Australia's Li-S Energy jumps after producing lithium foils ahead of schedule

Li-S Energy

11/07/2025 06:35

** Shares of Li-S Energy Ltd LIS.AX rise 15.4% to A$0.15

** Stock headed for its best day since July 2, if gains hold

** Lithium-sulphur battery developer rose as much as 34.6% to A$0.175, hitting highest level since November 20, 2024

** LIS says successfully produced Australia's first lithium metal foils at its battery cell production facility in Geelong, Victoria, ahead of schedule

** Lithium metal foils are crucial inputs for next generation lithium-sulphur batteries

** Product will enable battery supply-chain resilience in Australia, co says

** Around 3.6 mln shares change hands, over 6x the 30-day avg trading volume of about 546,985

** Stock has flipped to gains of around 11% YTD vs loss of over 3% as of Thursday's close

($1 = 1.5188 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))