• Platinum Group Metals’ majority-owned Lion Battery Technologies completed first-phase independent testing for its platinum- and palladium-based lithium-sulfur cells.
• Battery Innovation Center testing validated Lion’s electrode design; platinum group metal catalysts lifted capacity and rate capability versus non-catalyzed cells.
• Palladium-rich formulations delivered the strongest overall results, supporting a move toward pilot-scale manufacturing.
• Next stage targets commercial pouch-cell prototypes in multiple configurations, with initial performance work aimed at high-energy drone applications.
• Lion, founded in 2019, is 52% owned by Platinum Group Metals and 48% by Valterra Platinum.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Platinum Group Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610010100NEWSFILECNPR____20261001_316743_1) on October 01, 2026, and is solely responsible for the information contained therein.