potential for scalability are particularly noteworthy. If successfully commercialized, this could help establish a stable, North American supply chain for high-quality lithium sulfide, addressing a critical gap in the market. The environmental benefits of reduced energy consumption align well with the green technology ethos of the EV industry.
However, it's important to note that while promising, this technology is still in its early stages. The path from lab-scale success to commercial production can be challenging and time-consuming. Investors should monitor future updates on scalability and commercial partnerships.
This innovation could be a game-changer for solid-state batteries. High-purity lithium sulfide is important for sulfide-based solid electrolytes, which are key to unlocking the potential of SSBs. The advantages of SSBs - enhanced safety, higher energy density and longer cycle life - make them highly desirable for next-generation EVs.
The low-temperature process is particularly intriguing. It not only reduces production costs but potentially allows for simpler manufacturing setups. This could lower the barrier to entry for production and accelerate the scaling of SSB technology. The high purity achieved is also critical, as impurities can significantly impact battery performance and lifespan.
While this development is promising, it's important to remember that SSB technology is still evolving. Other challenges, such as interface stability and cycle life at commercial scales, need to be addressed before widespread adoption. Nevertheless, this breakthrough could position Telescope Innovations and Standard Lithium as key players in the emerging SSB supply chain.
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) ("Telescope Innovations" or the "Company"), a leading developer of advanced technologies and services for the global pharmaceutical and chemical industries, announces the successful outcome of a research collaboration with Standard Lithium Ltd. (TSXV: SLI) (NYSE American: SLI) ("Standard Lithium").
Over the past year, Telescope Innovations and Standard Lithium have worked together to develop a new method for producing high-purity lithium sulfide, a key material needed for the next generation of solid-state batteries ("SSBs"). These advanced batteries are expected to power future electric vehicles ("EVs") and other high-tech devices, offering greater efficiency and safety compared to today's lithium-ion batteries.
WHY IS THIS IMPORTANT?
Lithium sulfide plays a crucial role in next-generation solid-state battery technologies, particularly as a component in sulfide-based solid electrolytes. These solid electrolytes are essential for all-solid-state batteries, which offer significant advantages over traditional lithium-ion batteries, including enhanced safety, higher energy density, and longer cycle life.
However, the production of lithium sulfide has traditionally faced significant challenges:
- High temperatures: Most synthesis methods require high temperatures, leading to increased energy consumption and production costs.
- Purity concerns: Achieving and maintaining high purity is crucial, as impurities can compromise the quality of the final product and the performance of SSBs.
- Scalability: Scaling up production from the laboratory to meet industry demands has been a persistent challenge; as a result, there is no existing stable supply of low-cost, high purity lithium sulfide available to service the developing SSB supply chain.
OUR SOLUTION
Telescope Innovations approached these challenges by applying their expertise in advanced process chemistry, utilizing robotics and artificial intelligence to identify a novel, scalable, and more direct route to produce lithium sulfide. This low-temperature, high-purity process offers several distinct advantages:
- Reduced production costs: Lower temperatures directly reduce energy consumption, making the production process more cost-effective relative to existing lithium sulfide production routes.
- Improved product purity: The high-purity production method significantly minimizes impurities, ensuring a higher quality end product that meets the stringent requirements for advanced SSB technologies.
- IP protected: Provisional patents for this novel and innovative synthesis have been filed.
- Simplified production: The low-temperature process allows for simpler equipment and less complex procedures, facilitating easier management and scalability.
- Environmental benefits: The reduction in energy consumption and the potential use of less hazardous reagents make this process more environmentally friendly, aligning with the growing demand for sustainable technologies.
Professor Jason Hein, CTO of Telescope Innovations, stated, "This collaboration has leveraged our expertise in chemistry alongside Standard Lithium's deep knowledge of battery materials. We've developed a solution with the potential to transform the solid-state battery industry. This project addresses the critical limitation of a constrained supply chain for next-generation battery materials, and aims to establish a pivotal North American-based resource and infrastructure. We are excited to build upon this partnership as we continue to advance innovative technologies."
"Our work in the Smackover Formation remains our primary focus, driving the development of sustainable lithium production. However, as part of our mission to stay at the forefront of industry advancements, we are also positioning ourselves to meet the demands of next generation battery technologies. This collaboration is a continuation of our long-standing commitment to innovation in lithium technology," said Dr. Andy Robinson, President and COO of Standard Lithium. "This project with Telescope Innovations is an important part of that strategy. By working with the brightest minds in the industry and leveraging these learnings, we are not only advancing our technological capabilities but also enhancing our ability to attract strategic partnerships-just as we have successfully done in the past. This approach continues to create value for our shareholders and ensures we are well-prepared for the future of solid-state battery chemistry."
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by the highest quality resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction ("DLE") and purification process. The Company's flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Additionally, the Company is advancing the Phase 1A project in partnership with LANXESS Corporation, a brownfield development project located in southern Arkansas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.
Standard Lithium is jointly listed on the TSX Venture Exchange and the NYSE American under the trading symbol "SLI". Please visit the Company's website at https://www.standardlithium.com.
About Telescope Innovations
Telescope Innovations is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The Company builds and deploys new enabling technologies including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency, and data quality. Our aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability.
On behalf of the Board,
Telescope Innovations Corp.
Jeffrey Sherman, Chief Operating Officer
Forward-Looking Information
Forward-looking information is based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information.
Forward-looking statements in this document include expectations surrounding lithium sulfide as a key material for the next generation of SSBs, the use of SSBs to power future electric vehicles and other high-tech devices, the greater efficiency and safety of SSBs compared to today's lithium-ion batteries, the use and viability of Telescope Innovations' low-temperature, high-purity process for producing lithium sulfide and associated advantages of reduced energy costs, improved product purity, simplified production, and environmental benefits, the potential of Telescope Innovations' solution to transform the solid-state battery industry, the establishment of a pivotal North American-based resource and infrastructure for next-generation battery materials, Telescope Innovations' ability to continue to develop innovative technologies, and all other statements that are not statements of historical fact.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with the global COVID-19 pandemic; general economic conditions; adverse industry events; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; and other assumptions, risks and uncertainties.
The forward-looking statements contained in this news release are made as of the date of this news release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221282
FAQ
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