Sunday, Mar 23 2025 | Time 04:28 Hrs(IST)
Business Economy


HZL & AEsir Technologies join hands for developing Zinc batteries

New Delhi, June 21 (UNI) Hindustan Zinc Ltd (HZL) on Friday said that it has signed an MoU (memorandum of understanding) with US-based AEsir Technologies for developing Zinc batteries.
Under the MoU, Hindustan Zinc will be the preferred supplier of zinc, a key raw material for AEsir Technologies' next-generation batteries.
"The MoU is in line with Hindustan Zinc’s efforts towards exploring emerging applications of zinc in the clean energy transition. Zinc batteries are revolutionizing energy storage due to their corrosion resistance, cost-effectiveness, recyclability, stability, and environmental friendliness," the company said in a statement.
As per the official release, AESir’s Nickel Zinc (NiZn) batteries have proven dependable and successful in the high-end defence sector (including aerospace and marine), renewable energy and critical infrastructure for data centres and 5G telecom etc.
Speaking on the occasion, Arun Misra, CEO of Hindustan Zinc said, “This partnership with AEsir Technologies is yet another step in our ongoing developmental work in the emerging clean technology space. By providing high-quality zinc for cutting-edge energy storage, we are opening sophisticated new avenues for environmentally friendly solutions for a greener tomorrow.”
Adding his views, Randy Moore, CEO & Co-Founder of AEsir Technologies said, “Energy storage is at the forefront of every major innovation in the energy transition space. Zinc batteries are the best story around energy storage. We are achieving great innovation in this space, and this collaboration with Hindustan Zinc provides us with critical raw materials for the development of next-gen Nickel Zinc batteries."
UNI NK ARN
More News
Kottayam-Kochi Rubber Market Rates

Kottayam-Kochi Rubber Market Rates

22 Mar 2025 | 3:36 PM

Kottayam, Mar 22 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Saturday per quintal
KOTTAYAM
RSS FOUR: 20200
RSS FIVE : 19800
KOCHI
RSS FOUR : 20200
RSS FIVE : 19800
UNI PA BM.

see more..

"Build Bharat Expo 2025"concludes with global participation

22 Mar 2025 | 1:10 PM

New Delhi, Mar 22 (UNI) The three-day industrial exhibition "Build Bharat Expo 2025", organised by the Indian Industries Association (IIA) from March 19 to 21 at Bharat Mandapam, successfully concluded.

see more..

L&T elevates Subramanian Sarma as Deputy Managing Director & President

21 Mar 2025 | 9:51 PM

Kolkata, Mar 21 (UNI) Larsen & Toubro has announced the elevation of Subramanian Sarma from Wholetime Director & President, Energy, to Deputy Managing Director & President of the Company with effect from April 02, 2025.

see more..
Rupee ends strong at 85 98 paise against USD; 1- month-high

Rupee ends strong at 85 98 paise against USD; 1- month-high

21 Mar 2025 | 8:54 PM

Mumbai, Mar 21 (UNI) The rupee on Friday registered gains of 39 paise to close at 85.98, a one-month-high against the US dollar because of dollar inflow, dealers at the Forex market said.

see more..

Kottayam-Kochi Rubber Market Rates

21 Mar 2025 | 8:30 PM

Kottayam, Mar 21 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Friday per quintal.

see more..