First Tellurium Reports on Recent Lithium-ion Battery Fires and Safety Advantages of New Lithium-Tellurium Batteries
Vancouver, BC, Canada, March 22, 2023 (GLOBE NEWSWIRE) — First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) (the “Company” or “First Tellurium”), reports that increasing incidents of lithium-ion battery fires, including a recent five-alarm fire in New York City caused by an electric bicycle battery, are reinforcing the need for solid-state, lithium-tellurium (LiTe) batteries that are far safer and do not catch fire. The new LiTe batteries are under development by First Tellurium strategic partner Fenix Advanced Materials and the University of British Columbia Okanagan (UBCO), and were featured in a Global TV News segment in early 2022.
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