Zinc-bromide gel is safer, longer-lasting, cheaper form of storage than lithium batteries, creators say, as company lists on UK market

A developer of new low-cost, fire-resistant battery technology spun out of the University of Sydney is set to list on the London Stock Exchange.

The company, Gelion plc, will be the university’s first market listing anywhere when it is scheduled to begin trading on the bourse’s Alternative Investment Market on November 30. It raised £16m ($30m), giving the company a market capitalisation of £154m ($A285m), and allowing Gelion to accelerate the research and production of new storage products, primarily zinc-bromide batteries.

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