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Stock impact report

Pure Lithium's Novel Lithium Metal Battery Achieves Unprecedented Cycling Results [Yahoo! Finance]

LITHIUM CORP (LTUM) 
Company Research Source: Yahoo! Finance
The cycles are at 100% depth of discharge (DOD) (Photo: Business Wire) BOSTON, January 06, 2025 BUSINESS WIRE )--Pure Lithium Corporation, a disruptive Boston-based vertically integrated lithium metal battery technology company, is pleased to announce results never previously reported from lithium metal battery cycling, further proving commercial viability. Pure Lithium's pouch cells, utilizing Pure Lithium's lithium metal anode made from inexpensive lithium brine coupled with a proprietary electrolyte invented at Pure Lithium, have now achieved over 2,200 cycles at a rate of 1 hour charge and 1 hour discharge, while retaining upwards of 80% capacity. The cycles are at 100% depth of discharge (DOD) as opposed to "full cycle equivalents" or "projected cycles" as reported by competitors. The cells are still cycling. Founder, Chairman and CEO Emilie Bodoin comments: "I am thrilled to announce these transformational cycling results which competitors have not come close to achieving. Show less Read more
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