
Solidion Technology Inc. (NASDAQ:STI) shares surged nearly 90% on Tuesday after the company revealed that its new Electrochemical Graphitization in Molten Salts (E-GRIMS) process, developed with Oak Ridge National Laboratory, won a 2025 R&D 100 Award.
Investors rallied around the news, viewing the breakthrough as a potential game-changer in the battery materials market. The award highlights E-GRIMS as a more energy-efficient and environmentally sustainable method for producing graphite anode materials.