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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 racetrk6on Jan 02, 2024 12:52pm
148 Views
Post# 35807237

RE:Filing statement on sedar

RE:Filing statement on sedar


Thanks for the release.  I think they are doing the prudent think here. 

Prioritizing NBMSiDE® material optimization and striking advanced agreements with global testing parties will instead accelerate commercialization timelines with lowered capital requirements and operational risk.

Without incoming revenue from partnerships they would burn through there existing cash without anything but a building to show for it.   Its imparative that they come out with at least 1 quality partnership.  And it would be nice if it gets announced prior to being back on the market.

Predict 15 cent after market release if no news.  $$ if news is given before hand. 

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