Published on 20 Apr 2023 on Zacks via Yahoo Finance
KBR, Inc. KBR has inked a joint development deal with ISU Chemical Co. Ltd. to develop and design commercial-scale lithium sulfide (Li2S) plants.Per the agreement, KBR will be the exclusive licensor of this technology. Li2S is used in the production of all-solid-state batteries. These units will be used to manufacture next-generation battery materials.Doug Kelly, KBR’s president, Technology segment, said, "This technology will play a valuable role in helping the industry transition towards more efficient utilization of renewable energy."
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