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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 Zevoon Jul 13, 2023 1:50pm
134 Views
Post# 35539744

RE:RE:New Press Release - NEO Battery Materials to Expand into Canada with Appointment of Dr. Luc C. Duchesne as VP of Government Relations for Grant Funding Initiatives

RE:RE:New Press Release - NEO Battery Materials to Expand into Canada with Appointment of Dr. Luc C. Duchesne as VP of Government Relations for Grant Funding Initiatives

According to their investor presentation, they will do a R&D centre (2024) and commercial plant (2026) in both BC and Ontario.

Proximity is the reason. I can see Southwestern Ontario as the major hub, especially with LG..
Also could have something to do with COB, investing in the country your are registered & listed in.

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