Li-Metal Wins 2024 Bloomberg New Energy Finance Pioneers Award

Li-Metal Corp., specializing in innovative lithium metal production technologies, has been honored with the prestigious 2024 Bloomberg New Energy Finance (BNEF) Pioneers Award. This accolade recognizes the company's breakthrough in creating a more sustainable lithium metal battery supply chain, crucial for the clean energy transition. Li-Metal’s unique technologies include a patented process for extracting lithium metal directly from lithium carbonate without generating harmful by-products and an ultra-thin physical vapour deposition (PVD) method for producing high-performance lithium metal anodes.

The company's technologies promise to revolutionize the battery industry by offering more efficient and safe components for electric vehicles (EVs) and electric vertical take-off and landing (eVTOL) vehicles. These advancements are expected to play a significant role in supporting the development and commercialization of next-generation batteries. Li-Metal's efforts also align with the objectives of the Inflation Reduction Act, showcasing their commitment to supporting a greener future.

The BNEF Pioneers program is renowned for spotlighting significant innovations that contribute to global decarbonization and climate change mitigation. Li-Metal's recognition among this year's winners underscores the potential impact of their lithium metal and anode production technologies on the clean energy sector.