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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 Zevoon Mar 10, 2022 8:55pm
281 Views
Post# 34505136

Tesla silicon

Tesla siliconGood question but no worries.
Spencer addressed the competition on the webcast. He even named them.
 
 Spencer - “we are in a blue ocean with no clear leaders in the silicon anode space”
He didn’t shy away from that conversation..
 
He did confirm he is 99% certain EV battery industry needs to go with the silicon anode adoption. Graphite is limited on both range and charge time. Silicon has been used for some time, with limited success due to volume expansion. Never addressed Tesla directly.
 
NBMSiDE has 5% silicon/95% graphite loading - which is equivalent to competitors 10% silicon loading due to their increased surface area which aides in density and energy storage. He explained why they use micro particles vs the competitors using nanoparticles. Micro particles 8-10x cheaper, and doesn’t clump. Their goal is 100% silicon loading and feel they will get there. No one is even close to 100% silicon loading today. 
 
NBM is currently testing 20-25% silicon loading..future generations of their product has some massive potential.
 
Bottomline, Spencer confirmed our current product is 40-50% cheaper than competitors, efficient and scalable.
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