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Under the “agreement”, Talga will formulate and supply graphene for testing in components producing JenaBatteries’ patented polymer flow battery, a type of redox flow battery suitable for commercial scale and grid applications.
JenaBatteries is described as a German-based technology company that is commercialising its globally patented metal-free redox flow battery.
“By using a new class of energy storage polymers (aka plastics) instead of vanadium and other metal-ions, JenaBatteries aims to utilise the well=established global production capacity of the plastics industry to produce batteries in the megawatt/megawatthour (MW/MWh) range,” Talga said.
As per standard in the bulk of deals announced by ASX-listed companies in the graphite and lithium sectors, commercial details weren’t provided for shareholders or potential investors.
Still, Talga shares were up 6% to A27c in late trade, capitalising the company at $89 million.
