Nano One takes more steps towards commercialization with key initiatives underway
April 25, 2023 at 09:18 am EDT
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Nano One Materials Corp COO Alex Holmes joined Steve Darling from Proactive to share news the company has provided an update on its progress towards commercialization plans for lithium iron phosphate cathode active materials.
Holmes tells Proactive the company is reporting the retrofit of its newly-acquired Candiac facility in Québec is going well and it will be commissioned initially at 200 tons per annum in the third quarter of 2023, ramping up to as much as 2,000 tons per year. The 200tpa by 3Q qualified material will be sent to partners for validation that will hopefully lead to offtakes. The company also says engineering plans underway for optimal design for Commercial Demo on land next door.
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Nano One Materials Corp. is a clean technology company. The Company with a patented, scalable, and low carbon intensity industrial process for the low-cost production of lithium-ion battery cathode materials. It has developed and patented a One-Pot Process technology to produce cathode active materials (CAM) for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. The One-Pot Process is engineered to use non-sulfate forms of metal feedstock, such as metal powders, hydroxides, or carbonates, with the intention of reducing total cost and carbon footprint per kilogram of CAM. The process also forms coated nanocrystal cathode powders that are designed to be conventional cathode powders. The nanocrystal addresses a fundamental battery trade-off between energy density and durability. Its Metal to Cathode Active Material (M2CAM) technology reduces cost, reduces waste, and reduces the carbon footprint in the lithium-ion battery supply chain.