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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

Post by likeikeon May 19, 2021 4:40pm
147 Views
Post# 33231889

heesu

heesu

A Paper Company Wants to Make a Wooden Rival to Car Batteries

Japan’s Nippon Paper is advancing technology that it claims could one day be capable of powering vehicles.

 Updated on 
 
 
 
 
Nippon Paper's Nozawa on Using Wood to Make Car Batteries
 
 
Nippon Paper's Nozawa on Using Wood to Make Car Batteries
 

It’s a potential leap in technology that most scientists remain skeptical about, but which a Japanese paper producer is determined to pursue: using trees to develop a successor to lithium-ion batteries for electric cars.

 
 

Nippon Paper Industries Co. is targeting new breakthroughs in the use of cellulose nanofibers — materials produced by refining wood pulp to the size of hundredths of a micron or smaller, and currently used in products like diapers or food additives — with the aim of creating supercapacitors that could store and release energy with vastly improved performance, and less environmental impact, than existing batteries.

 
 

“We must move faster in working with other companies to find practical uses,” Toru Nozawa, Nippon Paper’s chief executive officer, said in an interview. Cellulose nanofiber, or CNF, based-supercapacitors could “be applied for areas where lithium-ion batteries are used, such as cars and smartphones.’’ The firm aims to have a pilot energy storage system ready for demonstration at the World Expo in Osaka in 2025, and to fully commercialize the technology by a decade later.

 
 
Nippon Paper Industries CEO Toru Nozawa Interview
Toru Nozawa at the company's headquarters in Tokyo.
Photographer: Akio Kon/Bloomberg

Supercapacitors hold massless electrons in an electric field, while batteries store energy in chemical form. The differences mean that the former are ideal for delivering short and intense bursts of power — like the pop of a camera flash — but have only a fraction of the storage capacity of a lithium-ion battery. 

 
 

For decades that’s meant supercapacitors have taken a role in niche applications, used in memory back-up systems for laptops, pitch control for wind turbine motors, or in regenerative-braking for some hybrid and plug-in vehicles. They’ve also held out the long unrealized promise of an energy storage system with dramatically shorter recharging times, fewer safety risks and zero reliance on pricey metals like cobalt or nickel.

“There are lots of opportunities for supercapacitors to continue to grow as a technology, but they are in a completely different technology segment versus batteries,” said Sam Jaffe, managing director at Boulder, Colorado-based Cairn Energy Research Advisors, an industry consultant. “Supercapacitors are not and never will be a competitor to lithium-ion batteries.”

There’s also a challenge from enhancements to existing lithium-ion batteries, which have routinely provided good energy storage capacity, but have previously found slow recharging a limitation. Now, some battery technologies offers 30 minute charging times, and companies including Volkswagen AG are aiming to cut that duration to about 12 minutes, said BloombergNEF analyst James Frith.

 

Proponents of supercapacitors insist there’s value in persevering. Energy density is already improving, and the components can take another major step forward by using CNFs, said Mikio Fukuhara, a research fellow at Tohoku University who has collaborated with Nippon Paper. 

CNF production facility at Nippon Paper Industries
The large-scale cellulose nanofiber production facility at Nippon Paper's Ishinomaki plant.
Source: Nippon Paper Industries Co.

In a paper published in March in the journal Nature, a team of scientists including Fukuhara offered evidence that supercapacitors using CNFs could be used to store large amounts of electricity and have potential suitability for handheld electronics, transportation and for the storage of renewable energy.

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Early use cases would be devices using low voltages, such as smartphones or smartwatches, Fukuhara said by phone. Deploying the supercapacitors in electric vehicles would be the ``ultimate application,’’ and requires another set of advances, in part because the cars use higher voltages. “I am confident it will replace lithium-ion batteries in future, and become a deciding factor in the effort to save the environment,’’ he said. “It will be another industrial revolution.”

Competitors working on other projects to develop better supercapacitors are also confident. “Once the development is complete, the technology will be used in enhancing the capacity and lifespan of electric vehicles and energy storage systems,” said Yoo Seung Joon, a professor at South Korea’s Gwangju Institute of Science and Technology's Organic Electrochemistry and Energy Materials Laboratory.

Nippon Paper is also seeking opportunities to lift supply of materials to existing battery manufacturers, while it continues to develop the rival technology. The company has added at least one leading producer as a customer and is also considering plans to establish supply hubs in growing markets like Europe, Nozawa said in the Monday interview. 

“There’s no doubt that the shift to electric vehicles will accelerate,” he said. “We have to tap into the flow.”

— With assistance by Heesu


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