Nano One Materials Corp. NNOMF

Primary Symbol: T.NANO

Chemicals Specialty Chemicals

Nano One is a technology company with a patented and scalable industrial process for the production of low cost, high performance cathode powders used in lithium ion batteries. These unique materials are being designed to add value to electric vehicles and grid storage batteries in the global push for a zero-emission future.

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Nano One Materials Corp.

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Post by Manager123on May 07, 2024 1:06pm

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Post# 36027096

The more.... the better... Posted earlier today...

Opportunities

Nano One Materials and Worley entered into a Strategic Alliance Agreement and a License Agreement for the purposes of jointly developing, marketing and licensing a process engineering design package for the deployment of cathode active material (CAM) production facilities with potential customers in the lithium-ion battery materials sector. Nano One had commenced a feasibility study back in February to design the first commercial LFP plant, but for a company with just a $172 million market capitalization, financing the construction could be too dilutive for shareholders. Worley is a $5.4 billion company with a fleet of engineers 50,000 strong that operates in 45 countries around the world and is a major player in the energy sector. This partnership derisks Nano One’s plans to roll out their technology for a much wider adoption.

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