REG - Gelion PLC - Strong Progress at Battery Minerals

GelionAnnouncement

26/06/2025 07:10

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250626:nRSZ5291Oa&default-theme=true

RNS Number : 5291O  Gelion PLC  26 June 2025

26 June 2025

Gelion plc

("Gelion", the "Company" or the "Group")

 

Strong Technological and Operational Progress at Gelion's Li-Ion Recycling
Division, Battery Minerals

 

Gelion (AIM: GELN), the Anglo-Australian battery innovator, is pleased to
report continued strong progress at its wholly owned subsidiary, Battery
Minerals Ltd ("Battery Minerals"), as it advances the development of the novel
lithium-ion (Li-ion) battery recycling technology. This proprietary technology
is based on a process originally developed at Johnson Matthey and builds on
the patent and technology package acquired by Gelion in March 2023.

 

With the global battery recycling market projected to reach $30-40 billion by
2030, Battery Minerals is strategically positioned to address the dual
challenges of battery waste and critical mineral supply security.

Following the successful completion of Phase 1 of the Battery Recycling
Accelerator Programme and the subsequent award of Phase 2 grant and booster
funding through the Advanced Propulsion Centre (APC), as announced in March
2025, Battery Minerals has made significant progress under the leadership of
Jacob Carpenter in establishing its operational and technical foundations:

 

 ·             Key team appointments - Reuniting the original inventor with the technology

               Dr Koen Vandaele, appointed as Principal Scientist. Koen is an original
               inventor of the core lithium extraction patents and formerly served as a
               Technical Lead at Johnson Matthey.

               Dr Yiana Shakespeare also joins as Research Scientist, having previously
               worked on the recycling technology programme at Johnson Matthey who brings
               strategic experience from his time as a Senior Strategy Consultant - Energy
               and Natural Resources at KPMG.

 ·             Commissioning of the testing facility

               Battery Minerals' dedicated testing facility has been commissioned at the
               Innovation and Translation Hub, part of the Imperial College White City campus
               in London. The facility is now equipped to test customer samples, optimise
               process parameters, and leverage external providers to conduct advanced
               analytics, establishing a platform for accelerated development.

 ·             Validation of key data

               The team is validating key data received as part of the technology acquisition
               from Johnson Matthey.

 ·             Black mass testing

               Samples of black mass (granular material left behind after lithium batteries
               are shredded) are currently being provided from multiple partners with
               additional partnerships under active discussion. Sample testing of the black
               mass has begun and are being tested using Battery Minerals' technology to
               assess the amount of lithium that can be recovered.

 

 

·      Strengthened Intellectual Property portfolio

Gelion's IP position has been strengthened with the recent grant of a UK
patent covering the lithium extraction from black mass. Protecting this unique
and differentiated extraction process was critical, as it ensures that Battery
Minerals can operate with its unique method protected, giving it a crucial
commercial edge.

In addition, patent applications for the removal of key impurities from metal
products have both been allowed in the US and Europe, further securing Battery
Minerals' competitive advantage. This makes the Company's technology more
attractive to battery manufacturers and recyclers which require stringent
quality standards.

John Wood, CEO of Gelion, commented: "This is a significant step forward for
Gelion and our mission to accelerate the energy transition. Battery Minerals
is bringing world-class talent and truly differentiated technology to a global
challenge. We're excited by the momentum and the strong early interest from
potential partners."

 

CONTACTS

 

 Gelion plc                                                                                                                                                                                                via Alma
 John Wood, CEO

Amit Gupta,
 CFO

 Prof. Thomas Maschmeyer (Founder and Director)
 Strand Hanson Limited (Nominated and Financial Adviser)                                                                                                                                                   +44 (0) 20 7409 3494

Christopher Raggett / Rob Patrick
 Oberon Capital (Joint Broker)                                                                                                                                                                             +44 (0) 20 3179 5300
 Nick Lovering / Mike Seabrook / Adam Pollock
 Allenby Capital Limited (Joint Broker)                                                                                                                                                                    +44 (0) 20 3328 5656

 Jos Pinnington / Guy McDougall (Sales and Corporate Broking)

 Alex Brearley / Ashur Joseph (Corporate Finance)
 Alma Strategic Communications (Financial PR)                                                                                                                                                              +44 (0) 20 3405 0205

Justine James / Hannah Campbell / Will Ellis Hancock                                                                                                                                                     gelion@almastrategic.com (mailto:gelion@almastrategic.com)

About Gelion

Gelion ("gel: ion") is a global energy storage innovator, supporting the
transition to a more sustainable economy by commercialising globally important
next generation battery technologies: Sulfur based, Lithium-Sulfur (LiS),
Sodium-Sulfur (NaS) and Zinc-based (Zn) hybrid cells to electrify mobile and
stationary applications and Li-ion Recycling process.

Gelion plc (the Group) is listed on the London Stock Exchange's Alternative
Investment Market and wholly owns UK based OXLiD Ltd and Battery Minerals Ltd
and Australia based Gelion Technologies Pty Ltd.  Gelion is designing and
delivering innovative battery technology to enable that transition and return
value for its customers and investors.

Recycling

Gelion is pioneering an innovative battery recycling technology designed to
enhance and supplement current recycling methods. Our technology aims to
significantly reduce the initial costs of recycling plants, minimize waste,
and lower carbon emissions, while improving the purity of metal products and
enabling efficient lithium extraction. This advancement will allow for a
broader range of scrap materials to be recycled. Currently in the feasibility
stage, Gelion is committed to advancing our technology to a pilot-scale
demonstration, paving the way for commercialisation through material
production and IP licensing.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDGUGDLLDDDGUL