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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canada-based battery materials technology company. The Company is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fasting charging batteries compared to existing technologies. The Company is focusing on developing silicon anode materials, NBMSiDE, through nanocoating layers. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a transformative and one-step nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.


TSXV:NBM - Post by User

Comment by marketsenseon Jun 29, 2021 1:17pm
149 Views
Post# 33466641

RE:Good open

RE:Good openHad to take a breather.  Straight up since .30 on the same news.   Now needs more news flow 
for the 2nd leg.   Announcement of a working protoype that demonstrates their claims will be 
the rocket fuel to drive this higher IMO.  How long that will take is unkown but that is what to
watch and wait for.

A second possibility is negotiations with a major for the rights.   Will be fascinating to see if
there is any expressions of interest from anyone else for their technology.  I would think 
there would be a lot but who knows.  It early days yet and they may have to demonstrate
a working model before big money commits.  If I was an auto manufacturer or any large
consumer product manufacturer who uses batteries,   that equates to $trillions of global
business,  it would be of great interest to me to have a look at this.  The market is hungry
for higher efficient longer lasting batteries that can be supercharged quickly and especially
the EV industry.  
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