Core Insights - Telescope Innovations has been selected to join the Arkansas Lithium Technology Accelerator (ALTA), marking a significant step in its engagement with industry leaders for the commercialization of its lithium processing technologies [1][6]. Group 1: ALTA Overview - ALTA connects leading lithium companies such as Standard Lithium, Albemarle, and ExxonMobil with technology enterprises like Telescope to advance innovations in critical mineral processing and battery supply chains [2]. Group 2: Lithium Refining Innovations - Telescope is advancing two proprietary lithium refinement technologies: ReCRFT™, a low capital expenditure method for producing battery-grade lithium carbonate, and DualPure™, a low-temperature method for producing lithium sulfide for solid-state batteries [3]. - ReCRFT™ has successfully processed feedstocks from over 8 lithium production sites across North America, while DualPure™ has produced lithium sulfide samples currently under evaluation by battery industry groups in North America and Asia [3]. Group 3: Engagement Benefits - The engagement with ALTA positions Telescope's technologies for pilot-scale deployment, providing direct access to a network of leading lithium producers for technical collaboration and integration into commercial operations [5]. - Collaborations through ALTA can expedite the validation of Telescope's processes under operational conditions, thereby reducing commercialization risk and accelerating time to market [5]. Group 4: Company Perspective - The CEO of Telescope stated that the invitation to ALTA is timely, as the company's lithium processing technologies are validated across multiple feedstocks, and they are ready to move into piloting with lithium producers [6]. - Arkansas is highlighted as an ideal location for deploying these technologies due to its high-quality resources and community support [6].

证券研究报告|行业研究周报 [Table_Date] 2025 年 6 月 7 日 缅甸地区供应持续缩减，供应收紧预期对锡价 或有支撑 [Table_Title2] 有色-能源金属行业周报 [Table_Summary] 报告摘要: ►本周沪镍价格环比上涨，沪镍大幅去库 截止到 6 月 6 日，LME 镍现货结算价报收 15225 美元/ 吨，较 5 月 30 日上涨 0.5%，LME 镍总库存为 200106 吨，较 5 月 30 日增加 0.36%；沪镍报收 12.2 万元/吨，较 5 月 30 日上 涨 0.89%，沪镍库存为 25,616.00 吨，较 5 月 30 日减少 5.39%；截止到 5 月 30 日，硫酸镍报收 28,500.00 元/吨，较 5 月 30 日价格持平。根据 SMM，从供给端来看，国内方面的情 况是，虽然菲律宾镍矿的发运量持续增加，国内冶炼厂的原材 料库存也较为充足，但主产区苏里高以及巴拉望的中高品位镍 矿品位有所下滑，这可能导致国内冶炼厂的金属产量出现一定 程度的下降。印尼方面，尽管当前内贸火法镍矿的升水依然较 为坚挺，冶炼厂因此面临较高的成本压力，成品价格的疲软导 致冶 ...

Core Viewpoint - Standard Lithium has successfully developed a new low-temperature method for producing battery-quality lithium sulfide in collaboration with Telescope Innovations, which is essential for next-generation solid-state batteries [1][2][3]. Group 1: Company Developments - The new conversion process transforms lithium hydroxide from Standard Lithium's Arkansas Demonstration Plant into lithium sulfide, with samples sent to solid-state battery companies for testing [2]. - The partnership with Telescope Innovations is aimed at technological evolution, which is crucial for maintaining a competitive edge in the lithium industry [3]. - Standard Lithium is focused on building its first Direct Lithium Extraction (DLE) project in North America while also pursuing innovative technologies [3]. Group 2: Product Significance - Lithium sulfide is a critical raw material for many next-generation solid-state battery chemistries, yet it is produced in limited quantities and at high costs [3]. - The patented low-temperature process offers several advantages, including feedstock flexibility, impurity tolerance, lower processing temperatures, and enhanced safety in manufacturing [7]. Group 3: Company Overview - Standard Lithium is a near-commercial lithium development company with a focus on sustainable development of high-grade lithium-brine properties in the U.S., particularly in Arkansas and Texas [4]. - The company aims for commercial-scale lithium production through a scalable and integrated DLE and purification process [4].