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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

Post by Yacunyon Oct 26, 2021 10:46am
202 Views
Post# 34049575

Finally News got here!!!

Finally News got here!!!

Dr. J. H. Park, Director and Chief Scientific Advisor of NEO, said, "The semi-commercial plant is of great significance as NEO's management and engineers have successfully designed the plant to enable both low-cost production of the silicon anode materials and flexibility of specification to satisfy the needs of various customers in the supply chain."

Its reassuring news regarding of their technology by finishing designs of the plant and machinery 
now we are moving forward with the builing of the machinary however they still have to make final decision on the location of the plant.
I think more update will come in days . 
Its very bullish if you drop your shares I will pick it up !!!:)
Good  luck for the longs!! 


 

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