For this past week, this test was conducted and validated by a well-established third-party laboratory in
Loading mass: 6.5mg/cm2
Electrode density: 1.1g/ cm3
Natural graphite/Si ratio: 9:1
Charging condition: 0.5C with CC/CV mode (NOT CC mode)
Voltage: 0.01V 1.5V
NEO's previous 100% Si nanoparticle-based durability test results had confirmed that NEO's proprietary nanocoating technology stabilizes the Si material at long-term operating times required for electric vehicles (EV) and various energy storage applications. These new results further demonstrate the longevity and stability of NEO's Si anode when it is mixed with a conventional graphite-based anode. Introducing 10% of NEO's nanocoated silicon in a natural graphite anode allows a more uniform solid-electrolyte interface (SEI) layer formation with minimal volume expansion during cycling, and thus, more than two-times higher capacity retention is obtained.
Strategic Developments & Activities
Additionally, for the past two weeks, NEO has signed several non-disclosure agreements with some established players in the battery metals and materials industry. Discussions pertain to the advancement of NEO's silicon production and proprietary nanocoating technology for silicon anodes. Due to reasons of confidentiality and the competitive nature of the industry, all parties will remain unidentified at this point in time.
At this time, no further deal terms have been reached, nor has the Company entered into any letters of intent, partnerships, advisory agreements, or any other form of definitive agreement with these parties. As the Company's discussions remain at preliminary stages, there can be no assurance or guarantee that the Company will enter into binding agreements.
Upon the request of the Exchange, NEO clarifies its relationship with 321Gold as advertisers. NEO has solely paid for banner advertisements for a six-month period. 321Gold was not paid for investor relations, promotional, nor market-making services.
About
Contact:
Tel: 604-697-2408
Email: 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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