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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canadian battery materials technology company. It 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-fast charging batteries compared to existing technologies. It is a producer of silicon anode materials for the electric vehicle and energy storage industries. It is developing and optimizing its silicon anode materials, NBMSiDE, through its all-in-one manufacturing process. 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 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 Oct 20, 2021 11:12pm
261 Views
Post# 34030866

RE:We are waiting for the news.. be patient!

RE:We are waiting for the news.. be patient!Yes it will

Vancouver, British Columbia--(Newsfile Corp. - September 20, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the third-party engineering consulting firm has completed its due diligence for the selected semi-commercial facility in South Korea. The Company will receive the comprehensive report in the next week to finalize the decision regarding the site.

1)The facility will be capable of producing an initial capacity of 120 tons per year, and the space will accommodate up to 5 mass production lines when the semi-commercial scale is converted into a commercial facility.

2) To rapidly respond to the increasing demand for NEO's proprietary silicon anode prototype samples by external parties, the Company has received two additional equipment to expand the bench-scale sample capacity in the past week.
 

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