Battery research sponsored by Lion Battery Technologies at Florida International University. (Image courtesy of Platinum Group Metals).
The U.S. Patent and Trademark Office issued Patent No. 10,734,636 B2 entitled “Battery Cathodes for Improved Stability” to Florida International University. This patent includes the use of platinum group metals and carbon nanotubes and other innovations in lithium batteries.
The report is good news for Lion Battery Technologies, a subsidiary of Platinum Group Metals (TSX: PTM) and Anglo American Platinum (Amplats), as the company has exclusive rights to all technology being developed by FIU included patents granted following the signing of a sponsored agreement with the institution.
