- Attaining In-House Coin Full Cell Producing Capability for NBMSiDE™ Optimization at R&D Scale-Up Centre
- Able to Independently Produce Coin Full Cells to Realize Time and Cost-Saving Efficiencies for Product Optimization
- On-Going NBMSiDE™ Sample Evaluation and Optimization with Battery Cell Manufacturers
- Increased Cell Format and Capacity Testing with Global Non-Asian Battery Manufacturer
- Developing New Carbon Nanotube (CNT)-Based NBMSiDE™ Silicon Anode Product to Improve Cycling Performance and Mechanical Durability
- Additional Collaborative Agreement Signed with
Yonsei University-Industry Foundation for Fast-Track Commercialization
R&D Scale-Up Centre: In-House Coin Full Cell Producing Capability for Optimization
NBMSiDE™ Sample Evaluation & Product Optimization with Battery Cell Manufacturers
NEO is continuously undertaking NBMSiDE™ sample evaluation and product optimization with global battery cell manufacturers under NDAs. As different nanocoating materials, performance requirements, and silicon loadings are required, the silicon anode products are being finetuned with specifications requested from each cell manufacturer, creating lead times between delivery and performance testing. NEO is progressing through sending optimized products for evaluation.
Most recently, an initial coin cell test was completed with a non-
As previously announced, the Company is currently conducting trials to manufacture carbon nanotube-composite NBMSiDE™ silicon anodes based on its pending patent. On
NBM Korea Signs Collaborative Agreement with
NBM Korea has entered into a collaborative agreement with the
About
NEO Battery Materials Ltd. is a Vancouver-based company focused on electric vehicle lithium-ion battery materials. NEO has a focus on producing silicon anode materials through its proprietary single-step nanocoating process, which provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials. The Company intends to become a silicon anode active materials supplier to the electric vehicle industry. For more information, please visit the Company’s website at: https://www.neobatterymaterials.com/.
On behalf of the Board of Directors
President and CEO
604-355-6463
shuh@neobatterymaterials.com
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of technologies which have not yet been tested or proven on a commercial scale, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
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