Allenby Capital: Gelion plc - Update

The update from Gelion plc (GELN.L), the advanced battery materials company, indicates further progress on multiple fronts as well as an increase in funding from the Australian Government. Gelion is seeking to replace the strategic minerals that are used in current Lithium-ion battery cathodes with its Nano-Encapsulated Sulfur (NES™) material. This material is low-cost and abundantly available and can be dropped into existing global manufacturing lines. Sulfur also enables very lightweight batteries and Gelion has demonstrated sample products that address the key limitations that have hindered Sulfur cathode uptake in batteries, demonstrating high power (fast charge and discharge) and high cycle life (longevity) in both Na-S and Li-S coi...