X-BATT, a company that specializes in advanced battery materials, is partnering with CONSOL Innovations, a subsidiary of CONSOL Energy Inc., to accelerate the development of its coal-based anode technology. The work will be performed by C-BATT Innovations LLC, a newly formed joint venture (JV) between the companies, which is focused on advancing domestic battery materials derived from coal toward ultimate commercialization.
“Collaborating with a forward-looking energy leader like CONSOL propels our technology to the next level,” said Bill Easter, CEO, X-BATT. “The ability to supplant graphite with an abundant, domestically sourced coal presents an eco-friendly solution for the growing demand for lithium-ion batteries.”
Since 2020, in partnership with the Department of Energy, X-BATT said it has been at the forefront of this innovation, integrating coal with its proprietary, low-cost, resin-based technology to produce high performance, domestically sourced anode materials.
“We continue to invest in the coal-to-products sector,” said Dan Connell, senior vice president of CONSOL Innovations. “This opportunity is focused on coupling abundant domestic raw materials with cutting-edge technology to unlock new sustainable uses for coal, and we are excited to team with X-BATT to pursue it further.”
This JV stands as a testament to the converging forces of innovation and sustainability, Connell explained, and is poised to reshape the landscape of energy storage and battery technology.