C-BATT Innovations LLC announces a joint venture between X-BATT and CONSOL Innovations to advance domestically sourced battery anode technology.

C-BATT Announced as a Joint Venture to Revolutionize Battery Technology

OVIEDO, FL., October 5, 2023 – C-BATT Innovations LLC, a newly formed joint venture, is excited to announce its mission to accelerate the development of novel anode technology. This venture, born from the collaboration between X-BATT, a pioneer in advanced battery materials, and CONSOL Innovations, a wholly-owned subsidiary of CONSOL Energy Inc., is focused on advancing domestic battery materials derived from domestically mined carbon toward ultimate commercialization.

Since 2020, X-BATT has been at the forefront of innovation, integrating carbon with its proprietary, low-cost, resin-based technology to produce high-performance, domestically sourced anode materials. Now, with the formation of C-BATT, this innovative work will continue to evolve, leveraging the strengths of both founding companies.

Founder and CEO of X-BATT, Bill Easter, expressed his excitement, “Collaborating with a forward-looking energy leader like CONSOL propels our technology to the next level. The ability to supplant graphite with an abundant, domestically sourced carbon presents an eco-friendly solution for the growing demand for lithium-ion batteries.”

“We continue to invest in the carbon products sector,” shared Dan Connell, Senior Vice President of CONSOL Innovations. “This opportunity is focused on coupling abundant domestic raw materials with cutting-edge technology and we are excited to team with X-BATT to pursue it further.”

C-BATT stands as a testament to the converging forces of innovation and sustainability and is poised to reshape the landscape of energy storage and battery technology

About X-BATT®

Established in 2019, X-BATT® focuses on leveraging its patented technology for high-capacity, low-cost, scalable lithium-ion battery components and provides customized, cutting-edge solutions that will allow the renewable energy future to be fully realized.

 www.x-battinc.com

About CONSOL Innovations LLC

CONSOL Innovations LLC, a wholly-owned subsidiary of Core Natural Resources, Inc., is dedicated to creating long-term value through sustainable innovations in the carbon products and materials and carbon management markets. With a mission to “Reimagine Carbon for a Sustainable Future,” CONSOL Innovations is founded on the belief that our abundant carbon resources, which have fueled human progress since the Industrial Revolution, can also serve as an important building block for meeting the critical and evolving needs of society going forward.  The company, with primary operations in Triadelphia, WV, is focused on providing disruptive, carbon-based solutions for growing industries including aerospace, building products, and energy storage.

https://corenaturalresources.com/sustainability/consol-innovations/