BASF and Group14 Partner on Market-Ready Silicon Anode Solution

BASF SE BASFY recently announced a collaboration withGroup14 Technologies, the largest global manufacturer of advanced silicon battery materials, on a market-ready, performance-improving silicon battery solution that uses commercially available materials: BASF’s Licity2698 X F binder and Group14’s advanced silicon battery material, SCC55. The companies have developed a drop-in-ready solution to enhance the performance of batteries with silicon-dominant anodes, delivering faster charging and higher energy density, with extreme durability. Combining technologies has driven mainstream adoption at unprecedented speed. It has also allowed battery manufacturers to deliver high-performance, scalable silicon batteries faster than ever to help address soaring energy needs.The combination has optimized BASF’s latest binder with the capabilities of SCC55, ensuring robust cycle life and transformational performance.  Strong and capable lithium batteries are critical for the mass adoption of electric mobility and BASF’s dispersions business offers Licity binders that drive this technology further.BASFY stock has lost 4.4% over the past year compared with the industry’s 24.7% decline.Image Source: Zacks Investment ResearchBASFY’s Zacks Rank and Key PicksBASFY currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the Basic Materials space are Akzo Nobel N.V. AKZOY, Newmont Corporation NEM and Idaho Strategic Resources, Inc. IDR. While AKZOY sports a Zacks Rank #1 (Strong Buy), NEM and IDR currently carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Akzo Nobel’s current-year earnings is pegged at $1.64 per share, implying a 17.14% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the rest.The Zacks Consensus Estimate for NEM’s current-year earnings is pegged at $3.92 per share, indicating a 12.64% year-over-year rise.Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed it in one, with an average surprise of 32.41%. NEM’s shares have soared 18.3% in the past year.The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in two of the trailing four quarters while missing the rest, with the average surprise being roughly 21.70%.  5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM): Free Stock Analysis Report BASF SE (BASFY): Free Stock Analysis Report Akzo Nobel NV (AKZOY): Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks