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Li-S Energy Limited (ASX:LIS)

ALERT: Price-sensitive ASX Announcement for LIS
Current share price for LIS : $0.125 -0.023 (-15.25%)+
Announcement
Release
18 Nov 2025 9:27AM
Price at Release
$0.148
Full Release
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Summary
Li-S Energy Limited has secured a $7.8 million grant from the Australian Renewable Energy Agency (ARENA) to support the expansion of its lithium-sulfur battery manufacturing capabilities. The grant will fund manufacturing optimisation, a feasibility study, and front-end engineering design for a facility designed to produce up to 1 GWh per year, representing a significant scale-up from their current 2 MWh production line. The development will align with market demand and support applications in high-value sectors such as drones, defense, and aerospace. This project aligns with the Federal Government's renewable energy, supply chain security, and net-zero commitments. Initial activities under the grant will commence immediately, with completion of the feasibility studies expected within 12 months.
Key Points
  • Li-S Energy Limited awarded $7.8 million grant from ARENA.
  • Targeting up to 1 GWh per year of Li-S battery cell production.
  • Grant supports manufacturing optimisation, feasibility study, and FEED.
  • Project to be developed in stages based on market demand.
  • Li-S Energy's current production line is 2 MWh.
  • Proprietary lithium-sulfur chemistry reaching commercial maturity.
  • Focus on high-value applications: drones, defense, aerospace.
  • Stage 1 of the project to be completed within 12 months with feasibility studies.
  • ARENA's support aligns with Australian Government's renewable energy strategy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.