Li-Metal Provides Operational Update on Anode Production

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Lithium metal and next-gen battery company, Li-Metal (CSE:LIM) released an operational update for its roll-to-roll anode pilot plant in Rochester, New York today.

According to the release, year-to-date, the Facility has produced more than 3,000 meters of sample lithium metal anode material for both internal and customer use. This throughput reflects more than three times the Company’s total volume of sample material delivered in 2021. In addition, the Facility has proven its ability to produce lithium metal anode products with lithium thickness between three and 25 micrometers as the Company continues to customize its offerings to meet the unique needs of prospective customers.

The company also completed proof-of-concept testing of silicon anode pre-lithiation using its PVD equipment.

“I’m extremely proud of our team – our U.S. pilot plant continues to hit key benchmarks and technical milestones, and the team has proven that they can overcome the expected challenges in ramping up new equipment,” said Maciej Jastrzebski, co-founder and CEO of Li-Metal. “The process productivity increases we have achieved this year are very significant, because they play a big part in determining production economics. We have demonstrated high-rate deposition and to our knowledge, we are operating the highest intensity PVD lithium deposition process in the world. We have high confidence that the additional improvements to both process and equipment we have in the pipeline will help push the envelope even further.”

On September 15th, Li-Metal signed a marketing agreement with Blender Media Inc. to provide marketing services. With an initial period of 3 months, Blender will be paid $32,000 plus applicable taxes and ad spend.