Australia's 1414 Degrees rises on plan to expand silicon battery material production
12/10/2026 24:35
BUZZ-Australia's 1414 Degrees rises on plan to expand silicon battery material production ** Shares of Australian thermal energy storage co 1414 Degrees 14D.AX rise as much as 7.1% to A$0.045, posting their biggest intraday percentage gain since September 23
** Co says it'll invest A$1 million ($698,000) to accelerate development of its SiNTL silicon-based battery anode material, designed to improve battery performance
** Says scaled-up production will begin next month in Australia and the United States
** Stock up 55.2% YTD, including session's moves
($1 = 1.4327 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
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