Platinum Group Metals stock: Lion Battery advances testing for Platinum Group Metals stock

Published on 10/23/2026 at 05:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lion Battery's October 1 tests validated platinum and palladium electrodes in prototype cells. Platinum Group Metals stock represents a company with a 52 percent Lion stake.

Lion Battery moves toward pilot production

On October 1, 2026, Lion Battery completed independent testing of platinum and palladium electrodes.
Platinum Group Metals has eight granted U.S. patents linked to the battery technology.
Platinum Group Metals is scheduled to report its next earnings on December 2, 2026.

PTM, CA72765Q8829, Illustration mit AI erstellt.

Platinum Group Metals (CA72765Q8829) is advancing its battery strategy after majority-owned Lion Battery completed independent testing of platinum and palladium electrodes on October 1, 2026. The release carried by Yahoo Finance said the tests improved capacity and rate capability versus non-catalyzed cells.

What does 52 percent ownership mean?

Platinum Group Metals owns 52 percent of Lion, while Valterra Platinum owns 48 percent. The next development stage will manufacture and test pouch-cell prototypes, optimize catalyst formulations and assess uses including drones, according to the October 1 release linked by Yahoo Finance. The commercial case is still tied to whether prototype performance can be reproduced at pilot and commercial scale.

The project also gives Platinum Group Metals a second development track alongside its Waterberg platinum-group-metals project in South Africa. Lion has received eight U.S. patents related to its battery technology, with additional applications pending, the release said.

Results date is December 2

Platinum Group Metals last reported third-quarter 2026 results on July 15, 2026. The latest financial summary lists adjusted earnings per share of minus CAD 0.01 for that release and net income of USD 955,000 for the latest reported quarter, while the company has no revenue in the structured quarterly statement. The figures underline the early-stage profile of the business, where project development and research remain more important than operating sales.

TradingView lists December 2, 2026 as the next earnings date. That report should provide the next scheduled checkpoint for cash use, Waterberg progress and Lion's pilot program.

Canadian market context

Platinum Group Metals was last at CAD 1.51 on the Toronto Stock Exchange on October 22, 2026 at 4:00 p.m. ET. The quote places the company in a development phase where the battery program offers strategic upside, but commercial validation remains the central test.

The further course of trading is shown by the continuously updated real-time quote of Platinum Group Metals stock.