ASX Runners of the Week: 1414, Pathkey.AI, Eclipse & European Lithium
1414 Degrees was named the ASX Runner of the Week after its nanoparticle battery technology demonstrated a 50% improvement in capacity for military drone batteries, driving a 217% share price surge. The company's breakthrough came amid broader market focus on AI, battery tech, and critical minerals, with other notable performers including Pathkey.AI, Eclipse Metals, and European Lithium. While the ASX lagged behind surging US markets, energy concerns and inflation pressures persisted in Australia due to geopolitical tensions and rising oil prices.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.